Fall in number of employment disputes as economy stabilises December 6, 2009 A SUDDEN drop in demand for employment dispute lawyers has boosted hopes of a return to better economic times in the UK. According to Contact Law, the first nine months of the year saw demand for employment lawyers rise 77 per cent as the recession fuelled demand. But in November a 7.4 per cent decrease [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 24, 2009 FINANCIAL TIMESRECOVERY TREND AT ICGIntermediate Capital Group, one of Europe’s largest mezzanine lenders, inched back into profit in spite of further provisions on loans to struggling companies, such as Gala Coral, the betting group. The financial crisis has taken its toll on ICG. The London-listed company was forced to repair its overstretched balance sheet by [...]
Why chartered institutes can help to boost your career November 4, 2009 SOME name changes are only cosmetic, but for the financial services industry, the transformation of the Securities & Investments Institute into the Chartered Institute for Securities & Investment (CISI) could improve the careers of many in the City. The body, which has over 40,000 members including stockbrokers, investment advisors, portfolio managers and wealth managers and [...]
The City lawyer who argues that banking has become even riskier November 4, 2009 T o David Morley, the phrase “it is better to travel than to arrive” must sound pretty strange, an expression invented only for those unfortunate souls who have not learnt to move at speed. For Morley, who joined top law firm Allen & Overy in 1980 and has led it as senior partner since last [...]
City discrimination claims surge as recession bites November 4, 2009 SEX and the City. Why is it that the phrase slips so easily off the tongue? Long before Candace Bushnell wrote her tales of single women in New York, the words were a regular feature in newspapers, frequently entwined like so many bonking bankers. As Aviva boss Andrew Moss tries hard to shift the focus [...]
Adidas looks to 2010 for a sales upturn November 4, 2009 SEX and the City. Why is it that the phrase slips so easily off the tongue? Long before Candace Bushnell wrote her tales of single women in New York, the words were a regular feature in newspapers, frequently entwined like so many bonking bankers. As Aviva boss Andrew Moss tries hard to shift the focus [...]
HENDERSON GROUP TO RID ITSELF OF ITS FALLEN NEW STAR’S LEGACY November 2, 2009 AS FUND management veteran John Duffield gets busy with his new venture, Brompton Asset Management over in Knightsbridge, having completed FSA registration for the name last week, it looks like those lording it over his old employees are preparing to eradicate his legacy for good. Duffield’s second venture, New Star, was taken over by asset [...]
Linklaters’ Mr Tough Guy on why the next two months are key for the City September 28, 2009 THE legal profession might be going through one of its biggest slumps in a decade – but you would not know that looking at Linklaters’ senior partner David Cheyne. A small, dapper man, he is relaxed and all smiles as he sits in a tastefully furnished ground floor meeting room at the firm’s Silk Street [...]
CPAlawyers set for riches September 13, 2009 A GROUP of 230 lawyers who control legal outsourcing firm Computer Patent Annuities (CPA) are all set to be made millionaires, as the firm gears up for a stake sale to private equity. The firm, which offers intellectual property support services, is expected to sell at least a quarter of its equity in a transaction [...]
Expect a wave of City bankers suing for bonuses September 9, 2009 AT FIRST glance the news that a group of City workers is suing a bank for refusing to pay out guaranteed bonuses seems to have few wider implications for the Square Mile’s financial institutions. According to a claim filed yesterday, 72 former Dresdner Kleinwort employees are seeking €33m (£29m) they say they were promised as [...]