• Bumper pay rises for in-house lawyers

    Bumper pay rises for in-house lawyers

    A report on counsel compensation from legal recruiter Major, Lindsey & Africa shows that since 2021, general counsel and chief legal officers have seen a 4% decrease in “total actual cash” compensation globally. However, the most junior members of in-house teams have enjoyed a 19% rise. The report says: “Corporate leaders face challenges in keeping…

  • Supreme Court grants permission for LIBOR cases to be heard

    Supreme Court grants permission for LIBOR cases to be heard

    The Supreme Court has granted permission for the cases of former currency traders Tom Hayes and Carlo Palombo to be heard by the highest court in the land. The Court of Appeal dismissed both appeals in April, but certified a point of law of general public importance relating to the proper construction of the London…