If I were prime minister... City partners size up the priorities for the new government
Leading lawyers point to legislation they would scrap, amend or introduce
May 08, 2015 at 10:08 AM
6 minute read
With the new Conservative Government facing the tough challenge of governing with a small majority, leading lawyers imagine their priorities if they were in David Cameron's shoes and point to which legislation should be scrapped, reformed and introduced
Kevin Ingram, banking and finance partner, Clifford Chance
- Keep:
I would maintain the overseas aid budget – I think that's really important. - Scrap:
I would definitely get rid of the bedroom tax – I think that's appalling. I would also change the GCSE exam system and A-levels. It's a mess; both my children are in the middle of them. - Amend:
The pupil premium doesn't work, but I think the idea of providing money at the low end does. I would amend it by changing the formula and/or increasing the amount. I think the basic idea that you need to provide more support for children in the lower income bracket is a good one.
Marcus Jamson, finance partner, Wedlake Bell
- Keep:
The policy on the deficit. Stay on course with trying to reduce it. - Scrap:
The proposed restrictions on pension contributions. - Amend:
No delayed referendum on the EU.
David Hughes, litigation partner, Dechert
- Keep:
I like the pension reforms but not the caps on tax relief, which have been lowered. - Scrap:
The EU referendum would be bonkers. I'm hoping there will not be another vote on Scotland as well. This would be very disruptive on both sides of the border. I also have concerns on bank betting and whether that will continue. - Amend:
Stamp duty is also bonkers. The rates are ridiculously high.
Charles Martin, senior partner, Macfarlanes
Obviously as a firm we don't have a political view. Our partners will have a variety of political positions on this. But broadly we would have a concern about anything that an incoming government could do to damage the standing of the City as a world financial centre and the UK as an attractive place to do business.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllKPMG Moves to Provide Legal Services in the US—Now All Eyes Are on Its Big Four Peers
International Arbitration: Key Developments of 2024 and Emerging Trends for 2025
4 minute readThe Quiet Revolution: Private Equity’s Calculated Push Into Law Firms
5 minute read'Almost Impossible'?: Squire Challenge to Sanctions Spotlights Difficulty of Getting Off Administration's List
4 minute readTrending Stories
- 1'It's Not Going to Be Pretty': PayPal, Capital One Face Novel Class Actions Over 'Poaching' Commissions Owed Influencers
- 211th Circuit Rejects Trump's Emergency Request as DOJ Prepares to Release Special Counsel's Final Report
- 3Supreme Court Takes Up Challenge to ACA Task Force
- 4'Tragedy of Unspeakable Proportions:' Could Edison, DWP, Face Lawsuits Over LA Wildfires?
- 5Meta Pulls Plug on DEI Programs
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250