CC Offers £400 Remote Working Allowance as Deloitte Legal Proposes Reduced Hours
Clifford Chance and RPC have provided their people with funds to buy necessary equipment for remote working.
April 16, 2020 at 09:44 AM
3 minute read
Clifford Chance, RPC and Deloitte Legal have all introduced measures to bolster their finances in the face of growing disruption wrought by the COVID-19 pandemic.
Both CC and RPC have provided allowances for staff to cover remote working expenses, according to people at the firms.
CC had initially provided £200 to assist with purchases, but has now doubled that allowance to £400, according to a person at the firm.
RPC is offering its people £150 each to buy any necessary equipment to help with remote working. A spokesperson for the firm said: "I can confirm that we provided all our people with a £150 fund to help make remote working more straightforward. Most of our people already had laptops and work mobile phones but in the current environment where people have to work from home over a longer period of time we wanted to make sure everyone had what they needed, as much as anything to smooth the impact of what is a challenging time for all of us."
Meanwhile, Deloitte Legal has deferred its partner profit distributions and expects a decline in partner annual earnings of around 20%, according to a LinkedIn article by the Big Four accountant's senior partner and CEO Richard Houston.
He also announced that all staff across the auditor have the option to temporarily reduce working hours, and that salary increases, bonus pay outs and promotions will be deferred to later in the year.
The move follows similar decisions by rivals KPMG, EY and PwC in recent weeks.
Deloitte has followed the other Big Four firms in taking measures to mitigate against the financial impact of the COVID-19 pandemic.
PwC froze promotions, pay rises and bonuses across its whole U.K. business, while KPMG partners have taken a pay cut. EY has also cut back pay and working hours.
The latest law firms to have introduced measures aimed at protecting their businesses during the pandemic include Ashurst, Reed Smith and Norton Rose Fulbright.
Read More:
How Do Partners Feel About COVID-Driven Pay Changes?
Big Four Legal Arm Head Says COVID-19 Will Change the Way Law is Practiced
Deloitte Legal Europe Head Steps Down After 6 Months In Role
NOT FOR REPRINT
© 2024 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 All
Ashurst Beijing Chief Representative Leaves for New York Boutique Sterlington
Baker McKenzie, Norton Rose & Other Top Litigators Foresee Rise in AI, Data & ESG Disputes
Axiom-Ince: SFO Charges Five, Including Former Head, Following Investigation
3 minute read
SDT Upholds SLAPP Claim Against Osborne Clarke Partner Advising Nadhim Zahawi
3 minute readLaw Firms Mentioned
Trending Stories
- 1As 'Red Hot' 2024 for Legal Industry Comes to Close, Leaders Reflect and Share Expectations for Next Year
- 2Call for Nominations: Elite Trial Lawyers 2025
- 3Senate Judiciary Dems Release Report on Supreme Court Ethics
- 4Senate Confirms Last 2 of Biden's California Judicial Nominees
- 5Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
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
