Deutsche Bank faces a €7m bill for removing John Cryan as chief executive less than three years into his five-year term

Published in the Financial Times on 10 April 2018 Germany’s biggest lender dramatically ousted the Briton over the weekend, with its chairman, Paul Achleitner, saying his bank needed a “new execution dynamic” in its leadership. Christian Sewing, a Deutsche lifer who most recently ran its retail bank, was appointed chief executive. Less than a fortnight…

Read more…

Gender pay gap reporting: a Wombat?

Published in The Times The Brief on 5 April 2018 The deadline for gender pay gap reporting closed yesterday, but what does the published data tell us? Fox & Partners’ Ronnie Fox questions whether the requirements are a waste of money, brains and time – a Wombat. Almost everyone in England now believes that men and…

Read more…

Everyone’s talking about disclosure

Published by Practico – March 2018 Since the Master of the Rolls announced the consultation in relation to the new draft rules for disclosure in civil proceedings in England & Wales in November 2017, they have given rise to significant discussion and debate. Currently the subject of consultation, if approved by the Civil Procedure Rules…

Read more…

NDA ban in sex pest cases may do more harm than good

Published in The Times The Brief on 16 March 2018 Outlawing non-disclosure agreements might deter victims from coming forward for fear of the costs and stress of a regulatory investigation, writes Ronnie Fox. The warning notice published by the Solicitors Regulation Authority (SRA) on Monday threatens disciplinary action against lawyers who recommend non-disclosure agreements in…

Read more…

A lost generation: Why firms are failing their older lawyers

Article published in The Lawyer on 5 March 2018 Despite the abolition of a mandatory retirement age, many UK firms’ partnership agreements include a clause suggesting the age at which the majority of their senior lawyers should pull up stumps and move on (in contrast, lawyers at US firms are well known for working into…

Read more…