eFinancialCareers

Think you might be made redundant? Now's the time to start saving those emails, says employment lawyer Elaine Aarons. Everyone in the City knows that economic woes lead to redundancies and the banking sector is being particularly hard hit in the current downturn.The latest figures from the Centre for Economics and Business Research suggest that up to 10,000 jobs could be lost in the City this year alone. But in every... Read more

Elaine Aarons, principal at law firm Withers LLP, on what to do when a new boss shakes up your cosy little world. Does any of us like change? Change you have chosen – moving house or job, for example – is one thing, but when there's a reorganisation at work and a new boss gets foisted on you, you could end up a victim of circumstance. Of course, not all new bosses... Read more

If a paltry bonus is really a method of getting rid of you, you may be able to claim constructive dismissal, says lawyer Elaine Aarons. If you find your bonus has been drastically reduced (or even eliminated) this year, you may feel compelled to take action. Apart from suing for your bonus to be topped up (always a possibility if, when looked at objectively, it is clear that you were significantly... Read more

Elaine Aarons, an employment lawyer at Withers LLP, tests the mettle of those who would take on the major financial institutions. You have consulted a lawyer. You have been told you have claims that can be brought against your employer. You feel a genuine sense of grievance and you want to make the employer pay. But have you got what it takes to litigate? It is not just about having enough money.... Read more

Elaine Aarons, principal in the employment team at City law firm Withers LLP, on when (and why) banks pay huge compensation to departing executives. Public perception as to the size of claims employees can bring when their employment ends seems to be ‘the sky’s the limit’. Whilst six or seven-figure settlements get reported in the press, who can reasonably expect to be in that league, and what is it that holds... Read more

Think you might be made redundant? Now's the time to start saving those emails, says employment lawyer Elaine Aarons. Everyone in the City knows that economic woes lead to redundancies and the banking sector is being particularly hard hit in the current downturn.The latest figures from the Centre for Economics and Business Research suggest that up to 10,000 jobs could be lost in the City this year alone. But in every... Read more

You have consulted a lawyer. You have been told you have claims that can be brought against your employer. You feel a genuine sense of grievance and you want to make the employer pay. But have you got what it takes to litigate? It is not just about having enough money. Let’s assume you do. It’s really about whether you can survive the assault course that we call litigation. There is no... Read more