‘Insane’ pay rises for junior lawyers in London raise culture concerns

Significant pay rises for London’s youngest lawyers at elite firms have been criticized by rivals and clients as “insane” and unsustainable, as an improving economic outlook and a spike in dealmaking reignite the city’s war for talent. British ‘magic circle’ firms Freshfields Bruckhaus Deringer, Linklaters, Clifford Chance and A&O Shearman have increased the salaries of … Read more

Demands are growing for Southwark Council to pay back millions in car fines

Southwark Council has raised more than £2.6 million in five years by issuing PCNs However, an error in the wording means that all tickets are ‘legally invalid’ Demand is growing for a Labor council to refund millions of pounds to motorists after ‘incompetent staff’ made mistakes with ‘unfair’ fines. Southwark Council has raised more than … Read more

Musk thanks Tesla shareholders after they gave him a $56 billion pay package

ELON Musk has thanked his besotted Tesla shareholders after receiving the world’s largest ever pay package. The CEO of the car giant was supported by his team and received a whopping pay increase totaling more than $56 billion, as a beaming Musk declared his love for everyone who helped him get the cash bonus. Elon … Read more

Elon Musk’s $45 billion Tesla pay package is not a done deal, legal experts say

Tesla’s fight to restore Elon Musk’s $45 billion pay package is far from over, according to legal experts, despite shareholders backing the CEO’s pay deal. Investors in the electric car manufacturer reaffirmed the wage agreement on Thursday after it was rejected by a judge in the US state of Delaware. The company’s chairman, Robin Deynholm, … Read more

Morning Coffee: JPMorgan analyst hack comes to juniors at Wells Fargo. Balyasny’s British team will take a heavy pay cut

JPMorgan’s investment banking analysts are now largely back in the office. But when that wasn’t the case and they complained about attempts to monitor their diligence at home, they found a way around the bank’s surveillance systems: mouse pushers. Get morning coffee ☕ in your inbox. Register here. Mouse jigglers were first reported to JPMorgan … Read more

Tesla pay fight tests the power of Elon Musk’s mystique – BBC News

Image source, Getty Images Item information Author, Natalie Sherman Role, BBC news June 12, 2024 In 2018, Tesla shareholders approved the largest pay package in history for Elon Musk. Will they do it again six years later? The electric car company will find out this week at its annual meeting, where it is seeking support … Read more

Enterprise passengers from Belfast to Dublin could pay double – BBC News

Image caption, The Enterprise rail service is jointly operated by Translink and Irish Rail Item information Author, Julie McCullough Role, BBC News NI journalist June 11, 2024 Updated 7 hours ago Rail passengers traveling on the Enterprise rail service from Belfast to Dublin could pay more than double what passengers traveling in the other direction … Read more

Tesla is leading the charge in defense of Elon Musk’s $56 billion pay package

Tesla shares are down 28% this year. It has warned of “significantly” slower growth as sales in its second-largest market, China, fall. A defect forced a recall of the highly anticipated latest product. The CEO spends a lot of time at other companies or causes controversy. How do you reward him? With a record-breaking $56 … Read more