Advises on employment-related issues that arise in transactions such as mergers, takeovers, restructurings and insolvencies. In addition to drafting employment contracts, lawyers can advise on: remunerating or incentivising employees (for instance devising strategies relating to executive remuneration, such as offering shares to key employees); recruiting or retaining employees (for example, considering whether a key management team can leave if the company for which they work is acquired); disciplining or dismissing employees; sickness and maternity issues; and reorganisations.
Employment lawyers may also engage in contentious employment-related disputes, concerning issues such as discrimination, unfair dismissal, or illegal soliciting of another company’s employees. Pensions lawyers can facilitate the transfer of pension schemes, or conduct due diligence to ascertain whether the pension scheme of a proposed target is in too great a deficit.
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By Jake Schogger - City Career Series