More law firms are preparing to furlough staff in response to the coronavirus crisis it emerged today with the government expected to announce that the national lockdown will continue for at least another three weeks.Gowling WLG is furloughing staff and reducing working hours and pay from May to October, and is encouraging unpaid leave and sabbaticals. The firm said it is looking to top-up the salaries of those on furlough in a way that is fair alongside those on reduced hours and reduced pay arrangements. Partner profit distributions have also been deferred.In order to protect its cashflow, Linklaters will not be paying out its partner distribution in June and bonuses will be split into two tranches. Salary reviews have also been pushed back six months and the firm has frozen all but essential recruitment.Some members of DLA Piper’s property and workplace team have been furloughed, but the team remains on full pay.Partner profit distributions are on hold at London firm Forsters, but staff salaries are not being cut. The firm has furloughed 60 employees against a total headcount of 426.BLM has reduced monthly pay to equity partners and invested the money back into the business, with no cuts presently to staff salaries. The firm is entering furlough agreements with 170 members of staff.Partner drawings at Charles Russell Speechlys have been reduced and the firm has stopped quarterly distributions to partners until further notice. This has been done to manage cash flow without asking anyone to take a salary reduction. No decision had been taken as of the end of last week about furloughing, with discussions due to continue.Shoosmiths is in discussion with staff across the firm to consider whether it may be appropriate for some to take voluntary furlough leave. The firm is also consulting with staff and partners to consider 80% working, again on a temporary and voluntary basis, which would entail 80% pay and benefits. Full equity partners have already left their usual dividend payments within the business and further dividend payments are under review.No staff are being furloughed and salaries are not being cut at DWF, and partner pay is not due to be reduced or deferred. However, the firm has yet to decide whether a final dividend will be paid out for 2020.A survey of more than 200 law firms conducted by chartered accountants Saffery Champness and the Institute of Legal Finance & Management shows that 77% of firms have discussed a furlough strategy with staff. More than half of those furloughing staff intend to furlough no more than 40% of their total workforce, while 7% will furlough more than 80% of staff.Meanwhile, three-quarters of respondents have either already reduced partner drawings or are considering it and 6% have started redundancy negotiations. Nearly three-quarters of firms have not introduced pay cuts, however.Last week, almost 20 firms revealed plans to furlough staff, cut salaries and suspend partner pay. *The Law Society is keeping the coronavirus situation under review and monitoring the advice it receives from the Foreign & Commonwealth Office and Public Health England. Please see the Gazette’s dedicated coronavirus page here >> Find advice and updates here.
Related TopicsBritish BulldogsBroken Matt HardyDelete or DecayDennis StampGradoGrado vs Smoking Joe FrazierIMPACT WrestlingJeremy BorashKing Maxel debutRing of HonorRock and Roll ExpressROHTag Team ApocalyptoThe New DayThe Young BucksTNATotal Nonstop ActionTotal Nonstop DeletionWWE SPOILERS INCLUDED: PWInsider reports:During the recent TNA tapings , Matt Hardy cuts a promo and announces that an episode of Impact will take place at the Hardy Compound, this episode would be called Total Nonstop Deletion. Matt Hardy invites teams from “time and space” to compete in this extra special episode of Impact, that match will be called “Tag Team Apocalypto” and it will be a falls count anywhere on the compound match.Matt Hardy in the promo invited teams from all around “The Bucks of Youth”, “The Express who Rocks and Rolls”, “The Bulldogs who are British” and “The Days of The New” to compete in this match. TNA plans to bring in plenty of outside teams to compete in this match. Matt Hardy and Jeremy Borash are already trying to book teams.Also planned for Total Nonstop Deletion is the “in-ring debut” of Matt’s son, King Maxel , and a match between Grado and Smoking Joe Frazier, the kangaroo that was last seen in Delete or Decay.I believe this is something that is needed for Impact Wrestling and it can definitely generate a buzz for the product that has had a lot of recent problems since the week of Bound for Glory. If TNA manages to get “The Days of the New” from WWE, this could make for a very interesting time.Below are the tweets from Broken Matt Hardy trying to book tag teams for Total Nonstop Deletion :INVITED. If MeekMahan allows The Day of New to appear at #TotalNonstopDELETION’s #APOCALYPTO, I’ll make an appearance on MeekMahan’s Show. https://t.co/ouDAM6GT2A— #WOKEN, yet #BROKEN, Matt Hardy (@MATTHARDYBRAND) October 13, 2016 Payton Vince I’ve booked 3 new tag teams for #APOCALYPTO tonight.Let your favorite team know about #TotalNonstopDELETION so they’re not Dennis Stamped. https://t.co/4PEOIt1EQ6— #WOKEN, yet #BROKEN, Matt Hardy (@MATTHARDYBRAND) October 13, 2016 INVITED. If The Honorable Ring’s COO Kris Koff allows The Bucks of Youth to appear at #TND, I will appear at ROH in return. https://t.co/aFMadMB9I5— #WOKEN, yet #BROKEN, Matt Hardy (@MATTHARDYBRAND) October 13, 2016The Young Bucks replied back to Matt Hardy’s tweet and mentioned the fact that they do not want to be called their old Generation Me tag team names.We’d love to come say hello but please don’t call us Max or Jeremy. https://t.co/J8QQbtvgZr— The Young Bucks (@MattJackson13) October 13, 2016Broken Matt Hardy gave The Young Bucks this answer.Never.Those names are OBSOLETE.Although I recommend you two stay out of The Lake of Reincarnation. https://t.co/2Rlt0BwkCI— #WOKEN, yet #BROKEN, Matt Hardy (@MATTHARDYBRAND) October 13, 2016 Payton Vince is either talking about sports or watching sports. He covers sports for Metro Networks and is also a writer for LastWordOnSports.com. He grew up in Brooklyn Heights,Ohio for most of his life then around senior year of high school moved to Cleveland. A fan of the Cleveland Indians, Cavaliers, and a Pittsburgh Steelers, he graduated from Cuyahoga Heights High School (Class of 2014) and also graduated from the Ohio Center for Broadcasting in 2015. He bowled and played baseball in high school, and is a huge fan of independent wrestling and WWE, and can almost always find him at an independent show. Lastly, Payton is a backstage interviewer for Mega Championship Wrestling in Elyria, and is one of the three on ‘That Sports Show’ which airs daily from 2-4pm on AllSportsCleveland.com.
QPR have completed the signings of youngsters Charlie Rowan and Lewis Walker.AdChoices广告West London Sport revealed that both players were on trial with the R’s and later also revealed that the club would be signing them.Striker Walker, 20, left Derby County in August. He is the son of former England defender Des Walker.Centre-back Rowan, also 20, was released by Watford at the end of last season.Both players have signed contracts until the end of the season and will initially play for Rangers’ development side. See also:McClaren keen for QPR to bounce back by beating BrentfordFurlong and Hall play in another QPR Under-23 gameQPR to assess Cameron’s hamstring problemQPR to make Rangel an offerMcClaren named manager of the monthCameron fit and QPR will assess Hemed Follow West London Sport on TwitterFind us on Facebook
According to Chris Miller of NBC Sports Washington, John Wall will start tonight vs the Hornets. We already knew that Wall was likely to return tonight, but the more exciting part of Miller’s report is that Wall will face no minutes restriction that would be expected after such a long time out. Clearly the Wizards training staff feels comfortable enough with Wall’s progress to let him play as if he hadn’t just been out for two months.The Hornets are not a particularly fierce opponent at 34-42, but they are led by All-Star PG Kemba Walker (23.0 PPG this year) who Wall will have to guard.Please follow and like us: