Known for our clear and commercial advice that reflects market practice, we have a wealth of experience and are valued for our sensible approach.
We design and roll out HR policies, review executive pay, co-ordinate employment cost-cutting exercises and advise on contentious employment issues.
We advise both pension scheme trustees and sponsors on legal issues they face when operating a pension scheme and provide not only standalone advisory, pensions-related dispute resolution and corporate transactional support.
Our team are experts at designing bespoke remuneration structures to suit clients' specific objectives.
With over 40 lawyers covering key jurisdictions in Europe, Middle East and Asia, we’re perfectly placed to offer an integrated cross-border approach to employment, pensions and employee incentives.
“They're excellent at providing straightforward, practical advice. THAT'S why I go to Stephenson Harwood.”
GC of a Global Insurance Company, client research 2015
LIBOR and FX Spot Manipulation allegations
Advised financial institutions and high net worth individuals involved in LIBOR and FX Spot Manipulation allegations on complex issues of legal privilege, whistleblowing and employee incentives, including successfully litigating on these issues.
Long standing international banking client
Advised on the drafting of a complex remuneration package for a senior hire (including shares, deferred performance bonds, cash bonus buy-out payments and first year guarantees). As a Level 1 PRA-regulated firm the package had to comply with the bank's regulatory obligations including forfeiture and claw back.
Lachlan Forbes v Parker Drilling Inc. & ITS Ltd
Successfully defended a claim for unfair dismissal and breach of contract which involved complex jurisdictional questions (Cyprus, Scotland, England).
Trustees of the Barnardo Staff Pension Scheme, Construction of RPI
Advised the trustees on a claim for construction of the definition of "Retail Prices Index" in the scheme rules (Miles Buckinghamshire and others v Barnardo's and others ).
Board of the Pension Protection Fund ("PPF"), Dispute on Compensation
Represented the PPF in an ongoing dispute, effectively seeking to challenge the scope of PPF compensation (Grenville Holden Hampshire v The Board of the Pension Protection Fund ).
Pension fund claim against global fund manager
Advised the trustee board of a multi-billion pound pension fund in relation to a multi-million pound claim against one of the world's largest fund managers for negligence and breach of investment mandate.
Impact of company sale on pension
Advised the trustee of a multi-national healthcare company on the potential debt arising in relation to its pension plan as a result of a sale and the management/reduction of that debt.
Advised on the first maturity of awards granted under a long term incentive plan and in relation to the impact of a takeover offer on outstanding awards.
Advised a number of banks on the technical and practical implications of claw back, in particular in the context of new hires who are seeking to have their existing entitlements "bought out".
Advised a well-known family owned estate agent on the introduction of a bespoke share plan to incentivise key employees, with a tailored exit strategy to enable award holders to realise value.