Turnstile

Flexibility

Flexible working seen as vital by most UK employees

Nearly eight in ten Brits highly rank remote arrangements, indicating that hybrid-sceptics may be losing out on talent

Employee stock options

Retirement

US ESOP bill offers valuation clarity, not a safe harbour

Retire through Ownership Act would give fiduciaries greater certainty over “adequate consideration” while preserving ERISA duties

Manufacturing semiconductors

Family leave

Samsung, SK Hynix parental leave rates fall following landmark labour deals

Data suggests semiconductor workers are reducing time away so they don’t lose out on massive performance bonuses

Morgan Lewis

Community

McManus takes reins as Morgan Lewis names new global leadership team

“Our responsibility is to bring the right people together with speed, coordination, and accountability,” says new chair

Polly Rodway, BDBF

Community

BDBF welcomes back partner to lead new investigations and mediation practice

Polly Rodway says move feels like “coming home”, giving areas “focused attention” they deserve

Community

Greenberg Traurig appoints new West Palm Beach practice chair

Shareholder Allison Oasis Kahn embodies firm’s “commitment to collaboration, pro bono service, and community engagement”

Restructuring

Mercedes revives voluntary redundancy programme amid productivity push

German car giant aims to cut €800m in costs while improving output with new return-to-office mandate and longer working weeks for factory staff

Unions

Air Canada’s incoming CEO faces labour relations scrutiny

Canadian pilots concerned by Scandinavian Airlines’ treatment of a Swedish union leader as government tables “special mediator” process for labour disputes

Flexibility

Barclays delays unpopular return-to-office mandate

Bank pushes back start date of three-day in-office rule after staff and union cry foul

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Monitor