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We’re delighted to announce the promotion of 36 associates to senior associate, up from 22 last year. The senior associates are drawn from insurance and liability, healthcare, and commercial, including specialists in fraud, commercial litigation, real estate, aviation and regulatory law. 28 of those promoted are based in the UK, four in Australia, two in Denmark, one in the Middle East and one in our Lat Am and Caribbean practice in Miami.
Retentions are a controversial issue within the construction industry. It is common for a sum of money – often around 5% of the total value of a contract – to be retained by employers against their suppliers until the end of the project.