A spokesman for Haringey said the council contractually requires providers to obey minimum wage law, including remuneration for travel time.
He takes the same approach with other exotic ideas such as independent board directors, auditing and remuneration committees, class-action law suits and insider trading.
But part of me has to admit that the dynamics of the practice, the eat-what-you-kill remuneration model, makes a law firm inherently fragile.
They are likely to use a recent case, in which Disney shareholders successfully sued under Delaware law over remuneration payments to a former executive, Michael Ovitz, as a precedent.
In addition, Gilson and Mnookin's (1985) study on law firm remuneration systems suggests that increasing heterogeneity of values and beliefs makes it more likely that firms will use eat-what-you-kill or scorecard instead of lockstep remuneration.
Remuneration consultants complain that the law could make it harder for companies to get rid of underperforming chief executives.
It shows that the Bank Riot, which erupted over frauds related to the closing of the Bank of Maryland, actually had two legacies: an Indemnity law that promised remuneration to future victims of mob violence, and the legal exoneration of almost everyone who participated in its violence.
There is an obligation for nearly all German hospitals (about 1,800) to transfer patient data according to a certain law of hospital remuneration.
(11b) This Regulation, in line with the principle of contractual freedom, does not prevent existing licensing models, such as territorial licensing, and is without prejudice to existing provisions of national copyright contract law regarding appropriate remuneration, as well as existing collective management solutions for retransmission within a Member State.
Sherer (2007) discusses the constraining effect lockstep remuneration has on the diversification of law firms into regions that command lower billing rates, using the US law firms Baker and McKenzie (eat-what-you-kill) and Cleary Gottlieb (lockstep) as examples.
