Bird & Bird outlines Germany's new employment law reforms
The 34-point reform package includes changes to fixed-term contracts, sick leave, dismissal protection, and AI co-determination.
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Global law firm
twobirds.comLast updated
In short: Bird & Bird reported a 4% revenue increase while providing extensive legal analysis on global AI, employment, and sustainability reforms.
The 34-point reform package includes changes to fixed-term contracts, sick leave, dismissal protection, and AI co-determination.
The draft mandates sustainability reporting for non-EU groups with over €450M EU turnover, using single materiality and phased-in requirements.
Employers must pay super within 7 days of payday and calculate on qualifying earnings.
The acquisition of the Baltic bank is the largest in OTP's history and requires regulatory approvals.
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