Extensions and renewals, regulatory uncertainties fuel the rush (Il Sole 24 Ore, 6 July 2018 – Vittorio De Luca)

06 Jul 2018

“These are very hectic days for the companies and agencies offering staff leasing due to the effects of the new fixed-term contracts rules. This risks to trigger a surge of contract extensions and renewals before the new rules enter into force, even if no one has seen the final text of the decree yet.” Vittorio De Luca is a labour attorney and Managing Partner of the Milan-based law firm “De Luca & Partners”, and in the past few days his firm has been inundated by telephone calls from entrepreneurs asking news on the magnitude of the new decree. “The majority of them worry about the introduction of the reasons, which until 4 years ago had led to a high volume of disputes – he explains. In the past few years the greater ease of use of the fixed-term contract has certainly helped in hiring people in companies even if within a context of market uncertainty. Among our clients there are multinational companies, which beyond the merit and actual magnitude of the rules, are worried also by the negative signal originating from the first action of the new government.”

 

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