Financial Services

Hicks Morley understands the financial sector, and we are uniquely placed to work with our clients to solve both their short-term and long-term legal issues.

The financial services sector is continually evolving, along with changes in government, regulation, technology and customer expectations. These changes inevitably have an enormous daily impact on the workforce, which makes strong and exceptional legal representation essential.

Financial services companies are highly regulated, they are subject to a high level of scrutiny over how they manage their workforces and protect client data, and they are frequent targets of both individual and class action lawsuits.

Given the sheer size of the workforce for many financial institutions, the impact of one decision in one situation may impact thousands of other employees.

Hicks Morley has a long history of providing advocacy and human resources law representation to financial institutions. The depth and breadth of our experience, and our results for clients, are unmatched.  We are uniquely positioned to help financial services solve their legal challenges and also advise on the day-to-day operations of their business. 


We act for all types of financial services institutions. Our clients include:

  • banks and trust companies
  • insurance companies
  • investment management firms
  • pension funds
  • credit unions
  • security and commodity exchanges


The breadth of our services to financial services employers include advice and representation on:

  • litigation including wrongful dismissal, just cause, executive compensation, departing employee and restrictive covenants, class actions, pension and benefits, appeals and judicial review
  • labour relations advice and representation (e.g. union certification drives, collective bargaining and arbitrations)
  • human rights complaints and accommodation strategies related to age, physical and mental disabilities and family status
  • privacy and freedom of information issues including managing data loss incidents, recovering stolen information, achieving anti-spam compliance, conducting comprehensive privacy audits and ensuring staff understand and contribute to the compliance process
  • employment issues including structuring termination and severance packages
  • pension, benefits and executive compensation including compliance with wage restraint legislation and the design, funding and governance of pension plans
  • pay equity compliance