An Edinburgh-based equities analyst is claiming that he's owed £3m in unpaid bonuses for 2010 and half of 2011

The cliché about working in financial services in Scotland goes like this: you'll get paid less, but you'll have a much better lifestyle. If you work in Edinburgh, you may even be able to walk to work, maybe through a park. In London, you'll get paid more but be stuck with inadequate public transport or Boris bikes.

A new court case involving a Scotland-based equity researcher suggests jobs in Scotland can pay well, however. Possibly, they can pay very well indeed.

Stuart Lunn, an ex-research analyst at the Edinburgh office of brokerage firm Cenkos Securities, says he's owed £3m in unpaid bonuses dating back from 2010 and half of 2011.

Admittedly, a large proportion of the payment (£2.6m) was allegedly due from a 'phantom exit bonus scheme', and wouldn't have been included in normal pay. But the remaining £400k appears to be what Lunn was expecting for an 18 month period, suggesting he was being paid £266k a year.

This isn't exactly £3m, but it still sounds very generous. Cenkos is disputing the claim, saying that Lunn's £3m demand is, "frivolous."