Decorations for me and the new lads (6)
I believe the answer is:
medals
'decorations' is the definition.
(I know this)
'me and the new lads' is the wordplay.
'and' is a charade indicator (letters next to each other).
'the new' indicates anagramming the letters.
'lads' anagrammed gives 'dals'.
'me'+'dals'='MEDALS'
'for' acts as a link.
(Other definitions for medals that I've seen before include "Metal discs given as awards" , "Gongs" , "Awards for damsel" , "Small metal discs as awards - think Olympic games" , "Military decorations" .)