3-4 South Square – UK 100

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Cheap slate

The award for the shortest Christmas party goes to Lovells litigator Jon Holland. Having generously left his card behind the bar at a party, Holland was bemused, and possibly somewhat relieved, to find that the grand total of the tab was a stonking £5.60. That party must have been carnage.

Steptoe sets up in NY with fraud focus

Washington DC-based Steptoe & Johnson has launched a New York operation on the back of its white collar crime practice. The firm has bolstered the new office with securities and derivatives litigation partner John Lovi from McDermott Will & Emery, while Evan Barr has rejoined after a long spell in government service as Assistant US Attorney and chief […]

Arnold & Porter – UK 100

UK/Global turnover: £12.9m/£271m UK/global PEP: £375,000/£496,000 UK/global revenue per lawyer: £403,000/£405,000 UK revenue per partner/equity partner: £1m/£1m Global revenue per equity partner: £1.1m UK/global number of partners: 12/240 UK/global number of lawyers: 32/669 UK number of staff: 30 UK/global leverage ratio: 1:1.6/1:1.7 UK equity partner to staff ratio: 1:2.5 Equity structure: Modified lockstep. Begins at […]

Cripps Harries Hall – UK 100

Turnover: £19.3m Profit per equity partner: £158,000 Equity spread: £128,000-£166,000 Net profit: £3.8m Profit margin: 20 per cent Salaried partner remuneration: £69,000 (average) Revenue per lawyer: £153,000 Revenue per partner: £508,000 Revenue per equity partner: £804,000 Cost per lawyer: £123,000 Profit per lawyer: £30,000 No of partners: 38 No of equity partners: 24 No of […]

Blackstone Chambers – UK 100

Turnover: £23m Heads of chambers: Presiley Baxendale QC and Charles Flint QC. Total tenants (silks): 63 (29) Door tenants: Four Chambers contributions: 15-17 per cent Revenue per barrister: £365,000 Top cases last year: Financial Services Authority v Davidson (alias ‘The Plumber’); Financial Services Authority v Christopher Headdon; T-Mobile, Vodafone, Orange & O2 v Competition Commission […]

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