45 years and counting: Will Fried Frank’s City bet finally pay off?

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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

Recommended

Khaitan & Co advises on $740m Mittal refinancing in India

Khaitan & Co advised HPCL Mittal Energy in relation to the refinancing of $740m of existing rupee debt from a syndicate of 24 banks led by the State Bank of India. HPCL Mittal is a joint venture between Hindustan Petroleum Corporation and Mittal Energy Investment. Associate partner Deepto Roy represented the client on the transaction.

No5 Chambers’ Tim Jones takes part in two international arbitration events in Sofia

On 27 February, Tim Jones was an invited speaker at a seminar on international arbitration organised by the Bulgarian Chamber of Commerce and Industry. Jones spoke on ‘The West Tankers saga – arbitration, anti-suit injunctions and EU law’. On 28 February and 1 March, he acted as chair of arbitration panels in six arbitration moots between teams […]

real estate
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Rental arithmetic: how the UK’s top firms are managing their property

Despite a growing momentum in favour of alternative and ‘agile’ working models, many firms are still struggling to find a way to fit their working practices around reducing their property costs. It is three years since The Lawyer started collecting real estate data from law firms as part of the research for the annual UK […]

Money

Reed Smith year-end financials show 7 per cent revenue boost to $1.15bn

Reed Smith has posted a 7 per cent boost in its year-end financial results, growing from $1.075bn to $1.15bn (£746m) in 2014. Reed Smith’s average profit per partner increased by 6 per cent, from $1.14m to $1.2m last year. Revenue per lawyer also grew, by 2 per cent to $703,000 from $691,000. The results are […]

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