A highly paid Wade in the sea

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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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Former Freshfields partner joins Reed Smith to elevate finance offering

Finance partner Rex Rosales is set to join Reed Smith Richards Butler after announcing his departure from Freshfields Bruckhaus Deringer two weeks ago. Rosales is to play a role in expanding Reed Smith’s asset finance and securitisation team, according to head of finance Nola Beirne. Beirne said the team, which consists of 19 finance partners, […]

Weightmans bucks insurance slump with record revenue hike

Weightmans has announced a record increase in turnover at the year end of 15 per cent in its year, taking last year’s revenues of £38m to £43m. The firm has also announced a provisional profit per equity partner (PEP) figure of £282,000 compared to last year’s £265,000. Weightmans managing partner Patrick Gaul commented: “We have […]

A&O launches in Saudi with local ally

Allen & Overy (A&O) has ramped up its international strategy today by launching in Saudi Arabia. It joins magic circle rival Clifford Chance as one of the few Western firms to have a presence in the kingdom. A&O announced today that it would be opening in Riyadh through an association with local firm Abdulaziz AlGasim. […]

Wragges reveals tepid financials

Birmingham-based Wragge & Co has boosted turnover by a middling 11 per cent, hitting £112.6m after 2005-06’s £101.3m. Meanwhile, average profit per equity partner (PEP) has hit £410,000, up by less than 4 per cent from £395,000 last year. Total profit is up by 9 per cent, from £41m to £45m, while the profit margin […]

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People

Davey Franklin Jones has promoted Janice Leyland to its partnership in the family law group. At the same time, three lawyers have been promoted to associates: Meryl Atkins, Michael Brady and Stephanie Dawson. •Davey Franklin Jones has promoted Janice Leyland to its partnership in the family law group. At the same time, three lawyers have […]

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