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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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PwC enters talks with top Madrid firm in move to become number three in Spain

Big five accountant Pricewaterhouse Coopers is in merger talks with 52-lawyer Madrid firm Estudio Legale to create the third largest national firm in Spain. The merger will be the second between a Big Five accountant and a law firm after J&A Garrigues and Arthur Andersen joined forces to create a 550-lawyer firm in January 1997. […]

Australian appointments

Top five Australian firm Clayton Utz has taken on Paul Armarego as a partner and Wal Jurkiewicz as a senior associate.

In brief: Finance barrister heads to Howard Kennedy

Peter Droussiotis has joined London firm Howard Kennedy as head of the corporate insurance group. A barrister and former senior corporate finance adviser with Price Waterhouse, Droussiotis specialises in domestic and cross-border mergers and acquisitions, joint ventures, disposals, general corporate law and non-contentious insurance.

No such thing as easy money

Although US firms may offer vast salaries, City lawyers may find that other resources are distinctly lacking, warns Richard Tyler. In recent years US firms have successfully tempted a string of high-profile lawyers away from top City practices by waving briefcases full of dollar bills. But perhaps lawyers should stop to make sure that the […]

Lawyers at play

Race horses, exhibitions, concerts and conferences are all sponsored by firms. But now Cheltenham firm Bretherton Price Elgoods has taken the concept to new heights. At the Cheltenham festival of literature the firm sponsored Chris Patten, the ex-Tory MP and former governor of Hong Kong. He gave a sell-out talk about his new book about […]

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