Akin-Orrick merger talks collapse

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Greener pastures

Bank restructuring, slowly rising M&A activity and official overtures towards investment funds are keeping Irish lawyers smiling. Ireland’s continuing courtship of investment funds, the entry of Dechert into Dublin and the Irish ­government’s decision to split up Anglo Irish Bank means lawyers in ­Ireland have had a lot to get their heads around this year. […]

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A&O watchdog to probe client business processes

Allen & Overy (A&O) has put organic business improvement at the centre of its strategy as it looks to improve profitability and efficiency in what it sees as a low-growth era for legal services. The firm has set up a four-person internal watchdog, headed by former New York chief operating officer (COO) Gill Smith, which has been tasked with […]

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QualitySolicitors to launch 50 branches as talks with top 100 firms heat up

QualitySolicitors is in talks with several top 100 firms that are considering signing up to the law firm franchise, according to chief executive Craig Holt.  Next month the company will launch 50 new branches across the UK including offices in Cardiff, Sheffield, Liverpool, Ashford and London. Holt said the group plans to launch offices in […]

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Higgs & Sons

West Midlands firm Higgs & Sons prides itself on being able to retain its staff, something senior ­partner Ian Shovlin has personal experience of. Having trained with the firm, Shovlin, who is also head of personal injury (PI), is within the majority at Higgs by still being there as an equity partner. “Out of the […]

Stockholm office of Hamilton Advokatbyrå merges with Nilsson

Swedish firm Hamilton Advokatbyrå has split from its regional offices and merged with another Stockholm firm, Nilsson & Co, after the Lehman Brothers collapse forced the firm to rethink its niche practice. The firm is now aiming to compete with larger, full-service firms in Stockholm. Prior to the restructuring Hamilton had 100 lawyers through collaborations […]

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Register now

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