All change at Weil: managing partner Francies reflects on a turbulent 2014

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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London

Akin negotiates more space at Bingham’s 41 Lothbury office

Akin Gump Strauss Hauer & Feld is understood to be negotiating to take the seventh floor at 41 Lothbury having taken over Bingham McCutchen’s lease on the fifth and sixth floors with immediate effect. In the meantime Akin’s London team will occupy space both in its original base at Ten Bishops Square and the newly […]

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Leader: UK 200 redraws the legal map

It’s here: The Lawyer’s UK 200 is the biggest financial data exercise in the legal profession. This year we’re making it more thought-provoking than ever. We’ve also tackled a problem no other analyst has. While The Lawyer UK 200 deals with UK-heritage firms, there are now a number of largely US-owned firms with substantial practices […]

Segment graph 31-40

31-40 segments: extracts

We examine the UK’s top 50 law firms in groups of 10 – here are some extracts from the full report Revenue vs RPL Size did not always equate to high RPL in 2013/14, although the general trend was still that firms with higher revenues produced more fees per lawyer. The big exceptions in the […]

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Magic circle firms launch internal salary war as US firms steal top talent

Magic circle firms have released their salary figures for trainees and associates in 2014/15, but the increases are not enough to match the power of US firms’ wallets. The winter of salary freezes is well and truly over. Freshfields Bruckhaus Deringer was the last magic circle firm to thaw out its stagnated associate and trainee […]

bar RPB

UK 200 The bar: Flourishing in the Inns

The bar saw growth across the board but is rapidly segmenting into three distinct groupings The bar is fast splintering into three distinct groups, with the UK’s top commercial sets pulling away from their personal injury, employment and criminal counterparts. Chambers are far from immune to the changes coursing through the legal market. The Jackson […]

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