Analysis

High society: Canada braces for cannabis M&A boom

The recreational drugs trade is rarely thought of as a sector for M&A lawyers to capitalise on, but in Canada that is exactly what is happening. The Canadian government has just introduced laws that will legalise marijuana for medicinal and recreational purposes, creating opportunities for lawyers to act on M&A deals for companies looking to […]

New technologies for business

In the shadow of Slaughter and May: how is Luminance winning clients? 

Last week, South African firm Webber Wentzel announced that it was partnering with AI platform Luminance in order to automate its M&A document review. Herein lie two households, both alike in dignity: Webber Wentzel is in alliance with Linklaters, while one of Linklaters’ biggest corporate rivals, Slaughter and May, has a 5 per cent stake […]

The pivotal role GCs can play on Brexit

Boards expect their general counsel to play a pivotal role in Brexit planning. But does reality match expectations? Despite recent Brexit developments, uncertainty remains over the UK’s future relationship with the EU. Large companies are responding to this uncertainty by triggering their contingency plans. According to a survey of 100 large UK listed and unlisted […]

New car
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Hyundai case study: Car trouble

Hyundai’s legal team turned a problem with greydealers into a brand and financial win-win for its customers and the business. Here’s how In early 2016, members of the sales department at car manufacturer Hyundai began to notice something odd: the official registration data from various countries, in particular France, showed a significant increase in the […]

Geoff Wild, Invicta Law, local authority legal service

The Invicta story: How Geoff Wild revolutionised public sector legal services

Rooting out the legal team’s civil servant mentality and spendthrift ways was head of Kent County Council in-house team Geoff Wild’s original ­intention. Twenty years on and he has revolutionised public sector provision. This is the story of Invicta Law Invicta Law’s journey from troubled in-house legal team to profitable alternative business structure (ABS) providing […]

Opinion

Catrin Griffiths

Bird & Bird’s succession taboo rings alarm bells

Politics is the juice of law firms. Publicly, lawyers will disdain discussions of partnership hierarchies and the individuals within them; privately, they relish them. And why not? Firm politics, the distillation of the personal and organisational, both illuminates and shapes strategy. It’s worth, then, paying attention to the terms people use when describing their firm’s […]

US UK flags

A&O and O’Melveny: At last some realism about global mergers

Oh, this is cute. A&O’s overture to O’Melveny & Myers yet again underlines the magic circle firm’s reputation for lateral thinking. For the last five years A&O has been consistently rumoured to be on the verge of doing a deal with Shearman & Sterling. Bypassing New York in favour of a West Coast play – […]

Ronnie Fox
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Gender pay gap reporting: a Wombat?

As the deadline for gender pay gap reporting draws to a close, the question is whether it will help the legal profession to progress towards achieving widely-shared objectives or whether it is just another regulatory burden with which solicitors must cope.

Bill Voge

Latham: The rise and very public fall of Bill Voge

What a way to go. If anyone was wondering what it would take for the global chair of a $3bn law firm to stand down from his position, yesterday’s shock revelation, which has since been updated as more details have emerged, provided the answer. For it to have happened to the global law’s golden firm […]

Work life balance
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Comment: Flexible working isn’t just for women – inclusion in law firms is about age too

Gender, gender, gender: how firms retain female talent is a board-level discussion point. The born-again evangelism among managing partners isn’t feigned, I grant you, but it’s pretty one-note, as if the rhetoric of anxiety makes up for the distinct lack of solutions. To complicate matters further, other diversity issues are beginning to emerge. Just as […]

The legal profession’s men: a pure and noble breed?

One of the questions The Lawyer asked in our recent sexual harassment survey, the first findings of which were revealed yesterday, was whether lawyers had reconsidered any of their past actions in the workplace in a new light, given the emergence of the #MeToo movement and the sexual harassment revelations that have been splashed over the […]

index
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Law firms and access to justice: Why the 1% should pay 1%

In a letter to major companies in January, BlackRock chief executive Larry Fink said: “To prosper over time, every company must not only deliver financial performance but also show how it makes a positive contribution to society. “Companies must benefit all their stakeholders, including shareholders, employees, customers and the communities in which they operate.” Such […]

Merger mania

Career clinic: How to progress your career after a law firm merger

The Lawyer’s Career Clinic panel advises on how to continue to thrive in a new structure when your law firm merges with a larger one. “I’m a newly qualified solicitor and my firm is about to merge. I’ve built up an amount of goodwill in my firm during my training contract but I’m not sure […]

Latest briefings

Cayman Islands beneficial ownership regime update

By Richard Fear, partner and Maree Martin, head professional support lawyer Since our Cayman Islands Beneficial Ownership Regime Alert in May 2017, the Cayman Islands Government has amended the beneficial ownership regime, and has issued further regulations. The Amending Laws modify who must comply with the beneficial ownership regime and impose new filing obligations on […]

Changes in Russian currency legislation

On 14 April 2018, the changes to the Federal Law ‘On Currency Regulation and Currency Control’ (the ‘Currency Regulation Law’) and the Code of the Russian Federation ‘On Administrative Offenses’ introduced by Federal Law No. 64-FZ dated 3 April 2018 became effective, which provide for the obligation of Russian residents to repatriate to their accounts […]

Can Kazakhstan tap Islamic Finance to become a regional Islamic Finance hub?

By Shaimerden Chikanayev As Central Asia’s largest and richest country, with a Muslim-majority population of around 18 million people, Kazakhstan wants its local Islamic banking industry, as an alternative source of capital for SMEs, to reach 3-5% of its total banking assets by 2020 from 0.08% in 2015… 

Football Association of Ireland settles Athlone match-fixing case

The Football Association of Ireland (FAI) has settled High Court proceedings brought by two former Athlone Town football players suspended by the FAI for match- xing. The proceedings concerned an appeal by the players Igors Labuts and Dragos Sfrijan against a 12 month suspension imposed by the FAI Independent Disciplinary Committee (Disciplinary Committee). The suspension […]

Soft drinks industry levy is in force

As reported last year, Government has introduced legislation enabling the introduction of the Soft Drinks Industry Levy (SDIL) in an attempt to reduce the consumption of sugary drinks. This so-called sugar tax came into force earlier this month. A drink is liable for SDIL if it meets all of the following conditions…

Rules of origin and the possible effect of Brexit on the food and drink sector

The European Commission has issued a Brexit notice to food business operators regarding the legal repercussions of the UK leaving the European Union. The Commission warns that EU food law may cease to apply to the UK from 30 March 2019 onwards. The consequences of this may include that, among other things, labelling on food […]

New EU legislation designed to reduce acrylamide in food

Whilst it is not possible to eliminate acrylamide completely from foods, it is possible to take steps to try and ensure that acrylamide levels are as low as reasonably possible. This is the reasoning behind the new Commission Regulation (EU) 2017/2158 which came into force this month. As from 11 April 2018, all food business […]

ISDA Master Agreements and the calculation of close-out payments

A recent case in the commercial court has highlighted that the change in wording between the 1992 and 2002 ISDA Master Agreements in relation to the calculation of the amount payable on early termination is a significant one. Under the 2002 agreement, the calculation of the close-out amount has to be objectively reasonable and not […]

Court’s approach to the sale of the family home on divorce

By Sarah Green The power of the court (or otherwise) to order that a property be sold on divorce during the course of proceedings has often been the subject of debate. The default approach has tended to be to wait until a final hearing, where it is clear that the court has power to make […]

Slovenia: Food supply chain – changes to the menu

Following an examination by the Competition Protection Agency regarding unfair trading practices in the food supply chain (for further information please see “Unfair trading practices in food supply chain examined”), the government drafted a proposal to amend and supplement the Agriculture Act. The proposal contained some major changes to the food supply sector. Parliament accepted […]

There’s no place like home until the neighbour interferes

My home is my castle. Unfortunately, the Austrian Supreme Court (“OGH”) doesn’t think so. The Austrian Civil Code (ABGB) entitles property owners to prohibit all emissions that exceed the local norm and have a substantial effect on the customary use of their property. Here are some rulings that the OGH has made since 2011…

New deal for consumers in the EU: A proposal to strengthen collective redress

The European Commission has just published its comprehensive proposal for the so-called “New Deal for Consumers”, which aims to strengthen EU consumer rights and enforcement. This includes the proposal for a new Directive enabling certain qualified entities to seek redress on behalf of consumers who have been harmed by an unlawful commercial practice. Collective redress […]

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