Latest Briefings

Portugal: Rent updating coefficient to apply in 2022

Under article 24 of Law 6/2006 of 27 February, which approved the New Urban Renting Rules, and article 11(5) of Decree-Law 294/2009 of 13 October, which approved the New Rural Renting Rules, the National Statistics Institute is responsible for calculating the annual rent update coefficient applicable to urban and rural leases. This coefficient must then be published in a notice appearing in the official gazette, Diário da República, no later than 30 October of each year.

How will costs be treated in a no-fault divorce?

At the end of this month, court fees are increasing. The change is the result of a consultation led by the Ministry of Justice earlier in the year which considered whether court fees should be increased by inflation.

Limited network exemption under PSD2 – EBA consults on Draft Guidelines

In summer 2021 the European Banking Authority published Draft Guidelines on the limited network exemption under the Payment Service Directive 2 for consultation. The Draft Guidelines are meant to foster supervisory convergence amongst the EU’s national competent regulators.

Energy Innovators Roundtable series: Reshaping regulation to recognize the imperative for technological change

Whether they like it or not, energy regulators are the new gatekeepers of the technology shift that is needed to meet Canada’s carbon reduction goals. This will require significant and near-term changes to the construct under which Canada’s utilities have traditionally been regulated. Traditional regulation doesn’t incent utilities to retire technology simply because something better has come along. Should regulation transition from “used and useful” to “better”? Join Gowling WLG for the first 2021 roundtable in the Energy Innovators Roundtable series.

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London skyline

Kirkland alumni club: Willkie secures double-partner hire in London

Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]

CC

Clifford Chance finalises long-term remote working plans

Clifford Chance has approved a long-term UK remote working policy, as it prepares to give its lawyers access to the upper floors of its Canary Wharf tower. Everyone at the firm will be expected to be in the office for a minimum of 50 per cent of their hours, with the remaining percentage being devoted […]

4 New Square struck by ransomware attack

One of the City’s leading sets of commercial chambers is reassuring clients after it fell victim to a cybersecurity incident, The Lawyer can reveal. The ransomware attack, which targeted 4 New Square, affected roughly six per cent of the set’s instructing solicitors over the past five years, although its members were able to continue working […]

Linklaters

Decline and stall: the clock is ticking for Linklaters’ finance team

In late 2019, Linklaters’ global head of banking Davide Mencacci left his base in Hong Kong to visit the London headquarters of the firm. It was a standard trip for a practice leader; catching up with fellow partners, updating management and shaking hands with clients. All seemed normal, but there was something brewing. Just a […]

Stonewall Pride

Law firms should ask hard questions about Stonewall

City firms are traditionally slow to react on controversial topics, but as a number of organisations withdraw their support for Stonewall’s Diversity Champions scheme, they may be forced to consider their position internally.

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