Are regional firms set to profit from City losses?

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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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Cameron McKenna has added French and other foreign clients to its international network and a string of eastern European offices by poaching a top French team from major Paris firm Jeantet et Associes. Francis Louvard’s practice will form the French wing of Camerons’ new European alliance, revealed last week in The Lawyer. He is bringing […]

Insurer axes in-house in favour of external firms

Legal fee insurer Eastgate Assistance is closing down its in-house legal department and plans instead to hand out litigation work to its panel. Alex Wise, spokesman for the group, says: “We have made a commercial decision to outsource the work undertaken by this team to our solicitors’ panel.” “This is not a wholesale redundancy,” he […]

Brave lawyers standing up for the rule of law

A year ago Northern Ireland lawyer Rosemary Nelson told The Lawyer: “I’m a firm believer in the rule of law. I find it wholly unacceptable that if you’re doing your job and doing it properly you are subject to intimidation and threat.” Last week, as Nelson drove to pick up her daughter from school, a […]

Bakers IT partner to run client's in-house team

A Baker & McKenzie partner is leaving to join a long-standing IT client of the firm, just six months after being appointed partner. Graham Allan, an IT specialist, will become European managing attorney of Cisco Systems. “I have always harboured ambitions to work in industry and the opportunity with Cisco gives me a chance to […]

LCD to raid courts for criminal budget

THE LORD Chancellor has warned he may poach the budgets of departments such as the court service to mop up any overspend in criminal legal aid. As the Access to Justice Bill progressed through its third reading in the House of Lords, Lord Irvine sought to calm the storm caused by his warning that the […]

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