Arnold & Porter first to break from PQE on associate pay

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Latest Briefings

Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

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New bar association launched to raise direct access awareness

A new barristers’ association is to be launched to promote direct access to the bar. The Public Access Bar Association (PABA) will aim to encourage the Bar Council to improve public awareness of the option to instruct a barrister before using a solicitor. PABA will represent the hundreds of barristers who registered in July 2004 […]

Mcdermott lands bnp paribas CDO work

McDermott Will & Emery won a pitch to advise BNP Paribas on the multi-currency collateralised debt obligation (CDO) of leveraged loans for Pemba Credit Advisers. Partner Steven Black led the team advising the bank as the lead arranger on the ?558m (£379.76m) CDO for Pemba Credit Advisers, a subsidiary of hedge fund manager Man Group. […]

Walkers raids Mourant for Jersey expansion

Walkers has poached two lawyers from offshore rival Mourant du Feu & Jeune and flown in a partner from its Cayman Islands presence to launch a Jersey-based structured finance offering. Partner Heather Bestwick has relocated from the firm’s Cayman headquarters to head the new asset finance, capital markets and structured finance group in Jersey. She […]

New phase for Yukos sell-off as Italian utilities come to the table

The politically charged auction of Yukos assets to Italian utility companies Enel and Eni has cemented Salans’ relationship with Enel on Russian acquisitions. The firm was lead counsel to Enel when it paired up with Eni to bid for $5.3bn (£2.66bn) worth of gas assets formerly held by Yukos, the bankrupted Russian energy giant. The […]

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