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Latest Briefings

Do payment processors wield too much power?

By Simon de Broise  Payment processors, as the name suggests, facilitate payments by credit and debit cards for both online and point of sale transactions. The payment processor acts as an intermediary between the merchant (e.g. a retailer or airline) and the customer’s bank, facilitating the rapid authorisation (or otherwise) of the payment and initiating (and […]

Making alterations to rented business premises in Guernsey

By Piers Dereham I want to carry out fitting-out works to my business premises but my landlords say I will have to remove them when my lease expires. They are also saying that they need to check my plans before they agree to anything. Is this correct? Yes. Most commercial leases contain clauses requiring you to […]

Ignoring Turkish law on data breaches could put you in prison

Data processors resident outside Turkey whose activities affect Turkey may also need to register by 30 September 2019. Even failing to delete expired data can be punished by one to two years’ imprisonment. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law, hence its 2016 Law on the […]

Amendments to the legislation of Kazakhstan on corporate matters

By Bolat Miyatov  On 2 July 2018, the Law of the Republic of Kazakhstan No. 166-VI “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Insurance and Insurance Activities, Securities Market” was adopted. Among other things, this legislative act has amended the Law of the Republic of Kazakhstan dated 13 May 2003 No. […]

Six weeks to go until Brexit: What’s going to happen to environmental law?

By Ben Stansfield, Lee P McBride, Andrew Litchfield One of the great beneficiaries of the European Union has been the environment. Since the very beginnings of the EU, Member States have come together and enacted a great variety of environmental laws, leading to cleaner seas, flourishing habitats and healthier citizens. With Brexit only a few weeks away, this […]

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Getting in on the bar act from abroad

Last year just over a third of students who successfully completed the Bar Vocational Course managed to secure a ­pupillage. Clearly, the route to becoming a barrister is an uphill struggle. Imagine how much harder that struggle becomes when you’re a foreign mature student from a jurisdiction outside the Commonwealth and EU. The incline becomes […]

Morton Fraser

UK 200 Position: 128= Tur… Position: 122Firm: Morton Fraser Turnover: £15.8mRevenue per fee-earner: £92KRevenue per lawyer: £165KRevenue per partner: £494KTotal number of fee-earners: 172Total number of qualified partners: 96Total number of partners: 32Total number of female partners: 8Total number of staff: 272

Bircham Dyson Bell

UK 200 Position: 77= Position: 73 Firm: Bircham Dyson Bell Turnover: £35.5mProfit per equity partner: £312KEarnings per partner: £210KEquity spread: £225K-£325KNet profit: £8.2mProfit margin: 23 per centRevenue per fee-earner: £202KRevenue per lawyer: £240KRevenue per partner: £696KRevenue per equity partner: £1.22mTotal number of fee-earners: 176Total number of qualified partners: 148Total number of partners: 51Total number of […]

Freshfields becomes first magic circle firm to make redundancies

Freshfields Bruckhaus Deringer has axed as many as four associates in its real estate group, becoming the first magic circle firm to make redundancies. A spokeswoman for the firm confirmed that “more than one, but fewer than five” associates had departed, but would not confirm the exact number. Tim Jones, chairman of the London management […]

Davis Polk, Sullivan & Cromwell land key AIG roles

Sullivan & Cromwell land key AIG roles” />Davis Polk & Wardwell and Sullivan & Cromwell have landed lead roles on the US government $85bn bail out of AIG. Davis Polk partners Donald Bernstein (pictured), Marshall Huebner and Bradley Smith led the firm advising the Federal Reserve on its emergency rescue of the insurer, in which […]

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