Atkin seals lords Construction act first

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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Weightmans bucks insurance slump with record revenue hike

Weightmans has announced a record increase in turnover at the year end of 15 per cent in its year, taking last year’s revenues of £38m to £43m. The firm has also announced a provisional profit per equity partner (PEP) figure of £282,000 compared to last year’s £265,000. Weightmans managing partner Patrick Gaul commented: “We have […]

Ashurst bonds Euro, London real estate posts

Ashurst has combined its head of European real estate and London real estate managing partner posts into a single role. London partner Adrian Dear has taken on the combined role, replacing Simon Cookson as head of European real estate and Martin Wright as London real estate managing partner. Both of the former management lawyers have […]

Schönherr snares rival’s team in CEE expansion

Austrian firm Schönherr is poised to take the entire real estate team of local rival Cerha Hempel Spiegelfeld Hlawati (CHSH) as it targets massive expansion across Central and Eastern Europe (CEE). The team at CHSH, which has offices across the CEE region, is headed by partners Alfred Nemetschke and Walter Anderl, who will both join […]

Wragges reveals tepid financials

Birmingham-based Wragge & Co has boosted turnover by a middling 11 per cent, hitting £112.6m after 2005-06’s £101.3m. Meanwhile, average profit per equity partner (PEP) has hit £410,000, up by less than 4 per cent from £395,000 last year. Total profit is up by 9 per cent, from £41m to £45m, while the profit margin […]

South East

Partners at smaller firms in the South East and London were disheartened recently by research showing that they earn less than their counterparts in the East Midlands, Yorkshire and the North East. The annual Financial Benchmarking Survey, conducted by the Law Society’s law management section and published in late April, found that South East firms […]

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