BPE Solicitors – Rising 50 – 2005

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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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Firm profile: New Media Law

The founding partners of media boutique New Media Law, Ian Penman and Paul Hosford, originally met at DLA (now DLA Piper Rudnick Gray Cary) before Hosford decamped to Steptoe & Johnson. Founding partners: Ian Penman and Paul HosfordTurnover: £1mTotal number of partners: TwoTotal number of lawyers: FourMain practice areas: Media and technologyKey clients: Sony Computer […]

Herbert Smith – UK 100

Turnover: £243m Profit per equity partner: £700,000 Equity spread: £327,000-£760,000 Net profit: £78m Profit margin: 32 per cent Salaried partner remuneration: £170,000 Revenue per lawyer: £290,000 Revenue per partner: £1,227,000 Revenue per equity partner: £2,189,000 Cost per lawyer: £197,000 Profit per lawyer: £93,000 No of partners: 198 No of equity partners: 111 No of female […]

Robert Muckle corporate partner joins Eversheds

Muckle corporate partner joins Eversheds” />Eversheds has lured corporate partner Alan Fletcher (left) from Newcastle’s Robert Muckle. Fletcher is dual-qualified in Scottish and English law and qualified as a chartered accountant prior to his time as a lawyer, training with Arthur Andersen in Scotland and then working for Ernst & Young in Newcastle. Fletcher is […]

The Smith Partnership – Rising 50 – 2005

Turnover: £7.5m Revenue per partner: £416,700 Revenue per lawyer: £141,500 Total number of partners: 18 Total number of fee-earners: 99 Total number of fee-earners (excluding consultants, paralegals, trainees etc): 53 Total number of support staff: 133 Offices: Burton-upon-Trent, Derby, Leicester, Stoke-on-Trent, Swadlincote Equity structure: Modified lockstep Core business: Commercial, criminal, private client Clients: British Midland […]

Getting the boot

A gem of an anecdote reaches Tulkinghorn this week. No names, no pack drill, but rumour has it that, while at a client function, and heavily under the influence, a partner at a national firm interrupted a conversation between another partner and a director of a major bank, got annoyed about something for no reason, […]

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