Careers: in brief

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Latest Briefings

Guernsey’s Handbook on Countering Financial Crime and Terrorist Financing revised

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]

Activities requiring data protection impact assessment under Luxembourg law

By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]

New property transfer tax law

By Branimir Rajšić As of 1 January 2019, a new Property Transfer Tax Law is applicable for the transfer of property in the capital of Bosnia and Herzegovina, Sarajevo, and the entire Sarajevo Canton (published in the Official Gazette of the Sarajevo Canton no. 28/18). The new law regulates tax issues on real estate transfers, as well […]

Contribution regulation for company managers

By Branimir Rajšić Under the new Contributions Act, mandatory insurance now covers management board members, executive directors and liquidators in companies, unless they have mandatory insurance on another basis. When appointed to those functions (even when not employed), they are obliged to pay contributions on a monthly basis. This obligation includes contributions for pension insurance […]

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CC and Brobeck end fight with a $5.5m settlement

Clifford Chance is hoping that its short-lived association with Brobeck Phleger & Harrison is finally over after a settlement was reached between the firm and former Brobeck partners. The firm settled the long-running dispute – in which the former Brobeck partners alleged that Clifford Chance was responsible for Brobeck’s collapse – for $5.5m (£2.9m) on […]

Allen & Overy – UK 100

Turnover: £652m Profit per equity partner: £609,000 Equity spread: £381,000-£952,000 Net profit: £196m Profit margin: 30 per cent Salaried partner remuneration: £140,000-£200,000 Revenue per lawyer: £347,000 Revenue per partner: £1,513,000 Revenue per equity partner: £2,090,000 Cost per lawyer: £243,000 Profit per lawyer: £104,000 No of partners: 431 No of equity partners: 312 No of female […]

Burges Salmon – UK 100

Turnover: £42.2m Profit per equity partner: £335,000 Equity spread: £200,000-£400,000 Net profit: £16m Profit margin: 38 per cent Salaried partner remuneration: £110,000-£180,000 Revenue per lawyer: £227,000 Revenue per partner: £781,000 Revenue per equity partner: £1,029,000 Cost per lawyer: £141,000 Profit per lawyer: £86,000 No of partners: 54 No of equity partners: 41 No of female […]

Howard Kennedy – UK 100

Turnover: £22m Profit per equity partner: £200,000 Equity spread: £150,000-£300,000 Net profit: £5.5m Profit margin: 25 per cent Salaried partner remuneration: £65,000 Revenue per lawyer: £188,000 Revenue per partner: £349,000 Revenue per equity partner: £1,158,000 Cost per lawyer: £141,000 Profit per lawyer: £47,000 No of partners: 63 No of equity partners: 19 No of female […]

Steptoe & Johnson – UK 100

UK/global turnover: £6m/£121m UK/global PEP: £427,000/£427,000 UK/global revenue per lawyer: £273,000/£368,000 UK revenue per partner/equity partner: £0.6m/£3m Global revenue per equity partner: £1m UK/global number of partners: 2(10)/121 UK/global number of lawyers: 22/329 UK number of staff: 36 UK/global leverage ratio: 1:10/1:1.7 UK equity partner to staff ratio: 1:18 Equity structure: Merit-based with some elements […]

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