Careers: in brief

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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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New complaints body launched

A new body to deal with complaints against the legal profession was formally launched today (28 October) by the Lord Chancellor, Lord Falconer. The Office of the Legal Services Complaints Commissioner (LSCC) has full powers to set targets and to fine the Law Society if it fails to deal with complaints. The news follows the […]

Linklaters raids Lovells for finance star Freeman

In a blow to Lovells’ acquisition finance practice, star banking partner Adam Freeman has quit to join Linklaters. Freeman’s resignation was announced to the Lovells partnership last night, but the terms of his exit have not yet been finalised. Freeman’s promotion to the partnership in 2003 formed part of a renewed push by Lovells into […]

Legal Widow

At last, a reason to shun equity: people get awfully cross with you when the profits go down. “Poor sods,” said the Lawyer cheerfully, as he launched his copy of The Lawyer across the breakfast table. Story after story had partners apologising for their performances and promising to do better, placating the underdogs or simply […]

Taylor Wessing opens first Dubai base

Taylor Wessing has established its first permanent presence in Dubai, which it hopes to expand after Christmas. International arbitration head and construction partner Peter Shaw will be based in Dubai full time in the offices of Dubai firm Key & Dixon, with which Taylor Wessing has had a formal association since 2002. The main areas […]

HSBC seeks worldwide fee rate from global panel

HSBC Holdings is demanding a single worldwide rate from firms seeking a place on the bank’s global panel. The bank has told firms that if they win a place on the coveted panel they will automatically qualify to pitch for work outside the UK. It is understood that in return firms must include a common […]

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