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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

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Penningtons – UK 100

Turnover: £23.5m Profit per equity partner: £135,000 Equity spread: £95,000-£167,000 Net profit: £6.5m Profit margin: 28 per cent Salaried partner remuneration: No salaried partners. Revenue per lawyer: £157,000 Revenue per partner: £385,000 Revenue per equity partner: £653,000 Cost per lawyer: £113,000 Profit per lawyer: £43,000 No of partners: 61 No of equity partners: 36 No […]

Linklaters set to arbitrate with German malcontents

Linklaters is close to agreeing to a formal arbitration of its festering dispute with the four ousted Germans who threatened to dissolve the firm. As revealed by The Lawyer (10 January), four sacked partners threatened last October to apply to the UK courts for a dissolution of Linklaters’ global partnership. However, Linklaters’ management now believes […]

Bryan Cave – UK 100

UK/global turnover: £10.2m/£234m UK/global PEP: £369,000/£369,000 UK/global revenue per lawyer: £378,000/£299,000 UK revenue per partner/equity partner: £1m/£1m Global revenue per equity partner: £1.2m UK/global number of partners: 10/199 UK/global number of lawyers: 27/782 UK number of staff: 64 UK/global leverage ratio: 1:1.7/1:2.9 UK equity partner to staff ratio: 1:6.4 Equity structure: Merit-based system where points […]

Landmark Chambers – UK 100

Turnover: £14.2m Head of chambers: Patrick Clarkson QC Total tenants (silks): 61 (17) Door tenants: Seven Chambers contributions: 20 per cent Revenue per barrister: £245,000 Top cases last year: Shellhaven Container Port Inquiry; London Bridge Tower (‘Shards of Glass’); Olympic bid site; Arsenal Stadium compulsory purchase order; the Hutton Inquiry. No of appearances in House […]

Skadden Arps Slate Meagher & Flom – UK 100

UK/global turnover: £43.1m/£811m UK/global PEP: £1m/£976,000 UK/global revenue per lawyer: £575,000/£492,000 UK revenue per partner/equity partner: £2.9m/£2.9m Global revenue per equity partner: £2.3m UK/global number of partners: 15/350 UK/global number of lawyers: 75/1,650 UK number of staff: 120 UK/global leverage ratio: 1:4/1:3.7 UK equity partner to staff ratio: 1.8 Equity structure: Modified lockstep. Billable hours […]

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