City firms put brake on newly-qualifieds’ pay

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Latest Briefings

M&A activity in Ireland valued at €70.9bn in first half of 2018

The first six months of 2018 have been notably buoyant for Ireland’s mergers and acquisitions (M&A) market. Dealmakers were kept busy with a pipeline of transactions, in a continuation of the active market that was evident last year…

Retail Risk Report 2018: Digital disruption and regulatory changes

By Kerry Gwyther 2018 has been a particularly challenging year for retailers so far, combining tough trading conditions with digital disruption and major legal and regulatory changes. Our Retail Risk Report, now in its fourth year, is a single point of reference to help retailers understand the legal and regulatory changes taking place in 2018 […]

When can a force majeure clause in contracts be relied on?

By Tom George, Daniel Wood and Cathy Moore In times of economic and/or political uncertainty, parties to construction contracts may consider whether they have a right to rely on force majeure provisions as a justification for temporarily or permanently failing to perform substantive obligations. We review the recent decision in Seadrill Ghana Operations Ltd v Tullow Ghana […]

Blockchain roundtable: addressing the regulatory challenges of disruptive innovation

The Blockchain Research Institute (BRI) recently gathered nearly 70 global leaders in finance, law, government, academia and innovation for a special roundtable discussion that explored the challenges surrounding blockchain regulation. Usman Sheikh, Gowling WLG partner and National Head of the firm’s Blockchain & Smart Contract Group, co-led the forum with blockchain pioneer and co-founder of BRI Don Tapscott, […]

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

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Book review

New Masters of Flash by Tomas Jankowski et al, published by Friends of ED (ISBN 1903450039) It should be said at the outset that this is not the sort of book that you will impulse buy. And at £43 you are unlikely to get it on expenses without an eyebrow being raised. You will not […]

People’s bank / citigroup

Another nice deal for London-based Cleary Gottlieb partner Andrew Curran, who joined the firm from Lovells in 1997. This sale comes hard on the heels of his work for Kobe Steel and its subsidiary Kobelco Construction Machinery in its global alliance with CNH Global (The Lawyer, 16 April), and last year he advised Robert Fleming […]

Real Estate and Projects

Compass sells Regent Palace and Strand Palace, Cumberland Hotels, Posthouse Hotels and Heritage Hotels for an aggregate value of £1.3bn. Compass Group advised by Freshfields Bruckhaus Deringer (James Davis) and Paisner & Co (David Levy, Rachel Phillips). London & Regional Properties, purchaser of Regent Palace and Strand Palace, advised by Lawrence Graham (Michael Fielding). Grand […]

Shearmans takes on Bright for M&A push

US firm gears up for assault on European M&A as CC competition head quits; Brussels office to open in July Clifford Chance‘s head of competition Chris Bright is leaving to join the London office of New York firm Shearman & Sterling. Bright is believed to be the first top-tier English competition partner to join a […]

The Lawyer in Germany

Next week The Lawyer, in association with top German legal publisher JuVe, is launching The Lawyer Deutschland, a quarterly which will be the first UK publication to provide in-depth analysis on the Continent’s most exciting market.

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