Cleary, Dewey, Milbank cut associate bonuses

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Latest Briefings

EU: Your web doctor will see you now – software as a medical device

Patients nowadays have access to an enormous range of medical knowledge through social media, websites and health apps (in combination with wearables). The latter have become increasingly popular in recent years because of their ability to monitor in real time pulse, blood pressure, blood glucose levels and other parameters. Doctors are also intrigued by the […]

Supreme Court upholds ‘no oral variation’ clause

By Emma Davies The Supreme Court’s recent decision in Rock Advertising Ltd v MWB Business Exchange Centres Ltd [2018] UKSC 24 upheld the validity of a clause that limited the parties’ freedom to vary their contract orally. In reversing the Court of Appeal’s decision to find the ‘no oral variation’ or ‘no oral modification (NOM)’ clause binding, […]

Russia’s enduring love for fake luxury and legal action to take

By David Aylen and Elizaveta Osipchuk When reputable social media platforms are involved, rights holders should contact the social media company first and ask it to remove the account. Fortunately, such companies usually collaborate with brand owners as much as possible and take swift measures to block infringing content (usually within three to five days). However, […]

SmartLaw 2.0: expert insights for the future of law

A few years ago we offered SmartLaw: expert insights for the future of law. As expected, the legal industry has continued to evolve and so must SmartLaw in order to equip firms for the future. We still believe the original SmartLaw key concepts of clients, culture and technology are essential to successful firms, but we now must […]

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Special report: Property

Real estate is one of the sectors worst affected by the economic downturn. But the difficulties of the market have inevitably brought new opportunities and challenges for real estate lawyers as they stick by their clients. On the face of it, real estate is one of the sectors worst affected by the economic downturn. But […]

Profit dip forces Herbies into £50m tax U-turn

Firm tears up tax year deferral plan in response to bleak predictions for the year ahead. Herbert Smith has ditched plans to overhaul its financial reporting system after a gloomy profit outlook made it likely that partners would be left out of pocket. While most firms have an April year-end, Herbert Smith’s financial year runs […]

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Proskauer Rose makes 60 redundancies

Proskauer Rose has become the latest US firm to announce layoffs, shedding 35 associates and 25 support staff. A statement released by the firm said: “We are taking these actions in response to the worldwide economic crisis, as well as an unprecedented reduction in our historical lawyer attrition rate, which requires that we align our […]

Bird & Bird seals Singapore association

Bird & Bird has entered into an association with Singapore firm Alban Tay Mahtani & de Silva (ATMD), due to take effect from 1 January 2009. Bird & Bird hopes to beef up its South East Asian presence with the alliance, which will see the firms sharing clients. Bird & Bird chief executive officer David […]

Ashurst moves staff into energy and transport team

Ashurst has redeployed three corporate and three finance junior associates to its energy, transport and infrastructure (ETI) team as the transactional side of its business has slowed down. In contrast to the core corporate team, the ETI team has been very busy in recent months, requiring significant capacity. One Ashurst corporate partner told The Lawyer: […]

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