Latest Briefings

Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

Q&A: Supply of goods to Saudi Arabia and GCC preferential tax treatment

Are you considering supplying goods from the Gulf Cooperation Council (GCC) to the Kingdom of Saudi Arabia? If the answer is yes, then this is a must-read to check if you qualify for GCC preferential tax treatment (including custom duty exemption), and the commercial implications you need to consider if you don’t.

Recommended

Penningtons Manches in talks to boost borrowing amid pandemic

In an attempt to stand up to the economic ramifications of the coronavirus pandemic, Penningtons Manches Cooper is looking to extend its external credit facilities. A decision has officially been taken by the firm in regard to raising more capital, although The Lawyer understands it is still only in negotiations with its primary lender. The […]

EY

DLA’s former finance and projects head moves over to EY

EY’s legal arm has brought in a senior DLA Piper partner, marking its first major lateral of this year. Partner Charles Morrison has been at DLA Piper for over fourteen years, having joined in 2005. A project finance specialist, he focuses on the oil and gas sector and advises governments, industry giants and financial institutions. […]

David Pollitt, DAC Beachcroft

DAC Beachcroft cuts pay for partners on reduced working week

Fee-earners in quieter practice areas at DAC Beachcroft are taking temporary pay cuts in line with reduced working hours, while the majority of the firm’s most recent profit distributions have been withheld. This means that partners have at least received some of their distributions, unlike other firms, although the rest of the payments have been […]

Fieldfisher

Fieldfisher favours London in latest promos round

Fieldfisher has made up eight lawyers to partner in a round that has largely revolved around the firm’s London office. The promotions, which have been effective since the beginning of May, include a smaller cohort than that of 2019, when the firm made up 14 lawyers – its largest promotions round since 2017. In the […]

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