Latest Briefings

FCA test case ruling – welcome news for businesses

The High Court has handed down the long-awaited judgment in the coronavirus business interruption insurance test case brought by the FCA. Whilst the judgment may be appealed by the insurers, it is a very positive outcome for most businesses.

Can SECR fill the void where ESOS failed?

Whilst Streamlined Energy & Carbon Reporting (SECR) could be seen at first glance as a watered down ESOS without the site audits, it has the ability to deliver a wide range of energy efficiency and carbon reduction measures for organisations for years to come in a way that ESOS alone will never achieve.

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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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