Latest Briefings

European public procurement: Commentary on Directive 2014/24/EU

The detailed commentary on European public procurement provides an authoritative interpretation of each provision in the main EU Directive on public procurement – Directive 2014/24/EU. It also highlights the application problems and interpretative issues being raised in EU Member States, which in due time will make their way up to the CJEU or even require further legislative interventions.

There is no normal: rapid change requires resilience

Phil Muller, director of legal services at Williams Lea, explains why law firms need to make better use of data, technology and distributed working to future-proof their business models.

Offshore Litigation: Rule in Gibbs applied – Recognition of Singapore moratoria denied in Scotland

In the recent Scottish case of Chang Chin Fen v Cosco Shipping (Qidong) Offshore Ltd, the Outer House of the Court of Session refused petitions brought by debtor companies under the Cross-Border Insolvency Regulations, 2006 to, amongst other things, recognise moratoria obtained in the Singapore High Court on the basis that to do so would prejudice the rights of a creditor to claim under its English-law governed debt, which stood outside the proposed Singapore schemes.

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HSF promotes seven in London in largest round since 2012 merger

Herbert Smith Freehills has promoted the largest number of partners since its merger in 2012, with 26 lawyers making the grade. The firm has added the most lawyers in Australia, with a total of eight, while seven have been made up in London. There are six partners in HSf’s continental European offices and four in […]

HSF to split out bonus payments for 2019/20 financial year

Herbert Smith Freehills is the latest City firm to reduce partner profit distributions, while maintaining it will still award bonuses in two separate payments over the next year. The firm confirmed today that all employees will remain on their current respective salaries, with this pay freeze set to be reviewed in six months. While some […]

Australian flag

HSF’s drift away from the City

Growth by big gesture is out of character for HSF, where gestation periods are habitually elephantine. The energy of 2011-12 when Herbert Smith launched on the Continent, in New York, and merged with Sydney-headquartered Freehills, was in retrospect a strategic fever-dream, not to be repeated.  We have yet to see the hoped-for doubling of size […]

Herbert Smith

HSF partner capital increased by £13m over 2018/19

Herbert Smith Freehills (HSF) asked partners to cough up an extra £77,000 each in capital over 2018/19, the firm’s most recent LLP accounts have revealed. The figures reveal that HSF’s partner capital increased by £13.4m over the last financial year, as the firm sought to balance out its bank borrowings. The accounts state that partner […]

White & Case swipes longtime CMS corporate partner

White & Case has secured the hire of a corporate partner from CMS. Partner Sandra Rafferty is set to join the US firm in early May after spending most of her career at CMS, where she was co-head of the firm’s infrastructure and projects group. She has been a partner there for almost 25 years. […]

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