CMS makes 22 redundant and sends IT offshore

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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Bakers joins £600k PEP club

Baker & McKenzie has broken the £600,000 average profit per equity partner (PEP) figure, with UK net profit rising by 18 per cent to £35.1m. The firm’s unaudited figures for the 2006-07 financial year show that PEP in the firm’s UK operation rose by 16 per cent from £518,500 last year to £605,000 this year. […]

Clydes plots Middle East hiring spree

Clyde & Co has put the Middle East at the heart of its strategic priorities, with a plan to hire at least 40 lawyers in the region during the next financial year. The recruitment drive follows the firm’s hiring spree last year that saw it hire 32 lawyers in the United Arab Emirates (UAE) and […]

Revealed: how to chat up a senior clerk

The bar is often criticised for being elitist, Oxbridge dominated and simply outdated, but a glossary of clerking speak shows that the bar can be ‘down with the kids’. Dionne Warwick, Gareth Gates, even Elton John and Kiki Dee feature as slang phrases in the dictionary that is being compiled by the Institute of Barristers’ […]

Smith J referred to the Office of Judicial Complaints

The decision of Mr Justice Peter Smith not to recuse himself in a recent case is being referred to the Office of Judicial Complaints (OJC) for further investigation, it was announced today (16 July). The Lord Chief Justice Lord Phillips and Lord Chancellor Jack Straw were consulted on the decision and agreed to refer the […]

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Law Society to pay £100,000 to miners

The Law Society will pay out up to £100,000 to sick miners after their law firms provided inadequate professional services in relation to the British Coal compensation scheme. The society has taken the extraordinary step after one or two solicitors firms deferred paying the miners until after their hearings before the Solicitors’ Disciplinary Tribunal (SDT). […]

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