Davis Polk, Shearman act on Ford debt restructure

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Latest Briefings

Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

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Countrywide sale proves big draw for big firms

The negotiations over the fate of debt-ridden estate agent Countrywide have pulled in a dizzying array of legal advisers. The big roles went to Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May on a deal that is likely to see control of the company pass to a group of private equity investors that have injected […]

Pitmans pledges to double City lawyer count

Reading-headquartered firm Pitmans has vowed to double the size of its London office as it takes over a three-partner private client firm. Managing ;partner Christopher Avery said he wants to increase the size of the London office from 15 fee-earners to 30 as soon as possible. The firm has recently taken on a new 6,000sq […]

Private equity debate hijacked by politicos

Leading corporate lawyers have spoken out against the politicisation of the debate over regulation of Europe’s private equity and hedge fund industries, which is expected to form a critical part of the agenda in the forthcoming European elections. Leading ;corporate lawyers have spoken out against the politicisation of the debate over regulation of Europe’s private equity […]

Managing property costs: Lease is the word

US firms prefer high-status locations in the City; UK firms, though, are getting better value out of their properties. In the current climate where cash is king, firms need to be doing everything they can to find new ways of ­generating income from their bricks and mortar. Clifford Chance recently signed a deal to sublet […]

Dewey to cut London headcount

Dewey & LeBoeuf has launched a redundancy consultation in London with the aim of reducing its associate headcount by approximately 15. The US firm will cut about 9 per cent of London-based associates and will also shed 13 per cent of support staff in the capital. In an email sent to all London staff chairman […]

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