Dickson Minto’s nervous wait for £1m success fee

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Latest Briefings

Jersey: The Trusts Law 2018 – An insight

By Siobhan Riley, Andreas Kistler The Trusts (Amendment No. 7) (Jersey) Law 2018 (the Amendment Law), which came into force on 8 June 2018, reÊnes and further enhances Jersey’s trusts legislation, the Trusts (Jersey) Law 1984 (the Law). Since its introduction in 1984, the Law has been amended and updated periodically, the last changes having been made […]

Trust legislation in Guernsey

By Russell Clark Much of Guernsey’s economic success over the past 50 years or so has been largely due to its adaptability and flexibility to react to changing market situations and conditions. This adaptability is no better illustrated than by the island’s willingness to amend and review legislation to ensure that it retains its position within […]

Jersey lodges the draft Taxation Law 201

Jersey has lodged the draft Taxation (Companies – Economic Substance) (Jersey) Law 201- (the “Law”). The Law, once adopted, is intended to meet the commitment made by Jersey to address certain concerns raised by the EU Code of Conduct Group on Business Taxation (the “Code Group”) in relation to the need for relevant businesses to […]

Bulgaria: Companies required to register their beneficial owners by February 2019

By Gergana Roussinova Companies have until 1 February 2019 to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons (the “Commercial Register“). This obligation comes as a result of the adoption of a new Law on the measures against money laundering in March this year (the “AML Law“). Who is obligated under […]

Importance of prohibition on the collateral use of disclosed documents

By Sonia Tolaney, Sandy Phipps CPR 31.22 provides that disclosed documents may be used only for the purpose of the proceedings in which they were disclosed without the consent of the disclosing party or the Court’s permission. It is well established that this rule, known as the collateral use prohibition, applies both to the disclosed documents themselves […]

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Women: The uncomfortable truth

Not enough women know which paintings adorn the walls of their firm’s boardrooms. That was the conclusion of an international summit and report presented at a Law Society and Interlaw Diversity Forum event last night. Actually, the absence of expensive art in female lawyers’ lives was just one of several colourful lines from Law Society […]

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Half of partners think they’re underpaid, BDO study finds

Almost half of law firm partners think they should be paid more than they are currently, a survey on partner pay and performance by BDO has found. Among the key findings in the BDO research, which looked at a range of issues including how remuneration and bonuses are divided up and whether firms’ rewards mechanisms […]

Mark Brandon
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Word for 2013: Empathy

Empathy is severely lacking in law firm recruitment, says Motive Legal’s Mark Brandon, who has come across partners who take three months to make a decision – and even those who go as far as to blank their HR manager Having just observed the grotesque failure of yet another senior recruitment process – happily these […]

Canada

Due South

A resource-rich home territory remains the focus for Canadian firms but growing client globalisation is pulling them to Latin America and Africa Canadian firms, as with most around the world, are looking to widen their friendship circle in the fast-growing emerging markets, but movement towards resource-rich countries remains cautious and is unlikely to turn into […]

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Slaughters ditches associate lockstep in favour of merit-based system

Slaughter and May is abandoning its rigid associate lockstep to put more emphasis on performance when determining its most senior legal employees’ pay. The firm will now issue a higher remuneration level to associates with at least four and a half years’ post-qualification experience (PQE) who show outstanding performance as part of a revamped appraisal […]

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