Latest Briefings

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

FCA consults on new consumer duty in retail financial markets

Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Workplace testing and vaccinations: What employers need to know

Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?

Recommended

Stewarts expands media team with in-house hire from Which?

In a bid to make further inroads into the UK’s burgeoning media litigation market, Stewarts Law has hired from the in-house team of consumer group Which? Emily Cox, the former head of media law at the group, follows in the footsteps of Ryan Dunleavy, who previously joined DMG Media back in January 2019, with the […]

london city

Almost 30 chambers appointed to £55m City of London panel

A host of barristers’ chambers have been appointed to the City of London panel, including Cornerstone, Doughty Street and Garden Court. A total of 47 contracts have been awarded across eight areas, including planning, property, criminal and civil litigation– totalling £55m. Six contracts have been awarded to Cornerstone, with the public law set being appointed […]

RBS

RBS seeks new partners as it launches 2021 panel review

The Royal Bank of Scotland (RBS) has kicked off its nearly year-long panel review process, as it looks to renew its roster of legal advisers. The Lawyer understands that the bank is in the early stages of drawing up its request for proposal (RFP) documents that it will send out to firms soon. Last year, […]

dollars

Shearman & Sterling continues push towards $1bn global revenue

Shearman & Sterling’s revenue reached $968m in 2019 as the firm continues its laboured rise towards $1bn. Last year’s turnover represents a 1.3 per cent increase on its 2018 revenue, when Shearman’s global results showed 5 per cent growth to $955.5m. Meanwhile, the firm’s average profit per equity partner (PEP) was $2.5m, a modest rise […]

Thyssenkrupp

Kirkland and Linklaters act on €17bn sale of Thyssenkrupp’s elevator business

Kirkland & Ellis and Linklaters have landed the lead roles on what is regarded as the largest buyout transaction done in Europe since the financial crisis. The US firm led for the consortium of private equity houses Advent International, Cinven and the Abu Dhabi Investment Authority, which paid €17.2bn for Thyssenkrupp’s elevator business. This consortium […]

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