DLA Piper launches Facebook for trainees

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Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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Simpson Thacher’s client care lesson: dedication, that’s what you need

There’s more to Simpson Thacher than just KKR and Blackstone – but not much The name Simpson Thacher & Bartlett is synonymous with two private equity giants: Kohlberg Kravis Roberts (KKR) and Blackstone Group. And perhaps the most astonishing thing is how Simpson Thacher has managed to keep these two happy at the same time. […]

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Tulkinghorn is this week swapping his quill for a bow and arrow. Of course Tulkinghorn has no violent intentions. On the contrary, he is playing Cupid. In last week’s issue Pilsbury chairman Jim Rishwain was urged to abstain from the petulant tendencies of his doppelgänger Larry David. This week Tulkinghorn has found the perfect companion. […]

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Even lawyers have to face up to it: gaining and retaining clients is no longer something purely done by the business development people within your firms. Even lawyers have to face up to it: gaining and retaining clients is no longer something purely done by the business development people within your firms. Lawyers increasingly need […]

UK law firms emerge as private equity frontrunners with £1.2bn fee windfall

UK law firms made an estimated £1.2bn from the private equity sector last year, according to new figures released by the British Private Equity and Venture Capital Association (BVCA). A number of high-profile takeovers were completed in 2007, including the Kohlberg Kravis Roberts-backed management buyout of Alliance Boots – the first time a FTSE100 company […]

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