Latest Briefings

Portugal: Rent updating coefficient to apply in 2022

Under article 24 of Law 6/2006 of 27 February, which approved the New Urban Renting Rules, and article 11(5) of Decree-Law 294/2009 of 13 October, which approved the New Rural Renting Rules, the National Statistics Institute is responsible for calculating the annual rent update coefficient applicable to urban and rural leases. This coefficient must then be published in a notice appearing in the official gazette, Diário da República, no later than 30 October of each year.

How will costs be treated in a no-fault divorce?

At the end of this month, court fees are increasing. The change is the result of a consultation led by the Ministry of Justice earlier in the year which considered whether court fees should be increased by inflation.

Limited network exemption under PSD2 – EBA consults on Draft Guidelines

In summer 2021 the European Banking Authority published Draft Guidelines on the limited network exemption under the Payment Service Directive 2 for consultation. The Draft Guidelines are meant to foster supervisory convergence amongst the EU’s national competent regulators.

Energy Innovators Roundtable series: Reshaping regulation to recognize the imperative for technological change

Whether they like it or not, energy regulators are the new gatekeepers of the technology shift that is needed to meet Canada’s carbon reduction goals. This will require significant and near-term changes to the construct under which Canada’s utilities have traditionally been regulated. Traditional regulation doesn’t incent utilities to retire technology simply because something better has come along. Should regulation transition from “used and useful” to “better”? Join Gowling WLG for the first 2021 roundtable in the Energy Innovators Roundtable series.

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Roundtable: It’s time to invest in a better BD strategy

At some point, the eyes of one participant catch the details in the room of another attendee. “That’s a really nice background,” she says. It is a frequent comment during a call full of marketing heads. Stuck at home for over a year, they have become acute observes of catchy details and innovations. With live […]

Allen & Overy

A&O unveils 30-strong round of partner promos

Allen & Overy has made up 30 partners in its latest round of promotions, including 10 in London. The promotions represent 16 offices across the firm’s global network, with the City taking a third of the spots. Last year 10 City partners were also promoted in London, while 14 made the cut in 2018. The […]

Vinson & Elkins boosts pay for London NQs

Vinson & Elkins has followed in the footsteps of its US rivals by raising its pay level for British newly qualified (NQ) solicitors. The firm has increased NQ pay from £147,500 to £153,400. Five of the firm’s six qualifiers this autumn will stay on to take advantage of the new rates, which come into effect […]

Clydes profits climb 7 per cent in year of steady growth

Clyde & Co’s global turnover increased to nearly £640m over 2020/21, while profits rebounded after dipping the previous financial year. Revenue was up two per cent from £627m to £639.6m, marking the firm’s 23rd consecutive year of growth. Growth is slightly muted compared to the 2019/20 financial year, when turnover increased by three per cent. […]

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