Latest Briefings

Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

Q&A: Supply of goods to Saudi Arabia and GCC preferential tax treatment

Are you considering supplying goods from the Gulf Cooperation Council (GCC) to the Kingdom of Saudi Arabia? If the answer is yes, then this is a must-read to check if you qualify for GCC preferential tax treatment (including custom duty exemption), and the commercial implications you need to consider if you don’t.

Recommended

Margaret Robertson Withers

Withers’ PEP soars after years of international expansion

Withers’ average profit per equity partner has soared by nearly 40 per cent, with the firm attributing the rise to the last few years of international expansion finally bearing fruit. Its PEP figure has risen from £359,000 to £501,000, after falling nearly 11 per cent over 2018/19. The drop meant it has taken the firm […]

Mayfair

CMS calls time on Mayfair office after five years

CMS Cameron McKenna Nabarro Olswang has closed its funds-focused Mayfair outpost, the second City firm this year to shut secondary premises in the elegant London neighbourhood. It has emerged that the firm’s lease came to an end in December and CMS decided not to renew the contract. The satellite office, a much smaller space as […]

Lee Ranson

Eversheds’ PEP nudges up 2 per cent to £902,000

Eversheds Sutherland’s turnover for offices outside the US rose by 8 per cent over 2019/20 to just under £600m. The firm’s revenue increased from £548.8m to £592m. Average profit per equity partner too saw an uplift, although growth was slower. PEP nudged up 2 per cent from £886,000 to £902,000. The firm’s profits grew to […]

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