Expansion costs to top £326m as City firms boost headcounts

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Latest Briefings

SEBI introduces exemptions for companies undergoing insolvency

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

Case Study: Appleby Hope & Matthews improve productivity with ALB

By Norman Turvey Appleby Hope & Matthews had been AlphaLaw users for many years, and had reached the limits of being able to take the software any further. In order to maximise efficiencies and ensure their software would be able to meet their needs in the future, the decision was taken to review their current system […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Richards Butler lands first Microsoft acquisition remit on Lionhead deal

Richards Butler has scooped the lead advisory role for Microsoft Game Studios on its takeover of UK company Lionhead Studios. It is the first time the firm has acted for Microsoft on an acquisition. Corporate partner David Boutcher and associate Mike Young led the firm’s team on the complex deal, which required a split offering […]

XXIV enjoys 16 per cent turnover hike

Chancery set XXIV Old Buildings is celebrating a 23 per cent rise in revenue per barrister, posting an average income of £434,000 for each of its 29 members. The set saw turnover rise by 16 per cent to £12.6m in 2005-06. But the loss of Roger Kaye QC to the Chancery and Mercantile Court in […]

Herbies bags lead role for Yell on TPI deal

Herbert Smith has advised longstanding client Yell on its proposed takeover of Spanish rival Telefonica Publicidad e Informacion (TPI). Earlier this year Spanish telecoms company Telefonica put its 59.9 per cent stake in TPI up for sale through an auction process. It was announced last month (28 April) that Yell had won that process. Yell […]

DWS embarks on mission to bolster depleted partnership

Denton Wilde Sapte is set to rebuild its partnership with 26 promotions after losing almost a fifth of its partners over the past two years. Technology, media & telecoms (TMT), which notoriously lost 11 partners in one fell swoop to DLA Piper Rudnick Gray Cary in 2004, did not make up any lawyers, having promoted three during […]

Revenue per barrister drops at Seven Bedford Row

Civil and criminal set Seven Bedford Row is celebrating a nine per cent income increase – but revenue per barrister has dipped below the £200,000 mark after a hiring spree. The set’s turnover rose to £15.3m in 2006 from £14m last year, but with 77 members including 18 silks, average revenue per barrister dropped to […]

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