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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liverpool street london

Morgan Lewis finance partner resurfaces at Cadwalader

A Morgan Lewis & Bockius partner has left the firm and taken on a new role at Cadwalader Wickersham & Taft. Finance lawyer Matthew Duncan has made the move to Cadwalader’s London office. His practice focuses on banking, capital markets, and derivative matters; advising banks and fintechs. He spent nearly five years at Morgan Lewis. […]

Matthew Layton Clifford Chance

Clifford Chance fends off virus threat with 6 per cent revenue surge

Clifford Chance‘s revenue rose by six per cent to £1.8bn over 2019/20, the highest increase recorded among the magic circle so far. The firm’s revenue grew from the previous year’s £1.69bn. All financial metrics saw a similar spike. Profit per equity partner (PEP) rose to £1.69m from £1.62m, while profitability increased by five per cent […]

Freshfields Bruckhaus Deringer

Freshfields’ PEP growth stalls as turnover nudges up to £1.5bn

Freshfields Bruckhaus Deringer‘s revenue crept up 3 per cent over 2019/20, as it became the last magic circle firm to announce its financial results for the past year. While the firm’s turnover has now reached £1.52bn, its net profit has, however, dipped to £685m from £688m. Average profit per equity partner (PEP) stood flat at […]

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