Firms must inform clients of referral fees, says LSB

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Latest Briefings

Slovenia – Cryptocurrency services to prevent money-laundering

By Anže Skodlar Crypto assets and among them cryptocurrencies, which this article focuses on, have proven themselves as an eminent opportunity in many aspects of the new digital economy, giving birth to new innovative enterprises and enabling exchange of value in a decentralized manner. This is also evident in Slovenia, being a well-known hub of successful […]

Establishment of innovation scientific and technological centres in Russia and other incentives for participants

By Yana Dianova Since August 10, 2017, the Federal Law of July 29, 2017 No. 216-FZ has been in effect in Russia, providing for the legal basis for establishment and operation of innovation scientific and technological centres in order to implement the priorities of the scientific and technological development of the Russian Federation, increase the investment […]

Russia signs application of special economic measures due to unfriendly actions of Ukraine

By Yana Dianova On 22 October 2018, the President of the Russian Federation signed Decree No. 592 “On the application of special economic measures in connection with the unfriendly actions of Ukraine in relation to citizens and legal entities of the Russian Federation”, according to which the federal government bodies, local authorities, organizations and individuals under […]

Can your workplace deal with sexual harassment allegations?

By Paula Rome Although harassment is firmly front and centre in the media it would appear in a large number of workplaces there has been little practical impact. If we now have a newly empowered workforce who are willing to raise issues and employers are not dealing having to deal with issues then some employers […]

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21

Halliwells’ client money fiasco haunts new owners

SRA warns BLG, Gateley and Hill Dickinson of £500k liability The Solicitors Regulation Authority (SRA) has sent a warning to the firms that acquired Halliwells, informing them that they could be liable for the client money shortfalls from the failed firm. The watchdog has ­written to Barlow Lyde & Gilbert (BLG), Gateley and Hill Dickinson, […]

Irregular…but not uncommon

A former Ince & Co partner is under investigation by Scotland Yard after allegedly deciding that the best place for £3m of client money was his own bank account (see story). The firm suspended energy chief Andrew Iyer last July over what it called “irregular financial behaviour” (see story). Given the news that has come […]

Rob Day
2

SJ Berwin jubilant as PEP skyrockets by 40 per cent

SJ Berwin has shown a strong recovery following its aborted merger with Proskauer Rose, posting a 5 per cent increase in income and a 40 per cent rise in average profit per equity partner (PEP). Revenue jumped from £171m in 2009-10 to £179m in 2010-11, while PEP saw an increase from £447,000 to £626,000. The […]

Cecil Quillen

Davis Polk and Links win lead roles on Rio Tinto bond issue

Davis Polk & Wardwell has advised a group of major securities companies on an SEC-registered offering of $2bn of notes by Rio Tinto Finance (USA). The US firm advised JPMorgan Securities, Deutsche Bank Securities, RBS Securities, Morgan Stanley, RBC Capital Markets and SG Americas Securities as joint bookrunners and representatives of the underwriters on the […]

Herbies’ Seine of the times

Even by Parisian standards, the latest departures from Herbert Smith, with three litigators upping sticks for Allen & Overy (A&O), are eye-catching. On the face of it, this is the latest symptom of an extraordinary recruitment churn at senior levels in France, which we explored earlier this year (The Lawyer, 11 April). However, it hints […]

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