Former Fannie Mae GC joins Paul Weiss

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Latest Briefings

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Location, location, location: the dangers of tracking whereabouts on social media

Snapchat’s map feature has been called “creepy” and “dangerous” by the media since its inception last year. The feature enables users to track their friends’ locations at any time, across the globe. This adds to a myriad of settings on the app which allow users to share their location with others. The very act of […]

‘Valued Landscape’ – not a ‘restrictive policy’

On 9th June the High Court settled this long-running conundrum by sealing a consent order in which the Secretary of State agreed that paragraph 109 of the Framework is not a restrictive policy for the purposes of footnote 9.  This Note explains why…

Netherlands: Working permit no longer required for Croatian nationals

On 8 June the Minister of Social Affairs announced that the Dutch government has decided to not extend the transitional scheme, which is currently in place and requires Croatian nationals to obtain a work permit (tewerkstellingsvergunning)  to work in the Netherlands…

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Cads, Orrick get profit wake-up calls

PEPs take a hit, but revenue picture is mixed. Orrick, Cadwalader PEPs take a hit, but revenue picture is mixed Early indications show that profits at US firms plummeted during the 2008 calendar year, with Orrick Herrington & ;Sutcliffe ;and ;Cadwalader ­Wickersham & Taft both reporting significant drops in average profit per equity partner (PEP). […]

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Lord Hunt seeks inputs on regulation review

Lord Hunt of Wirral has kicked off his wide-ranging review of law firm regulation with a 54-page call for evidence. Hunt, a former Beachcroft senior partner, was appointed by the Law Society last year to lead a nine-month review of how the profession should be governed in future. The call for evidence will close in […]

K&L Gates revenue up more than a quarter

K&L Gates has announced a 27 per cent increase in global revenues for the last financial year. The firm hiked revenue from $755.2m in 2007 up to $959.4m in 2008. Profit per equity partner (PEP) saw a 6.7 per cent increase during the same period, from $800,100 up to $853,900. K&L Gates chairman and managing […]

Mishcons lays off 17 after consultation

West End firm Mishcon de Reya is to cut 17 from its staff base, including two partners, following a redundancy consultation launched last December. The firm confirmed that it was dropping a salaried partner from its real estate practice and one from its corporate practice, both of which have been adversely affected by the credit […]

Masseys founder quits to set up rival

A founding partner of litigation boutique Masseys has broken away to launch a rival firm because of ‘philosophical differences’ over how the firm should grow. Masseys was launched in 2004 by Baker & McKenzie trio Gerald Cooke, Sean Upson and Jane Colston. In 2006 the firm hired Baker & McKenzie lawyer Philip Young to complete […]

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