Freeth announces 13 per cent revenue rise

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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No limit to LLP wannabes

Yesterday it was the year-end, but today it’s a new beginning. Well, at least it is for a batch of disparate firms that includes Barlow Lyde & Gilbert, Clyde & Co, Coffin Mew & Clover, Dawsons, Linklaters and Lovells. Today (1 May) is the day that these firms begin life as limited-liability partnerships (LLPs). According […]

Clydes follows BLG, Links, Lovells with LLP conversion

Clyde & Co will join the flurry of law firms converting to LLP status tomorrow (1 May), The Lawyer can reveal. The move, which the law firm has been preparing for over the past 12 months, comes after Clydes’ partnership took a formal vote at its partner conference in March. The firm’s chief executive Peter […]

Freshfields ups associate salaries 19 per cent

Freshfields Bruckhaus Deringer is the latest magic circle firm to announce a pay rise for its associates, rushing to the head of the pack of City firms who have already announced salary hikes. The firm has awarded an average 19 per cent rise to associate base salaries. This means a newly qualified (NQ) lawyer’s pay […]

Freshfields closes Singapore with HK transfers

Freshfields Bruckhaus Deringer has finally closed its Singapore office, relocating the last two partners to its Hong Kong operation. As first reported by The Lawyer (25 September 2006), the firm decided to close its Singapore office to focus instead on China. The changes follow the shock departure last week of the firm’s China head to […]

People

•North West firm Scott Rees & Co has appointed Maria Lloyd as a trainee bilingual paralegal. Lloyd was previously a company solicitor and barrister at Weld in Russia and is currently completing a two-year conversion course at BPP Law School in Manchester. •Ashton Graham Solicitors has appointed Linda Osborn as head of its Ipswich residential […]

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