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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Shepherd + Wedderburn – UK 100

Turnover: £29m Profit per equity partner: £205,000 Equity spread: £130,000-£280,000 Net profit: £8.6m Profit margin: 30 per cent Salaried partner remuneration: The firm has no salaried partners. London fixed-share partners earn an average of £120,000, while Scottish fixed-share partners average between £80,000 and £120,000. Revenue per lawyer: £271,000 Revenue per partner: £580,000 Revenue per equity […]

Watson Farley & Williams – UK 100

Turnover: £45m Profit per equity partner: £358,000 Equity spread: £150,000-£620,000 Net profit: £17m Profit margin: 38 per cent Salaried partner remuneration: Individual packages. Revenue per lawyer: £283,000 Revenue per partner: £714,000 Revenue per equity partner: £882,000 Cost per lawyer: £176,000 Profit per lawyer: £107,000 No of partners: 63 No of equity partners: 51 No of […]

Cobbetts bolsters German team

Cobbetts has added to its commercial team with the lateral hire of a partner from German firm Busse & Miessen. Jan Becher will bolster Cobbetts’ German team, which operates across the firm’s three offices in Manchester, Birmingham and Leeds. He becomes Cobbetts’ 11th commercial partner and will be based in Birmingham. Becher has worked with […]

Potter made High Court Family Division president

Lord Justice Potter has been appointed as the new president of the High Court’s Family Division. He will replace the popular Dame Elizabeth Butler-Sloss in April. The position of deputy head of family justice and international family justice has gone to Lord Justice Thorpe. Lord Falconer, the Lord Chancellor, said the range of issues now […]

Arnold & Porter – UK 100

UK/Global turnover: £12.9m/£271m UK/global PEP: £375,000/£496,000 UK/global revenue per lawyer: £403,000/£405,000 UK revenue per partner/equity partner: £1m/£1m Global revenue per equity partner: £1.1m UK/global number of partners: 12/240 UK/global number of lawyers: 32/669 UK number of staff: 30 UK/global leverage ratio: 1:1.6/1:1.7 UK equity partner to staff ratio: 1:2.5 Equity structure: Modified lockstep. Begins at […]

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