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Latest Briefings

SEBI introduces exemptions for companies undergoing insolvency

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

Case Study: Appleby Hope & Matthews improve productivity with ALB

By Norman Turvey Appleby Hope & Matthews had been AlphaLaw users for many years, and had reached the limits of being able to take the software any further. In order to maximise efficiencies and ensure their software would be able to meet their needs in the future, the decision was taken to review their current system […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

Recommended

Crunch widens law firm gap

What an astonishing month it’s been. What an astonishing month it’s been. For most law firms these convulsions of capitalism have resulted in redundancy programmes, questions over the safety of money in client accounts, the realisation that the January partnership tax bill is alarmingly close, and, as we report this week, worries over property exposure […]

Reed Smith Brum soloists aim for rapid expansion

Reed Smith Brum soloists aim for rapid expansion” />The managing partner of Reed Smith’s Birmingham office, which is set to split from the firm in ­January next year, has set his sights on achieving rapid expansion. The nine-partner office will operate as a separate firm under the name Hill Hofstetter and will be ­headed by […]

Separated at birth

Famed for his England strike partnership with Alan Shearer, footballer Teddy Sheringham has made an unconventional move into the legal industry. Footballers generally open pubs once they retire from the beautiful game, but Sheringham, in the guise of Walkers marketing man David Byrne, has opted for a new challenge.

TLT Solicitors

UK 200 Position: 68 UK … Position: 67 Firm: TLT Solicitors Turnover: £41mProfit per equity partner: £268KEarnings per partner: £144KEquity spread: £135K-£310KNet profit: £5.4mProfit margin: 13 per centRevenue per fee-earner: £93KRevenue per lawyer: £234KRevenue per partner: £569KRevenue per equity partner: £2.05mTotal number of fee-earners: 439Total number of qualified partners: 175Total number of lawyers: 72Total number […]

City firms scramble to offload office space as market drops

City law firms moving to new premises are facing the uncomfortable reality of paying above-market rents on new office buildings while struggling to sublet existing premises. The worst hit will be firms such as Reed Smith, which signed up for 155,000sq ft in Broadgate Tower in January this year, when prices were considerably higher than […]

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