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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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LSB approves reduction in cost of practising certificate

The Legal Services Board has approved the SRA’ decision to set the annual practising certificate fee at the reduced cost of £428. The move is part of a concerted effort to overhaul how the regulation of the profession is funded. Under the new system the costs of the practising certificate will be met by the […]

Taylor Wessing hikes insurance practice

Taylor Wessing has hired litigation partner Susannah Wakefield from Bermuda firm Attride-Stirling & Woloniecki, where she was a counsel. Wakefield will join the City firm’s insurance and reinsurance group, working initially from Bermuda before relocating to London. She has 12 years’ experience as an insurance litigator working in London, New York and Bermuda, having previously […]

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Charles Russell terminates clin neg

Charles Russell has pulled out of clinical ­negligence work after a series of raids left it bereft of any partners in the ­practice. The firm will also scale down its personal injury (PI) practice, maintaining just one specialist PI lawyer to service its private client base. A firm spokesman ­confirmed: “We’re not going to do clinical negligence anymore.” Penningtons hit the firm for […]

Ian Austin
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Halliwells’ ex-managing partner: ‘I gave my life to that practice’

Exclusive: Ian Austin on Halliwells’ culture, job losses and his own exit Halliwells’ former chief Ian Austin has hit out at critics of his management of the Manchester-based firm, which went into administration last month, arguing that “we all bear responsibility” for the firm’s failure. Speaking exclusively to The Lawyer, the 48-year-old former managing partner […]

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Cloud cuckoo brand

We didn’t expect to write quite this much about one firm, but this week former managing partner Ian Austin has gone on the record about Halliwells’ fate.  There are a lot of geeky questions for accounting specialists to wrestle with, not least the discrepancy in the financial results that were given to the outside […]

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Register now

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