Hot 100 career quiz: Natasha Rees
Forsters partner Natasha Rees featured in The Lawyer Hot 100 for her role on one of the year’s most high-profile trials.
ENRC claims labelled “embarrassing” in Dechert defence filing
As one of the decade’s most anticipated cases over legal privilege kicks off, Dechert has labelled claims against the firm, partner Neil Gerrard and the Serious Fraud Office (SFO) by the Eurasian Natural Resources Corporation (ENRC) as “embarrassing” and denied multiple allegations of wrongdoing. Documents seen by The Lawyer show that Dechert’s lawyers – thought to be Clyde […]
Shoosmiths posts 22 per cent jump in profit
Shoosmiths has posted a 22 per cent rise in net profit for the 2017/18 financial year, while turnover shot up 10 per cent from £116.7m to £128.5m. The firm’s net profit reached £35.8m, rising from £29.4m in the previous financial year. Shoosmiths’ average profit per equity partner (PEP) also hit a record high of £434,000 […]
Slater & Gordon hit with £80,000 fine over Quindell file breaches
The Solicitors Regulation Authority (SRA) has imposed a fine of £80,000 on Slater & Gordon and the former Quindell business in the latest development to their doomed deal. The Quindell legal business, which is now known as Slater Gordon Solutions, has been ordered to pay a penalty of £40,000 along with Slater & Gordon UK. The pair […]
Head of Ogier’s German desk appointed counsel
Principal changes in the revised AIC Code of Corporate Governance are relevant for boards of directors of Guernsey and Jersey companies
By Oliver Quarmby, Alexandra O’Grady The AIC Code is a framework of best practice in respect of the governance of investment companies published by the Association of Investment Companies (AIC). Founded in 1932, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, real estate investment trusts and venture […]
Luxembourg financial sector launches online portal for Brexit notifications
By Rebecca Mace-Balebs On 2 August 2019, the Luxembourg Supervisory Authority of the Financial Sector (CSSF) published press release 19/41 in respect of the opening of its online portal, eDesk, for the purpose of mandatory notifications in the context of Brexit. In its previous press releases (19/33 and 19/34), the CSSF announced that: firms licensed […]
I am worried that a trustee has mismanaged my trust fund. What can I do?
By Oliver Passmore Trustees are appointed to safeguard funds in a trust, and are duty-bound to act in the best interests of the beneficiaries. While most trustees will carry out their duties conscientiously, occasionally there is mismanagement. There are a number of ways in which a trustee can mismanage a trust fund. This can include: […]
Luxembourg’s EU Anti-Tax Avoidance Directive 2
By William Jean-Baptiste, Eléonore Galleron On 8 August 2019, the Luxembourg Government submitted a draft law to the Parliament (the Draft Law) to implement the Council Directive (EU) 2017/952 of 29 May 2017 (ATAD 2 or the Directive) into Luxembourg domestic law. As a reminder, ATAD 2 constitutes an update of the Council Directive (EU) 2016/1164 of 12 July […]
Myth busting Jersey trusts and foundations
By Josephine Howe Some may think trusts and foundations are only used by very wealthy people or families, or that by putting assets into a trust or foundation in international finance centres (IFCs) like Jersey, then they are avoiding tax. Some claim offshore trusts and foundations are secretive, and they are used for criminal activity; […]
Hot 100 career quiz: Natasha Rees
Forsters partner Natasha Rees featured in The Lawyer Hot 100 for her role on one of the year’s most high-profile trials.
ENRC claims labelled “embarrassing” in Dechert defence filing
As one of the decade’s most anticipated cases over legal privilege kicks off, Dechert has labelled claims against the firm, partner Neil Gerrard and the Serious Fraud Office (SFO) by the Eurasian Natural Resources Corporation (ENRC) as “embarrassing” and denied multiple allegations of wrongdoing. Documents seen by The Lawyer show that Dechert’s lawyers – thought to be Clyde […]
Shoosmiths posts 22 per cent jump in profit
Shoosmiths has posted a 22 per cent rise in net profit for the 2017/18 financial year, while turnover shot up 10 per cent from £116.7m to £128.5m. The firm’s net profit reached £35.8m, rising from £29.4m in the previous financial year. Shoosmiths’ average profit per equity partner (PEP) also hit a record high of £434,000 […]
Slater & Gordon hit with £80,000 fine over Quindell file breaches
The Solicitors Regulation Authority (SRA) has imposed a fine of £80,000 on Slater & Gordon and the former Quindell business in the latest development to their doomed deal. The Quindell legal business, which is now known as Slater Gordon Solutions, has been ordered to pay a penalty of £40,000 along with Slater & Gordon UK. The pair […]
2018/19 financial results live blog: the latest news
UK-headquartered firms have been piling in to release their 2018/19 financial results. Which firms have reported so far?
Recruit legal talent
Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.
Find out more
Kirkland’s former London head James Learner to retire
The former head of Kirkland & Ellis’s London office is due to retire at the end of 2018. James Learner has been at the US firm since 1987, starting out in Chicago, and in London since 2000. Besides being a corporate private equity partner, he also served on Kirkland’s 15-member global management committee. He left […]
A&O, Stephenson Harwood and Cleary Gottlieb lead on takeover of easyHotel
Allen & Overy, Stephenson Harwood and Cleary Gottlieb Steen & Hamilton are acting on the £139m takeover offer of easyHotel, following a wrangle which has been won by two property funds. Canadian investment fund Ivanhoé Cambridge and Luxembourg-based property fund manager ICAMAP Investments, working under the banner of Citrus UK, have bid for budget hotel […]
US and European firms lead on Bayer’s latest billion-dollar disposal
Paul Weiss Rifkind Wharton & Garrison has teamed up with German firm Hengeler Mueller on the sale of Bayer’s animal health business for $7.6bn. The two firms advised the purchaser Elanco Animal Health, which sells products to support farmers and pets alike. The Paul Weiss team was led by partner Tarun Stewart and litigation partner […]
Under pressure Arcadia loses legal chief to media group
Arcadia Group’s Michelle Gammon is to leave the company after 11 years, just months after the retail giant secured a high-profile rescue deal. Gammon will be general counsel for Global’s newly-formed outdoor advertising division, which was created following the acquisition of outdoor media owners Primesight and Outdoor Plus last September and transport advertising business Exterion […]
Dentons dubs Warsaw partner its ‘chief mindfulness officer’
Dentons has appointed a ‘chief mindfulness officer’ for Europe in an attempt to develop its lawyers’ emotional intelligence. Warsaw-based partner Karina Furga-Dabrowska has been handed the role as an acknowledgement of her role in the launch of NextMind, Dentons’ wellbeing programme. Furga-Dabrowska has been with the firm since 2006 and is co-head of its tax advisory […]
Dechert partner accused of threatening aviation entrepreneur in hacking claim
US aviation entrepreneur Farhad Azima has filed a counter-claim against Ras al Khaimah (RAK)’s sovereign investment vehicle RAKIA, alleging that it hacked and published his data on the dark web and that he was threatened by a London-based Dechert partner. The partner in question, Neil Gerrard, has been in the spotlight for his involvement in […]