Herbies raises associate salaries 15 per cent

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Latest Briefings

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

Energy Update – August 2018

This energy update includes the following white papers: CMA publishes final report on Heat Networks calling for new regulation The first National Infrastructure Assessment is published recommending growth in Green Energy NAO report on package recycling Update on Electric Vehicles Amendment Regulations 2018 – in force 24 July 2018 The Mayor of London’s Energy Efficiency […]

Will the revised NPPF lead to more affordable housing?

By Katherine Evans On 24 July 2018, the long-awaited revised NPPF was released. The omission of social rented homes from definition of affordable housing in Annex 2 of the draft revised NPPF has been addressed. Starter Homes are now included in the definition but secondary legislation is still required to set out financial eligibility for […]

Luxembourg publishes law on VAT grouping

As foreseen in our previous newsflash, the law on VAT grouping has officially been published, last Friday. The text – which provides for an entry into force on 31 July 2018 – modifies the general VAT Law. It now enables Luxembourg entities sharing financial, economic and organisational links to set up a VAT group, thus allowing them to […]

Reform of the Portuguese pricing and reimbursement system

By Edward J. Dougherty Following a recent reform in 2015, the Portuguese pricing and reimbursement system is sophisticated and comprehensive. Nevertheless, substantial discretion is allowed to the competent national authority, and this is the source of most challenges for innovators…

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Charles Russell boosts private client with promotions

Charles Russell has strengthened its private client practice with a new partner and made two promotions in real estate and corporate and commercial. While many firms have moved away from private client as a practice area, choosing to emphasise other areas such as banking and corporate, Charles Russell has adopted a different stance. Andrew Cameron […]

Harper Macleod announces bumper year

•Scottish firm Harper Macleod has posted a turnover increase of more than 17 per cent, taking total revenue from £10.5m in 2005-06 to £12.2m last year. The average profit at the 39-partner firm has yet to be finalised, but is projected to be in the region of £250,000 off a net profit margin of around […]

Slaughters plays catch-up with new associate salaries

Slaughter and May has finally announced a pay hike for its associates, coming in just behind the majority of the magic circle. The long-anticipated announcement, the firm’s second in six months, sees Slaughters gift its newly qualified associates (NQs) a 5.8 per cent rise, taking base salary to £63,500 from where it stood at £60,000. […]

Another Freshfields partner departs

Freshfields Bruckhaus Deringer has lost a litigation partner in Frankfurt after Gunhild Schäfer was appointed a lawyer at the highest German civil law court. The German secretary of justice, the Bundesjustizministerium, has admitted Schäfer to the small group of lawyers allowed to represent clients at the top level, called the Bundesgerichtshof. The group currently numbers […]

CC scoops three private equity floats in a week

Clifford Chance acted on a trio of private equity exits last week, bringing all three public via flotation on the London Stock Exchange’s (LSE) main market. The first of the IPOs was longstanding Clifford Chance client Xchanging, an international provider of pure play business process outsourcing. Formed by private equity firm General Atlantic in 1999, […]

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