Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

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Dollars

Simpson Thacher tops litigation RPL ranking – but no UK firm makes top 25

Simpson Thacher’s litigation lawyers generated more than $3m each last year, placing the New York firm at the top of the revenue per lawyer (RPL) ranking in the new Global Litigation 50 report, The Lawyer can reveal. Indeed, Simpson Thacher ($3.02m) is the only firm with an RPL figure above $3m. Its closest competitors are […]

Juan Guaidó

Venezuela’s central bank gets appeal go-ahead in battle over gold reserves

The High Court has granted Venezuela permission to appeal a judgment in the South American country’s dispute over whom the UK recognises as its president. The decision comes after Zaiwalla & Co brought legal proceedings on behalf of Nicolás Maduro’s government over reserves held by the Bank of England, represented by Herbert Smith Freehills. The […]

Financials 2019/20: Trowers loses PEP momentum with 12 per cent drop

Trowers & Hamlins average profit per equity partner (PEP) fell 12 per cent over 2019/20 while revenue inched up by 1 per cent. Revenue at the 375-lawyer firm bumped up 1 per cent, from £105.2m to £106.2m, after Trowers hit the £100m mark over 2017/18. Having reached its highest ever PEP figure over 2018/19 – […]

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