HR survey: Beachcroft Wansbroughs

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

Recommended

Careers: in brief

The Chartered Institute of Arbitrators, in association with Mediation and Training Alternatives, has announced the launch of a new mediator training and accreditation programme. The scheme is intended for those aiming to become commercial mediators and those who will represent clients in mediation situations. It will focus on the skills required to successfully manage the […]

HR survey: Cripps Harries Hall

HR headAnnabelle Lawrence. Trainee retention rateAbove 75 per cent. Attrition rate11 per cent. Salary rangeNQ – £30,000 plus bonus. Salaries then range between £30,000 and £50,000, depending on the nature of the work. BonusesPerformance-related annual bonuses available. At assistant level it is based on team billing, then moves to discretionary payments relating to added value. […]

CC West Coast lawyers follow partners to Orrick

Orrick Herrington & Sutcliffe has topped its mass hire of Clifford Chance West Coast partners by taking on the bulk of the firm’s associates and staff. Orrick has recruited 16 associates and another 18 staff who will join the eight partners who left Clifford Chance’s soon to shut San Francisco and Los Angeles offices a […]

Gianni Origoni courts Herbert Smith alliance

Gianni Origoni Grippo & Partners has been touting itself to Herbert Smith following the recent demise of the top Italian firm’s alliance with Linklaters. The European alliance of Herbert Smith, Germany’s Gleiss Lutz and Benelux firm Stibbe does not have an exclusive relationship with any Italian firms. Herbert Smith has close ties with Pavia e […]

Lovells’ MacDonagh to stand down as managing partner one year early

Lovells managing partner Lesley MacDonagh is to hand over the reins a year earlier than planned. The surprise decision was communicated to partners by email last Friday morning (9 July). MacDonagh is regarded as having transformed the firm and was elected unopposed to the managing partner role three times in succession. It comes just 10 […]

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