HR survey: Herbert Smith

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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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A&O nets £10m fees from Drax

Allen & Overy (A&O) has billed in excess of £10m for last year’s rescue of Drax Holdings, reaping nearly 80 per cent of the total over a six-month period. The magic circle firm had around 150 lawyers acting for the senior lenders on the reorganisation of the owner of Western Europe’s largest coal-fired power station, […]

IBA defines conflicts for arbitrators

The International Bar Association (IBA) this week published its Guidelines on Conflicts of Interest in International Arbitration. Seven general standards are set out in the guidelines, placing responsibility on arbitrators to research and disclose relationships between them or their organisation and any parties to the dispute. Parties to the dispute are also required to disclose […]

Winckworth Sherwood breaks off healthcare unit

Westminster law firm and parliamentary agent Winckworth Sherwood is splitting off its healthcare group, as the head of the practice leaves to set up a new outfit. The firm decided to close down healthcare in order to concentrate on its core clients. Simon Eastwood head of the group at Winckworth Sherwood, is establishing his own […]

Parlour case results in victory for Clintons

Clintons scored a high-profile success last week after the Court of Appeal ruled in favour of its client Karen Parlour in her divorce claim against her ex-husband Ray Parlour. The court ruled that the Arsenal footballer must pay Karen Parlour a third of his future income in a landmark ruling that will change the face […]

Mid-sized firms take the City by storm as magic circle stumbles

– Magic circle records average profit drop of 10 per cent; – DLA overtakes Slaughters and Herbert Smith to eighth place; – Shoosmiths, BLP, Osborne Clarke post biggest profit rises Provisional figures for 2003-04 confirm that the magic circle suffered significant turnover and profit reductions last year, whereas many mid-market players rebounded. Profits and turnover […]

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