Latest Briefings

Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

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Squires cuts salaries as firm responds to Covid-19 pandemic

Squire Patton Boggs has announced temporary salary reductions for associates and support staff, while profit distributions for partners will also be adjusted. The firm has said it is cutting associate salaries by 20 per cent, in accordance with local law requirements. However, its existing bonus programme will not be affected. Global support stuff will also […]

HSF refreshes executive board after CEO election

Herbert Smith Freehills’ new chief executive has announced a restructure of the firm’s leadership, with new appointments in the firm’s disputes group and wider EMEA region. The firm’s executive committee has been reshuffled, following the election of Justin D’Agostino, who took over from Mark Rigotti. They will take charge of the firm’s key strategic decisions, […]

Penningtons Manches in talks to boost borrowing amid pandemic

In an attempt to stand up to the economic ramifications of the coronavirus pandemic, Penningtons Manches Cooper is looking to extend its external credit facilities. A decision has officially been taken by the firm in regard to raising more capital, although The Lawyer understands it is still only in negotiations with its primary lender. The […]

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