Latest Briefings

Food & Drink Update – September 2020

Guidance on the latest food and drink rules, including post-furlough planning and workforce measures manufacturers, Brexit and the workforce – how to prepare for upcoming changes, protecting innovation in the food & drink industry, and more.

Coronavirus business interruption test case – judgment in the “insurance case of the century”

Flaux LJ and Butcher J today handed down judgment in the test case brought by the FCA to explore whether hundreds of thousands of businesses can recover under their business interruption policies for losses caused by the pandemic, in the “insurance case of the century” – the only claim heard under the Financial List Test Case Scheme. Many of those businesses will, today, be celebrating a fantastic win for them.

Cayman Islands Update: Economic substance guidance notes V3 issued

On 13 July 2020, the Cayman Islands Department for International Tax Cooperation (the “DITC”) issued version 3.0 of the Guidance on Economic Substance for Geographically Mobile Activities (the “Guidance”) pursuant to the ES Law (as defined below). This replaces the previous version 2.0 of the Guidance issued on 30 April 2019.

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Focus: Shoosmiths deferrals, Mud sticks

When Shoosmiths decided not to pay compensation to trainees for deferring their start dates, it could hardly have imagined the collateral damage it would cause Old fashioned manners, telling it straight and absolutely no stuffiness.” This is the strapline Shoosmiths carefully selected to describe its approach to doing business. You might, therefore, be wondering what […]

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Training vacancies plummet as deferrals rise

Vacancies for training contracts for 2011-12 are set for a dramatic fall as the number of law firms deferring trainee start dates continues to rise. At the time of going to press, almost 40 firms had asked trainees from either their 2009 or 2010 intakes to push back their start dates, including most recently Barlow […]

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SRA gets a roasting as deferrals leave students out in the cold

Stories about law firms asking their future trainees to defer their start dates have dominated The Lawyer’s student website Lawyer2B.com in recent weeks. Barely a week has passed without at least one firm conceding it has asked future trainees to push back their start dates. Among those firms are Clifford Chance, CMS Cameron McKenna, ­Herbert […]

Olga Galazoula, Ashurst

Hot 100 career quiz: Olga Galazoula

Name: Olga Galazoula Firm: Ashurst Position: Partner In Hot 100 for: Work on the high-profile administration of Bell Pottinger. Read her full Hot 100 profile. What’s your most vivid memory from being a trainee? I actually trained in Athens and the most memorable bit about my time there was the sheer variety of work that I […]

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