Latest Briefings

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

Tokenized copyrights: Linking an NFT to a copyright licence

In our last report on the NFT (Non-fungible tokens) self-experiment “Formulating a smart contract and minting an NFT”, we looked at what data is packed in a freshly minted NFT. In principle, it is possible to include an entire data set of an artwork (i.e. in our case the GIF) in an NFT and thus on the blockchain. We also pointed out that in our self-experiment we did not only link to the digital artwork but also attached a limited usage licence to the NFT (in the metadata; because otherwise the buyer of an NFT in general will not own any intellectual property respectively rights of exploitation or use to the artwork connected to the NFT).

Virtual Asset Service Providers become subject to registration requirements and AML/CTF obligations

On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish Law by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (CJA 2021), which amends the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). Please see our recent briefing for analysis of changes introduced by 5AMLD: New Irish Anti-Money Laundering Rules.

Child maintenance: traps for the unwary

For parents, the child maintenance system can seem a vast and complicated system of ropes and pulleys for something they expect should be straightforward.

Recommended

Taylor Wessing chief wins second term at the helm

Taylor Wessing‘s managing partner Shane Gleghorn has secured another term as the firm’s leader. Former co-head of international litigation Shane Gleghorn will lead Taylor Wessing for a further three years. He was first elected to the role in 2018. Gleghorn was part of The Lawyer’s Hot 100 2021 for steering the firm’s life sciences, IP […]

Linklaters

Linklaters’ GC steps down after almost two decades

The general counsel of Linklaters is stepping down after 17 years, becoming the latest in-house veteran of the magic circle to leave the position this year. Raymond Cohen was one of the first general counsel to be appointed in City law firms. He was previously a partner in the financial services offering at the firm […]

Headhunter v law firm: let the court battle commence

Fox Rodney is suing Cadwalader, Wickersham & Taft in Central London Country Court, as it seeks to claw back lost fees from a partner hire. DWF has been instructed by the legal recruiter, with court documents obtained by The Lawyer revealing that Fox Rodney is seeking 33.3 per cent of the relevant partner’s remuneration. However, […]

Funding

Augusta bags £250m in latest funding round

Augusta Ventures’ war chest has almost doubled after concluding a round of funding worth £250m. This latest capital raising, which is Augusta’s biggest so far, means the funder now boasts a pot of assets worth £585m to meet increased levels of demand. Augusta’s co-founder and managing director Robert Hanna told The Lawyer that the funder’s […]

Webinar: “People First, Then Lawyers” – Bringing the O Shaped Lawyer to Life

This free to watch webinar was part of the virtual General Counsel Strategy Summit that took place on 11th – 13th May 2021. If you’d like to watch the recording of this presentation, please complete the form below.   The O Shaped Lawyer Programme exists to make the legal profession better – for those who work in it, for those who use it, and for those entering it.  We are advocating for a transformational change to the skills and culture of the legal profession from legal education right through to leadership, putting people front and centre of our vision for change.  It’s an ambitious vision, but one that has been making waves across the industry over the last 2 years. In this session Dan Kayne, Founder of the O Shaped Lawyer Programme, will be joined by John Skelton (GC Shared Services and Group DPO at Centrica) and Sarah Millington (Divisional Legal Director at Capita) to share the progress of the programme, their experience of the O Shaped Lawyer pilots and to discuss the future of the O Shaped Lawyer.

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