10 Dec 2012

Review of the year 2012

Review of the year

Career development and workplace issues have long been the centrepiece of The Lawyer’s reporting. In 2012 we continued to take the pulse of the market with a series of surveys, from newly qualifi eds retention rates to partnership promotions. There was gloomier news on redundancies, while the collapse of Dewey spawned team moves to a […]

Nigel Knowles

Golden years?

As long-serving boss calls it a day at soaraway Clydes, does stability equal success? News that Clyde & Co senior partner Michael Payton had decided to stand down next year signalled the end of an era. Payton has been at the helm of the firm as senior partner for 28 years – since 1984. To […]

Catrin Griffiths

Did the ground shift for you too?

What a year. 2012 was the moment when so many predictions started to be realised. Just consider the following: What a year. 2012 was the moment when so many predictions started to be realised. Just consider the following: That much-forecasted wave of consolidation actually began. This calendar year there were at least 14 mergers or […]

Sara George

STRs need handling with care

Firms under pressure from the FSA to report suspicious transactions need to consider the issue of loss liability A recent Freedom of Information Act (FIA) request has shown an increasing number of suspicious transaction reports (STRs) being submitted to the Financial Services Authority (FSA), despite a decrease in corporate activity since the financial crisis. It […]

high street shopping

High noon on the high street

Cheap and cheerful brands threaten hourly billing model Former Clyde & Co COO David Jabbari may claim there is no direct market rival to his new firm Pannone’s referral network Connect2Law, but as his role is to build that network of 2,600 member firms into the UK’s leading legal brand he must surely take into […]


In top gear on the PPP highway

Infrastructure finance rejig can revive market and change the way public and private sectors interact The Government’s PF2 announcement – part of the Chancellor’s autumn statement last week – heralds some of the most significant reforms we have seen since the introduction of standardisation. If implemented sensibly they could revitalise a market looking for a […]


Transfer price is still not right

Lack of consistent application of transfer pricing rules makes this an area ripe for international litigation The cost of inter-company supply of goods, provision of services or transfer of intangibles among associated enterprises resident in different countries can dramatically influence the tax burden of a company and the amount of taxes collected by the countries […]

Chris Freeland

Australia’s diversity challenge

Recognising that Asia doesn’t end at China and appreciating the different cultures is key to Australian progress The Commonwealth government’s recent Australia in the Asian Century White Paper takes a commendably broad approach to the challenges and opportunities for Australia ensuing from Asia’s rise. Two aspects are particularly welcome. First, it makes clear that Asia […]

Gearing up

Civil unrest is holding Bahrain back but lawyers believe that slow transactional work is down to more than the political situation In brief Bahrain’s lawyers are set to play a key role in the country’s development. However, the civil unrest that has been going on for two years now means transactional business is slow while […]


The perfect storm

New regulations, technology, competitors and customer expectations are forcing law firms to adapt to change, say the industry’s leading lights In association with Thomson Reuters The Lawyer and Thomson Reuters arranged a roundtable discussion chaired by William Robins, a corporate partner and chief operating officer at Keystone Law, to discuss business process management (BPM), business […]

Job Watch: Tax

While the amount that tax corporates are paying in the UK may be dominating the headlines at the moment, what is the outlook like for lawyers working in the tax sector? “Although in mainstream corporate tax and tax litigation most teams are authorised to hire associates, if it’s to replace an employee it’s in private […]

Richard Wilmot

Moves: 10 December 2012

Move of the Week Watson Farley & Williams has appointed Richard Wilmot as a partner in its Hong Kong office. The firm opened in Hong Kong earlier this year and Wilmot brings expertise in advising and representing banks, buyers, and trading companies on commodities and regulatory matters. The former Holman Fenwick Willan Hong Kong partner […]

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