Latest Briefings

Medicinal Cannabis: What the Nation Needs?

David Hardstaff and Ami Amin discuss an in-depth report on policy developments in the UK by the Conservative Drug Policy Reform Group (the CDPRG) In Part A: why is it still so hard for patients to access the drugs they need? On 23 April 2020, the Conservative Drug Policy Reform Group (CDPRG) published Part A […]

Approval of liquidator’s remuneration: a tale of two reporters

A recent Sheriff Court judgment is the latest decision to consider the role and remit of the court reporter in a liquidation which, unusually, involved the court appointing two reporters. In Scotland, the Insolvency (Scotland) (Receivership and Winding Up) Rules 2018 provide that where there is no creditors committee, the remuneration of a liquidator shall […]

Variation to an office lease to allow use as a private members’ club

The Upper Tribunal has allowed a variation to a lease that restricted the use of a property to office use (with minor residential use) so that the tenant could implement a planning permission to convert the property into a private members’ club. Background A user clause in a lease is a restrictive covenant. If the […]

Tax now payable much sooner following a disposal of residential property

From 6 April 2020 significant changes will be made to the deadline for paying capital gains tax (CGT) and filing tax returns in respect of disposals by individuals and trusts of UK residential property. Taxpayers and advisers need to be aware of these changes now. UK property disposals prior to 6 April 2020 Previously, UK […]

Coronavirus job retention scheme: pensions aspects

When considering how to use the coronavirus job retention scheme (CJRS), employers may be wondering what this means for pension contributions and auto-enrolment obligations. This update considers some of the issues. How the CJRS works To access the CJRS an employer will need to designate affected employees as furloughed workers, notify the employees of this […]

Recommended

Rosenblatt – Rising 50 – 2005

Turnover: £8m Revenue per partner: £666,700 Revenue per lawyer: £320,000 Total number of partners: 12 Total number of fee-earners: 30 Total number of fee-earners (excluding consultants, paralegals, trainees etc): 25 Total number of support staff: 23 Office: London Equity structure: Merit Core business: Commercial, corporate, financial services, insolvency, litigation, property Clients: Collins Stewart Tullett, Croydon […]

Herbert Smith – UK 100

Turnover: £243m Profit per equity partner: £700,000 Equity spread: £327,000-£760,000 Net profit: £78m Profit margin: 32 per cent Salaried partner remuneration: £170,000 Revenue per lawyer: £290,000 Revenue per partner: £1,227,000 Revenue per equity partner: £2,189,000 Cost per lawyer: £197,000 Profit per lawyer: £93,000 No of partners: 198 No of equity partners: 111 No of female […]

Simmonds, Tim – Hot 100

While everyone else in the real estate industry has been paying lip service to the proposed property investment funds (PIFs), or real estate investment trusts (Reits) as they are otherwise known, Tim Simmonds has been putting money where his mouth is. Although strictly not a real estate lawyer (Simmonds works in the firm’s company/commercial practice), […]

Elsey, Mark – Hot 100

In recent years, Ashurst’s head of projects Mark Elsey has overseen the growth of the practice into one of the most respected and high-profile projects and PFI teams in the market. And while the group may have built its name advising government bodies on the accommodation and transport PFI megadeals, Ashurst’s PFI group is now […]

Verrill, Louise – Hot 100

In the male-dominated world of insolvency, Louise Verrill achieved something special when she became the first woman, and also the first lawyer, to be voted president of the Insolvency Practitioners Association (IPA), where she was already the first female council member. Verrill’s commitment to the insolvency profession is evidenced by her involvement in a host […]

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