Manches

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Latest Briefings

Significant Beneficial Ownership: MCA Releases Amended Rules

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules, 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners), 2018 (Old SBO Rules). The New SBO Rules have once again kick-started the process of requiring significant beneficial owners to start the reporting procedures. […]

Bermuda’s beneficial ownership registers and privacy: status update and further observations

Bermuda companies, limited liability companies and partnerships have until 30 April 2019 to update or verify beneficial ownership information under Bermuda’s ‘beneficial ownership legislation’. Bermuda’s central register of beneficial ownership information is held on the Bermuda Monetary Authority’s (BMA) “Integra portal”, a secure online registration and filing system. Currently, under Bermuda law, the information on […]

Trusts vs. Foundations: What are the deciding factors?

Trusts have been around for a long time. Their use in the context of succession and wealth planning as well as philanthropy is well established. Foundations, on the other hand, are relatively new (certainly to common law jurisdictions such as Jersey) and as a result there are fewer of them. However, they are being increasingly […]

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Wall St woes: Weil at heart

In a week of uncertainty, the only sure thing was that Weil Gotshal & Manges bankruptcy star Harvey Miller would get a call from longstanding client Lehman Brothers. A 30-year long relationship with Weil made the US firm a logical choice for Lehman when the decision to file for bankruptcy was taken over the weekend. […]

Harrowell Shaftoe

Position: 191=Firm: Harrowells Turnover: £7.2mRevenue per fee-earner: £92KRevenue per lawyer: £160KRevenue per partner: £288KTotal number of fee-earners: 78Total number of qualified partners: 45Total number of partners: 25Total number of female partners: 0Total number of staff: 170

Wedlake Bell

UK 200 Position: 94 UK 200… Position: 92 Firm: Wedlake Bell Turnover: £22.3mProfit per equity partner: £235KEarnings per partner: £165KEquity spread: £190K-£280KNet profit: £3.9mProfit margin: 17 per centRevenue per fee-earner: £203KRevenue per lawyer: £262KRevenue per partner: £558KRevenue per equity partner: £1.31mTotal number of fee-earners: 110Total number of qualified partners: 85Total number of partners: 40Total number […]

Focus: Ladies in waiting

The Lawyer UK 200 Annual Report 2008 shows that women are increasingly making partner – but what about the equity? Female equity partners in the West End are few and far between. In the top 100 law firms listed in the The Lawyer UK 200, there are only 10 women partners with equity in the […]

Michelmores

UK 200 Position: 131= Turno… Position: 118Firm: Michelmores Turnover: £16.9mRevenue per fee-earner: £128KRevenue per lawyer: £171KRevenue per partner: £512KTotal number of fee-earners: 132Total number of qualified partners: 99Total number of partners: 33Total number of female partners: 5Total number of staff: 258 Web: www.michelmores.com Telephone: 01392 688 688 Fax: 01392 360 563 No. of Trainees: 12 […]

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