Shearman, Wachtell in Merrill Lynch takeover

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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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Taylor Wessing v Nixon Peabody judgment due

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Olswang slashes benefits firm-wide, including bonus

Olswang has slashed a range of employee benefits including the end-of-year bonus in favour of appreciation such as “good feedback”. Senior partner Mark Devereux said the firm has taken a review of expenditure as a result of the economic downturn, which he said “leaves nobody unaffected.” In the past staff within the five practice groups […]

Shepherd & Wedderburn

UK 200 Position: 67 Position: 65 Firm: Shepherd & Wedderburn Turnover: £42.6mProfit per equity partner: £311KEarnings per partner: £201KEquity spread: £170K-£345KNet profit: £10.8mProfit margin: 25 per centRevenue per fee-earner: £141KRevenue per lawyer: £195KRevenue per partner: £609KRevenue per equity partner: £1.22mTotal number of fee-earners: 302Total number of qualified partners: 219Total number of partners: 70Total number of […]

Brand on the run

Branding poses law firms difficulties. They must strike the balance between something inane but not evil, professional but not boring. Tulkinghorn ­understands that ­Addleshaw Goddard might be having a few problems with that ­balance. One of his moles was curious to hear that the firm wants its external branding to be in tune with whichever […]

Dawsons

UK 200 Position: 156= Turnover:… Position: 161Firm: Dawsons Turnover: £10.9mRevenue per fee-earner: £195KRevenue per lawyer: £260KRevenue per partner: £519KTotal number of fee-earners: 56Total number of qualified partners: 42Total number of partners: 21Total number of female partners: 0Total number of staff: 104

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