Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

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39 Essex Street – UK 100

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Mayer Brown Rowe & Maw – UK 100

UK/global turnover: £79m/£496m UK/global PEP: £370,000/£500,000 UK/global revenue per lawyer: £306,000/£397,000 UK revenue per partner/equity partner: £0.8m/£1.3m Global revenue per equity partner: £1.2m UK/global number of partners: 63(98)/426 UK/global number of lawyers: 258/1,249 UK number of staff: 550 UK/global leverage ratio: 1:3/1:1.9 UK equity partner to staff ratio: 1:8.7 Equity structure: Modified lockstep. Lockstep for […]

Davis Polk & Wardwell – UK 100

UK/global turnover: £25.2m/£358m UK/global PEP: £833,000/£1.2m UK/global revenue per lawyer: £616,000/£616,000 UK revenue per partner/equity partner: £2.1m/£2.1m Global revenue per equity partner: £2.5m UK/global number of partners: 12/146 UK/global number of lawyers: 41/581 UK number of staff: 51 UK/global leverage ratio: 1:2.4/1:2.9 UK equity partner to staff ratio: 1:4.2 Equity structure: Lockstep Billable hours targets: […]

Freethcartwright – UK 100

Turnover: £21.6m Profit per equity partner: £146,000 Equity spread: £100,000-£190,000 Net profit: £4.4m Profit margin: 20 per cent Salaried partner remuneration: £50,000-£105,000 Revenue per lawyer: £158,000 Revenue per partner: £386,000 Revenue per equity partner: £720,000 Cost per lawyer: £126,000 Profit per lawyer: £32,000 No of partners: 56 No of equity partners: 30 No of female […]

Richards Butler in US merger bid with NY’s Proskauer Rose

Merger could create £300m-turnover international powerhouse as Proskauer seeks to add London to NY, Paris offerings Richards Butler has entered merger talks with New York firm Proskauer Rose after several years of looking for a US tie-up. The City firm has made transatlantic capability a strategic priority as part of its repositioning as a disputes […]

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