ASB Law – UK 100

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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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Wiggin signs up Addleshaws media lawyer

Up and coming music lawyer Alexander Ross has quit Addleshaw Goddard for niche media and entertainment firm Wiggin & Co due to a lack of focus on the media group. Ross was a senior associate at Theodore Goddard and then Addleshaws but has become disillusioned since the merger of the two firms. “When the merger […]

Richards Butler – UK 100

Turnover: £87m Profit per equity partner: £415,000 Equity spread: £180,000-£1,000,000 Net profit: £24m Profit margin: 28 per cent Salaried partner remuneration: £75,000-£180,000 Revenue per lawyer: £270,000 Revenue per partner: £806,000 Revenue per equity partner: £1,582,000 Cost per lawyer: £196,000 Profit per lawyer: £75,000 No of partners: 108 No of equity partners: 55 No of female […]

Landmark Chambers – UK 100

Turnover: £14.2m Head of chambers: Patrick Clarkson QC Total tenants (silks): 61 (17) Door tenants: Seven Chambers contributions: 20 per cent Revenue per barrister: £245,000 Top cases last year: Shellhaven Container Port Inquiry; London Bridge Tower (‘Shards of Glass’); Olympic bid site; Arsenal Stadium compulsory purchase order; the Hutton Inquiry. No of appearances in House […]

Lewis Silkin – UK 100

Turnover: £19.1m Profit per equity partner: £222,000 Equity spread: £147,000-£270,000 Net profit: £6.5m Profit margin: 34 per cent Salaried partner remuneration: £106,000 Revenue per lawyer: £210,000 Revenue per partner: £478,000 Revenue per equity partner: £955,000 Cost per lawyer: £138,000 Profit per lawyer: £71,000 No of partners: 40 No of equity partners: 20 No of female […]

Fladgate Fielder – UK 100

Turnover: £20.3m Profit per equity partner: £393,000 Equity spread: £195,000-£635,000 Net profit: £5.1m Profit margin: 25 per cent Salaried partner remuneration: Fixed-share partner average £150,000, salaried partner average £90,000. Revenue per lawyer: £312,000 Revenue per partner: £615,000 Revenue per equity partner: £1,562,000 Cost per lawyer: £234,000 Profit per lawyer: £78,000 No of partners: 33 No […]

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