The work-life quiz

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Latest Briefings

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 […]

Carlyle Capital Corporation Limited (in liquidation) and others v William Elias Conway Jr and others

By Simon Davies “However startling the history of [Carlyle Capital Corporation’s] short life appears at first sight, its failure was the result of circumstances beyond the control of any board of directors.  The Lieutenant Bailiff’s view was that the Appellants’ claim depended entirely on hindsight, and we agree with her.” A judgment handed down in April 2019 […]

Open calls for renewable energy sources announced

By Milos Vuckovic, Petar Mitrovic The Croatian Government is preparing open calls for renewable energy sources, based on the new incentive system with market premiums and guaranteed purchase prices. The aim is to have the open calls announced by the end of 2019. Currently, the Government and the Ministry of Environment and Energy are working on several by-laws, […]

Is it possible to force a buyer to pay in advance under the contract?

By Sergey Vakhrushev Usually, under the delivery contract, the parties agree on the terms about an advance payment for goods, such provision is aimed at protecting the supplier’s interests. However, the provision about an advance payment has negative impacts for a supplier. The provision about an advance payment results in uncertainty performed by a transaction, […]

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Debevoise & Plimpton – UK 100

UK/global turnover: £16.5m/£249m UK/global PEP: £475,000/£768,000 UK/global revenue per lawyer: £317,000/£434,000 UK revenue per partner/equity partner: £1.4m/£1.4m Global revenue per equity partner: £2.1m UK/global number of partners: 12/119 UK/global number of lawyers: 52/537 UK number of staff: 64 UK/global leverage ratio: 1:3.3/1:3.5 UK equity partner to staff ratio: 1:5.3 Equity structure: Pure lockstep, taking 15 […]

Weightmans – UK 100

Turnover: £41m Profit per equity partner: £145,000 Equity spread: £110,000-£190,000 Net profit: £3.2m Profit margin: 8 per cent Salaried partner remuneration: £110,000-£190,000 Revenue per lawyer: £224,000 Revenue per partner: £569,000 Revenue per equity partner: £2,050,000 Cost per lawyer: £207,000 Profit per lawyer: £17,000 No of partners: 72 No of equity partners: 20 No of female […]

Careers: people

London firm Maples Teesdale has appointed David Stevens as a litigation partner. Stevens, formerly a senior solicitor at Norton Rose, will be specialising in commercial and property litigation and will head the litigation team. East Anglian firm Kester Cunningham John has announced the appointment of Vanessa Hoare as partner and head of the residential property […]

New Paris head for Ashurst

Ashurst has chosen young corporate partner Frédéric Pinet to replace its outgoing Paris managing partner Christopher Crosthwaite. Pinet, aged just 38, becomes one of the French market’s youngest managing partners. He was selected by his fellow Paris partners and his appointment was confirmed by Ashurst’s international managing board. As part of his new role, Pinet […]

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: […]

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