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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BCCI/Bank of America case reaches shock agreement

As the BCCI liquidator’s case against the Bank of England rumbles on, a surprise settlement has been reached in its parallel case, BCCI’s massive claim against Bank of America. In terms of scale, amount of legal fees, and some allegations, the Bank of America case mirrors the case against the Bank of England. The case […]

3-4 South Square – UK 100

Turnover: £22.5m Head of chambers: Michael Crystal QC and Lord Alexander of Weeden QC Total tenants (silks): 44 (16) Door tenants: 12 Chambers contributions: 11.5 per cent Revenue per barrister: £480,000 Top cases last year: BCCI/Bank of England; BCCI/Bank of America; Enron; Deacons/White & Case; Spectrum Plus. No of appearances in House of Lords: 10 […]

CMS Cameron McKenna – UK 100

Turnover: £167m Profit per equity partner: £415,000 Equity spread: £205,000-£525,000 Net profit: £54m Profit margin: 32 per cent Salaried partner remuneration: None Revenue per lawyer: £301,000 Revenue per partner: £1,210,000 Revenue per equity partner: £1,285,000 Cost per lawyer: £204,000 Profit per lawyer: £97,000 No of partners: 138 No of equity partners: 130 No of female […]

Salans – UK 100

Turnover: £87.2m Profit per equity partner: £339,000 Equity spread: £190,000-£570,000 Net profit: £30m Profit margin: 34 per cent Salaried partner remuneration: £100,000-£160,000 Revenue per lawyer: £210,000 Revenue per partner: £687,000 Revenue per equity partner: £1,557,000 Cost per lawyer: £138,000 Profit per lawyer: £72,000 No of partners: 127 No of equity partners: 56 No of female […]

Berrymans Lace Mawer – UK 100

Turnover: £35.6m Profit per equity partner: £165,000 Equity spread: £100,000-£200,000 Net profit: £6.4m Profit margin: 18 per cent Salaried partner remuneration: £105,000-£130,000 Revenue per lawyer: £138,000 Revenue per partner: £391,000 Revenue per equity partner: £848,000 Cost per lawyer: £113,000 Profit per lawyer: £25,000 No of partners: 91 No of equity partners: 42 No of female […]

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