Latest Briefings

Channel Islands employment law update – July 2020

Jersey Tribunal rules HR advisers not protected by legal privilege The Jersey Employment Tribunal (the Tribunal) in David Slater v Consolidated Minerals[1] sought to consider an interesting question concerning discovery: whether HR consultants are protected by legal advice privilege, given their status as non-legally qualified advisers. In the context of a constructive unfair dismissal claim, […]

Borrowers experience speed bump in road to compliance – expanded scope of Cayman private funds law

By now most fund finance professionals would likely choose an afternoon in the dentist’s chair over a discussion about the Cayman Islands Private Funds Law, 2020. Borrowers unfortunately experienced a speed bump in the road to compliance this week with the introduction by the Cayman Islands Government of an amendment to the PF Law which significantly increases the number of entities which will need to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.

What are the benefits of employee engagement?

By Chris Shenton Reading Time: 5 minutes Employee engagement is the central topic here at Weekly10. Whether we’re talking about the latest employee engagement strategies, how to improve employee engagement or simply what exactly employee engagement is, it’s fair to say it is always a focus for us. Yet, we still often get asked the […]

BVI economic substance requirements 2020 update

The framework that the British Virgin Islands (“BVI”) government has created to enable BVI ‘legal entities’ to report prescribed economic substance information’ is now operational. New reporting and (in some cases) economic substance requirements now apply for BVI ‘legal entities’ that conduct certain defined ‘relevant activities’ under the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the Rules on Economic Substance (together the “Economic Substance regime”).

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Clifford Chance, Wong go separate ways as Singapore opens up to foreign firms

Clifford Chance, Wong go separate ways as Singapore opens up to foreign firms” />Clifford Chance and Singaporean firm WongPartnership have ann­ounced the termination of their joint venture arrangement, as Singapore liberalises its legal market for foreign law firms. The Singapore Ministry of Law has launched a scheme to liberalise the legal market, allowing ­foreign firms […]

RPL league turns tables on Skadden

Skadden” class=”inline_image inline_image_left” src=”/pictures/web/images/15003_davidallen-MayerBrown90.jpg” />The litigation table published by The Lawyer shows which firms generated the most revenue from disputes last year. But reorder the table to rank firms by revenue per lawyer (RPL) and a different picture emerges. For example, Herbert Smith rises from 35th in the revenue table to seventeenth when ranked by […]

Cadwalader will not keep any City NQs in spring

US firm Cadwalader Wikersham & Taft will not offer jobs to any of the trainee solicitors who are due to qualify into its London office next spring. Three trainees have been affected by the move, which it is understood has been blamed on market conditions and the rapid expansion of Cadwalader’s UK-based graduate recruitment programme. […]

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Magic circle takes prudent approach to US bonuses

Magic circle firms have vowed to take a conservative approach to this year’s round of US associate bonuses as economic conditions continue to worsen. The US managing partners of Allen & Overy (A&O) and Freshfields Bruckhaus Deringer highlighted financial prudence as a key factor in setting year-end bonuses, adding that it is also important to […]

Mathys & Squire opens Manchester outpost

Patent and trademark attorney firm Mathys & Squire has launched a Manchester office with the hire of two directors from rival firm William A Shepherd & Son. Mathys & Squire has brought on board trademark specialists Gary Johnston and Robert Hawley for the start-up operation. The firm’s senior partner Peter Garratt and chemical patent partner […]

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