Latest Briefings

Dishonesty: A change of approach

On 29th April 2020, following the decision in the case of R v Barton and Booth [2020] EWCA Crim 575, the Court of Appeal identified that the two-limb test for dishonesty as identified in the case Ghosh, is no longer the approach to be taken.

Cybersecurity requirements for licensees

Entities regulated under the Insurance Law will need to implement cybersecurity measures in proportion to their cyber risk profile by 27 November 2020 following the release of the Rule and Statement of Guidance on Cybersecurity for Regulated Entities by the Cayman Islands Monetary Authority on 27 May 2020.

Wirecard – has the German financial regulator lost its immunity?

The German regulator BaFin is being sued for abuse of authority following one of the biggest fraud scandals of the decade with German payment processor, Wirecard AG, filing for insolvency owing €3.5bn and its chief executive arrested on suspicion of accounting fraud and market manipulation. This article explores the situation and considers the need for change.

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Trowers bags Morley’s purchase of 27 Knightsbridge

Trowers & Hamlins has won a role advising Morley Fund Management on its £101m purchase of London office building 27 Knightsbridge. Morley, one of the biggest fund managers in the UK with £32.5bn in property assets, bought the building from the Henderson Central London Office Fund. The latter was represented by Kirkpatrick & Lockhart Preston […]

Scotland

Two firms stand out in the Scottish peer group this year, but for very different reasons. Dundas & Wilson posted robust turnover growth but a static average profit per equity partner (PEP), while Brodies had an exceptional year, with revenue rising by an enviable 43 per cent coupled with a decent 13 per cent hike […]

Magic circle left wanting in female partnership stakes

The magic circle is falling short in the diversity stakes when it comes to female partners, with all four seeing less than 10 per cent of their equity falling into female hands. As part of its UK 200 Annual Report, The Lawyer asked firms how many of their partners and equity partners were female. The […]

Nigel, Keith and the Arsenal oligarch

It’s back to school this week, and it’s good to see libel kings Schillings starting the new term with a bang. For shockingly, Keith Schilling has been tempted out of his Soho bunker. The entire firm has decamped from its old offices (just a stone’s throw away from the Groucho Club, darlings) to a swanky […]

EPP is the new PEP

The true picture of profitability among the UK’s top firms is on display today (3 September). Forget PEP. Loathe it (A&O’s Guy Beringer) or love it (anyone at Slaughters), it has become something of a problematic benchmark. Actually, strike that ‘anyone at Slaughters’ comment. As we reported last month, and reiterate today, the firm’s senior […]

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