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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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City firms scramble to offload office space as market drops

City law firms moving to new premises are facing the uncomfortable reality of paying above-market rents on new office buildings while struggling to sublet existing premises. The worst hit will be firms such as Reed Smith, which signed up for 155,000sq ft in Broadgate Tower in January this year, when prices were considerably higher than […]

Heller litigation teams joins Arnold & Porter

Five more partners have left US firm Heller Ehrman, which recently announced its dissolution (TheLawyer.com, 26 September). The five litigation partner shareholders, including several former litigation practice heads, have joined Arnold & Porter offices in Washington DC and Los Angeles. Arnold & Porter chair Thomas Milch said that they would bolster the firm’s litigation strength […]

EMW makes further lay offs

EMW Law has made a further 17 members of staff redundant, bringing the total number of redundancies at the firm to 21. EMW makes further lay offs” class=”inline_image inline_image_left” src=”/pictures/web/images/14069_joy-vollans90.gif” />EMW Law has made a further 17 members of staff redundant across its corporate, commercial and property teams, bringing the total number of redundancies at […]

Small is beautiful for Freshfields, but it isn’t enough to crack the US

The list of Freshfields’ referral firms makes for fascinating reading, says Julia Berris. Freshfields ;Bruckhaus Deringer’s New York presence is significantly smaller than those of its magic circle counterparts ­Clifford Chance and Linklaters. With just 73 lawyers the firm’s office is virtually dwarfed by ­Clifford Chance’s lawyer count of 370 and Linklaters’ 160. Small is […]

Addleshaws names managing associates

Addleshaw Goddard has promoted 22 lawyers to the role of managing ­associate. Addleshaw Goddard has promoted 22 lawyers to the role of managing ­associate. The largest number of promotions were made in the contentious and commercial team and finance and ;projects, ;which ­promoted seven associates apiece. A further five were promoted in real estate and […]

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