Latest Briefings

SRA provides some breathing space for law firms struggling to obtain PI cover

By Zarina Lawley The Solicitors Regulation Authority (SRA) recently published a useful Q&A article on their website which we recommend all law firms take the time to read. It summarises some of the most common queries the SRA has received from solicitors about their rules and the potential impact of Coronavirus. The article discusses professional […]

New transparency measures in the public procurement field

1. Background Despite the constant update of the public procurement legal framework, the Romanian authorities have signalled several issues related to the public procurement contracts granted to certain companies, in circumstances which are not able to comply, in all cases, with the general principles of transparency and equal treatment. Thus, in order to ensure the […]

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

Coronavirus Digest no. 2: Patents and other intellectual property rights

Second volume of the Digest prepared by PLMJ and Inventa International on the crossover between the area of intellectual property and the challenges of COVID-19, especially regarding patents and utility models, as well as all the information on the path to obtaining a vaccine.

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Standard Chartered unites legal teams

Standard Chartered Bank has overhauled its in-house legal function by combining the wholesale banking legal team with the central legal function. The legal group and wholesale banking legal team comprise 32 and 60 lawyers respectively. The combined team will be headed by group head of legal James Ellington, who took on the role in December […]

Linklaters revenues smash a billion; PEP hits £1.29m

Linklaters has announced record figures for this financial year, with revenues overtaking a billion for the first time and average profit per equity partner (PEP) rising 21.5 per cent to £1.29m. Top partners at Linklaters will earn £1.62m, up 22.7 per cent from last year’s figure of £1.32m. First-year full equity partners will earn £647,000. […]

Kester Cunningham hikes revenue by £1m

East Anglian firm Kester Cunningham John has posted a growth in revenue of just less than £1m as it targets the commercial, private client and property markets in the region. The firm turned over £10.7m in the 2006-07 financial year, up from £9.8m in 2005-06. Corporate and commercial, which includes employment, showed the biggest growth, […]

Eversheds distances itself from NQ salary war

Eversheds distances itself from NQ salary war” />Eversheds has refused to bow to pressure from its national rivals by raising its salaries for newly qualified lawyers (NQs) to just short of the City rates of DLA Piper and Pinsent Masons. Despite a 17 per cent increase from £53,000 to £62,000, Eversheds’ City NQs will receive […]

Barclays adds 10 new firms to panel

Barclays Bank has appointed 10 new firms to its panel after announcing the completion of its panel review. New firms include, Addleshaw Goddard, Denton Wilde Sapte, Eversheds, Hammonds, Milbank Tweed Hadley & McCloy, Macfarlanes, Magrath & Co, Pinsent Masons,and SJ Berwin. Chief operating officer of legal compliance at Barclays, Richard Daniel, commented: “We look at […]

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