Initial results point to an increase in profitability

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Latest Briefings

M&A activity in Ireland valued at €70.9bn in first half of 2018

The first six months of 2018 have been notably buoyant for Ireland’s mergers and acquisitions (M&A) market. Dealmakers were kept busy with a pipeline of transactions, in a continuation of the active market that was evident last year…

Retail Risk Report 2018: Digital disruption and regulatory changes

By Kerry Gwyther 2018 has been a particularly challenging year for retailers so far, combining tough trading conditions with digital disruption and major legal and regulatory changes. Our Retail Risk Report, now in its fourth year, is a single point of reference to help retailers understand the legal and regulatory changes taking place in 2018 […]

When can a force majeure clause in contracts be relied on?

By Tom George, Daniel Wood and Cathy Moore In times of economic and/or political uncertainty, parties to construction contracts may consider whether they have a right to rely on force majeure provisions as a justification for temporarily or permanently failing to perform substantive obligations. We review the recent decision in Seadrill Ghana Operations Ltd v Tullow Ghana […]

Blockchain roundtable: addressing the regulatory challenges of disruptive innovation

The Blockchain Research Institute (BRI) recently gathered nearly 70 global leaders in finance, law, government, academia and innovation for a special roundtable discussion that explored the challenges surrounding blockchain regulation. Usman Sheikh, Gowling WLG partner and National Head of the firm’s Blockchain & Smart Contract Group, co-led the forum with blockchain pioneer and co-founder of BRI Don Tapscott, […]

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

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Scotland’s Harper Macleod posts growth in turnover and PEP

Scottish firm Harper Macleod saw revenues rise 6.5 per cent in the last financial year, up from £14.1m in 2008-09 to £15m. At the same time average profit per equity partner (PEP) rose 9 per cent from £231,000 to £252,000. Net profit at the end of the year stood at £4.81m, giving a profit margin […]

4

Legacy Hogan London chief quits Hogan Lovells for King & Spalding

The London office of Hogan Lovells has suffered its first high-level departure since the 1 May merger of Hogan & Hartson and Lovells, with partner Garry Pegg set to join US firm King & Spalding. Pegg, who was managing partner of Hogan’s City office and is currently co-chair of Hogan Lovells’ global energy and natural […]

Why Kirkland’s PE swoop is the start of an aggressive new era

Chicago firm emulates Weil Gotshal with UK investment.  The big splash hires of Ashurst corporate partners Gavin Gordon and David Arnold by Kirkland & Ellis (TheLawyer.com, 1 June) has all the hallmarks of a new chapter for the Chicago-headquartered firm’s City office. The firm’s last big-hitting ­private equity appointments were those of Raymond McKeeve […]

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Mexican wave is the model outsourcing arrangement

Last week’s story about Freshfields Bruckhaus Deringer looking to build a national referral framework with regional firms highlights how legal market trends come in and out of fashion. A decade ago the Mexican wave initiative, which involves outsourcing lower-value transactional work to UK regional firms, was put into practice by Hogan Lovells legacy firm Lovells […]

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Tugendhat J redefines meaning of defamation

Mr Justice Tugendhat today raised the bar for defamation claims in a High Court ruling that found the definition of defamation must include a qualification or threshold of seriousness. Dismissing an action brought by author Dr Sarah Thornton against the Telegraph Media Group, Tugendhat J accepted a submission from solicitor advocate David Price of David […]

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