Herbert Smith puts emphasis on Asia with 13 promotions

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Latest Briefings

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes They represent 50% of the working population and are as many or more educated and qualified as they are. However, the problem of gender diversity (or lack of it), especially in top positions in organizations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

Higher Dutch VAT rate on several LS-products

By Luca van Silfhout, Patrick Vettenburg A number of goods and services, listed in an annex to the Dutch VAT Act, qualify for the reduced VAT rate (instead of the regular VAT rate of currently 21%). Among these goods and services are: qualifying medicines, first-aid type supplies such as bandages and qualifying medical aids such […]

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Structurally sound

As Islamic finance booms tawwaruq structures are increasingly popular. Mike Rainey argues the surge in their use should be curbed. The enormous growth in the global Islamic finance industry is well documented and shows no signs of abating. But, as the industry continues to develop, there is a somewhat concerning trend in the use (or […]

Litigation chief wins top job at Simmons

Colin Passmore has won the senior partner election at Simmons & Simmons, beating former managing partner Mark Dawkins in the final round of voting. Passmore, who is head of litigation at the top 10 firm, will take the post at the end of June when incumbent David Dickinson steps down. As revealed by The Lawyer […]

Richard Alderman
2

Focus: Serious Fraud Office: Split decision

SFO director Richard Alderman is adamant that removing the watchdog’s teeth would be doing UK plc a major disservice In Whitehall a battle for the budget of the SFO is raging. The future of the agency is once again at risk, with plans to divide its investigative function from its ­prosecution powers being seriously mooted […]

Freshfields advises Land Securities on City let

Freshfields Bruckhaus Deringer has advised Land Securities on its securing of SMBC Nikko Capital Markets as the latest tenant for its high-profile City development One New Change. Real estate partner Chris Morris is leading the Freshfields team advising Land Securities on the office and retail letting of the landmark development opposite St Paul’s Cathedral. US […]

Dr Alexis Brassey
17

Legal education’s oversupply is unethical

Too many people are looking to become solicitors in England and Wales. This is not an opinion, it is a fact based on the most recent annual report from the Law Society. The numbers are alarming. In 2009-10 around 20,000 students were accepted on courses to study law as a first degree combined with more […]

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