Law Society to students: legal career may be too risky

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Latest Briefings

Implementation of EU anti-tax avoidance directive

The bill of law to implement the provisions of the EU Directive 2016/1164 on anti-tax avoidance (ATAD) in Luxembourg law was made available on 20 June 2018. Subject to parliamentary approval, Luxembourg will introduce controlled foreign corporation (CFC), interest deduction limitation and anti-hybrid rules. It will also modify its existing general anti-abuse rule..

Portugal: Competition and the right to compensation for damages

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on […]

Pimlico Plumbers: the self-employed v brand debate

By Paula Rome The widely reported decision in Pimlico Plumbers emphasises the risks of retaining control over staff. However, such control can be key to protecting an organisations’ brand and reputation in the marketplace. Where does this leave us? What does control mean?

What do employers need to know about whistleblowing policies?

By Antonia Blackwell In this instalment of our ‘Breaking Down the Handbook’ series, we look at whistleblowing policies, why they are needed, what they should contain and what traps employers need to avoid. What does whistleblowing mean?

I’m divorced, that’s it, right?

By Miranda Nairn There is a common misconception that once in possession of a decree absolute (the final decree dissolving a marriage), your divorce is done and dusted and you and your ex-spouse can walk off into the sunset, in opposite directions, never to see or hear from each other again. In fact, unless you […]

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FoxMandal leaves staff unpaid as clients hold on to their cash

Indian firm FoxMandal Little (FML) has not paid a number of its Delhi lawyers for at least a month due to cashflow problems. FML managing partner Som Mandal said this was because the firm’s lockup (the time it takes for clients to pay bills after lawyers start work on a project) had increased from around […]

Turnover stands firm at Bond Pearce

Turnover has remained steady at Bond Pearce over the 2008-09 financial year, with the firm bringing in £48m, equal to 2007-08’s figure. Despite the lack of change in turnover, profitability fell slightly at the South West firm, with the profit margin dropping from 17 per cent in 2007-08 to 15 per cent in 2008-09. As […]

Three dealing

Cayman, Bermuda and the BVI are the ideal jurisdictions for Brazilian companies to turn to when they need sophisticated financial products. By Alan Dickson When the economic ­crisis passes, Brazil will be remembered as being a calm port in the financial storm. Indeed, international investors are still interested in opportunities for exposure to Brazil’s relatively […]

Silver or brass?

SJ Berwin’s financial results tell the tale of an entire section of the legal market (see story). For along with BLP, Ashurst, Travers Smith and Macfarlanes, SJ Berwin is part of what was identified by The Lawyer back in 2005 as the silver circle – a group of firms with largely UK businesses and with […]

Show and tell

Confidentiality and transparency are the new watchwords of the global financial community. Peter Niven looks at how Guernsey is responding Guernsey now features prominently alongside the UK and US on the Organisation for Economic Cooperation and Development’s (OECD) ‘white list’ of transparent jurisdictions that was published at the conclusion of the April G20 summit in […]

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