Shakespeares and Harvey Ingram in talks to create £50m firm

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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SJ Berwin and Mayer Brown in talks over £900m tie-up

SJ Berwin has held exploratory talks with US firm Mayer Brown with a view to joining forces to create a £900m business. Senior management at the top 20 UK firm has engaged in high-level discussions with the Chicago-based outfit this month, with the talks coming since the confirmation of Mayer Brown’s new management. The latest […]

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King & Wood Mallesons looks West for international expansion

King & Wood Mallesons is on the lookout for tie-up partners in the US and UK as part of its bid to become a leading international firm, with Nixon Peabody and SJ Berwin touted by market commentators as early contenders. King & Wood Mallesons’ global managing partner Stuart Fuller, who has been based in Hong […]

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Olswang celebrates 30 per cent profit rise after strong year

Olswang has made a significant return to financial form, posting a 17 per cent rise in turnover and a 30 per cent growth in profit in its 2011-12 financial results. Turnover at the London-headquartered TMT-focused firm rose from £92.6m to £108.1m. Average profit per equity partner, while still subject to verification and audit, is expected […]

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Profession remains elite despite social diversity push

Social diversity programmes have a mountain to climb, with 15 per cent of lawyers educated privately compared with seven per cent of the population. According to a survey by legal recruiter Laurence Simons those who are privately educated are seven times more likely to enter the profession than those educated in the state sector. Laurence […]

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Morgan Lewis confirms Dewey trainee intake

Morgan, Lewis & Bockius has confirmed that it has hired seven former Dewey & LeBouef trainees. The trainees will join former Dewey London office head Peter Sharp and institutional finance group chair Bruce Johnston at the firm. In a statement, a spokesperson for Morgan Lewis said “We are pleased to have received authorisation from the […]

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