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Building your legal operations function

The History of legal operations, and why you need it As you’re reading this paper you’re probably already aware of what legal operations is, but may be seeking more clarity on what the function should and should not cover in order to address the skills needed and help you create the best team. Broadly speaking, […]

Act on amendments of the civil procedure act steps into force

The Act on Amendments of the Civil Procedure Act in Croatia stepped into force on 1 September 2019 and brought substantial changes through the first amendments of the provisions governing civil procedure since the reform in 2013. The amendments were praised in Croatian legal community, because they aim to expedite dispute resolution and end the main […]

General considerations regarding the jurisdiction of Austrian

By Vladimir Komarov Despite the fact that the political situation in Austria, in comparison with other countries of the Western world, is considered more favorable towards Russia, banks and other service providers have recently begun to treat Russian customers with increasing suspicion and skepticism. Therefore, doing business in Austria or using Austrian jurisdiction for capital management […]

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Chopper overhead: Helicopter engines a source of confusion in aviation financing

By Marie-France Béland, Julie Djiezion The question of how to effectively take security over helicopter engines is one of fundamental importance to creditors. However, despite its importance, this area of aviation financing remains surprisingly unclear. The confusion surrounding this question stems from the way helicopter engines are defined under the Convention on International Interest in Mobile Equipment (the “Convention”) […]

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Osborne Clarke’s financials tumble

Bristol-headquartered Osborne Clarke has seen significant falls in both turnover and profitability during the last financial year. The firm’s 2008-09 results show that turnover dropped by 12 per cent, from £95.3m to £84m, while average profit per equity partner plunged 36 per cent to £352,000. Managing partner Simon Beswick put the fall down to adverse market ­conditions, adding: […]

6

Camerons, DLA square up to Bulgarian court

Law Society joins UK firms’ fight against fines based on protectionism CMS Cameron McKenna and DLA Piper have vowed to fight the protectionist stance taken by local ­Bulgarian law firms after becoming embroiled in a turf war over practising in the country. Camerons and DLA Piper were among a group of four international firms fined by Bulgaria’s Competition […]

1

PEP falls 21 per cent at Pannone as revenue nudges up

Pannone brought in turnover of £52.5m in the 2008-09 financial year, a three per cent increase on the total of £50.8m for 2007-08. The firm’s profit margin has dropped from 27 per cent last year to 22 per cent this year. As a result average profits per equity partner (PEP) have fallen 21 per cent […]

2Birds’ expansionist strategy sees fee income rise by 30 per cent

Bird & Bird has announced a 29.7 per cent increase in gross revenue for the 2008-09 financial year. David Kerr Total turnover at the technology and IP-focused firm grew to £186.3m from £143.7m for the previous year. The firm said that 9 per cent of the increase in revenue could be put down to the […]

People moves

Richard Dinning (left) has been appointed as chairman of DMH ­Stallard, taking over from Derek ­Sparrow. Dinning was previously a real estate finance partner at Addleshaw Goddard. Move of the week His appointment comes as DMH Stallard looks to implement its ­latest three-year strategy, ­positioning itself as a “better value” alternative to magic circle and […]

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