Keating Chambers – UK 100

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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Mills & Reeve – UK 100

Turnover: £36.1m Profit per equity partner: £224,000 Equity spread: £176,000-£316,000 Net profit: £12.8m Profit margin: 35 per cent Salaried partner remuneration: None Revenue per lawyer: £171,000 Revenue per partner: £531,000 Revenue per equity partner: £820,000 Cost per lawyer: £110,000 Profit per lawyer: £61,000 No of partners: 68 No of equity partners: 44 No of female […]

Wedlake Bell – UK 100

Turnover: £16.6m Profit per equity partner: £250,000 Equity spread: £190,000-£270,000 Net profit: £4.5m Profit margin: 27 per cent Salaried partner remuneration: £90,000-£120,000 Revenue per lawyer: £255,000 Revenue per partner: £474,000 Revenue per equity partner: £922,000 Cost per lawyer: £186,000 Profit per lawyer: £69,000 No of partners: 35 No of equity partners: 18 No of female […]

SLG suffers in-fighting over training

Solicitors in Local Government (SLG), the professional body representing the 4,000 local government lawyers in England and Wales, has become embroiled in a spat over the future of its training unit. Protracted negotiations over the future of the unit broke down last year when its manager Peter Godper broke away from SLG to launch his […]

Clarke Willmott – UK 100

Turnover: £26.7m Profit per equity partner: £172,000 Equity spread: £110,000-£179,000 Net profit: £5.6m Profit margin: 21 per cent Salaried partner remuneration: £65,000-£70,000 Revenue per lawyer: £175,000 Revenue per partner: £534,000 Revenue per equity partner: £1,068,000 Cost per lawyer: £138,000 Profit per lawyer: £36,000 No of partners: 50 No of equity partners: 25 No of female […]

White & Case – UK 100

UK/global turnover: £51.9m/£495m UK/global PEP: £535,000/£616,000 UK/global revenue per lawyer: £300,000/£319,000 UK revenue per partner/equity partner: £1.3m/£1.7m Global revenue per equity partner: £2m UK/global number of partners: 31(41)/238 UK/global number of lawyers: 173/1,552 UK number of staff: 151 UK/global leverage ratio: 1:4.5/1:5.5 UK equity partner to staff ratio: 1:4.8 Equity structure: Modified lockstep. Billable hours […]

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