Latest Briefings

The Job Support Scheme

The Chancellor, Rishi Sunak, announced today that the Coronavirus Job Retention Scheme (the Furlough Scheme) will end as planned on 31 October 2020. However, he has provided some much needed relief for employers who have been hard hit by the Coronavirus in announcing the Government’s new initiative to support struggling employers, the Job Support Scheme (the Support Scheme). The stated aim of the Support Scheme is to support viable businesses to retain viable jobs in what will undoubtedly be a continued period of significant economic uncertainty.

Sending in the bailiffs… no longer an option for landlords

On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).

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Kennedys New York

Kennedys’ turnover surges 31% after year of mergers

A 31 per cent rise in turnover at Kennedys saw the firm’s global turnover rise from £149.9m to £196m, while UK turnover grew 14 per cent from £101.5m to £118m. Much of this growth was attributed to its merger with Manchester-based commercial litigation boutique Berg as well as a rapid expansion programme which saw the […]

Shane Gleghorn, Taylor Wessing

Taylor Wessing financial results show continued growth under Gleghorn

Taylor Wessing has continued its upwards trajectory with profits growing by 10 per cent from £56.8m to £62.6m in the first year under managing partner Shane Gleghorn. The firm posted an 8 per cent rise in UK turnover from £144.6m in 2017/18 to £156.6m last year. Global revenue also increased, by 13 per cent to […]

Dentons

Dentons turnover boosted by panel wins, Carillion fees and KKR mega-deal

Dentons is the second international firm to announce its 2018/19 financials, revealing revenue growth of 13 per cent for its UK and Middle East offices. The firm generated a total of £229.8m from £203.1m over 2018/19, two years after its merger with Scottish firm Maclay Murray & Spens. Profit per equity partner increased by 4 […]

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