Simmons wins High Court battle in client letter claim
The High Court has thrown out claims against Simmons & Simmons by a US company that claimed the firm purported to act on its behalf without the necessary authority.
Simmons posts 12 per cent jump in half-year revenue
Turnover at Simmons & Simmons has increased by 12 per cent in the firm’s half year results for 2017/18.
The firm posted a revenue figure of £167.3m, up from the previous year’s first half figure of £149.4m.
Reed Smith Asia managing partner to step down
Reed Smith has appointed a new Asia managing partner to succeed Roger Parker, who is stepping down after 18 months.
Hong Kong-based global corporate practice co-chair Denise Jong has been appointed as the firm’s new Asia managing partner.
Santander Asset Management names new legal boss
Santander Asset Management head of legal Jagjit Singh Nazran has left the company after six years in the role, The Lawyer can reveal.
Austria – New mandatory register for companies
Polish tax evasion rules – Impact on escrow agreements
To counteract tax evasion, Polish authorities have recently introduced legislation and digital systems allowing tax authorities to analyse banking systems, search for potential fraud, and block suspicious bank accounts. Effective 30 April 2018, the new rules may have an adverse effect on escrow accounts, M&A closings, and real estate transactions in Poland. This client alert […]
Warsaw: Management liability in M&A transactions
By Niall Crowley Increased volatility on financial markets is putting pressure on company management teams when setting valuations in M&A transactions, according to experts gathered at a seminar held by international law firm Wolf Theiss…
New EU regulation: The end of geo-blocking when shopping online
A new EU Regulation, which will take effect on 3 December 2018, provides for borderless online shopping. Traders are obliged to treat online customers equally, regardless of which EU-member state they come from. Geo-blocking will be abolished in many cases. However, digital content protected under copyright law and some other services are not yet affected […]
Bulgaria: Commission recommends amendments to the energy act
On 8 February 2018, the Bulgarian Competition Protection Commission (“CPC”) issued a Decision in a Competition Advocacy proceeding initiated in 2017 for the assessment of conformity with Competition law of the legal framework applicable to heat energy supply legislation. The Competition Advocacy proceeding analyzed the respective sections of the Energy Act (“EA”), the Heat Energy […]
Romania and GDPR: Key proposed measures
On March 14 2018, the Romanian law for implementing measures on EU regulation no.2016/679 on the protection of individual rights regarding the processing of personal data directive GDPR was submitted. The legislative proposal can be reviewed here…
Simmons wins High Court battle in client letter claim
The High Court has thrown out claims against Simmons & Simmons by a US company that claimed the firm purported to act on its behalf without the necessary authority.
Simmons posts 12 per cent jump in half-year revenue
Turnover at Simmons & Simmons has increased by 12 per cent in the firm’s half year results for 2017/18.
The firm posted a revenue figure of £167.3m, up from the previous year’s first half figure of £149.4m.
Reed Smith Asia managing partner to step down
Reed Smith has appointed a new Asia managing partner to succeed Roger Parker, who is stepping down after 18 months.
Hong Kong-based global corporate practice co-chair Denise Jong has been appointed as the firm’s new Asia managing partner.
Santander Asset Management names new legal boss
Santander Asset Management head of legal Jagjit Singh Nazran has left the company after six years in the role, The Lawyer can reveal.
In-house lawyers: Are scorecards the answer for law firm collaboration?
In-house lawyers have put collaboration, communication and clarification with partner firms at the top of their to-do list.
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Mothercare scraps GC role as fifth in four years departs
Mothercare has scrapped its general counsel position following the departure of Alice Darwall, who was acting as group general counsel and company secretary. The Mothercare in-house legal team has been in flux for the past few years; Darwall left the business in June 2018 after eight months. She replaced Andrew Eames, who was acting as […]
The 60 second interview: Pinsents’ Richard Foley: Law firms will need to think more about the reason they exist
Our latest 60 second interview in the “Law firm of the Year” series features senior partner Richard Foley, who talks to The Lawyer about Pinsent Masons‘ vision for the future and the importance of understanding the DNA of your business in times of unprecedented change.
Sberbank swaps South Square silk for “£300,000” Brick Court QC
The Russian bank Sberbank has opted to swap South Square’s Barry Issacs QC and Alexander Riddiford for Brick Court super silk Mark Howard QC and junior Laura Newton for its Court of Appeal hearing in October. Howard and Newton will now be instructed by Fried Frank Harris Shriver & Jacobson partner Justin Michaelson for the […]
Partners Group hands panel places to cohort of PE firms
Investment manager Partners Group has appointed a number of US and UK-headquartered firms to its panel, including Clifford Chance and Latham & Watkins, The Lawyer understands. Partners Group last undertook a review in 2016, in which the magic circle firm secured a place as one of the company’s core legal advisers. Two key deals for Clifford Chance […]
The City 50: Did you make the cut?
The rise of the American firms is made clear in the City 50 – The Lawyer’s first ever snapshot of the London-only revenues of US and UK firms.
Hogan Lovells appoints new German head as part of management reshuffle
Hogan Lovells has announced a management shake-up in Germany, with a newly created managing partner role to oversee all of the firm’s German offices. Current Munich office managing partner Stefan Schuppert has been appointed as managing partner of Germany, presiding over the firm’s four offices in Dusseldorf, Frankfurt, Hamburg and Munich. An intellectual property lawyer, Schuppert […]