“Follow the clients” is an outdated mantra
In a world where we think differently about geography, the new maxim should be “follow the talent.”
Weil strengthens London office with Slaughters corporate partner hire
Weil Gotshal & Manges has bolstered its corporate bench strength in London by hiring a partner from Slaughter and May. Murray Cox is the partner in question, who advises on all aspects of corporate law with a keen focus on public M&A and private equity transactions. He has spent the past 13 years at Slaughters […]
Wine producer hits back in dispute with Goldman Sachs
A bitter legal battle is heating up over claims that Goldman Sachs was “grossly negligent” in encouraging an employee of Europe’s largest wine producer to enter unauthorised foreign exchange transactions. J.Garcia Carrion, which is also the fourth-largest wine producer in the world, is taking on the bank due to the actions of its former chief […]
Eversheds reimburses staff for reduced working hours
Eversheds Sutherland is set to fully reimburse staff who lost out on pay when taking part in its flexible working scheme. Those who experienced a reduction in working hours will receive all that was deducted from their base pay during the Flex programme. Those who volunteered for the initiative but didn’t take part are also […]
Czech Republic: Competition authority battles non-cooperative competitors
The Office for the Protection of Competition recently issued two press releases in which it confirmed one fine and imposed another on non-cooperative competitors, the first for an obstruction during a dawn raid and the second for not replying to a request for information.
To the point: technology & digitalisation – March 2021
Legal developments in the area of technology & digitalisation in the wider CEE region.
To the point finance – CEE
In this edition of TTP Finance, we share our views on some legal developments in the CEE region that will be relevant in the fallout of the COVID-19 pandemic.
Bulgaria: Amendments to waste management legislation lead to new labelling requirements for prepacked goods
Bulgaria has adopted amendments related to the Waste Management Act, particularly to the Ordinance on Packaging and Packaging Waste.
Romania’s construction sector moves a step nearer digitalisation
Projects will move from planning to development phase more quickly.
New investment screening mechanism in Slovakia
On 1 February 2021, the Slovak Ministry of Economy submitted an investment screening proposal to the government. This proposal was approved by the National Council (with amendments) on 5 February 2021 and is scheduled to enter in force on 1 March 2021.
“Follow the clients” is an outdated mantra
In a world where we think differently about geography, the new maxim should be “follow the talent.”
Weil strengthens London office with Slaughters corporate partner hire
Weil Gotshal & Manges has bolstered its corporate bench strength in London by hiring a partner from Slaughter and May. Murray Cox is the partner in question, who advises on all aspects of corporate law with a keen focus on public M&A and private equity transactions. He has spent the past 13 years at Slaughters […]
Wine producer hits back in dispute with Goldman Sachs
A bitter legal battle is heating up over claims that Goldman Sachs was “grossly negligent” in encouraging an employee of Europe’s largest wine producer to enter unauthorised foreign exchange transactions. J.Garcia Carrion, which is also the fourth-largest wine producer in the world, is taking on the bank due to the actions of its former chief […]
Eversheds reimburses staff for reduced working hours
Eversheds Sutherland is set to fully reimburse staff who lost out on pay when taking part in its flexible working scheme. Those who experienced a reduction in working hours will receive all that was deducted from their base pay during the Flex programme. Those who volunteered for the initiative but didn’t take part are also […]
Goodwin increases NQ salaries by 10 per cent
Goodwin Procter has raised its NQ salaries in London by 10 per cent, bringing pay further in line with other US firms in the City. The Lawyer can reveal that Goodwin has upped its NQ pay from £125,000 to £137,500. It is understood that PQE salaries have also risen but the amounts vary depending on multiple […]
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Deliveroo heralds a bumper crop for ECM lawyers
There have been eight completed main market IPOs in 2021 so far.
Working to live, not living to work: it’s an easy sell
The demographics of the legal market are in flux with Covid 19 creating the conditions for a generational shift in working patterns.
A&O’s accidental LA office
With the arrival of the Akin Gump team, A&O’s US bench has doubled at a stroke.
Hausfeld loves a bit of competition
Calls for reform of the CMA will be music to the ears of claimant litigators.
Latham is taking both more and less space in London
If Latham’s growth rate continues unabated, its future home could end up offering proportionately less space per staff member.
£30m isn’t enough to get you into the Premier League
DMH Stallard has reached critical mass size – but it now has more work to do to secure its future.
Goodwin’s City revenue nears $100m after lateral hiring spree
Goodwin Procter’s London revenue soared by 34 per cent in the last financial year, as its headcount too increased by nearly a third. The US firm’s London outpost saw turnover rise from $74m to $99m. Meanwhile, global revenue at the US firm increased by 11.7 per cent to $1.49bn, while profits per equity partner rose […]
Magic circle trio paid just £10m in UK corporation tax in 2019/20
Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters paid just under £10m in corporation tax to the UK Treasury, their most recent LLP accounts reveal, as rate increases formed a key part of this week’s Budget proposals to repair the economy. The figures shine a light on how UK firms are likely to be impacted by […]
Newcastle United fails to dismiss Blackstone QC from arbitration panel
Newcastle United (NUFC) has been unsuccessful in its bid to have Blackstone’s Michael Beloff QC dismissed as an arbitrator in the club’s dispute with the Premier League. NUFC, which is owned by Mike Ashley, is currently engaged in arbitration proceedings with the Premier League over the failed takeover of the club. The club brought the […]
Kirkland and Slaughters lead on Aggreko’s £2.3bn sale
Kirkland & Ellis has taken the lead role for the private equity bidders on the £2.3bn buyout of equipment supplier Aggreko. TDR Capital turned to Kirkland yet again after last year seeking the firm’s counsel on its £6.8bn purchase of ASDA. Partners David Holdsworth and Mark Thompson led for TDR and I Squared Capital, with […]
Clifford Chance brings in consultancy to vet promotion process
Clifford Chance has concluded an independent review of its partner promotion process, to ensure criteria around diversity and inclusion are being fulfilled. The firm commissioned Chicago-based consultancy Nextions, which specialises in inclusion across leadership roles, to review its path to promotion. The effort started last autumn and wrapped in time for the beginning of the […]
CMS plants 8,000 trees after tracking staff’s carbon footprints
CMS has planted thousands of trees around the world, following its pledge to plant one for every new user of its in-house sustainability app. Last year, The Lawyer reported that the firm had created a mobile app to help lawyers reduce their carbon footprint. It came with the commitment of planting a tree for every […]
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