The COVID-19 pandemic has resulted in unprecedented pressures on cashflow for the business community and global stock markets have suffered significant falls over the last few days. Against this backdrop pension schemes (whether defined benefit or defined contribution) face their own challenges.
Parties have been concerned for some time about the length and cost of arbitration, and how these issues can be effectively controlled. This article considers the factors affecting accessibility, how arbitral institutions can help, and how the parties can help themselves; different available tools and innovative solutions that can be deployed to tailor and streamline […]
Following the government’s decision to require all but essential workers to stay at home, the NHS has made available grant funding of up to £25,000 for each company which devises digital support solutions for those people who need to stay at home, in particular the elderly, vulnerable and self-isolating. The purpose of the funding is […]
Along with other unprecedented measures to protect the public and the economy, the UK government announced on 23 March 2020 that commercial landlords are to be precluded from forfeiting commercial leases  and evicting the tenant for non-payment of rent. This measure is in place until 30 June 2020 and will be reviewed thereafter. These […]
Artificial intelligence, cloud computing, software as a service (SaaS), machine learning. Just a few of the most commonly heard terms associated with the raft of new technologies now disrupting the legal industry. But, no matter your enthusiasm or ambition, successfully implementing new technology and ensuring its adoption can be a huge challenge. Many projects end […]
By Mark J. Forte At this time of great uncertainty, we hope it is useful to offer you an update on the operation of the BVI litigation market. The BVI Commercial Court has introduced proactive measures to ensure minimal interruption to its operations, whilst ensuring public health is not jeopardized. BVI has therefore moved to […]
Stay informed about the latest developments in competition law in Central and Eastern Europe with Schoenherr’s multi-jurisdictional newsletter. Each issue offers insight into developments in merger control, anti-trust, as well as public and private enforcement in the region.
Ashurst and Freshfields Bruckhaus Deringer were on call as two high street businesses plunged into administration in one day. Ashurst is acting on the administration of Carluccio’s, which has become the first major casual dining casualty since the coronavirus lockdown. Led by restructuring partner Drew Sainsbury and corporate partner Bruce Hanton, the firm is advising […]
Reed Smith has slowed partner cash distributions in a bid to counteract the potential economic impact on its business amid the ongoing coronavirus crisis. Management at the firm has introduced new contingency measures that will reduce monthly draws by 40 per cent for equity partners and 15 per cent for fixed share partners, The Lawyer understands. The […]
Over 200 junior barristers have signed a letter to the Bar Council and its vice-chair Amanda Pinto QC, asking it to respond to the self-employed income support scheme announced by the UK Government last week. The Chancellor of the Exchequer announced on Thursday that self-employed people will be supported with 80 per cent of their […]
Pinsent Masons has announced a promotions round of 17 this year, making up two individuals from outside of its traditional legal services group for the first time. Head of the firm’s client solutions group, David Halliwell, has been named as a partner, as well as Hayley Boxall in Pinsents’ forensic and accounting services group. It […]
Macfarlanes and Weil Gotshal & Manges were the two firms leading on the sale of the iconic Ritz Hotel completed late on Friday evening. The acquisition means an unnamed Qatari investor now owns the Ritz hotel on the same night that the property closed its doors for the first time in more than 100 years […]
Covid-19 has profoundly destabilised economic and social life as we know it. As we enter the second week of a nationwide lockdown, The Lawyer would like to hear from our readership. We would like to know your views on your current working practices and have created a survey which you can access here. We would […]