As the EU and national governments aim to use recovery from the COVID-19 crisis as a springboard for achieving ambitious new climate policy goals and building back greener, this briefing presents an annual status update on legal, policy and commercial initiatives across the European renewables sector.
Following the end of the transition period nearly two months ago, with an EU-UK Trade and Cooperation Agreement (TCA) that largely left out financial services1, it is unsurprising that the UK is forging alliances elsewhere. Even less surprising, then, is that one such ally should be another European nation well known for its financial sector.
The world of sanctions policy and enforcement saw quite a busy year in 2020 – and it seems the trend will not slow down in 2021.
One of the most frequently mentioned challenges facing in-house counsel today is how to demonstrate the value which the legal function brings to the business.
The significant revenues that companies in the digitalized economy generate, in combination with the greater risk of base erosion and profit shifting due to the lack of a physical presence, mean that countries and the organizations that represent them are increasingly looking at new ways to tax the digitalized economy.
This podcast reflects on and discusses some of the measures currently being considered by employers to keep their workplaces safe twelve months on from the start of the pandemic.
The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) have joined forces to provide updated guidance on a common problem faced by employers and pension scheme trustees: when and how can information or other support be given to members to help them with their pension choices without needing to be authorised by the FCA?
The webinar brought together our various communities to discuss the progress combatting the disparities that exist between female and male entrepreneurs, making entrepreneurship more accessible to women, increasing funding access for women to start and grow businesses as well as addressing broader societal issues and unconscious bias that have created barriers for women generally.
In a costs ruling delivered on 12 March 2021, the Honourable Justice Ramsay-Hale provided welcome clarity on the circumstances in which the Grand Court of the Cayman Islands will make a costs award on the indemnity basis. A successful party can expect to recover a higher proportion of its costs when an award is made on the indemnity basis (rather than the standard basis) since only costs that are unreasonably incurred or are of an unreasonable amount will be disallowed on taxation, and any doubts as to reasonableness are resolved in favour of the successful party.
The designation of eight new Freeports within England made headlines in the Budget and now the winning bidders have to put into effect their successful proposals. What will this mean in practice for those areas affected and what are the likely issues that Freeport authorities will face?
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Kirkland & Ellis has been changing its hiring strategy for corporate partners.
US firms need to retain their partners to maintain sustainable growth.
The balance of power in London has shifted away from the traditional UK firms.
Mishcon’s IPO might be a success but its partners would have been better off doing it earlier.
Law firms have paid back loans they took out last year but it doesn’t mean they are in the clear just yet.
Cahill has doubled in size in London since 2016.
Two months after the firm compensated its employees for working reduced hours, Taylor Wessing has now announced a five per cent special bonus for staff. This will be paid in addition to the firm’s annual bonus scheme and will account for five per cent of every employee’s respective salary. As a reward package for the […]
Hogan Lovells has recruited a five-lawyer finance team from PwC for its Brussels base. Finance veteran Ivan Peeters and partner Philip Van Steenwinkel join the firm alongside three associates. Both Peeters and Van Steenwinkel have been at PwC since 2018, which they joined from the Belgian branch of Benelux firm Stibbe. Before this, the duo […]
EY Law is bringing in a team of six lawyers to boost its financial services practice, including a former Dechert partner. The legal arm of the accountancy firm has brought in a collective helmed by Monica Gogna, a finance expert who left Dechert last September. The team hire is aimed at building out a financial services […]
CMS is switching partner profit distributions back to its traditional bi-monthly schedule after temporary changes adopted during the pandemic, The Lawyer has learned. It is understood the firm moved to quarterly distributions last year, when it found itself in a position to resume the rounds following an emergency hiatus in the early part of the […]
One of the Inns of Court in London will soon be home to a fee-paying junior school after it agreed to lease out one of its buildings, The Lawyer can reveal. Grays Inn recently confirmed that it will be leasing out the old City School of Law Building to the City of London School for […]
Clyde & Co has cut a number of its UK secretarial roles as it moves to a new ‘hub’ operating model, adding itself to the list for firms rethinking the legal support function. The firm has dispensed with the services of 29 out of 235 secretaries, marking a 12 per cent decrease, as a result […]
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