FTSE 100: adviser management trumps tech in reducing legal spend
FTSE 100 companies have had most success in reducing spend by improving their management of outside counsel rather than using technology, new research by The Lawyer has revealed.
Integration between cloud platform and case management system
Tikit, provider of technology solutions for law and professional services firms, recently announced the integration of NetDocuments cloud platform into Tikit Partner for Windows (P4W), its flagship practice and case management application. The cloud-based platform allows users to work securely anytime, anywhere and on any device. Its integration with P4W Case Manager means NetDocuments can either be […]
Sullivan tops M&A rankings for 2017 as deal flow steadies
Sullivan & Cromwell has retained its crown as the most dominant M&A adviser for 2017, while Freshfields Bruckhaus Deringer was the only magic circle firm to gain a place in the global top 10.
Vinson boosts partner numbers with three made up in London
Vinson & Elkins has announced one of its largest ever promotion rounds in London, with three lawyers being made up.
India – relief for outsourcing sector
Tax tribunal allows shareholder’s claim for ‘capital loss’ in capital reduction
The Bangalore bench of the Income Tax Appellate Tribunal (Tribunal) in a recent case of M/s Jupiter Capital Pvt. Ltd. v The Assistant commissioner of Income Tax (ITAT order dated 29 November 2018) has allowed the claim for capital loss on account of reduction in share capital of the company (Ruling). The Tribunal held that […]
All aboard the bond wagon: SEBI board meeting decisions
The Securities and Exchange Board of India (SEBI) in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface with ASBA facility for public issues, has also paved the way for further stimulating the bond market by removing the requirement […]
Draft patent (amendment) rules, 2018 published for objections and suggestions
The Ministry of Commerce and Industry has published Draft Patent (Amendment) Rules, 2018 (Draft Rules) for objections and suggestions. The key highlights of the Draft Rules are broadly set out below: International Applications: Patent agents will be required to file all documents, including scanned copies of documents, only by electronic transmission at the time of […]
Amendment to S. 197 of companies act, 2013 notified: Government approval no longer required for enhancement of managerial remuneration
In a long awaited move, the Ministry of Corporate Affairs (MCA) has notified the provisions of the Companies (Amendment) Act, 2017 (CA Amendment Act), relating to managerial remuneration, which are now in force with effect from 12 September 2018. By way of a notification, the amendments to Section 197 and Schedule V of the Companies […]
Bombay High Court refuses anti arbitration injuncton against arbitration proceedings on the question of appointment of the tribunal
On 17 December 2018, the Hon’ble Bombay High Court (Court), in Ravi Arya & Ors v. Palm View Overseas Limited & Ors, passed an important order in relation to an antiarbitration injunction sought by the Plaintiffs in the matter, against an arbitral proceeding seated in Mumbai. The Court held that a challenge to the constitution […]
FTSE 100: adviser management trumps tech in reducing legal spend
FTSE 100 companies have had most success in reducing spend by improving their management of outside counsel rather than using technology, new research by The Lawyer has revealed.
Integration between cloud platform and case management system
Tikit, provider of technology solutions for law and professional services firms, recently announced the integration of NetDocuments cloud platform into Tikit Partner for Windows (P4W), its flagship practice and case management application. The cloud-based platform allows users to work securely anytime, anywhere and on any device. Its integration with P4W Case Manager means NetDocuments can either be […]
Sullivan tops M&A rankings for 2017 as deal flow steadies
Sullivan & Cromwell has retained its crown as the most dominant M&A adviser for 2017, while Freshfields Bruckhaus Deringer was the only magic circle firm to gain a place in the global top 10.
Vinson boosts partner numbers with three made up in London
Vinson & Elkins has announced one of its largest ever promotion rounds in London, with three lawyers being made up.
Slaughters’ bet on William Hill is a big win for Ashurst
GVC Holdings’ approach for Ladbrokes Coral last week proved once again that the gaming sector shows no sign of slowing down.
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KPMG muscles in on Hong Kong legal market with six-lawyer team
Big Four accountancy firm KPMG has extended its legal services network to Hong Kong, targeting a headcount of 20 lawyers for its newly-established legal outfit in the region. The new firm called SF Lawyers is being set up by former Harneys counsel Shirley Fu, who started her professional services career with KPMG back in Australia in 2004. […]
Gowling WLG sells Monaco office in shift from private client work
Gowling WLG’s Monaco office has been acquired by an advisory firm, nearly two decades after legacy firm Lawrence Graham launched private client-focused operations in the principality. The office has been acquired by advisory firm Maitland, with the new entity being renamed as Maitland Advisory (Monaco). It will be led by former Gowling partner Peter Walford, who will now […]
Signature ups stakes in international disputes with Paris launch
Litigation boutique Signature has launched its second overseas office with two lawyers from Hogan Lovells, including its former head of Paris disputes. The firm has hired Hogan Lovells partner Thomas Rouhette to establish a three-partner site in the French capital. Rouhette had been head of litigation at the international firm and is joined by Hogan […]
Fieldfisher debuts stand-alone funds firm to skirt panel conflicts
Fieldfisher has debuted a new firm that will focus exclusively on the hedge fund market and work with businesses in the alternative investment management area. Located at 1 Mayfair Place, a hedge fund hub, specialist firm Cummings Fisher will deal with derivatives and investment funds and will be helmed by Claire Cummings, who launched Cummings […]
MoFo launches first London real estate practice with Reed Smith hire
Reed Smith’s head of private equity real estate, Oliver s’Jacob has left to join US counterpart Morrison & Foerster as its first real estate partner in London. s’Jacob becomes MoFo’s first and only real estate partner in London, following on from the arrival in late 2017 of partner Florian Ehrich, who joined to build out the real […]
Not Freshfields this time, but Weil: Kirkland makes second partner hire of the year
In what has already been a busy January for Kirkland & Ellis‘s City operations, the firm is gearing up to hire another new lateral from Weil Gotshal & Manges. The Lawyer understands that Weil’s most senior tax lawyer in London, David Irvine, has resigned for Kirkland. Irvine started his career at Deloitte in Australia as a tax […]