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
Proposed amendments to Trade Union Bill, 2018
By Vinay Joy, Luv Mohan Saggi The Trade Unions Act, 1926 (Act) provides for the constitution and registration of trade unions in India. The Act defines a trade union as “any combinations, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers or between workmen and workmen, or between […]
Taxpayer with no role in share transfer outside India is not taxable in India
The Madras High Court (Court) recently ruled in favour of the Taxpayer (M/s WABCO India Limited v The Deputy Commissioner of Income-tax, W.A.No. 884 of 2018 and C.M.P Nos. 8825 and 7726 of 2018) holding that the Taxpayer could not be taxed in India when it had no role to play in a share transfer […]
Supreme Court clarifies Arbitration and Conciliation Act – Allows factual enquiry
By Udayarkar Rangarajan, Praveenkumar Hiremath A full bench of the Hon’ble Supreme Court of India (the Court) in the case of United India Insurance Co. Limited v Hyundai Engineering and Construction Co Ltd & Ors (Civil Appeal no 8146 of 2018) has clarified that the observation of the Court in the case of Duro Felguera SA […]
Inter-branch services – Employee Cost
By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]
Supreme Court – Moratorium under Insolvency Code doesn’t apply to personal guarantors
By Gaurav Juneja, Aayush Jain In a significant ruling having widespread ramifications, the Hon’ble Supreme Court (Court) on 14 August 2018 pronounced its judgment in the case of State of Bank of India v V. Ramakrishnan & Anr (Civil Appeal No. 3595 of 2018). The Court held that the period of moratorium under Section 14 of […]
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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Wave of partners call time on Goodwin Procter
Corporate duo Mark Soundy and Sarah Priestley are leaving Goodwin Procter after a two year stint at the firm, The Lawyer understands, just days after the US firm lost a tax partner to Greenberg Traurig.
The 60 second interview: More efficient use of data will be a game changer
Shoosmiths partner David Jackson talks to The Lawyer ahead of his session at In-house Counsel as Business Partner 2018 in association with EY.
Tchenguiz costs rise to £24m after withdrawing ‘failed’ claim
The withdrawal of Robert Tchenguiz’s accusations against the accountancy firm Grant Thornton and a number of other businesses will cost the property mogul nearly £24m as a result of a High Court judgment passed down yesterday. Mr Justice Robin Knowles ordered Tchenguiz to pay £11.2m to Travers Smith client Jóhannes Jóhannsson of the collapsed Icelandic bank […]
Slaughters M&A: Last of the City big beasts set to bow out alongside Boardman
Weeks after the announcement of Nigel Boardman’s impending retirement next April, it can be revealed that another Slaughter and May stalwart is also due to hang up his boots this year. Corporate M&A partner William Underhill will bow out of the firm this December after 28 years in the firm’s partnership. He joined the firm […]
Bakers picks Florida for third business services centre
Baker McKenzie is set to open its third support centre in Florida as it kickstarts a business services overhaul. The service roles that will be based in Tampa, Florida, include legal services, finance, IT, knowledge management, operations, business development, marketing and communications, and talent. The new office is expected to employ 300 people and will […]
The new European front: Kirkland hires Linklaters duo to launch in Paris
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.