It’s time to AI-xplain

Sign in or register to continue reading.

Gain access to the latest news from The Lawyer.com, our jobs board, career insight and much more.

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

Related briefings

Should inheritance tax be simplified?

By Aidan Grant The Office of Tax Simplification (OTS) has published a number of recommendations for how inheritance tax (IHT) could be amended and simplified. While these amendments do not go so far as to shake the foundations of the tax itself, nevertheless the proposals would require all practitioners to come to terms with the […]

Which parent died first and why does it matter?

By Aidan Gtant Whilst the Evening Standard is correct that the law that is being relied on in this case is “little-used”, prudent Will-drafters should always take care to consider the impact of the commorientes rule on clients and, where possible, take advantage of the potential tax benefits. The commorientes rule determines the ownership of assets where two (or […]

Sotheby’s bought by French billionaire for $3.7bn

By Francesca Palmer Sotheby’s recent troubles are well documented. From fending off the aggressive overtures of various hedge funds, to streamlining its business in an increasingly chaotic market, it has not always been able to focus on the business of selling art. Having found its White Knight in Patrick Drahi, and with the art auction […]

£15bn lost behind the sofa

New research shown exclusively to The Independent suggests a huge £15bn of assets are lying unclaimed in the accounts of the deceased. This research should serve as a good reminder to everyone that it is important that your family and professional advisors know what funds you have in what accounts. Should the unthinkable happen tomorrow, […]

Johnson proposes £3,000 tax cut for higher earners

By Aidan Grant Johnson’s announcement of his proposed tax cut is certainly grabbing the headlines but it is worth pausing to reflect on the ways it might impact professional advisors and their clients. Journalists quick out of the gates this morning have estimated that raising the threshold at which 40% income tax is paid from […]

Latest Briefings

Innovative new law opens Guernsey up to Artificial Intelligence

By Andrew Munro The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals a turning point in law for companies using Artificial Intelligence which itself represents an area of exponential growth and critical importance for future development in many areas and sectors worldwide. This exciting […]

CSSF on mandatory notifications in a no-deal Brexit context

Following the publication of Luxembourg laws of 8 April 2019 (see our previous briefing here), the Luxembourg Financial Sector Supervisory Authority (CSSF) has issued two press releases aimed at undertakings for collective investment (UCIs) and/or their managers, and certain firms currently authorised in the United Kingdom (UK) which intend to continue their activities in Luxembourg […]

Economic substance laws: the private wealth context

By Richard Laignel  Recently as part of on-going international initiatives, a large number of international finance centres (including Jersey, Guernsey, BVI and Cayman) have passed new laws requiring companies which are tax resident in such centres and also conducting certain types of activities to demonstrate that they have an adequate level of physical substance and […]

Recommended

Picture of Tallinn, Estonia, in CEE to illustrate infrastructure

HSF and Linklaters suffer blow in Estonia arbitration claim

Linklaters and Herbert Smith Freehills have failed to defeat the Republic of Estonia in an arbitration case heard in the International Centre for Settlement of Investment Disputes (ICSID). The two firms were acting for utility provider AS Tallinna Vesi and its Dutch shareholder United Utilities, whose claim dates back to 2014. They commenced proceedings against […]

Legal team cuts expected in Centrica’s company-wide cull

Energy and services company Centrica is to axe roles from its legal function, as part of the company’s wide-scale job cuts due to challenges in the energy market. The owner of British Gas and FTSE 100 constituent yesterday announced that it plans to cut around 700 management and back office jobs this summer, although the […]

LeeMark

Eversheds Sutherland takes on the Big Four with high-stakes New Law launch

Eversheds Sutherland is launching a new business built on its existing consulting platform to go head-to-head with alternative legal services providers and the Big Four accountants operating in the contract lawyer, managed legal services and consulting markets. Called Konexo, the firm’s own version of an ALSP will take on the growing challenge of rivals such […]

A&O and Weil Gotshal lead on WPP disposal

FTSE 100 advertising company WPP has called on longstanding adviser Allen & Overy for the sale of its communications business Chime Group to Providence Equity Partners. A&O private equity partner Karan Dinamani led for WPP, which has decided to part ways with Chime Group having taken on a minority shareholding in the business in 2015. […]

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here