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This year was already shaping up to be a challenging one for in-house legal teams across Europe as the UK’s departure from the EU brought with it new challenges and a plethora of new regulations to accompany existing corporate activity. And then COVID-19 hit. Teams had to adapt to new ways of working as well […]
COVID-19 and its consequences has pre-occupied business leaders throughout most of 2020. In addition, in-house legal teams across Europe are preparing for the end of the Brexit transition period. However, alongside these issues, three social forces have gathered momentum in a way that may bring positive change for businesses. There is an opportunity—and a need—for […]
Over the course of 2020 much of what businesses regarded as normal changed, almost overnight. As a result, every business has had to review its strategy. For legal departments, this has meant adopting simultaneous responsive and proactive stances as they help their organisations negotiate change brought on not only by COVID-19 and the resulting business disruption, but also by events that have forced serious conversations about racial injustice.
A new report, Transforming Women’s Leadership in the Law Global Report 2020, shows the extent of the gender diversity problem at senior levels in law firms, providing a baseline from which future progress may be measured. The study also investigated barriers to women’s progression into senior leadership roles and sought to evaluate the ‘effectiveness’ of each approach to overcome those barriers that was identified, both as perceived by law firms and through numerical analysis.
By Nayeem Syed As Covid-19 fundamentally challenged the global economy, organisations scrambled to keep the lights on, and collectively, they conducted a giant remote working experiment. Despite some early underestimations, governments injected unprecedented fiscal stimulus, providing vitally necessary confidence ensuring capital flowed and trade occurred. Putting aside the health tragedy, knowledge workers managed well. Their […]
On 24 February 2021, Mrs Justice Moulder gave judgment on a long-running claim for alleged fraud brought by Tatneft, the fifth largest oil company in Russia, against four Ukrainian businessmen. Moulder J dismissed the claim on grounds it was time-barred and the pleaded “harm” would not qualify as such under Article 1064 of the Russian Civil Code.
In this edition of TTP Finance, we share our views on some legal developments in the CEE region that will be relevant in the fallout of the COVID-19 pandemic.
This update briefly analyses the limited practical consequences of this addition to the Monitoring List for clients using Cayman Islands vehicles.
Volatile markets and economic downturns typically lead to increases in commercial litigation. Onshore proceedings can commonly involve offshore structures and we anticipate a growth in cases requiring the recognition and enforcement of foreign judgments.
The initial focus following the signing of the Paris Agreement was on the commitments made by governments from around the world to take action to combat climate change. The term climate finance was equated with the financial resources committed by governments for investment in the transition to a climate neutral global economy.
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Search vacanciesThe demographics of the legal market are in flux with Covid 19 creating the conditions for a generational shift in working patterns.
With the arrival of the Akin Gump team, A&O’s US bench has doubled at a stroke.
Calls for reform of the CMA will be music to the ears of claimant litigators.
If Latham’s growth rate continues unabated, its future home could end up offering proportionately less space per staff member.
DMH Stallard has reached critical mass size – but it now has more work to do to secure its future.
Fans of celebrity showdowns will be denied their thrills this year following the Duchess of Sussex’s successful application for summary judgment against Associated Newspapers, but the Daily Mail’s favourite law firm still has a full pipeline for 2021. Over the last few years RPC partner Keith Mathieson has also fastened his grip on defence work […]
Bevan Brittan has handed out a 3 per cent pay rise to all its employees alongside an additional 3 per cent ‘thank-you bonus’ to be applied to the last six months and paid now. The firm had previously postponed its September 2020 annual pay review due to uncertain economic conditions caused by the Covid-19 pandemic. […]
Ropes & Gray has added a new partner to its funds team, in the same week it also launched a European life sciences group with a recruit from Arnold & Porter. Emily Brown is the latest funds joiner from Schulte Roth & Zabel. She has been at Schulte’s London office for over two years and […]
Linklaters has rolled out a platform to change the way its secretarial function operates in light of new working practices introduced during the pandemic. The magic circle firm has bought a third-party platform, called Service Now, to ensure better work allocation across its secretarial pool. With the prospect of a hybrid model split between remote […]
Covington & Burling’s London revenue increased by 12 per cent last year, as global turnover also saw double-digit growth. This is after the firm’s City growth was static in 2019, decreasing by 0.1 per cent. In 2020, the firm’s revenue in its London offering leapt to $113.6m from $101.2m. In 2015, the firm’s London turnover […]
Reed Smith, Allen & Overy and Freshfields Bruckhaus Deringer have acted on Daily Mail and General Trust’s (DMGT) £70m acquisition of New Scientist. DMGT instructed co-chair of Reed Smith’s global corporate group Delphine Currie on the purchase, alongside senior associate Daryl Cue and client relationship partner Lawrence Radley. The Daily Mail publisher picked up the […]
Simmons & Simmons has introduced a long-term working policy inspired by the changes brought about by the pandemic. The firm will introduce a hybrid working system that allows employees to work up to two to three days per week from home when restrictions are lifted, as agreed with line managers. Over the coming months, country […]