The minting, transfer and even the sheer existence of NFTs require a lot of energy. But what is the reason for all this energy consumption and are there regulatory instruments to curb it?
Act of parliament paves the way for Austria to achieve its environmental goals
A law implementing, among others, Directive (EU) 2019/878 amending Directive (EU) 2013/36 (Capital Requirements Directive – CRD V) has been passed by the Austrian Parliament and Federal Council, and has been published in the Federal Gazette. CRD V (as part of the package together with Regulation (EU) 2019/876 amending Regulation (EU) 575/2013 – CRR II) […]
If you are following our NFT self-experiment, you already know what an NFT is and what it stands for. If not, you might want to read more. The following article addresses a random first choice of civil law, contractual aspects to be precise, which the authors think are worth considering before you buy (or sell) […]
Hungary is one of the first countries in CEE to fully implement Directive 2019/790 on Copyright in the Digital Single Market (“CDSM Directive”) and Directive 2019/789 (“SatCab 2.0 Directive”). The so-called “Copyright Reform Act” (Act XXXVII of 2021) was published in the Official Gazette on 6 May 2021, and the majority of the new rules […]
Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.
Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.
Alex Barr, Managing Director of Third Bounce, talk about how law firms can increase their profitability.
The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.
Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?
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Three Lions on the shirt, but who’s the best in Europe?
The combination of inflation and a busy year for corporate law firms should drive up associate salaries.
Another year, another law firm IPO. And this time it’s Travers that will be picking up the fees from Mishcon.
Paul Weiss’s London office is very profitable but could do with a few more partners.
Law students increasingly view US firms as more attractive places to work.
Yingke’s franchise like model has enabled it to double in size in the last five years.
Reed Smith is to review its admin function, in a process that will entail voluntary redundancies across its network. The firm has started a firmwide project called “Connectivity Initiative” that was launched in November 2020 to examine the effectiveness of its support function. As part of the process, the firm is offering a voluntary redundancy […]
The over retention of data poses numerous risks and added costs, especially around privacy, security, and GDPR compliance. But removing the blockers for data disposal and implementing a robust records management and information governance program is no easy feat. In-house counsel and records management teams of companies across every industry are struggling to remove barriers […]
Inmarsat’s VP for legal affairs has taken on a new role at a business advisory company, six months after the departure of general counsel Trudy Cooke. Christian Fahey joins Washington-headquartered Ankura as executive director and associate GC for EMEA and APAC as its first international lawyer, after nearly five years at satellite company Inmarsat. In […]
Clifford Chance is postponing the implementation of its long-term UK remote working policy, in light of potential changes in the Government roadmap. The magic circle firm has communicated internally that its policy will kick off in September rather than June. The Lawyer revealed the new arrangements in late April, which were announced as the firm […]
Clyde & Co’s North American and Canadian chair has been elected as the firm’s new senior partner, after former leader Peter Hirst stepped down last year. Montréal-based Carolena Gordon has taken the top job, winning the election against UK partners James Cooper and Chris Murray. Gordon is the first partner from outside the UK to […]
Dentons has completed its business services consultation, resulting in over 60 voluntary redundancies. The consultation was launched at the beginning of the year and impacted up to 87 roles. Dentons confirmed that 67 employees (35 secretaries and 32 business services staff) opted for voluntary redundancy while two roles were cut. In addition, six secretaries and 14 […]
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