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. […]
Allen & Overy (A&O) has made two senior appointments to its advanced delivery unit in an attempt to coordinate efforts among the firm’s multiple innovation groups. Senior banking partner Andrew Trahair will serve as head of advanced delivery, a unit tasked with developing resourcing strategy and technologies to reboot innovation at the 130-year-old firm. The […]
These are The Lawyer‘s Top 20 cases to look out for in 2019.
Mirroring a claim already filed by the firm in New York, Quinn Emanuel Urquhart & Sullivan is battling six major banks in London over allegations that they conspired to manipulate the foreign exchange market. Quinn is the first firm to file a charge on these grounds in Europe. London co-head of competition litigation Boris Bronfentrinker has filed […]
CEOs of more than 50 high street retailers have today written to the Chancellor calling for reform on the ‘broken business rates system’. Business rates have, they say, increased by over 50% since the 1990s and are in part responsible for the collapse of some high street brands. Collyer Bristow, whose clients include many retailers […]
By Aidan Grant The new figures released by HMRC are not surprising given the tax legislation that has been introduced steadily over the last 10 or so years, which has been designed to attack the tax regime available to non-domiciliaries resident in the UK. That said, the “non-dom” regime is still a very effective planning […]
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 […]
By Imogen Jones The Information Commissioner’s Office (ICO) in a collaboration with The Alan Turing Institute (The Turing) has created Project ExplAInto which aims to create practical guidance to assist organisations with explaining artificial intelligence (AI) decisions to the individuals affected. The ICO and The Turing conducted public research to gather information about the views […]
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 […]
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. […]
Allen & Overy (A&O) has made two senior appointments to its advanced delivery unit in an attempt to coordinate efforts among the firm’s multiple innovation groups. Senior banking partner Andrew Trahair will serve as head of advanced delivery, a unit tasked with developing resourcing strategy and technologies to reboot innovation at the 130-year-old firm. The […]
These are The Lawyer‘s Top 20 cases to look out for in 2019.
Mirroring a claim already filed by the firm in New York, Quinn Emanuel Urquhart & Sullivan is battling six major banks in London over allegations that they conspired to manipulate the foreign exchange market. Quinn is the first firm to file a charge on these grounds in Europe. London co-head of competition litigation Boris Bronfentrinker has filed […]
Latham & Watkins is one of the heavy hitting City firms that have been ushered in to advise on the next chapter of New Look’s restructuring saga, following the arrival of Sidley Austin’s Yen Sum last year. Sum, who moved to Latham after a short spell at Sidley in 2018, won a place for the bondholders […]
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It’s been a week that litigation funder Burford Capital would rather forget, while legal tech providers have flocked to offer services on the new “one stop” solution for the industry. Here are the key takeaways. Reynen Court’s one-stop shop still has much to prove Reynen Court, the platform claiming to be a “one-stop” tech solution […]
Fieldfisher‘s top of equity has seen a record-breaking rise in the financial year 2018/19, growing by 34 per cent from the previous year’s £3.2m, The Lawyer has learned. The firm’s equity spread last year ranged from £250,000 to the new high of £4.3m, creating a considerable differential. The record rise comes as the previous year […]
Linklaters has developed new technology to reduce the amount of time taken to search through the firm’s massive amounts of historical legal documents. The tool, called MatterExplorer, is an artificial intelligence solution conceived as a knowledge management system. During the development process, consultants from iManage RAVN collaborated with the firm’s technology team. MatterExplorer digs out and […]
Litigation funder Burford Capital is considering whether to pursue an IPO on the New York Stock Exchange or NASDAQ, after investors said they did not support it remaining solely-AIM listed. The funder, which found itself at the centre of a damning report published by Muddy Waters last week, has been listed on the London Stock […]
Reynen Court, the platform claiming to be a “one-stop” tech solution for the legal industry, has officially launched to market with nearly 50 providers already offering services including Elevate, Neota Logic and Eigen Technologies. The start-up, whose development was boosted by a consortium of 19 law firms, has struck deals with a plethora of external […]
Pinsent Masons has succeeded in its application to overturn a previous decision made by a judge, as the firm finds itself embroiled in a billings dispute with a former client. The dispute centres around bills sent by Pinsents to Rafaela Evans, whom sought advice from the firm between 2016 and 2017. Evans wished to appeal […]
