By Tiago Correia Moreira, Joan Riscado Rapoula
Taxation
Tax year and payment dates
For personal income tax (PIT) purposes, the year coincides with the calender year. As a rules, PIT assessment must be submitted by taxpayers between 1 April and 30 June of the following year. PIT must be paid, on tax assessement made by the Portuguese tax authorities by 31 August of the same year.
Slaughter and May is to add another senior lawyer to its pensions team in the City, this time from Freshfields Bruckhaus Deringer. Charles Magoffin, a partner at Freshfields since 2010, is joining Slaughters as a senior counsel from September. Slaughters has still only ever made one lateral hire in the City, also into its pensions […]
Litigation funders will be keeping a close eye on an upcoming review into third-party funding regulation, proposed caps on returns, as well as litigation costs. The Civil Justice Council is looking to produce a full report by the summer of 2025. The review follows an increased focus on litigation funders and their role in disputes, […]
In its largest promotions round ever, Ashurst has elevated eight London lawyers to partner out of 30 worldwide. The firm has made up eight lawyers in London, as well as seven in Sydney. In total, 17 promotions were made in Ashurst’s Australian offices, meaning just five were made outside of either London or Australia. Loans […]
Frustrated Solicitors Qualifying Examination (SQE) candidates are calling on the SRA to increase accessibility to the appeals process after a results error saw 175 candidates mistakenly told they had failed their exams. On Monday last week, the SRA announced that 175 candidates who sat SQE1 in January and were told they had failed on 14 […]
The administrators of collapsed firm Axiom Ince have filed a creditors’ bankruptcy petition against its former boss. Filed at the end of last week, the petition will seek to force Pragnesh Modhwadia’s bankruptcy, The Lawyer understands, applying to the court for his assets to be taken and sold to pay debts to the administrators. Pinsent Masons […]
This reports contains: detailed analysis of 12 UK top 100 ‘City independents’ exploration of their growth trajectories and strategies amidst industry consolidation and rising costs analysis of increased specialisation within practice areas City independents firms’ efficiency
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Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
Slaughter and May is to add another senior lawyer to its pensions team in the City, this time from Freshfields Bruckhaus Deringer. Charles Magoffin, a partner at Freshfields since 2010, is joining Slaughters as a senior counsel from September. Slaughters has still only ever made one lateral hire in the City, also into its pensions […]
Litigation funders will be keeping a close eye on an upcoming review into third-party funding regulation, proposed caps on returns, as well as litigation costs. The Civil Justice Council is looking to produce a full report by the summer of 2025. The review follows an increased focus on litigation funders and their role in disputes, […]
In its largest promotions round ever, Ashurst has elevated eight London lawyers to partner out of 30 worldwide. The firm has made up eight lawyers in London, as well as seven in Sydney. In total, 17 promotions were made in Ashurst’s Australian offices, meaning just five were made outside of either London or Australia. Loans […]
Frustrated Solicitors Qualifying Examination (SQE) candidates are calling on the SRA to increase accessibility to the appeals process after a results error saw 175 candidates mistakenly told they had failed their exams. On Monday last week, the SRA announced that 175 candidates who sat SQE1 in January and were told they had failed on 14 […]
The administrators of collapsed firm Axiom Ince have filed a creditors’ bankruptcy petition against its former boss. Filed at the end of last week, the petition will seek to force Pragnesh Modhwadia’s bankruptcy, The Lawyer understands, applying to the court for his assets to be taken and sold to pay debts to the administrators. Pinsent Masons […]
