With increasing lockdowns, as well as other headwinds such as Brexit and the prospect of further tax reforms at play, what actions might be appropriate for businesses across the UK to consider taking?
Will eating in continue to be the new eating out, will the food and drink sector return to where it was before – or will it look different in the ‘new normal’? Brian Burke, director in our restructuring and insolvency team takes a look at the impact of the pandemic and what’s likely to happen next in this sector.
Healthcare has been top of the agenda globally over the last year. But as an industry sector it declined in 2020, as coronavirus took centre stage, pushing other health issues down the priority list. As the pandemic recedes, recovery is anticipated. But this may be trickier for some segments of the healthcare sector than others. Chris Newell, a managing director in our Restructuring & Insolvency team, looks at the care-home industry, as it seeks to reconcile the twin demands of care and cost, in what are its toughest circumstances to date.
Those operating businesses in the night-time economy sector have arguably felt the sharpest and most destructive impact from the global pandemic. And despite the recent launch of the All-Party Parliamentary Group (APPG) in December, there have been claims the sector has seen little to no support from the government in response to the virus.
Retailers that have lived to see 2021 will remember 2020 as the worst year the high street has had in the last 25 years with just short of 180,000 retail job losses. COVID-19 is exacerbating the divide between online retailers and the legacy of the “bricks and mortar” businesses who have struggled to establish digital routes to market. So, what will 2021 bring for one of the hardest hit sectors during the COVID crisis?
Carl Jackson gives his views on the day-to-day issues affecting businesses and what actions they can take to mitigate the challenges.
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There have been eight completed main market IPOs in 2021 so far.
The 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.
Goodwin Procter’s London revenue soared by 34 per cent in the last financial year, as its headcount too increased by nearly a third. The US firm’s London outpost saw turnover rise from $74m to $99m. Meanwhile, global revenue at the US firm increased by 11.7 per cent to $1.49bn, while profits per equity partner rose […]
Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters paid just under £10m in corporation tax to the UK Treasury, their most recent LLP accounts reveal, as rate increases formed a key part of this week’s Budget proposals to repair the economy. The figures shine a light on how UK firms are likely to be impacted by […]
Newcastle United (NUFC) has been unsuccessful in its bid to have Blackstone’s Michael Beloff QC dismissed as an arbitrator in the club’s dispute with the Premier League. NUFC, which is owned by Mike Ashley, is currently engaged in arbitration proceedings with the Premier League over the failed takeover of the club. The club brought the […]
Kirkland & Ellis has taken the lead role for the private equity bidders on the £2.3bn buyout of equipment supplier Aggreko. TDR Capital turned to Kirkland yet again after last year seeking the firm’s counsel on its £6.8bn purchase of ASDA. Partners David Holdsworth and Mark Thompson led for TDR and I Squared Capital, with […]
Clifford Chance has concluded an independent review of its partner promotion process, to ensure criteria around diversity and inclusion are being fulfilled. The firm commissioned Chicago-based consultancy Nextions, which specialises in inclusion across leadership roles, to review its path to promotion. The effort started last autumn and wrapped in time for the beginning of the […]
CMS has planted thousands of trees around the world, following its pledge to plant one for every new user of its in-house sustainability app. Last year, The Lawyer reported that the firm had created a mobile app to help lawyers reduce their carbon footprint. It came with the commitment of planting a tree for every […]
