In 2015, my colleague wrote a Legally Speaking column about virtual currencies in Bermuda, outlining how we were starting to hear about and experience them. The conversation focused more on the nature of virtual currencies, i.e. an asset without a physical form, and less on how virtual currencies could be integrated into Bermuda. The column […]
As the extension of various forbearance measures and fiscal support packages continues in response to the global pandemic, Appleby has seen an increase in structuring and restructuring activity. Corporates and corporate groups are using this time to “right size”, restructure existing debt and deploy other processes to secure sustainability and the long term future of […]
On 31 May 2021, the handbook for the prevention and detection of money laundering and the financing of terrorism for regulated financial services business (the AML Handbook) published by the Jersey Financial Services Commission (JFSC) will be updated. The amendments are made as a direct result of the consultation undertaken by the JFSC in March […]
The Government of Bermuda has recently introduced changes to assist with the process of verifying and obtaining Bermuda status for children born to parents of Bermudians, to help address concerns relating to so-called ‘mixed status families’.
SPACs were the darling of Q1 2021 with 298 SPACs raising a total of USD88 billion, exceeding the USD76 billion raised in the whole of 2020 and representing a 2,200% increase year on year versus Q1 2020. In comparison, since 1 April 2021 only 20 SPACs have priced with commentators now questioning the market for SPACs. In this article we offer our views on why this has happened and look ahead to the future for SPACs and what may happen next.
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?
Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.Search vacancies
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 […]
The Lawyer has updated security and added new features that can't run on this version of Internet Explorer in accordance with Microsoft's end of life notice for Internet Explorer 11.
Our digital products are fully compatible with all modern internet browsers, including Chrome, Firefox, Microsoft Edge and more. You will need to access The Lawyer in one of these.
If this message continues to display, please check your system settings and change your default browser or contact your IT team.