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.
As a relatively new sector, fintech still requires some ‘fine-tuning’ to develop into a more robust, stable, and profitable industry. Frank Wessely, a managing director in our Restructuring and Insolvency team looks at the most pressing issues facing the sector.
As retailers fall under increasing pressure due to shifting behaviours and COVID-19 restrictions, the high street continues to feel the impact, with major names disappearing one by one.
Given the ongoing impact of the Covid-19 pandemic, it is timely for us to look closely at material adverse change clauses in the context of a business acquisition.
It has certainly been a profound start to a new decade thus far, and after the events of 2020, what have we noticed in terms of new stock exchange listing trends and what do we anticipate for this current calendar year?
As the impact of COVID-19 continues to affect us all, the UK government’s continued restrictions on travel means further challenges for UK business.
The world is changing. At lightning-fast speed. This white paper, prepared as part of The Lawyer’s Smarter Working Week, looks at the main drivers for change in more detail and how you can prepare for ‘change3’.
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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.
Fans of celebrity showdowns will be denied their thrills this year following the Duchess of Sussex’s successful application for summary judgment against Associated Newspapers, but the Daily Mail’s favourite law firm still has a full pipeline for 2021. Over the last few years RPC partner Keith Mathieson has also fastened his grip on defence work […]
UK law firms are starting to pay back employees’ salaries as the economy recovers.
Simmons & Simmons has introduced a long-term working policy inspired by the changes brought about by the pandemic. The firm will introduce a hybrid working system that allows employees to work up to two to three days per week from home when restrictions are lifted, as agreed with line managers. Over the coming months, country […]
New Look general counsel Laura Battley has moved across to Watches of Switzerland, less than two years after the latter’s listing on the London Stock Exchange. Battley joins the FTSE 250 British watch retailer after five years as GC and company secretary at New Look. She began her legal training at Slaughter and May in […]
Norton Rose Fulbright‘s (NRF) decision to shelve its salary freeze means pay reviews and increases will take place in April. This will apply to all members of staff at the firm, including fee-earners and those in business services. The removal of pay restrictions means the firm has abolished all of its original measures put in […]
Kirkland & Ellis has lost another City finance partner, as one of its regulatory specialists moves to Irish firm Arthur Cox. Sarah Thompson, who was formerly a partner in Kirkland’s financial services regulatory group, joins the firm in Dublin. She arrived at Kirkland as a partner in 2018 from Linklaters’ financial regulation group, where she […]
Simpson Thacher & Bartlett has added a funds partner to its London office, a day after announcing the hire of Blackstone’s EMEA general counsel Geoffrey Bailhache. The US firm has taken on Kirkland & Ellis’ James Board, a member of its funds practice. He joined as a partner in 2017 from Ropes & Gray, where […]
Linklaters has hired Jonathan Jones QC, the former Treasury Solicitor and head of the UK Government Legal Department (GLD), months after he decided to leave his post. Jones’ departure was revealed last August as the UK Government faced scrutiny over its plans to clarify parts of the Northern Ireland protocol, which formed a section of […]