Unbundling a market — the appetite for new legal services models

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Clifford Chance CC
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Revenue hits £1.359bn at Clifford Chance, PEP up 16 per cent to £1.14m

Revenue soared to its highest-ever level at Clifford Chance in the 2013/14 financial year to reach £1.359bn, 7 per cent boost on the £1.271bn turnover posted at the end of the previous financial year.  Average profit per equity partner is up 16 per cent from £1m in 2012/13 to £1.14m (8 July 2013). It is […]

funchal madeira

Portugal’s PLMJ signs cooperation agreement with Madeira firm

Portuguese firm PLMJ has signed a new cooperation agreement with two-partner Madeira firm Mendes Londral & Associados (ML&A) in an extension to its network. The agreement adds a fifth region to PLMJ’s network of ‘partner’ firms, which already includes firms in the Portuguese cities of Coimbra, Viseu and Guimarães as well as the Azores. It […]

Hong Kong city

Hong Kong: new influences

US and regional firms are loosening UK firms’ grip on the market, and IPOs are not the big financial prize they once were  For decades Hong Kong has operated as the centre for Asia’s financial capital in its broadest form. Capital markets work has been the main source of income for the big firms in […]

London

Trio of City boutiques team up with Buzzacott to launch professional advisory service

Boutique firms CM Murray, Hierons and Maurice Turnor Gardner have joined forces with chartered accountants Buzzacott to go to market as a one-stop-shop for professional practices. Collectively dubbed the Professional Practices Alliance, the firms aim to pool their resources in a bid to capture the lion’s share of advisory work to professional services firms. In […]

Abu Dhabi

Clyde & Co hires Eversheds’ Middle East chairman

Eversheds’ Middle East chairman Christopher Jobson has joined Clyde & Co as a partner in the firm’s Abu Dhabi office. Jobson left Eversheds on 30 June and the firm has no plans to install a new chairman in the region. He will start work at Clydes on 1 September. Jobson has been practicing litigation and […]

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