Latest Briefings

Employee ownership: getting the best from your trustees

When a business chooses to transition to employee ownership (EO), a trust must be established for the benefit of the employees of the company. The trust becomes the legal owner of the company shares, and the trustees are appointed to the board of that trust. Their role is to protect the interests of the employees as shareholders.

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Hogan Lovells pays tribute to corporate partner Richard Diffenthal

Hogan Lovells has announced that City partner Richard Diffenthal has sadly passed away. Diffenthal, who was 40, was a homegrown Hogan Lovells corporate talent, having trained at the firm before making partnership in 2016. His wealth of experience covered the full range of corporate practices, including equity capital markets, joint ventures and corporate advisory work, […]

Gherkin Kirkland

Kirkland takes more space in the Gherkin as headcount swells

Kirkland & Ellis has signed up for an extra floor in The Gherkin, The Lawyer understands, as its considerations around new London digs drag on. The US firm is understood to have signed a short-term, four-year lease that will also see it add the 27th floor to its real estate footprint. It is understood that […]

Slaughter and May

Slaughters’ hourly fees revealed in latest Government mandate

The hourly rates of a Slaughter and May team involved in a multi-million-pound UK Government mandate were disclosed in public records released earlier this week. The firm won a contract worth £3.9m to provide legal advice and support services to the Ministry of Housing, Communities and Local Government around a project to help homeowners who […]

Monzo

Monzo set for in-house overhaul after GC hire

Monzo’s new general counsel has outlined her plans to re-engineer the challenger bank’s lawyers to equip them for digital disruption. Stephanie Pagni joined Monzo from Barclays in March as its GC and company secretary, filling a void left by the departure of head of legal James Sullivan. Founded six years ago, Monzo was the UK’s […]

exit

Macfarlanes tax partner quits for Kirkland

Kirkland & Ellis is replenishing its tax team with the hire of a Macfarlanes partner, two months after securing a funds recruit from the same firm. Peter Abbott is leaving Macfarlanes’ tax group after five years as a partner. He trained at Macfarlanes and was later a visiting attorney at Wachtell Lipton Rosen & Katz. […]

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