Linklaters kicks off City pay round with six per cent salary hike

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Separated at birth

White & Case London litigation head Alistair Graham should be used to performing to a crowd – after all, he’s been moonlighting as entertainer Brian Conley for years now. Conley spent most of 2005 starring in the West End musical Chitty Chitty Bang Bang, while his alter ego Graham has been busy trying to prevent […]

Deals roundup

Eircom looks to Freshfields on Babcock takeover offerFreshfields Bruckhaus Deringer, led by corporate partners David Sonter and Stephen Hewes, has cemented its ties with client Eircom by advising on a potential E2.36bn (£1.63bn) takeover offer from Australian investment group Babcock & Brown, which made a formal approach last week. Eircom has given Babcock the go-ahead […]

Pinsents threatens to sue Baker Tilly after Revenue probe

Pinsent Masons is considering legal action against its former accountancy firm after the Inland Revenue launched an investigation into a suspected underpayment of taxes by Masons. Legacy Masons partners have been formally notified of alleged accounting errors made over a number of years by previous accountancy firm Baker Tilly, which many expect will result in […]

Bedside spanner

Now how does this work? A lawyer, in the hospital with his sick mother, is apparently unable to use his mobile phone after having already been warned off by hospital staff. But that doesn’t stop our dedicated partner, who risked matron’s wrath by happily emailing away from his BlackBerry instead. Now, Tulkinghorn doesn’t profess to […]

Freshfields in talks to end all-equity model

Freshfields Bruckhaus Deringer has launched a full-scale review of its cherished all-equity partnership model, including the possibility of de-equitising partners. In what is a momentous U-turn, the magic circle firm’s senior management has confirmed that it is considering a wide range of changes to its partnership model, including the creation of fixed-share partners across the firm. The review […]

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