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10 stumbling blocks in a business exit

Every business exit is different and a seller’s requirements will vary depending on the nature of their target business, the parties involved and the wider commercial climate. Even so, common issues crop up regularly.

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Clifford Chance reduces global bonus pot in latest Covid-19 cut

Clifford Chance is reducing the firm’s global bonus pot as part of its latest response to the Covid-19 crisis. The firm declined to comment on how much the bonus pot will be reduced by, however, The Lawyer understands that, the reduction will not be more than 20 per cent. This is the latest measure to […]

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My Pride Story: Our job is to ensure coming out gets easier, for everyone

With the benefit of hindsight, coming out at work was surprisingly easy. But it followed a lengthy period of sleepless nights. For a long time I kept my private life completely separate from my career; it was one of those subjects that I never really got drawn into conversations about. I mangled sentences desperately looking […]

hong kong

Proskauer to trim Hong Kong headcount after strategic review

US firm Proskauer Rose has become the latest firm to make redundancies in Hong Kong as its office lease runs out. Proskauer is understood to be cutting the number of is Hong Kong-based fee-earners in half following a year of disruptions and challenges brought by the pro-democracy protests and the Covid-19 pandemic. According to Hong […]

Abu Dhabi

Oil giant ADNOC appoints inaugural panel

Abu Dhabi National Oil Company (ADNOC) has appointed its first-ever formal panel of external legal advisers, The Lawyer understands. The state-owned oil company has finalised a core roster of law firms that will provide the bulk of the advice needed to conduct its operations. The roster is understood to include Allen & Overy, which has […]

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