Latest Briefings

Food & Drink Update – September 2020

Guidance on the latest food and drink rules, including post-furlough planning and workforce measures manufacturers, Brexit and the workforce – how to prepare for upcoming changes, protecting innovation in the food & drink industry, and more.

Coronavirus business interruption test case – judgment in the “insurance case of the century”

Flaux LJ and Butcher J today handed down judgment in the test case brought by the FCA to explore whether hundreds of thousands of businesses can recover under their business interruption policies for losses caused by the pandemic, in the “insurance case of the century” – the only claim heard under the Financial List Test Case Scheme. Many of those businesses will, today, be celebrating a fantastic win for them.

Cayman Islands Update: Economic substance guidance notes V3 issued

On 13 July 2020, the Cayman Islands Department for International Tax Cooperation (the “DITC”) issued version 3.0 of the Guidance on Economic Substance for Geographically Mobile Activities (the “Guidance”) pursuant to the ES Law (as defined below). This replaces the previous version 2.0 of the Guidance issued on 30 April 2019.

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Taylor Wessing hands NQs biggest pay boost since before recession

Taylor Wessing has increased its salary for newly qualified (NQ) solicitors by 13 per cent. The firm, which formerly paid NQs £63,000 per year, has increased that figure to £71,000. Trainee salaries have not been increased, with first-years still getting at £40,000 and second-years £44,000. It is Taylor Wessing’s biggest pay rise for NQs since 2008, […]

Jones Day reveals autumn retention and hands NQs £7,000 pay boost

Taylor Wessing is to keep on 77 per cent of its qualifying trainees this autumn.  A total of 17 out of a cohort of 22 are to take on newly qualified positions at the firm. Two trainees each go to the firm’s disputes; banking and finance; corporate commercial and projects; employment and pensions; and private equity practices. The final seven […]

Reed Smith in Middle East setback as regional head joins HFW

Reed Smith‘s Middle East strategy has taken a hit just three months after announcing a Pinsent Masons team hire, with the firm’s regional managing partner exiting to open HFW‘s fifth Middle Eastern office. HFW will open up a new office in Abu Dhabi; the hires of Reed Smith regional managing partner Vince Gordon and corporate […]

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