London: Lower Mid-Market

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Latest Briefings

Jersey: The Trusts Law 2018 – An insight

By Siobhan Riley, Andreas Kistler The Trusts (Amendment No. 7) (Jersey) Law 2018 (the Amendment Law), which came into force on 8 June 2018, reÊnes and further enhances Jersey’s trusts legislation, the Trusts (Jersey) Law 1984 (the Law). Since its introduction in 1984, the Law has been amended and updated periodically, the last changes having been made […]

Trust legislation in Guernsey

By Russell Clark Much of Guernsey’s economic success over the past 50 years or so has been largely due to its adaptability and flexibility to react to changing market situations and conditions. This adaptability is no better illustrated than by the island’s willingness to amend and review legislation to ensure that it retains its position within […]

Jersey lodges the draft Taxation Law 201

Jersey has lodged the draft Taxation (Companies – Economic Substance) (Jersey) Law 201- (the “Law”). The Law, once adopted, is intended to meet the commitment made by Jersey to address certain concerns raised by the EU Code of Conduct Group on Business Taxation (the “Code Group”) in relation to the need for relevant businesses to […]

Bulgaria: Companies required to register their beneficial owners by February 2019

By Gergana Roussinova Companies have until 1 February 2019 to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons (the “Commercial Register“). This obligation comes as a result of the adoption of a new Law on the measures against money laundering in March this year (the “AML Law“). Who is obligated under […]

Importance of prohibition on the collateral use of disclosed documents

By Sonia Tolaney, Sandy Phipps CPR 31.22 provides that disclosed documents may be used only for the purpose of the proceedings in which they were disclosed without the consent of the disclosing party or the Court’s permission. It is well established that this rule, known as the collateral use prohibition, applies both to the disclosed documents themselves […]

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Eversheds rolls out ‘Rapid’ disputes system to clients

Eversheds rolls out ‘Rapid’ disputes system to clients” />Eversheds is offering the dispute management system it uses with DuPont, Transport for London and Capgemini. The approach, known as ‘Rapid Resolution’, looks to ensure that Eversheds and in-house legal teams take the same approach to disputes, with the aim of driving down costs and giving the […]

From OIK to a King

King & Spalding’s launch in Germany is noteworthy for a number of reasons. (See story). Its hire of Heuking corporate partner Michael Prinz zu Lowenstein gives it instant credibility in Frankfurt. However, the recruitment of the in-house team of real estate fund Oppenheim Immobilien-Kapitalanlagegesellschaft, or OIK (never were we more glad to see an acronym), […]

Profession-wide move to merit-based remuneration tolls death knell for PQE

An increasing number of UK law firms are abandoning PQE associate lockstep systems in favour of more merit-based promotions. According to The Lawyer’s exclusive research, the majority of the top 50 UK firms have created salary systems that will make PQE redundant. Some firms still have salary ranges based on PQE, but the distribution within […]

CC names São Paulo head after Mayer Brown swoop

Clifford Chance has named corporate finance partner Anthony Oldfield as head of its São Paulo office following the departure of office head Stephen Hood. As revealed on www.thelawyer.com yesterday (5 September), capital markets partner Hood left the magic circle firm after 29 years to open an office for Mayer Brown in the Brazilian city. Hood […]

The South

It was a tumultuous year in the South West, with talent-poaching and mergers in all corners of the market.The three-year trend shows the region’s leaders even more clearly. But in terms of revenue per lawyer (RPL) last year, firms in the South fell into three distinct categories: those that soared, those in the mid-range and […]

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