Magic circle trio in on £26bn drinks deal

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Latest Briefings

What is artificial about ethical AI in legal industry – Everything

By Andy Neill What is ethical AI? In 2017, the Select Committee on Artificial Intelligence was appointed by the House of Lords. Their role is to consider the economic, ethical and social implications of advances in artificial intelligence. As part of their 2017-2019 session report, they suggested the following AI code: 1. Artificial intelligence should […]

Are you a data security weak link?

By Michael Hall Data loss, malware, and hackers; you hear about them all the time, but that has nothing to do with you, right? Sadly, that’s not the case. For legal firms, corporate legal departments and financial institutions who handle massive amounts of confidential data, the threat of breach due to human error is ever-present. Each […]

Inter-branch services – Employee Cost

By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]

Real Estate Disputes

By Malcolm Simpson What’s the current extent of disputes currently surfacing in the real estate sector? What are some of the most common causes of dispute? To what extent are tough economic conditions and increasing project complexity fuelling real estate disputes? To answer these questions and more, Malcolm Simpson Managing Partner of Walker Morris LLP offers […]

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LG and Trowers break inflation barrier with trainee pay rises

LG and Trowers & Hamlins have increased their trainee solicitor salaries by inflation-busting rates, although first-year trainees are still paid marginally less than the industry average. From September, first-year trainees at LG will take home £36,000 – 20 per cent up on last year’s salary of £30,000. Second years will be paid £40,000 – a […]

1

Somerfield uses Kirkland for £1.57bn takeover by Co-op

Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield, winning a mandate from former Linklaters client Somerfield. Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield by winning a mandate from former ­Linklaters client Somerfield. Addleshaw Goddard, Allen & Overy (A&O) and Clifford Chance were also handed […]

8

Law’s arch-regulator appoints first ever board

Irwin Mitchell’s Michael Napier QC and ex Reuters general counsel Rosemary Martin are among the first-ever members of the Legal Services Board. Irwin Mitchell senior partner Michael Napier QC and former Reuters general counsel Rosemary Martin (pictured) are among the first-ever members of the Legal Services Board (LSB), which was confirmed today. Appointed by Lord […]

2

Stateside shorting rules cause havoc for lawyers

Emergency guidelines aimed at tightening the rules surrounding the short selling of US stocks and clamping down on financial market rumour mongerers left lawyers and their clients scrambling to comply yesterday (Monday 21 July). The Securities & Exchange Commission’s rules are so far limited to 19 financial institutions, including the world’s largest investment and commercial […]

Correction

In last week’s issue of The Lawyer (14 July), a feature entitled ‘Closing time’ stated incorrectly that Candu Entertainment is, or was, the operator of the Po Na Na family of bars. As a spokesman for Eclectic Bars pointed out: “Po Na Na and its associated bar brands Bondi, Embargo, Sakura and Fez are all […]

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