Manches votes out traditional lockstep

Manches has overhauled its management structure and its equity partner remuneration scheme

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Hewitsons' investment unit links with Birketts

Regional law firms Hewitson Becke + Shaw and Birketts have brought their investment units together to create a new company Hewitsons, which has offices in Cambridge and Northampton, and Ipswich firm Birketts have merged their investment units together to create Affinity Investment Management. The move was prompted by the stringent demands of the new Financial […]

Nelsons construction dept suffers exodus

A sizeable chunk of Nottingham-based firm Nelsons’ construction team has departed for local rival Browne Jacobson The move comes as Nelsons restructures its construction department following the loss of key partner Leslie Gray, who died in the Hatfield rail disaster.Partner Russell Deards has moved to the Nottingham office of Browne Jacobson together with a solicitor […]

The IT factor

IT has opened many doors, but contractual problems are rife. Nick Holland reports on the potholes and safety nets We often hear about IT contracts going wrong or ending in dispute. Perhaps the most classic example of this reached the public consciousness two years ago – the problems with the issuing of passports due to […]

Pillsbury cuts first year salaries as technology downturn impacts

San Francisco-based Pillsbury Winthrop has sliced $10,000 (£7,000) off its salary for first year associates The move comes as Bay Area firms fight the technology slowdown through a variety of cost-cutting initiatives.This year, the firm’s new associates will receive an annual salary of $125,000 (£87,500), down from $135,000 (£94,500). Pillsbury’s stance on remuneration mirrors similar […]

Law Society to decide if Bahl inquiry is necessary

The Law Society is holding a special general meeting on 31 January on whether to set up an independent inquiry into the Kamlesh Bahl affair Last July the society was found liable for sexual and racial discrimination against its former vice-president.The call for an inquiry has come from Bahl, with the support of Imran Khan. […]

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