Manhattan firms merge

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Perrin’s View

The heart of the relationship between a law firm and its lawyers is a healthy balance between the effort and achievement of the lawyers on the one hand and the remuneration and career progression offered by the law firm on the other. If the law firm substantially alters one element of this deal, it is […]

Private firms in state of grace

Abigail Townsend reports on how the Australian legal market is being shaken by panel reviews and globalisation. As in any legal market in the world, the driving force behind the changing fortunes of Australia’s law firms are the clients. But unlike many other economic centres, the largest Australian companies are also demanding more and more […]

Splitting services

The notion that top flight firms will change their full-service ethic on the whim of a Dutch lawyer is absurd. But the logic of Ralph Kroner’s argument and the support his speech gained from the world’s largest practice (see pages 16-17) serves as a wake-up call to complacent firms which think they have got their […]

News in Brief

Weil Gotshal & Manges‘ London office has recruited a senior assistant from Clifford Chance to set up its European consumer finance practice. Andrew McLean, who will become a partner specialising in corporate, commercial and consumer finance trans-actions, has been at Clifford Chance for 12 years, working in both its London and Tokyo offices. Eversheds is […]

BBC loses head of IP after shake-up announcement

A BBC management shake-up has led to the departure of the broadcaster’s head of the intellectual property and litigation department. Fred Croft, who was also responsible for commercial, programme and regulatory legal matters, says that the recently announced internal reorganisation at London’s Television Centre acted as a catalyst in his decision to leave the BBC […]

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