McGrigors set for City office redundancies

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Latest Briefings

The Commercial Agents Regulations: a step behind the times?

By Alex Williamson The Commercial Agents (Council Directive) Regulations 1993 (the Regulations) are 25 years old this year. An evaluation by the European Commission concluded in 2015 that the underlying Commercial Agents Directive (the Directive) still met its objectives and functioned well. However, a recent Court of Appeal decision has shown that the legislation is struggling to […]

Exclusion clauses under the spotlight: UCTA reasonableness

By Perran Jervis In decisions handed down one day apart, the Court of Appeal concluded that a far-reaching exclusion clause which limited liability for negligence was reasonable under the Unfair Contract Terms Act 1977 (UCTA), whereas an exclusion clause in a lease (in the form of a non-reliance clause) was not. The decisions emphasise that […]

Currency, cost calculations and contractual clarity

Walker Morris’ Head of Commercial Dispute Resolution, Gwendoline Davies, highlights the importance of dealing comprehensively and clearly with matters of currency and calculation in cross-border contracts…

Belgian draft Trade Secrets Act: opportunities for the life sciences sector

On 8 June 2016, the EU Trade Secrets Directive was adopted. The main purpose of the Directive was to harmonise and enhance the protection of trade secrets EU-wide and to thus create an innovation-friendly environment for businesses. The EU Member States had to implement this Directive by 9 June 2018. Belgium missed the deadline, but […]

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Pastures new for Freshfields

What do Wachtell, Cravath and Sullivan & Cromwell have in common? If you answered they’re the only three remaining top 50 US firms with higher average profits per partner than Freshfields Bruckhaus Deringer, you win a free bagel. Last month, in The Lawyer’s Transatlantic Elite 2008, we hinted at the UK-headquartered firm’s astonishing 2007-08 performance. […]

Ashurst raises NQ pay to £65,000

Ashurst has announced a modest pay rise for newly-qualified lawyers, which will see the group paid £65,000, an increase of £1,000 on last year’s salary. The 1.5 per cent increase is a dramatically lower than last year’s rise, when the firm announced pay increases for NQ lawyers of 16 per cent. Ashurst abolished its PQE […]

Childs ‘pleased’ despite drop in CC’s growth rate

Clifford Chance global managing partner David Childs said he was pleased with the firm’s 2007-08 financial performance, despite seeing a slowdown on the previous year’s rate of growth. Over the last financial year the firm saw revenue rise by 11.8 per cent to £1.33bn, while average profit per equity partner (PEP) jumped by 12.7 per […]

Top firms retain FTSE stranglehold amid tough times

In the past three months several of the FTSE100’s biggest names have fallen victim to takeovers, leaving City firms to wave goodbye to some of their most prized clients. But, as the new quarterly Hemscott rankings show, it will take something more dramatic to shift the top legal advisers to the UK’s largest companies. Slaughter […]

Ward Hadaway opens in Leeds with raids on rivals

Newcastle-based Ward Hadaway is to open in Leeds after poaching five partners and two associates. The eight lawyer Leeds office, Ward Hadaway’s first base outside its northeast heartland, will open in July and be headed by corporate partner Andrew Hoyle, former senior partner of Tyneside rival Watson Burton, where he also masterminded that firm’s expansion […]

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