M&G calls on Lovells to launch fund for recession-hit companies

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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

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PEP falls 21 per cent at Pannone as revenue nudges up

Pannone brought in turnover of £52.5m in the 2008-09 financial year, a three per cent increase on the total of £50.8m for 2007-08. The firm’s profit margin has dropped from 27 per cent last year to 22 per cent this year. As a result average profits per equity partner (PEP) have fallen 21 per cent […]

MoJ launches schools legal education project

School pupils are to be taught how the justice ­system works as part of a national curriculum change unveiled by justice minister Bridget Prentice and ­Attorney General Baroness Scotland QC. An interactive website, called Your Justice Your World, has been designed to help young people understand the significance of the justice system as part of […]

Opinion: Downsizing in Asia?

UK or US law firm leaders operating in Asia should consider carefully the downsizing strategies used and how these are affected by the cultural nuances of the region. Downsizing is a peculiar strategy because, despite unequivocal evidence that downsized firms do not outperform non-downsized firms, it is often a first resort for management when profits […]

Shearman strikes rich vein of work in Abu Dhabi

Shearman & Sterling has seen some significant changes of late: the US firm overhauled its management structure last year, electing new practice and office heads; it has made layoffs in the US and UK this year; it also relocated some of its most senior partners to overseas offices. Creighton Condon But while the firm has […]

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Milburn: the law is too elitist

A new government paper has called on the legal industry to remove the barriers preventing those from poorer backgrounds joining the profession.  The report, chaired by social mobility czar Alan Milburn, said that high status professions like the law have a “closed shop” mentality and have become more elitist over time. It pointed to the […]

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