Nabarros bags Salans corporate partner

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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McGrigors – UK 100

Turnover: £41m (estimated to end September 2004) Profit per equity partner: £238,000 Equity spread: £140,000-£350,000 (both estimated) Net profit: £10.4m (estimated to end September 2004) Profit margin: 25 per cent Salaried partner remuneration: £110,000-£140,000 Revenue per lawyer: £173,000 Revenue per partner: £788,000 Revenue per equity partner: £932,000 Cost per lawyer: £129,000 Profit per lawyer: £44,000 […]

Howrey takes over Houston litigation boutique

Howrey Simon Arnold & White has merged with Houston litigation boutique Clements O’Neill Pierce Wilson & Fulkerson. Howrey’s Houston office has bagged 22 lawyers from Clements and now has 90 in total. Prior to the merger, Clements name partners Thomas Fulkerson and Michael Wilson split to form two-office litigation boutique Wilson Fulkerson. Partner Ralph Midkiff […]

Olswang takes British Horseracing Board reins for review of funding

Following November’s landmark European Court of Justice (ECJ) judgment, the British Horseracing Board (BHB) has ordered an urgent review of horseracing funding, with Olswang partner David Zeffman selected to the four-person panel. Zeffman will provide legal input to the review group, which is headed by Lord Donoughue and also includes Rodney Brack (Levy Board chief executive) and Patrick Nixon (Bookmakers’ […]

Shoosmiths – UK 100

Turnover: £54.6m Profit per equity partner: £234,000 Equity spread: £184,000-£326,000 Net profit: £8m Profit margin: 15 per cent Salaried partner remuneration: £65,000-£120,000 Revenue per lawyer: £246,000 Revenue per partner: £840,000 Revenue per equity partner: £1,606,000 Cost per lawyer: £210,000 Profit per lawyer: £36,000 No of partners: 65 No of equity partners: 34 No of female […]

Morton Fraser – Rising 50 – 2005

Turnover: £10m Revenue per partner: £344,800 Revenue per lawyer: £140,800 Total number of partners: 29 Total number of fee-earners: 165 Total number of fee-earners (excluding consultants, paralegals, trainees etc): 71 Total number of support staff: 73 Offices: Edinburgh, Glasgow Equity structure: Modified lockstep Core business: Full service with an emphasis on banking and finance (especially […]

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