Norwich Union legal staff facing costs cull

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SEBI introduces exemptions for companies undergoing insolvency

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

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By Norman Turvey Appleby Hope & Matthews had been AlphaLaw users for many years, and had reached the limits of being able to take the software any further. In order to maximise efficiencies and ensure their software would be able to meet their needs in the future, the decision was taken to review their current system […]

GDPR risks for retailers

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Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Eversheds launches fresh redundancy talks

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Two UK firms fall victim to the crunch

The economic crisis has claimed its first two substantial victims in the British legal sector. The economic crisis has claimed its first two substantial victims in the legal sector. London firm Saunders Solicitors, which had 10 partners and a turnover of £2.5m, was wound up in October by administrators BDO Stoy Hayward, drafting in a […]

LSC job cuts spark fears for access to justice

The Law Society has warned that access to justice could be adversely affected after the Legal Services Commission (LSC), which runs the legal aid scheme, cut 600 jobs. As revealed by TheLawyer.com (4 November), the LSC is to shrink its ­headcount from 1,700 to 1,100 by 2011 in a bid to reshape its business support […]

Taylor Wessing half-year: turnover down 1 per cent

Taylor Wessing‘s half-year UK revenues have decreased by 1 per cent on the same period last year to £42.6m. However, growth overseas has taken total turnover for the half-year at the firm up by 9 per cent to £84.7m, with fees billed in foreign offices now having almost overtaken the UK. A spokesperson for the […]

Bird & Bird turnover surges 30 per cent at mid-year

Bird & Bird has recorded an incredible 30 per cent rise in turnover at the half year point. The firm brought in £85m for the first six months of the 2008-09 financial year. Half of this was accounted for by recent mergers. The firm merged with 30-lawyer firm Lane & Partners last month (TheLawyer.com, 22 […]

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