Latest Briefings

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

Recognition and Assistance for PRC Insolvency in Hong Kong

Synopsis A recent case in Hong Kong, has demonstrated both the ability and willingness of common law courts to recognise insolvency appointments made by the courts of the People’s Republic of China (‘PRC’), and to grant appropriate assistance at common law. It is to be hoped that this proven track record will pave the way for easier recognition of common law court appointed liquidators in PRC, where, unlike in common law countries, such recognition is subject to the principle of reciprocity.

New LCIA Arbitration Rules: In force on 1 October 2020

The London Court of International Arbitration (LCIA) recently released its updated arbitration rules (the “2020 Rules”) which will come into force from 1 October 2020 and will apply to any arbitration commenced under the auspices of the LCIA on or after this date. The 2020 Rules, in the LCIA’s own words, aim to make the arbitral processes “even more streamlined and clear” for arbitrators and parties alike. We summarise nine key changes and one omission.

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Simpson Thacher breaks through $200m mark with record London financials

Simpson Thacher & Bartlett has posted a 14 per cent rise in London office revenue for 2019, an increase of some $25m. The growth from $176m to $200.6m is the first time Simpson Thacher has exceeded $200m in UK turnover. Total qualified lawyer numbers rose from 93 to 104, a 12 per cent increase effectively […]

London city

Cadwalader successfully defends discrimination claim in tribunal

Cadwalader Wickersham & Taft has successfully defended a discrimination claim in the Employment Tribunal, which was brought against the firm by an associate. Ana Maria Knott brought a claim against the firm for indirect sex discrimination. It concerned her return to work in 2018, and whether Cadwalader’s policy of not reducing its billable hours target […]

revolut

Revolut to reveal inaugural panel as part of 2020 in-house strategy

Revolut has started a process to form its first official panel of legal advisers, as the company also launches a hunt for a global legal chief to drive expansion efforts. It marks the first panel review for the fintech company, which has so far been using preferred advisers that were not bound by specific arrangements. […]

Freshfields Bruckhaus Deringer

Freshfields retains 90% of spring qualifiers

Freshfields Bruckhaus Deringer has retained 90 per cent of its qualifying trainees for spring 2020. The firm made offers to 36 of its 39 qualifiers, with 35 accepting newly qualified job offers. Training principal Craig Montgomery said: “We are delighted that we are retaining such a high proportion of our February 2020 qualifying intake. This […]

john lewis

John Lewis holds a lesson for lawyers in more ways than one

The John Lewis (JL) Partnership model, occasionally referenced by well-meaning souls wanting to address workforce participation without sounding like Corbynite outriders, is currently looking rather strained. The JL shake-up has so far included a new chairman, a merging of two separate operations, a year-end profit slump, a third of management roles gone, projected savings of […]

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