Offshore firms turn to restructuring to weather downturn

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Latest Briefings

What is artificial about ethical AI in legal industry – Everything

By Andy Neill What is ethical AI? In 2017, the Select Committee on Artificial Intelligence was appointed by the House of Lords. Their role is to consider the economic, ethical and social implications of advances in artificial intelligence. As part of their 2017-2019 session report, they suggested the following AI code: 1. Artificial intelligence should […]

Are you a data security weak link?

By Michael Hall Data loss, malware, and hackers; you hear about them all the time, but that has nothing to do with you, right? Sadly, that’s not the case. For legal firms, corporate legal departments and financial institutions who handle massive amounts of confidential data, the threat of breach due to human error is ever-present. Each […]

Inter-branch services – Employee Cost

By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]

Real Estate Disputes

By Malcolm Simpson What’s the current extent of disputes currently surfacing in the real estate sector? What are some of the most common causes of dispute? To what extent are tough economic conditions and increasing project complexity fuelling real estate disputes? To answer these questions and more, Malcolm Simpson Managing Partner of Walker Morris LLP offers […]

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Sidley posts 7.4 per cent revenue increase for 2008

Sidley Austin has hiked revenues by 7.4 per cent for the last financial year. Sidley Austin has hiked revenues by 7.4 per cent for the past financial year. Sidley, the latest US firm to announce its 2008 results, posted an increase in revenue in 2008 from $1.38bn up to $1.48bn. Average profit details are not […]

Gibson Dunn revenue up, PEP dips

Gibson Dunn & Crutcher has announced a 5.44 per cent revenue hike for the 2008 financial year. Firmwide revenue grew from $907.7m in 2007 up to $957.1m last year, while profit per equity partner (PEP) saw a dip of 1.32 per cent from $1.9m down to $1.87m. The US firm made significant investment into its […]

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Lovells’ new Dubai head heralds rejig

Lovells’ decision to ­parachute London-based corporate partner Nick ­Parden into Dubai as joint office head is part of a ­strategic refocus of the firm’s Middle East presence. As revealed by TheLawyer.com last week (5 ­February), current Dubai head Shibeer Ahmed has resigned and will leave Lovells at the end of April. The firm has no […]

Freshfields named as Olympic adviser

Freshfields Bruckhaus Deringer has been appointed the official legal services provider to the London Organising Committee of the Olympic and Paralympic Games. The firm has been hired alongside a range of other sponsors – Deloitte is the sole accountant and British Airways the sole ­airline – and will provide advice pro bono. Freshfields London managing […]

Clarke Willmott makes social housing hire

Clarke Willmott has boosted its social housing group by recruiting Ann Hayward, an Eversheds partner of 16 years. She joins the firm as a specialist consultant on social housing finance. It is Clarke Willmott’s second major hire of 2009. Last month the Birmingham-headquartered firm recruited Bevan Brittan head of tax Christine McElroy as a partner. […]

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