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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Law Soc and LAG issue call for fixed cost delays

The Law Society and the Legal Action Group (LAG) have called on the Government to delay the introduction of fixed costs for fast track cases under the Woolf reforms. The Government originally proposed that trial costs under the fast track – with awards up to £15,000 – should be pegged at £350 where the award […]

An annus mirabilis

Champagne corks are popping for those firms posting record profits, but Philip Hoult and Robert Lindsay wonder whether a hangover is in the offing. Law firms will look back on the 1997/1998 financial year as a halcyon period. Amazingly, nearly every firm in The Lawyer Top 50 broke its record for both turnover and profitability. […]

NYC firm first to Shanghai

US firm Kaye Scholer Fierman Hays & Handler is the first New York-headquartered firm to set up in Shanghai. The firm was granted its licence in February.

A record year – but no time for complacency

This year’s financial figures from the top 50 firms reflect the blissful economic climate most businesses are currently enjoying. There are few surprises. The firms we expected to do well have indeed done so with record fees and profits. Others have performed relatively well, but there is a core of firms which go against the […]

Slaughters' profits bonanza

The two captive UK law firms of Pricewaterhouse Coopers are to be merged on 1 October to form a single 100-lawyer firm named Arnheim Tite & Lewis. According to an internal announcement at PwC, Chris Tite of Coopers & Lybrand’s law firm Tite & Lewis will be managing partner while his colleague Mark Lewis will […]

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