Orrick’s profits boosted by Coudert raids

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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Latham posts record results

Latham & Watkins has posted a 14 per cent rise in average profit per equity partner (PEP) off the back of a 17 per cent rise in gross revenues for 2005. Average PEP increased from $1.4m in 2004 to $1.6m, while revenues grew from $1.2bn to $1.4bn. London managing partner David Miles told The Lawyer […]

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College of Law scraps LPC lectures for online tutorials

The College of Law is replacing all LPC lectures with online tutorials, slashing the amount of time students spend face-to-face with lecturers.Lectures in a number of pervasive subjects, including accounts, insolvency, tax and the LPC skills of advocacy, interviewing and writing, have already been replaced with ’i-tutorials’.The college plans to roll out e-learning for all […]

Female management team at Pillsbury draws to a close

West Coast giant Pillsbury Winthrop Shaw Pittman is set for a full-scale overhaul of its management following the decision of charismatic chair Mary Cranston to step down when her term ends in December. Managing partner Marina Park has also said she is considering her future, bringing a dramatic end to the pair’s seven-year management partnership. […]

Japan sets date for first corporate law overhaul in a century

Foreign law firms in Japan are gearing up for an M&A explosion this year, with Japanese commercial and corporate laws set to be completely overhauled for the first time in 100 years. The Japanese Ministry of Justice is expected to introduce the sweeping changes between April and June, which will see the liberalisation of corporate […]

Beachcrofts and University of West of England collaborate on property diploma

National firm Beachcroft Wansbroughs and the University of the West of England (UWE) have teamed up to launch a postgraduate diploma in commercial property. The firm created the diploma to guarantee standards of excellence. Property head Michael Bothamley said that, in 18 months, nearly half of Beachcrofts’ property lawyers will have completed the diploma. The […]

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