Latest Briefings

Food & Drink Update – September 2020

Guidance on the latest food and drink rules, including post-furlough planning and workforce measures manufacturers, Brexit and the workforce – how to prepare for upcoming changes, protecting innovation in the food & drink industry, and more.

Coronavirus business interruption test case – judgment in the “insurance case of the century”

Flaux LJ and Butcher J today handed down judgment in the test case brought by the FCA to explore whether hundreds of thousands of businesses can recover under their business interruption policies for losses caused by the pandemic, in the “insurance case of the century” – the only claim heard under the Financial List Test Case Scheme. Many of those businesses will, today, be celebrating a fantastic win for them.

Cayman Islands Update: Economic substance guidance notes V3 issued

On 13 July 2020, the Cayman Islands Department for International Tax Cooperation (the “DITC”) issued version 3.0 of the Guidance on Economic Substance for Geographically Mobile Activities (the “Guidance”) pursuant to the ES Law (as defined below). This replaces the previous version 2.0 of the Guidance issued on 30 April 2019.

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Bakers accelerates efficiency plans with fourth back office launch

Baker McKenzie has chosen Argentina for its next business services centre as part of its three-year assessment of its global capabilities, The Lawyer can reveal.  The decision to open a Buenos Aires hub comes six months after the firm announced plans to open a global support facility in Tampa, Florida, with both expected to be […]

Norton Rose Fulbright

Debevoise posts record financials globally and in the City

Debevoise & Plimpton has posted record financial results for 2018 both on a firmwide basis and in its 30-year-old London office. Firmwide revenue rose by 13 per cent from $822m in 2017 to $929.3m. Average revenue per partner (RPP) also increased, up almost 15 per cent from $5.95m to $6.83m. This was beaten significantly in […]

Aldgate

Real estate chiefs warn of lawyer job losses in tech race

Last week, in an extract from The Lawyer’s upcoming Global Real Estate 50 report, we highlighted the extent to which proptech is becoming increasingly influential in the strategies of the world’s largest property practices. Notably this year’s report includes numerous examples of how firms are using tech to streamline their delivery of real estate services. DLA […]

New York

Willkie Farr chief embroiled in US college admissions scandal

Willkie Farr & Gallagher’s co-chairman has been named by the US Department of Justice as one of 50 individuals charged in relation to an alleged conspiracy over cheating in college entrance exams. Gordon Caplan, who is based in New York, is listed as having been charged in a criminal complaint with conspiracy to commit mail […]

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