Postcard from… Cairo

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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 halts rollout of new membership database

The Law Society has shelved a £500,000 IT project, citing “technical issues”. The Integradata management system was introduced in 2007 but has been plagued by problems, forcing the Law Society to revert to an older system. An external IT analyst was brought in for six months last year, but failed to kick-start the project. The […]

Partnerships Special Report: Cutting pledge

In these tough economic times, law firm partnerships must be prepared to make decisive cuts to their cost bases. They just need to be careful where and how they wield the knife, say David Hawley and James Anderson As economic and market conditions have deteriorated in recent months, firms have turned their attention to two […]

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Latham & Watkins: confession

Latham & Watkins: confession” />The Lawyer is always happy to admit when it’s wrong. Last Friday we said Latham & Watkins’ revenues had fallen 20 per cent. Today the US firm revealed that, in fact, 2008 revenues fell just 4 per cent. It seems we were also wrong about average profits. We said they were […]

Norton Rose installs Russia banking head

Norton Rose has transferred London banking partner Caroline Hurley to Moscow to head its Russian banking practice. Hurley will focus on finance deals in the energy sector, specialising in oil and gas. She has been a partner at the firm since 1998. “My particular banking and energy mix of experience will be put to good […]

Bingham McCutchen London: profit up

The London office of US firm Bingham McCutchen has boosted profit despite a slight drop in turnover. Average profit per equity partner rose 7.4 per cent from $1.75m to $1.88m and turnover dropped 4.6 per cent from $32.5m to $31m. London managing partner James Roome said: “Restructuring really kicked in towards the end of the […]

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