Profit by loss

De-equitisation as a means to achieving greater profit per equity partner may be a common tactic in today’s legal market – but firms must not underestimate the potential hidden costs, warns Colin Ives.

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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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Lewis Silkin: credit where due?

Lewis Silkin managing partner Ian Jeffery would like to point out that the firm has enjoyed three years of double-digit growth. Top of the PEPs Revenue PEP Table Lewis Silkin managing partner Ian Jeffery would like to point out that the firm has enjoyed three years of double-digit growth. He would like The Lawyer to […]

Law Soc backs Pakistani lawyers’ street protest

The Law Society has repeated its call for the rule of law to be upheld in Pakistan to protect the country’s lawyers and judges. The plea comes as thousands of lawyers continue to protest across Pakistan in a bid to have senior judges who were sacked last year, reinstated by President Musharraf (The Lawyer, 10th […]

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