Profits dip at Norton Rose but turnover edges up

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Forsters centre stage on South Bank project

Property and private client firm Forsters has been appointed by London’s National Theatre (NT) to advise it on the development of its South Bank site over the next four years. It is the first time that the NT has put out such a ­tender and a first for Forsters, which has never worked with the […]

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Exclusive: Greenberg hires Maher to build ’21st century firm’

US giant in retreat from Olswang alliance as it launches in London with former Mayer Brown star Paul Maher Former Mayer Brown co-vice chairman Paul Maher is joining US giant Greenberg Traurig to launch its London operation, Greenberg Traurig Maher. The corporate lawyer will become chairman of ­London and co-chair of Greenberg’s global M&A practice. He will […]

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Mishcon bags Davenport IT and brands chief for IP expansion

West End firm Mishcon de Reya is ploughing ­investment into its IP ­business in a bid to expand the practice into trademark filing work. It follows the hire of ­Davenport Lyons head of IT and brands Simon Tracey and two associates. Tracey specialises in trademark registration work and was a partner in Davenport’s contentious IP team. “He’s coming […]

Yanks eye City tie-ups for Euro push

US mid players see downturn as opportunity to trawl UK for big fish. Julia Berris reports One of the upsides of the ­downturn for aggressively minded law firms is that it generates almost limitless possibilities if it is growth you are after.The opportunities for mid-tier firms to hire star partners or teams that would have […]

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