Profits per equity partner drop at Field Fisher

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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Bond Pearce gains a slice of Amerada with Stockley hire

Regional firm Bond Pearce has gained a foothold with US oil and gas corporation Amerada Hess after hiring a senior legal counsel from its UK subsidiary. Paul Stockley, who originally trained with Boodle Hatfield, has joined as a partner in the commercial team. His arrival gives Bond Pearce a bite of work that is largely […]

10 per cent of fee-earners get chop at Jones Day Gouldens

Jones Day Gouldens is slashing 10 per cent of its fee-earning staff in London as it becomes the latest City firm to institute a redundancy programme. The move, which was announced internally last Friday (23 May), will initially affect up to 25 associates and paralegals, but may be followed by a proportionate reduction in secretarial […]

Law Soc to pay council members

The Law Society has committted £300,000 to fund allowances for its council members, the majority of whom are senior solicitors with comfortable incomes. Council members have never been given an allowance before, although they have been able to claim expenses for Law Society activities. Each of the 100 council members will now be paid £3,000 […]

Cobbetts signs up Stanbrook Hooper for EU advice

Manchester and Leeds-based Cobbetts has formed an alliance with Belgian trade law boutique Stanbrook & Hooper to provide its clients with EU law advice. The firms were introduced through their common membership of the State Capital Global Law Firm Group.

Staying power

He’s a perfect gentleman and one of the top defamation lawyers. How will Martin Kramer fit in at the new Addleshaw Goddard? asks Naomi Rovnick

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