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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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German moves

International lawyer Reinhard Hermes has joined US firm Morgan Lewis & Bockius’s Frankfurt office as the firm’s first German partner. He has joined the firm from the Frankfurt office of US firm Cleary Gottleib Steen & Hamilton. Hermes is admitted to the German bar and the New York bar. His practice focuses on foreign investment […]

'No person responsible for £13m SIF shortfall'

Heads will not roll following the £13m shortfall in the Solicitors Indemnity Fund because no single person can be identified as responsible, Law Society president Tony Girling has said. The SIF board met last week to hear a report on the error, which stated that the team responsible for making the projections for contributions for […]

The Lawyer Inquiry: Julian Chadwick

Julian Chadwick was born on 3 January 1957. He is the managing partner of Pennington’s Newbury office. What was your first job? Greengrocer’s assistant. What was your first ever salary as a lawyer? £6,000 on qualification. What would you have done if you hadn’t become a lawyer? A priest. Which law could you live without? […]

Verdict on barristers hits TV

“Justice is not only about evidence,” states journalist David Rose introducing a six-part series that claims to lift the lid on the legal system. The first part of The Verdict, to be screened on BBC2 on Tuesday 12 November, shows how advocates play the jury system to win cases. In it Rose talks to “star […]

Stress levels reduced after Hardwicke Buildings move

A change of venue has resulted in a change of attitude for barristers and staff at Hardwicke Building Chambers. The 70 tenants of the Lincoln’s Inn chambers moved from their cramped 6,000sq ft site to a new 17,500sq ft complex earlier this year. It was officially opened by Lord Woolf on 4 November. Chambers chief […]

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