Regional firms come good as City counterparts suffer profits slump

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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Expert claims fears of tax hike are unfounded

Fears among lawyers of tax increases caused by an accounting change that values work in progress (WIP) at selling price rather than cost are unfounded, according to Trevor Johnson of the Association of Taxation Technicians. Writing in industry magazine The Tax Adviser, Johnson said that Application Note G was unequivocal. He said the note provides […]

Simmons scoops brief for broking arm of ABN Amro

Simmons & Simmons has leveraged its track record in advising venture capitalists on managed exits to win ABN Amro’s stockbroking arm Hoare Govett as a new client. Hoare Govett often uses Ashurst or Norton Rose, but Simmons partner Ed Lukins, who led the firm’s team advising Hoare Govett on the AIM float of Star Energy […]

Blake Lapthorn gets specific

Blake Lapthorn Linnell has completed a review of its practice groups and is introducing a series of sector teams aimed at specific industries. The restructure sees lawyers now organised along sector lines, which include construction, charities, leisure, retail and IP/IT. The move comes a year after the merger of Southampton-based Blake Lapthorn with Oxford’s Linnells. […]

Careers: in brief

In the US, a survey has found that 81.4 per cent of paralegal managers and specialists had higher compensation than those without supervisory experience. The average salary for legal assistant managers (the most senior position surveyed) was $88,781 (£50,100) in 2004, up 6.2 per cent from 2003. Senior legal assistants earned $63,381 (£35,800), 5.3 per […]

Appeal Court slates Carter-Ruck on giant fees in Telegraph case

The Court of Appeal last week slammed the “extravagant” fees demanded by law firm Peter Carter-Ruck & Partners in a defamation case against The Daily Telegraph. The Court of Appeal last week slammed the “extravagant” fees demanded by law firm Peter Carter-Ruck & Partners in a defamation case against The Daily Telegraph. The court held […]

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