Rocketing salaries fail to boost trainee retention

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Latest Briefings

Trade associations call for company voluntary arrangement reforms

Reforms are needed to the current company voluntary arrangement (CVA) process, according to both R3 and the British Property Federation (BPF). R3 (the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals) has published a research report recommending a number of reforms to improve the effectiveness and reputation of CVAs. These include: Capping […]

How the courts are interpreting long-term maintenance contracts

By Ian Yule The Private Finance Initiative (PFI) may be past its peak, but various cases have come to court in the past few years involving long-term maintenance contracts, including PFIs. Three cases in particular are worth noting. They have featured issues such as whether terms should be implied about co-operation, how good faith clauses […]

Pimlico Plumbers – contract matters and the ‘gig’ economy

By Alex Mellis The ‘gig’ economy cases, scattered throughout the different tiers of varying jurisdictions of courts and tribunals, excite much interest when the latest decision is published and flashed across the media. The recent decision of the Supreme Court in Pimlico Plumbers & Anor v Smith, handed down on 13 June 2018, will be no […]

Ukraine: new corporate law governing LLCs

The new law “On Limited and Additional Liability Companies” No. 2275-VIII has come into effect, with the exception of some specific provisions related to inheritance that take effect on 17 June 2019. The law introduces fundamental changes to the rules that apply to the operation of companies with limited and additional liability, grants their participants […]

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Freshfields scoops raft of Chinese deals

Freshfields Bruckhaus Deringer has hedged any effects of the credit crunch by landing key roles on five headline equity capital markets (ECM) deals out of China this week. The magic circle firm has advised on three IPOs and two fundraisings this week in the region, where it has around 40 lawyers advising on ECM and […]

Firm profile: Bell & Scott

Niche Scottish property firm Bell & Scott is on an expansion drive, according to managing partner Iain MacDonald, with a move into new Glasgow premises heralding the beginning of the growth. Just one year after relaunching itself as a commercial property boutique following the spin-off of its two-partner private client team to Pagan Osborne, the […]

Nixon Peabody to launch in London

US firm Nixon Peabody has announced the launch of its first London office via an alliance with emerging markets boutique Trinity. The office, which is based in the City, will open with six lawyers including three US partners and the three UK-qualified partners, who set up Trinity in February 2006. Nixon Peabody chairman, Harry Trueheart, […]

SRA rejects allegations of racism

The Solicitors Regulation Authority (SRA) has defended itself against claims that it is racist and discriminates against non-white lawyers in its investigations. MP Keith Vaz, chairman of the Commons Home Affairs Select Committee, had criticised the SRA for investigating complaints against a disproportionate number of ethnic minorities. Vaz alleged that 62 per cent of SRA […]

TheLawyer.com

The war for young legal talent in the US has just got a lot more violent. Sullivan & Cromwell has unleashed its most powerful weapon: a bonsai tree. Law blog Above the Law (www.abovethelaw.com) reports that the firm is sending out bonsai trees to all students it offers jobs to. The Lawyer‘s Web Week is […]

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