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Latest Briefings

Congo: Revision of mining code

By Olivier Bustin and Pierrick Ferrero Following the actions by the Ivory Coast in 2014, as well as Burkina Faso, Cameroon and Senegal in 2016, who adopted a new mining code, the DRC has recently revised its mining code enacted in 2002…

A new duty of care for financial services firms?

The Financial Conduct Authority (FCA) is considering a new consumer protection duty of care for financial services firms.  Walker Morris Banking and Finance Litigation partners Louise Power and Rob Aberdein explain.

GDPR compliance in the Benelux: let the controls begin

The Dutch Data protection authority (Autoriteit persoonsgegevens –“AP”) recently informed the public that they were assessing the GDPR compliance level of large companies in the Netherlands. In doing so, the authority took advantage of its new powers under article 30.4 of the EU General Data Protection Regulation…

EC puts business on Brexit amber alert

By Bernadine Adkins Yesterday, the European Commission released a Communication entitled ‘Preparing for the withdrawal of the United Kingdom from the European Union on 30 March 2019′[1]. It outlines the steps that business should take to prepare for the UK leaving the EU. The Communication’s message is clear: “On 30 March 2019, the United Kingdom […]

Recommended

200+ legal jobs under threat at Lehman Bros

At least 200 UK jobs in the legal, compliance and audit team are under threat at collapsed bank Lehman Brothers. This is understood to include at least 60 qualified lawyers, with the rest being made up of compliance, auditing and other staff in the bank’s legal team. According to a source within the team, none […]

Wall St woes: the heat and the cool

It isn’t just financial institutions that are feeling the heat on Wall Street this week. The collapse of Lehman, the acquisition of Merrill Lynch and the effective nationalisation of AIG has left dozens of lawyers facing life without their once lucrative client relationships. Lehman certainly used to be a big deal for Cadwalader Wickersham & […]

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Going Overy the top…

In Hungary, Allen & Overy’s management seems to ­prefer getting its hands dirty directly. So much so that senior ­partner David Morley has named the firm’s local ­subsidiary Morley Allen & Overy Iroda. This is ­apparently a longstanding tradition in Hungary, as his ­predecessor Guy Beringer had christened the firm Beringer Allen & Overy Iroda. […]

Norton Rose

UK 200 Position: 12 UK 200 … Position: 10 hFirm: Norton Rose Turnover: £297mProfit per equity partner: £625KEarnings per partner: £486KEquity spread: £360K-£940KNet profit: £98.8mProfit margin: 33 per centRevenue per fee-earner: £258KRevenue per lawyer: £312KRevenue per partner: £1,207KRevenue per equity partner: £1.88mTotal number of fee-earners: 1,151Total number of qualified partners: 953Total number of partners: 246Total […]

Russia partner joins DLA Piper board

DLA Piper has elected its first Russia-based international board member to fill the void left by Nordic chief Henning Øglænd, who stood down halfway through his term. Russia and CIS managing partner Constantine Lusignan-Rizhinashvili won the election, seeing off competition from London partner Matthew Saunders, Abu Dhabi managing ­partner Stephen Webb and Hamburg partner Klaus […]

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