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Latest Briefings

Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

Recommended

Simpson Thacher cuts associate bonuses

Simpson Thacher & Bartlett has joined the growing number of US firms that are cutting associate bonuses this year. The firm has halved bonuses for the 2008 financial year and is understood to have abandoned special bonuses. Last year junior lawyers received a bonus of $35,000 but this year the figure has dropped to $17,500. […]

Hammonds promises layoffs are a ‘one-off’

Hammonds chief Peter Crossley has vowed that there will be no more redundancies at the firm once the current consultation affecting 95 staff is completed. Crossley told The Lawyer: “This is a one-off. It’s ­unfortunate that we have announced the consultation, but we’re taking a ­considered and pessimistic view of the next six months.” The […]

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Magic circle takes prudent approach to US bonuses

Magic circle firms have vowed to take a conservative approach to this year’s round of US associate bonuses as economic conditions continue to worsen. The US managing partners of Allen & Overy (A&O) and Freshfields Bruckhaus Deringer highlighted financial prudence as a key factor in setting year-end bonuses, adding that it is also important to […]

Davis Polk advises Citigroup on US government bailout

Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout. Davis Polk partners Gar Bason, Randall Guynn, Louis Goldberg and Avishai Shachar are leading the team acting for the bank. Cleary Gottlieb Steen & Hamilton is advising the US Treasury on the deal. The move […]

Hammonds faces former partners in High Court

Hammonds was up in the High Court today for a £3m profit dispute hearing with former partners. Hammonds attended the High Court today for a £3m profit dispute hearing that will determine whether the firm’s managing partner Peter Crossley (pictured) will become embroiled in the case. The case management conference, which is set down for […]

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