Latest Briefings

CEE legislation tracker: Czech Republic

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

CEE legislation tracker: Turkey

Banking & Finance, Capital Markets Article 23 to 27 of the Capital Markets Law (governing material transactions and minority shareholders, including the right to exit, the offer to buy shares, the obligation to buy shares, the right to sell) will not apply to the transactions of the Turkey Wealth Fund, sub-funds and companies that will […]

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Cannon Place

CMS prioritises City growth in latest promotions round

CMS has made up 18 new partners in the UK, with those making the cut all based in the firm’s London office. The UK numbers account for nearly half of the total number of promotions, with 41 new partners globally across Europe, Latin America and Africa. Women make up half of the promotions round in […]

legal tech

Luminance on hunt for in-house clients to fend off BigLaw competition

Artificial intelligence company Luminance is looking to target in-house clients to counteract law firms’ increasing investments in this area. The startup currently has more than 200 businesses in its client portfolio. Of these 200, 90 per cent are law firms. Following a recent review, Luminance aims to expand the in-house representation in a bid to […]

Shoosmiths mulls cut in working hours by 20 per cent

Shoosmiths is considering cutting down partner and staff working hours by 20 per cent to weather the coronavirus pandemic. The firm has said it is consulting with partners and staff on moving to a four-day week, which will be on a temporary, voluntary basis and entail a 20 per cent cut in pay and benefits. […]

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