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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

Recommended

Travers resigned to harder times

Travers Smith managing partner Chris Carroll has predicted more woe for M&A lawyers after the ­corporate-heavy firm saw its average profit per equity partner (PEP) fall by more than 7 per cent last year. Travers ;increased turnover by 3.2 per cent to £81m, narrowly beating the firm’s record 2007 showing, but PEP dropped by 7.6 […]

2

Stateside shorting rules cause havoc for lawyers

Emergency guidelines aimed at tightening the rules surrounding the short selling of US stocks and clamping down on financial market rumour mongerers left lawyers and their clients scrambling to comply yesterday (Monday 21 July). The Securities & Exchange Commission’s rules are so far limited to 19 financial institutions, including the world’s largest investment and commercial […]

LG and Trowers break inflation barrier with trainee pay rises

LG and Trowers & Hamlins have increased their trainee solicitor salaries by inflation-busting rates, although first-year trainees are still paid marginally less than the industry average. From September, first-year trainees at LG will take home £36,000 – 20 per cent up on last year’s salary of £30,000. Second years will be paid £40,000 – a […]

1

Somerfield uses Kirkland for £1.57bn takeover by Co-op

Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield, winning a mandate from former Linklaters client Somerfield. Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield by winning a mandate from former ­Linklaters client Somerfield. Addleshaw Goddard, Allen & Overy (A&O) and Clifford Chance were also handed […]

Web Week

The Lawyer’s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@thelawyer.com Book crookNot all is well in the depths of Skadden Arps Slate Meagher & Flom’s New York office. ­Apparently […]

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