Latest Briefings

Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

Q&A: Supply of goods to Saudi Arabia and GCC preferential tax treatment

Are you considering supplying goods from the Gulf Cooperation Council (GCC) to the Kingdom of Saudi Arabia? If the answer is yes, then this is a must-read to check if you qualify for GCC preferential tax treatment (including custom duty exemption), and the commercial implications you need to consider if you don’t.

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Reed Smith builds in competition with Ashurst recruit

Reed Smith is boosting its London corporate practice with a partner hire from Ashurst, its first City lateral in several months. The US firm has taken on partner Ross Mackenzie, until now a longtime antitrust partner at the UK rival. The competition law specialist has been at Ashurst for 20 years. Since the early 2000s, […]

DACB makes up 14 in UK-focused promotions round

DAC Beachcroft has made up 14 associates to its partnership, with the highest number of promotions coming from its Bristol office. The firm has also made up partners in Birmingham, London, Leeds and Newcastle – with two added in each regional office. The firm has not made up any partners in its international offices – […]

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Over three-quarters of Gowling WLG move to reduced working hours

Over three-quarters of Gowling WLG’s workforce are to temporarily reduce their working hours until October, after the firm decided to set up new arrangements earlier month. The firm said 80 per cent of people are temporarily reducing hours, with subsequent cuts in pay of up to 20 per cent. This was part of the flexible […]

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Squires cuts salaries as firm responds to Covid-19 pandemic

Squire Patton Boggs has announced temporary salary reductions for associates and support staff, while profit distributions for partners will also be adjusted. The firm has said it is cutting associate salaries by 20 per cent, in accordance with local law requirements. However, its existing bonus programme will not be affected. Global support stuff will also […]

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