Set launches mediation business

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Illness delays Vernon hearing

A former Shakespeares consultant suspected of stealing more than u300,000 from the Birmingham firm claims he is too ill to face a Solicitors Disciplinary Tribunal hearing. Solicitor John Vernon, 61, who worked at Shakespeares for more than 30 years, failed to turn up for the hearing last week, citing ill health. The hearing was adjourned […]

Lee Crowder recruits Pannones' commercial expert

Birmingham firm, Lee Crowder, has tempted company and commercial partner, Mark Hodge away from Manchester’s Pannone & Partners. But the 15-partner firm denies that it has gone back on its “no-poaching” stance, revealed to The Lawyer in an interview with Lee Crowder’s senior partner, Stephen Gilmore, earlier this year. Head of the company and commercial […]

Felter to offer Premier's lawyers their jobs back

Clyde & Co’s head of energy is vowing to reinstate Premier Oil’s redundant senior laywers if his bid to oust the group’s management board succeeds. Peter Felter says his plans for the company will include reviewing all the job losses Premier Oil has sustained in the last six months. The losses, which total 10 per […]

In-house salaries compete head-on with private practice

Lawyers fare better financially by moving in-house than staying in private practice six years into their career, according to a new survey by recruitment consultants Garfield Robbins. Traditionally, lawyers have moved in-house as a lifestyle choice and because they want to pursue a more business-oriented role. However, salaries for in-house lawyers are escalating. In-house lawyers […]

Morgan Cole in plan to axe 15 partners

Newly merged Morgan Cole is considering axing up to 15 partners in an attempt to increase its profit margins. In a discussion document prepared by senior management – and seen by The Lawyer – the firm admits it will have to lay off staff if it is to raise profits per partner from an “unacceptable” […]

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