Shearman plans a radical strategy rethink to boost litigation revenue

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Brick Court silk defects to Serle Court

Brick Court Chambers silk Conor Quigley QC has left the set to join Lincoln’s Inn chambers Serle Court. The specialist EU barrister, who took silk in 2003, joined Serle Court earlier this month.  It is a rare loss for Brick Court, which last month added commercial and EU barrister Nicholas Saunders to its ranks. Quigley […]

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Milbank hires DLA partner for London litigation team

Milbank has boosted the litigation capabilities of its London office with the hire of DLA Piper partner Tom Canning. Julian Stait, Milbank’s London litigation and arbitration head, said Canning’s arrival was part of the US firm’s ongoing strategic ambition to grow its City disputes capability. “Tom has a mixed litigation practice but his heaviest focus […]

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Withers to launch Hong Kong law practice with hire of family team

Withers has expanded its Hong Kong offering with the addition of an international family team led by partner Sharon Ser. Ser joins the firm after more than 20 years as a partner with Hong Kong-based Hampton Winter and Glynn. She brings a team that includes associates Rita Ku, Deanna Tam, and Jacqueline Mak, will join […]

Macfarlanes names new managing partner, re-elects senior partner

Macfarlanes has named banking and finance head Julian Howard as its next managing partner. Howard takes over from Simon Martin, who will return to full-time fee earning after serving a full three-year term in the managing partner post. Meanwhile, senior partner Charles Martin has been reappointed for a further three years in his role. Charles […]

City lawyers fear two-tier regulation will leave London out in the cold

Plans for the future of the UK Listings Authority are causing concern, says Gavriel Hollander In the long and rich history of unpopular government proposals it might not be in the same league as the Poll Tax, but there is already a significant wave of opposition forming to plans for the future of the UK Listings Authority (UKLA); […]

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