Shearman sends NYC partner to head Europe

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Latest Briefings

SEBI introduces exemptions for companies undergoing insolvency

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

Case Study: Appleby Hope & Matthews improve productivity with ALB

By Norman Turvey Appleby Hope & Matthews had been AlphaLaw users for many years, and had reached the limits of being able to take the software any further. In order to maximise efficiencies and ensure their software would be able to meet their needs in the future, the decision was taken to review their current system […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Mixed ­troubles

Tulkinghorn has noted that the credit crisis and the unstable economic ­climate have different ­consequences for different firms. At Davies Arnold Cooper (DAC) the turmoil has hit the in-house ­football league the hardest. Tulkinghorn has heard that the most contentious topic at the firm is the structure of the league. DAC’s Spanish office has suggested […]

Sullivan, Davis Polk in second AIG bailout

Sullivan & Cromwell and Davis Polk & Wardwell have secured roles on US insurance giant AIG’s additional $37.8bn (£21.77bn) funding. Sullivan chairman Rodgin Cohen is ­leading a team advising AIG, while Davis Polk partners Bradley Smith and Marshall Huebner are advising the US Treasury and the Federal Reserve Bank of New York. The move comes […]

Linklaters curtails client base to focus attention on major players

Linklaters curtails client base to focus attention on major players” />Linklaters is in the process of slashing its client base in an attempt to reduce conflicts and focus its ­business solely on large global entities. Managing partner Simon Davies, who is leading the project, carried out a similar exercise at the beginning of the decade […]

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Magic circle defies downturn as top billers bump up hourly rates

Hourly partner rates at the UK’s largest firms have hit £750 on average this year despite the economic crisis, research carried out for The Lawyer has found. The Hourly Rates Survey 2008, carried out by Legal Budgets, ;shows ;that although the fees boom of recent years came to an end for most of the legal […]

Cobbetts

Turnover crept forward at Cobbetts this year by just over one per cent. Managing partner Michael Shaw claims that the firm was focusing on profitability and average PEP is up by 25 per cent, hitting £300,000 and so fulfilling Shaw’s 2006 pledge to reach that target within two years. But then that goal is easier […]

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