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Latest Briefings

The Commercial Agents Regulations: a step behind the times?

By Alex Williamson The Commercial Agents (Council Directive) Regulations 1993 (the Regulations) are 25 years old this year. An evaluation by the European Commission concluded in 2015 that the underlying Commercial Agents Directive (the Directive) still met its objectives and functioned well. However, a recent Court of Appeal decision has shown that the legislation is struggling to […]

Exclusion clauses under the spotlight: UCTA reasonableness

By Perran Jervis In decisions handed down one day apart, the Court of Appeal concluded that a far-reaching exclusion clause which limited liability for negligence was reasonable under the Unfair Contract Terms Act 1977 (UCTA), whereas an exclusion clause in a lease (in the form of a non-reliance clause) was not. The decisions emphasise that […]

Currency, cost calculations and contractual clarity

Walker Morris’ Head of Commercial Dispute Resolution, Gwendoline Davies, highlights the importance of dealing comprehensively and clearly with matters of currency and calculation in cross-border contracts…

Belgian draft Trade Secrets Act: opportunities for the life sciences sector

On 8 June 2016, the EU Trade Secrets Directive was adopted. The main purpose of the Directive was to harmonise and enhance the protection of trade secrets EU-wide and to thus create an innovation-friendly environment for businesses. The EU Member States had to implement this Directive by 9 June 2018. Belgium missed the deadline, but […]

Recommended

Assurant names European senior counsel

Assurant Solutions has appointed its first European senior counsel as it looks to expand its operations in Europe. Tara Caithie joins from the legal team at RBS Insurance, the insurance arm of Royal Bank of Scotland, and will assume the roles of company secretary and senior counsel UK and Europe. She will head the legal […]

Penningtons results show slow growth

South East firm Penningtons has announced its year-end financial results, revealing increases in turnover and profit per equity partner (PEP). PEP crept up just 4 per cent from 2004-05’s £125,000 to £130,000 and turnover grew 10 per cent from £25.9m to £28.5m. Managing partner Lesley Lintott was unavailable for comment. The firm also promoted six associates to […]

Firm friends

Reed Smith and Richards Butler say they will succeed where other US-UK mergers have failed. But only one man can pull it off Just five years ago, in 2001, Pittsburgh firm Reed Smith had 594 lawyers, who brought in $193m (£104.89m), with an average profit per equity partner (PEP) of $335,000 (£182,000). By January 2007, […]

A drop in the ocean

These pages regularly feature tales of the charity and generosity that feature so prominently at some of the legal market’s top firms. Tulkinghorn has lost count of the thousands of pounds raised by some of the UK’s finest legal brains. So when he received a press release last week from DLA Piper, gently inquiring whether […]

Pushing the limits

A new UK reform bill is set to remove existing limits on auditor liability, forcing company and auditor to come to an agreement themselves. Nicholas Heaton and Andrew Wigston report The Company Law Reform Bill, which had its second reading in the House of Commons on 6 June 2006, is the result of a fundamental […]

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