Simmons coordinates global bonus packages

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Latest Briefings

New resource and waste strategy published

By Ben Sheppard The first change to England’s waste strategy since 2010, it represents an ambitious programme of reform which will shape the landscape for sustainability to 2030 and with some proposals looking as far ahead as 2050. Affecting the food, manufacturing and packaging sectors as well as the waste sector, key policies include the […]

Licensing news Scotland: December 2018

By Stephen McGowan This month in summary Top Licensing Tip: Merry Christmas to all and to all a good night – Duty of care! Highlights of the City of Glasgow Licensing Board Licensing Statement Highlights of the Aberdeen City Licensing Board Policy Highlights of the new Edinburgh Licensing Policy Gambling Commission publishes new report on […]

SIPP and SSAS complaints round-up: winter 2018

By Patrick Shee The Briefing highlights some recent complaints which have come before the Ombudsmen. SIPP providers and financial advisors will benefit from reading our insights into how the Ombudsmen approach certain complaints and how best to apply those outcomes to their own businesses.

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

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Bright spark

Chambers’ summer parties are an important part of the Bar calendar for two reasons: barristers can get their clients drunk and clerks can show off the scale of their entertainment budget to other clerks. The picture above is the result of such a summer party, with the raucous 39 Essex Street the host. Apparently a […]

A question of sports

Tulkinghorn believes you can tell a lot about a law firm by looking at its sports teams, and the Legal Fives tournament held a few weeks ago turned out to be a mine of information. For example, Hammonds called its football team MC Hammonds Time, which implies its lawyers have a special sense of humour. […]

SRA hikes minimum salaries

The Solicitors Regulation Authority (SRA) has raised minimum trainee solicitor salaries by 4.3 per cent across the board, in line with inflation. London-based firms must now pay trainee solicitors a minimum of £18,420 – up from £17,660 last year – and firms in the rest of England and Wales must pay trainees a minimum of […]

Brodies forms standalone banking and finance group

Brodies forms standalone banking and finance group” />Scottish firm Brodies has created a standalone banking and financial ­services department as part of a revamp of its leadership group. Until now the firm’s banking practice has sat within the wider corporate and commercial group. According to managing partner Bill Drummond, the separate group has been formed […]

Covington launches first Asia office

US law firm Covington & Burling has launched its first office in Asia today (23 July), with its former management chair Stuart Stock heading the team in Beijing. Joining Stock, who served as chair for six years before stepping down in January, will be former Warner Bros Entertainment executive Ellen Eliasoph and Cao Yu, an […]

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