Simpson Thacher scales back City promotions in 11-strong round

Simpson Thacher & Bartlett has announced the promotion of 11 new partners, including one lawyer in London.

The firm has made up 11 globally for two consecutive years now, making it its fourth largest promotions round in 10 years. In 2006, Simpson Thacher announced 13 new partners, while 12 were made up in 2011.

Latest Briefings

Medicinal Cannabis: What the Nation Needs?

David Hardstaff and Ami Amin discuss an in-depth report on policy developments in the UK by the Conservative Drug Policy Reform Group (the CDPRG) In Part A: why is it still so hard for patients to access the drugs they need? On 23 April 2020, the Conservative Drug Policy Reform Group (CDPRG) published Part A […]

Approval of liquidator’s remuneration: a tale of two reporters

A recent Sheriff Court judgment is the latest decision to consider the role and remit of the court reporter in a liquidation which, unusually, involved the court appointing two reporters. In Scotland, the Insolvency (Scotland) (Receivership and Winding Up) Rules 2018 provide that where there is no creditors committee, the remuneration of a liquidator shall […]

Variation to an office lease to allow use as a private members’ club

The Upper Tribunal has allowed a variation to a lease that restricted the use of a property to office use (with minor residential use) so that the tenant could implement a planning permission to convert the property into a private members’ club. Background A user clause in a lease is a restrictive covenant. If the […]

Tax now payable much sooner following a disposal of residential property

From 6 April 2020 significant changes will be made to the deadline for paying capital gains tax (CGT) and filing tax returns in respect of disposals by individuals and trusts of UK residential property. Taxpayers and advisers need to be aware of these changes now. UK property disposals prior to 6 April 2020 Previously, UK […]

Coronavirus job retention scheme: pensions aspects

When considering how to use the coronavirus job retention scheme (CJRS), employers may be wondering what this means for pension contributions and auto-enrolment obligations. This update considers some of the issues. How the CJRS works To access the CJRS an employer will need to designate affected employees as furloughed workers, notify the employees of this […]

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Barclays shakes up in-house legal team with global appointments

Barclays has made a number of high profile general counsel appointments in the US as part of an ‘alignment’ exercise with the rest of the business. Casey Kobi, a former Sidley Austin associate, has been promoted to global head of banking at Barclays. For the past four years, Kobi has been head of banking legal for the Americas and began his in-house career with Barclays in 2005. Prior to that, he was a vice president of the investment banking division of Lehman Brothers.

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