Skadden Arps in Tokyo hires rival partners

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Herbert Smith

Herbert Smith represented Marsh & McLennan Companies (M&M) on the sale of both Vincula House and the Bowring Building, Tower Place, London EC3 to Tishman Speyer Properties. The agreement included the leaseback of part of the site on which M&M will base its European corporate headquarters. The company will take a 25-year lease on the […]

Norton Rose takes team for Milan

Norton Rose is opening a new office in Milan with the entire civil team from two-partner firm Studio Legale Vassallie. The civil and criminal practice of Vassallie has split and the 11-lawyer civil group is moving with former managing partner Roberto Cornetta. The new office is due to open in September. The team will also […]

Reynolds Porter alters lockstep pay system

Reynolds Porter Chamberlain is changing its lockstep to include a modified system for the first time. The 50-partner insurance specialist previously had a 2:1 spread that saw partners gradually move up to plateau level after 14 years. Reynolds Porter has now introduced levels within the spread where the performance of the partners must be assessed. […]

The Firm

Henderson: You know, I’ve been thinking about The Firm’s image. To an outsider, we must come across as absurd caricatures, so for once I’ve decided we should do things properly, act with a bit of class. For example, this ABA conference. We should show our US cousins the rich history of The Firm. Pratchard: Hence […]

The Insider

City firms seem to be very pleased with themselves at the moment. Far from behaving like 19th century slave owners by whipping a few more chargeable hours out of their subservient associates, partners are now literally showering their lowly assistants with extra ducats. But while decision makers in private practice are busy splashing around in […]

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