Slaughters sets up panel for outsourced business

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Cravath elects new litigation chief

One of Cravath Swaine & Moore’s longest-serving members of management stood down at the end of last month as part of a wider-ranging shake-up of senior roles at the US firm. Litigation department head Rich Clary, group leader for five years, stood down on 20 September in favour of Sandra Goldstein. Prior to taking over […]

Will Lawes
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Lawes wins Freshfields senior partner race

Freshfields Bruckhaus Deringer has elected former financial institutions co-head Will Lawes as its next senior partner, replacing incumbents Konstantin Mettenheimer and Guy Morton as the sole holder of the role. Lawes, who stood against chief executive Ted Burke, was confirmed as the firm’s choice today following a partner vote. Burke remains as chief executive, an […]

Jersey lawyers’ charge-out rates rise by two-thirds since 2003

Top-end partner rates at Jersey’s premiere firms have increased by 64 per cent since 2003, according to exclusive research for The Lawyer. Research by costs lawyer Jim Diamond has revealed that partners’ top-end hourly rates at Jersey’s first-tier firms have gone up from £350 to £575 over the past seven years. Lower-end partner rates at […]

8

Halliwells: Litigation looms as former partners prepare for action

Former Halliwells fixed share partners are seeking legal advice with a view to suing the firm’s ex-equity partners. One former fixed share partner pointed to “material evidence” of the firm’s minimum cashflow being “overstated” in emails from the equity partners to the fixed share partners, with the information allegedly being used as the basis for […]

Allens Arthur Robinson signs alliance with top Japanese firm

Australian firm Allens Arthur Robinson (AAR) and Japanese firm Nagashima Ohno & Tsunematsu have entered in to an alliance to serve Japanese clients’ across Asia and Australia. The firms said venture is a response to growing demand for international legal services in the region. The cooperative framework will entail seconding lawyers to each other’s offices […]

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