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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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4

Diamond in the rough

11.18amHarassment in the workplace generally brings up images of executives patting secretaries on the bottom while walking into a meeting room. And if any legal dispute comes of it, then the employment litigation lawyers get to work. 11 February, 11.18am Harassment in the workplace generally brings up images of executives patting secretaries on the bottom […]

1

Dewey posts flat PEP, slight revenue rise for 2008

Dewey & LeBoeuf has announced a marginal revenue hike for the 2008 financial year. The US firm grew gross revenue 2.1 per cent from $1.008bn in 2007 up to $1.03bn last year. Average profit per equity partner (PEP) was static at $1.57m. Dewey & LeBoeuf chairman Steve Davis said: “I would like to thank all […]

1

Life after the LSA: barrister and ex-P&O counsel launch high street legal brand

The Legal Services Act (LSA) has always been associated with personal injury (PI) powerhouses Irwin Mitchell and Russell Jones & Walker, both of which have big post-LSA ambitions. But smaller firms are also looking for new ways to access the ­consumer ­market, and a number of online ­services are emerging with the ­specific aim of […]

4

Latham & Watkins: confession

Latham & Watkins: confession” />The Lawyer is always happy to admit when it’s wrong. Last Friday we said Latham & Watkins’ revenues had fallen 20 per cent. Today the US firm revealed that, in fact, 2008 revenues fell just 4 per cent. It seems we were also wrong about average profits. We said they were […]

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Freshfields cuts associate pay bands

Magic circle firm Freshfields Bruckhaus Deringer is reversing its associate salary bands with all associates set to receive the same level of pay from May, despite gaining a year in post qualification experience. As a result of the changes, the salary paid to newly-qualified (NQ) solicitors will drop from £66,000 to £59,000. Associates with one […]

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