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Latest Briefings

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

India: Supreme Court upholds NCLAT insolvency judgement ruling

On 11 February 2019, the Supreme Court dismissed the Civil Appeal bearing No. 1484 of 2019 filed by Rai Bahadur Shree Ram and Company Pvt. Ltd. (the shareholder and promoter of Ferro Alloys Corporation Limited) and affirmed the landmark judgment passed by the National Company Law Appellate Tribunal (NCLAT) in the matter of Ferro Alloys […]

Guernsey’s new substance requirements – application to the funds industry

Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

Dispute resolution lawyers stress importance of board minutes in regulatory investigations

By Mathew Newman, Alex Horsbrugh-Porter, Sandie Lyne, Michael Rogers Today Guernsey dispute resolution specialists Michael Rogers and Sandie Lyne presented to the NED forum on the topic of regulatory investigations, providing advice on strategies and protocols which non-executive directors should consider when an investigation is underway. In particular, the talk highlighted why keeping board minutes […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

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Acting in the world's interests

With the activities of the IBA’s high-profile Section on Business Law attracting most attention, other IBA activities have been somewhat sidelined. But one area in which the IBA has a respectable track record – human rights – is fighting back with the establishment last December of the Human Rights Institute. “A global lawyers’ organisation had […]

OSS seeks funds to clear backlog

The Office for the Supervision of Solicitors is asking for more than £700,000 from the Law Society to help clear a projected backlog of 370 cases. The OSS, whose operating costs account for around a third of the Law Society’s budget, is to employ nine new staff, seven of whom will be investigative accountants. The […]

Manches & Co invests in VoiceType Dictation system

London solicitors Manches & Co has ordered eight more copies of IBM’s VoiceType Dictation 3.0 system, bringing its total to 13 copies. The system, which allows users to dictate their own documents direct to screen and correct them without secretarial help, has been tested by the firm’s 110 fee earners over the past two years. […]

Mears tries the 'carrot' approach with client care programme

The maxim “the customer is always right” does not appear to have gained much currency among solicitors. Each year 20,000 complaints flood in to the Office for the Supervision of Solicitors (OSS). “With that number of complaints, there is something wrong,” surmised former Law Society president Martin Mears, the surprise choice as the head of […]

Fairer play on training

As one of the first of the LPC graduates of 1994 and one who has been unable to find a training contract, I was interested to read Tony Holland’s article in The Lawyer 19 November. I am a mature candidate with a wealth of experience in discrimination law. It is a sad state of affairs […]

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