The sum of all fears: the changing bonus culture in financial services

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Latest Briefings

Under the GDPR, whenever the implementation of personal data processing «uses new technologies and, taking into account its nature, scope, context and purposes” it is liable to «a high risk to the rights and freedoms of natural persons», the data controller must carry out a DPIA

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 […]

Russia: An important message about geographical indications

By David Aylen, Elizaveta Osipchuk On July 27, 2018, the Russian State Duma passed first reading of a draft bill entitled “On Amendments to Part Four of the Civil Code of the Russian Federation (on geographical indications)” (the Bill). As a part of the general legislative process, a bill has to undergo three readings at the Russian […]

Federal Court of Appeal decision in PS Knight Co V CSA case

By James Green, Kevin Sartorio Does copyright subsist in a work created by a private party but which is subsequently incorporated by reference into regulations by legislatures? Or, once a work has been incorporated by reference, is the work public domain such that anyone can freely publish and sell copies of it? In a recent decision […]

Brexit: what happens now?

By Kieran Laird, Ursula Johnston The government has deferred the vote on the current Brexit deal and we are now in the throes of a Tory leadership contest to see who will be the new Prime Minister. Theresa May used to say that Brexit means Brexit. But what does it mean now and what can businesses […]

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Weil called in to restructure UK food giant’s £1.7bn debt

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Mishcon joins ‘Pink Law’ advice initiative

Mishcon de Reya has signed up alongside Field Fisher Waterhouse (FFW) and Reed Smith to work pro bono for a new advice ­service at Queen Mary, ­University of London. The Pink Law Legal Advice Centre, which launched last Friday (14 November), will give free legal advice to the lesbian, gay, bisexual and transgender (LGBT) community. […]

Covington enters Middle East alliance

US firm Covington & Burling has signed a strategic alliance with Qatar-based firm Institution Quraysh for Law & Policy. The move is part of Covington’s international expansion plan. In July the firm launched an office in Beijing, but has yet to open in the Middle East. Institution Quraysh has offices in Qatar, Saudi ­Arabia and […]

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Middle man: Paul Bentall, Financial Ombudsman Service

Financial Ombudsman Service general counsel Paul Bentall’s sense of fair play has helped make his organisation respected the world over. Sitting ;among ;the ­towering ;financial ­houses of Canary Wharf, the Financial Ombudsman Service (FOS) occupies ;a ;unique ­position in the world of commerce. Preferring not to be called a ­regulator, watchdog or trade body, the […]

Orrick axes 40 lawyers; London gets off lightly

Orrick Herrington & ­Sutcliffe is the latest US firm to announce layoffs, with 40 associates across its real estate, structured finance and corporate practices set to leave the firm. Two associate jobs and one support staff post are at risk in the firm’s London office. Across the network 35 business services jobs are also expected […]

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