The junior lawyer pay wars in seven charts
This summer has seen another round of big pay rises for newly qualified (NQ) solicitors: here’s the wider context.
Obituary: Alistair Asher, A&O partner turned Co-op GC
Veteran Allen & Overy (A&O) partner Alistair Asher, who joined the Co-operative Group as its first general counsel in 2013, has passed away aged 63.
Accounts Committee queries Linklaters' £13m rail bonanza
The House of Commons Public Accounts Committee has criticised the Government for the way it paid Linklaters & Paines more than £13m for advice on the sale of the first three rail franchises. The report criticises the Office of Passenger Rail Franchising, Opraf, for not using a competitive tender to choose Linklaters and for not […]
The JLD blog: How your personal brand can win you a training contract
Oscar Wilde is credited with saying, “Be yourself; everyone else is already taken”. With competition for training contracts rife, you need to stand out from the crowd. While there is no magic formula to securing a training contract, a strong personal brand will make a big difference. Here are five tips to help you along the way.
Top Lisbon firm decimated as partners walk following management new broom
Just down the road from CMS and Linklaters,one of the most venerable firms in Lisbon is undergoing a shake-up that has left the local market dazed.
Loan funds and other forms of alternative lending in Portugal
Since the financial crisis, with new restrictions placed upon banks and the legacy of non-performing loans (NPLs), one of the main objectives of Governments and authorities in the European Union (“EU”) has been to promote new alternative forms of lending to European companies beyond the banking sector entities. In Portugal, this is even more important […]
News – Banking and finance and capital markets: 4th quarter of 2019
I. Highlights Sustainability in the financial sector – Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 harmonises the rules at a European level on information on sustainability related disclosures in the financial services sector. In particular, it regulates the matters of integration of the risks, of negative impacts […]
Commercial concession agreements
Application by analogy of article 33(1)(c) of Decree-Law 178/86 of 3 July governing agency agreements On 4 November 2019, the Supreme Court of Justice issued judgment no. 6/2019 on an appeal for standardisation of case law. This followed the identification of two decisions of that court, handed down under the same legislation, that contain a […]
New rules on current invisible transactions and goods transactions
Banco Nacional de Angola (“BNA”) has approved another legislative package intended to contribute to the liberalisation the foreign exchange market. The package contains BNA Notices 1/2020 and 2/2020, both of 17 January 2020. Notice 1/2020 amends the rules on payment for goods transactions in Notice 5/2018 of 17 July 2020 and extends the exemption from […]
Decree-law no. 157/2019 establishes the rules on setting up and registering foundations
Background Decree-Law 157/2019 of 22 October comes into force on 1 January 2020 and makes it possible to set up foundations using an authenticated private document. The Decree-Law also regulates the registration of foundations intended to publicise their legal situation. The act of setting up foundations To simplify the procedures and reduce the bureaucratic costs […]
The junior lawyer pay wars in seven charts
This summer has seen another round of big pay rises for newly qualified (NQ) solicitors: here’s the wider context.
Obituary: Alistair Asher, A&O partner turned Co-op GC
Veteran Allen & Overy (A&O) partner Alistair Asher, who joined the Co-operative Group as its first general counsel in 2013, has passed away aged 63.
Accounts Committee queries Linklaters' £13m rail bonanza
The House of Commons Public Accounts Committee has criticised the Government for the way it paid Linklaters & Paines more than £13m for advice on the sale of the first three rail franchises. The report criticises the Office of Passenger Rail Franchising, Opraf, for not using a competitive tender to choose Linklaters and for not […]
The JLD blog: How your personal brand can win you a training contract
Oscar Wilde is credited with saying, “Be yourself; everyone else is already taken”. With competition for training contracts rife, you need to stand out from the crowd. While there is no magic formula to securing a training contract, a strong personal brand will make a big difference. Here are five tips to help you along the way.
In-house interview: Tapping into Revolut’s global revolution
There is no stopping the £1.3bn, 1,000-employee fintech firm Revolut or its team-building head of legal, Tom Hambrett
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The speed read: climate change and coronavirus take centre stage – but don’t ignore Kennedys’ New Law play
Judges are signing up to the climate emergency Climate change is centre stage this week and as Greta Thunberg arrived in Bristol, Extinction Rebellion turned up on Bunhill Row to make an example of Slaughter and May. The protests are a bit embarrassing for Slaughters, but to be fair there are dozens of firms in […]
Mipim 2020: First firms pull plug on Cannes bash as European coronavirus cases mount
A slew of firms have withdrawn from Mipim as fears mount surrounding the spread of coronavirus across Europe. Harper Macleod was among the first to announce that it will no longer be sending delegates to the annual real estate conference. It has been joined by Norton Rose Fulbright and Morrison & Foerster and most recently […]
Patent lawyers left “scratching heads” as UK u-turns to quit UPC
The UK will no longer be a member of the Unified Patent Court (UPC) system, despite an underlying agreement made in April 2019. The news contradicts previous Prime Minister Theresa May’s commitment to the UK’s membership to the UPC. The Boris Johnson government has made it clear that it envisages a far looser relationship with […]
HSF, DLA and Peters & Peters successfully defend Barclays bankers as 7-year fraud trial ends
The Serious Fraud Office’s seven-year case alleging three Barclays bankers of fraud has come to an end after a jury cleared the trio of all charges. The SFO had alleged the three had lied to the market in official documents detailing two emergency cash calls in 2008, which helped the bank avoid a taxpayer bailout […]
Extinction Rebellion targets Slaughter and May to protest BigLaw “blood money”
Lawyers for Extinction Rebellion gathered outside Slaughter and May to protest what the group called the “blood money” law firms have been receiving from the oil and gas industry. The protestors focused on Slaughters due to its recent work on Premier Oil’s agreement to acquire $625m of oil and gas fields in the North Sea […]
Kirkland and Linklaters act on €17bn sale of Thyssenkrupp’s elevator business
Kirkland & Ellis and Linklaters have landed the lead roles on what is regarded as the largest buyout transaction done in Europe since the financial crisis. The US firm led for the consortium of private equity houses Advent International, Cinven and the Abu Dhabi Investment Authority, which paid €17.2bn for Thyssenkrupp’s elevator business. This consortium […]