US: Orrick halves German presence leaving future of five partners unclear

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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mishcon

At last, the gender balance at the top of UK law firms begins to shift

BLP and Squires lag, but elsewhere female partner promotion stats look healthy. For years women have been told that the unbalanced female to  male ratio at partnership level will right itself as PQE ticks by and generations move up the ranks. And for years that rhetoric has proved untrue. But this year might just see […]

This week’s top 15 legal briefings – 26 April 2015

We’ve got election fever at The Lawyer. We’ve reported on the lawyers standing for Parliament (and how one Tory candidate’s claims about his former career at Clifford Chance have been questioned), covered the legal aid pledges in the parties’ manifestos and looked at how many polling stations still don’t have access for disabled voters. So we’re always in the mood for an […]

Barclays

Barclays tops forex spend among UK banks with £2.5bn legal costs in Q1

Barclays set aside an additional £800m in the first quarter of 2015 to cover investigations and litigation related to foreign exchange rigging, its Q1 results reveal. In total the bank set aside £2.1bn for potential and ongoing forex investigations – a huge majority of the funds held for all legal, competition and regulatory matters, which […]

Eversheds launches Eversheds Aspire for apprentices

Eversheds has launched Eversheds Aspire – an apprentice scheme for talented individuals wishing to develop a professional legal or business services career. According to the firm, Eversheds Aspire is a key component in the firm’s response to the clear market need to attract, develop and retain new talent.

Wragge Lawrence Graham & Co advises Staffline on £34.5m acquisition of A4e Ltd

Wragge Lawrence Graham & Co has advised AIM-traded Staffline on its £34.5m acquisition of A4e Ltd, creating one of the UK’s largest Work Programme providers. Staffline, the staffing services, outsourcing, training, and Employability organisation, has acquired the entire issued share capital of A4e Limited, a leading welfare to work and employment training provider, for £23.5m […]

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