Walker Morris’s PEP tumbles by 27 per cent

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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White & Case loses restructuring partner to Ashurst

Ashurst has hired restructuring partner Dan Hamilton from White & Case to strengthen the team in its London office. Ashurst has hired restructuring partner Dan Hamilton from White & Case to strengthen the team in its London office. Last week The Lawyer revealed that Ashurst’s partner vote on Hamilton’s hire was closing last Friday (10 […]

Shepherd & Wedderburn results reflect tough times

Edinburgh-headquartered Shepherd & Wedderburn’s turnover fell by 7 per cent in the 2008-09 financial year, with average ­profit per equity partner (PEP) dropping 26 per cent. At the end of the year the firm’s turnover stood at £39.6m, down from £42.6m, while PEP fell from £311,000 to £230,000. Chief executive Patrick Andrew said: “We, along with many […]

On the move

Gregor McGill (left) has been appointed head of the fraud prosecution service within the Crown Prosecution Service (CPS). Gregor McGill He was previously a ­divisional head at the Revenue and Customs Prosecution Office, where he was ­responsible for serious and organised crime. CPS director of public prosecutions Keir Starmer QC said McGill would handle some […]

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Teacher Stern to boost litigation after BLP raid

Teacher Stern plans to ramp up its corporate litigation and real estate teams in the wake of star partner Graham Shear’s departure. Graham Shear Media and sports litigator Shear defected to Berwin Leighton Paisner (BLP) last week (TheLawyer.com, 6 August). Shear will be joined by fellow Teacher Stern partner Joby Davies. The pair start at […]

Olswang snares ex CC finance director

Olswang is looking to improve its financial ­management after hiring Clifford Chance’s former US finance director Frans Post as chief financial officer. Olswang managing ­partner David Stewart said the move was an attempt to make Olswang’s lawyers more financially literate. “We’re keen to focus on better financial management and Frans’ hire is part of that push,” […]

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