Weil boosts Paris finance with senior A&O hire

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Latest Briefings

Consumer loan agreements denominated in Swiss francs

By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]

Are robots writing your will?

By Aidan Grant Law firm VWV conducted a poll which found that the majority of people asked are wary about the use of artificial intelligence in the preparation of wills, with almost a third of respondents saying that they would not want any artificial involvement at all. It must be said that, as with many stories, […]

Adjudication decisions: Avoiding enforcement where the money may disappear

By Michael Bennett The losing party in an adjudication always asks one question – do we really have to pay?  In most cases the answer will be yes, but the list of reasons for saying no just got slightly longer. The recent Court of Appeal case of Gosvenor London Limited v Aygun Aluminium UK Limited [2018] EWCA […]

Data Protection Officer: Bar Association makes announcement on overlapping roles

The General Council of the Portuguese Bar Association («PBA») has finally announced its position on the situation of lawyers who act as Data Protection Officers («DPOs»). This announcement clarifies the PBA’s understanding on holding the position of DPO while practising as a lawyer. The PBA’s position appears in Opinion no. 14/PP/2018-G, published on 28 September […]

Cayman Islands economic substance requirements

By Nick Rogers, David McIntyre From 1 January 2019, new legislation will come into effect in the Cayman Islands, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. The International Tax Co-operation (Economic Substance) Law, 2018 was passed on 17 December 2018, after an extensive process of consultation with the EU […]

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New Virgin Group GC to review panel

Virgin Group is in the throes of a full-scale review of its external legal advisers. The group has invited all of its existing panel firms to participate in the review. Virgin has also invited one City firm and three smaller firms with which it currently does not have relationships to pitch for panel places. The […]

Hot food and cold women

One would think that associate pay and the retention of fee-earners would be among the most pressing issues facing managing partners of UK firms at the moment. Apparently not. During a recent meeting of six of the City’s leading managing partners, the two hottest topics of conversation were the quality of in-house catering and what to do about […]

DLA Piper opens in Beijing with Coudert crew

DLA Piper Rudnick Gray Cary is finally open for business in Beijing after the Chinese Ministry of Justice approved its licence application. The granting of the licence follows DLA Piper’s plundering of the Beijing practice of Coudert Brothers earlier this year. The team from Coudert included China practice managing partner Jingzhou Tao, who will head […]

Cravath sets static bonus trend

Cravath, Swaine & Moore has set the tone for year-end bonuses in the US,awarding associates unchanged figures between $30,000 and $60,000. Senior associates at the Wall Street heavyweight will take home $60,000 whenthe bonuses are paid on 16 December, equal to last year’s maximum associate bonus. First-year associates will meanwhile receive $30,000. This is in […]

Queen’s wench

The Herbert Smith press party the other day provided a chance to meet up with the great and the good of the City firm. One of the hot topics of the night was Herbies’ imminent partnership retreat. But instead of looking forward to a few days out of the office, most partners were cursing the […]

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