Wilson Sonsini blames downturn for 113 layoffs

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Dentons names Kitchen as next chairman

Corporate partner Martin Kitchen has been named as the new chairman of Denton Wilde Sapte, following a contested election with a total of three contenders. Kitchen, whose three-year term begins on 7 February, replaces Dubai-based partner James Dallas, who will step down to focus on the Middle East energy practice. Kitchen said: “My manifesto was […]

Former Tyco GC joins E&Y in global role

Tyco’s former EMEA general counsel Trevor Faure is to set to take on the global general counsel role at Ernst & Young, leading a team of 300 lawyers. Tyco’s former Europe, Middle East and Africa (EMEA) general counsel Trevor Faure is to set to take on the global general counsel role at Ernst & Young […]

US firms pin hopes on Obama

It is not often we get to say this, but last Tuesday history was made. BARACK OBAMA New administration tipped to rejuvenate legal market It is not often we get to say this, but last Tuesday history was made. For Pillsbury Winthrop chairman Jim ­Rishwain, the inauguration of President Barack Obama will go down as […]

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MoFo cuts 201 jobs in latest round of layoffs

Morrison & Foerster announced today that it is making 53 lawyers redundant across its offices in the US. The US firm is also making job cuts in Europe, with one position eliminated in Brussels and up to 10, including five lawyers, in its London office. The firm, the latest in a rapidly growing line of […]

Magisters sets up shop in Kazakhstan

Ukrainian firm Magisters has extended its international ­presence by opening an office in Kazakhstan. The Astana office will be staffed by five lawyers and headed by arbitration partner Marta Khomyak, with further expansion planned. Khomyak said: “The Kazakhstan market remains attractive to international investors despite the current challenges in the global economy. The office will […]

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