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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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Grapevine

Property star Julian Holy lost his appeal to the High Court last week (11 May) against the Law Society’s decision to strike him off the solicitors’ roll. Holy’s holey defence Property star Julian Holy lost his appeal to the High Court last week (11 May) against the Law Society’s decision to strike him off the […]

CC raises NQ salaries to catch up with magic circle rivals

Clifford Chance has followed the lead of the other magic circle firms by raising salaries for newly qualified lawyers to £55,000. Clifford Chance is the last of the magic circle firms to announce its salary increase for the 2006-07 year. Newly qualified lawyers salaries have risen from £51,000 to £55,00, an increase of almost eight […]

Legal Services team braced for compulsory redundancies as RAC outsources solicitors

The RAC is dramatically slashing its Bristol-based Legal Services division in a move that affects 90 lawyers and staff. An ongoing review has resulted in the decision to outsource the division’s solicitors’ practice, which employs 46 lawyers and staff, as well as the 34-strong Uninsured Loss Recovery team. The employees concerned, who were informed of the decision […]

Best of both worlds

The influx of US investors into European leveraged finance has paved the way for a convergence between the two markets. Barbara Choi reports Not so long ago the US and European leveraged finance markets were distant cousins, bearing little resemblance to each other. If you turn back the clock in Europe just five years, the […]

International report

Egorov Puginsky Afanasiev & Partners, the largest domestic law firm in Russia, has its sights set on opening in London. As reported by The Lawyer (20 March), the firm is hoping to build its presence through barristers rather than solicitors. Managing partner Dimitry Afanasiev said his firm had decided to pursue the non-traditional route in […]

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