The CRC Energy Efficiency Scheme is a UK government initiative to reduce carbon dioxide emissions from organisations meeting certain qualification criteria. If an organisation meets the criteria, it must participate in the CRC. The first phase of the scheme runs from April 2010 to the end of March 2014. However, registration for Phase 2 of […]
More than two years after they were originally proposed, on 10 December 2013 the federal banking agencies, the Securities and Exchange Commission and the Commodity Futures Trading Commission adopted final regulations to implement section 13 of the Bank Holding Company Act (commonly known as the ‘Volcker Rule’). The final rule — which is the culmination […]
A new Criminal Procedure Code was enacted in Serbia in October 2013. A very significant change in criminal proceedings, the new code has introduced the new concept of investigative proceedings into the process. Whereas previously investigative proceedings were handled by an investigative judge, the new code makes the public prosecutor responsible for carrying out and […]
King & Wood Mallesons SJ Berwin (KWMSJB) has extended its footprint in the Middle East, through an exclusive association with the Law Office of Majed Almarshad in Riyadh. Almarshad is a Saudi qualified of counsel, who has worked in the corporate practice of legacy SJ Berwin’s Dubai office since 2011. He will lead the new […]
The run-up to Christmas is a classic time to reassess your career. Get some ideas by browsing through our regular Job Watch feature, where we interview recruiters on current trends and what employers are after. Job watch: Transport Job watch – Projects Job Watch: Immigration Job Watch: Commercial litigation Job watch: Regulatory and compliance
US firm Brown Rudnick is expanding into Paris through the hire of litigation partner Sébastien Bonnard from boutique Lacourte Raquin Tatar. The French team will also include partner Nicholas Tse, who joined Brown Rudnick’s London office early last year from Gide Loyrette Nouel (12 February 2012). Bonnard, also a former Gide lawyer, worked alongside Tse […]
Investment bank Nomura has wrapped up a review of its panel firms in Europe, the Middle East and Africa (EMEA), reappointing Osborne Clarke to its existing list of legal advisers. Mayer Brown, Allen & Overy (A&O), Linklaters, Travers Smith and Ashurst all kept their places on the panel, which was last reviewed in 2010 (5 August […]
Fire fighting producer Angus Fire has named the chief legal counsel of Caresteam Health, Nicholas Brown, as its general counsel following a £62m management buyout (MBO) of the business over the summer. Brown will now build an in-house legal function from scratch after a significant equity stake in the fire hose maker was brought by Lloyds […]
With Blake Lapthorn, Morgan Cole and Boyes Turner looking to pulloff a three-way merger, Joanne Harris looks at the numbers behind the deal. In the history of the legal market, tripartite mergers are rare. While the June 2011 merger between legacy Norton Rose, Deneys Reitz and Ogilvy Renault has largely been seen as a success, […]
In September this year The Lawyer devoted an entire issue to futurology. What would the legal profession look like in 2020? We made specific predictions around UK market consolidation and law firm collapses, a radical change in resourcing structures and growing demands from in-house lawyers. It was one of our most successful editions of the […]
This was a year dominated by merger activity in the legal market. For some firms, such as Ashurst and Herbert Smith Freehills, there was a desire for international expansion. For others, such as Slater & Gordon and DWF, there was opportunity to be grasped in being the dominant consolidator. And then there were the game-changing […]
The year will be remembered for redundancies and consolidation, as firms looked to cut costs and reduce overheads. Here The Lawyer takes a look back at what has been a transformative year, from the collapse of Cobbetts and the pre-pack sale of Manches to Penningtons to the coming together of SJ Berwin and King & […]