Sponsor message: Alvarez & Marsal

Sponsor message: Alvarez & Marsal

Privately held since its founding in 1983, Alvarez & Marsal (A&M) is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services.

With over 4,500 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. A&M leverages its restructuring heritage to turn change into a strategic business asset, manage risk and unlock value at every stage of growth. Continue reading “Sponsor message: Alvarez & Marsal”

Sponsor message: SSQ

Sponsor message: SSQ

Every year the GC Powerlist brings together long-standing and emerging talent leading some of the best in-house legal functions in the UK and across the globe. This year is no exception and we would like to congratulate all of those that have made it into the GC Powerlist for 2020.

This year is focused on those transforming legal services. This transformation is happening at a rapid pace driven by innovative, business-focused and brave leaders in-house who are pushing the needle across so many areas. They are not only revolutionising how in-house legal teams utilise technology and people more effectively and efficiently, they are also influencing the modernisation of law firms, demanding diversity, innovation and flexibility. Most importantly, by unleashing the true potential of a best-in-class legal function, they are ensuring that in-house legal functions are true business partners. Continue reading “Sponsor message: SSQ”

Sponsor message: The Law Society of Scotland

Sponsor message: The Law Society of Scotland

The Law Society of Scotland is the professional body for over 12,000 Scottish solicitors. Our overarching objective is to lead legal excellence, serving the needs of our members and the public. We set and uphold standards to ensure the provision of excellent legal services and ensure the public can have confidence in Scotland’s solicitor profession.

Nearly 30% of our members work in-house making a critical contribution to the success of the companies and organisations that employ them. The Law Society of Scotland is proud to represent and support our members working in-house in Scotland and beyond. Continue reading “Sponsor message: The Law Society of Scotland”

Sponsor message: Willis Towers Watson

Sponsor message: Willis Towers Watson

At Willis Towers Watson, our clients benefit from both the depth of our resources across account management, risk management and claims advocacy, and the influence with underwriters that comes from being one of the largest insurance brokers in the world. We are not tied to any one insurer in the legal services sector, giving clients choice and the ability to generate genuine competition. Our highly-experienced brokers are committed to negotiating robust cover at the best possible price.

As well as bringing you the advantages of our global presence, we also offer a unique proposition to the legal services sector: we only work with law firms with 11 or more partners (or directors). This enables us to build close relationships with each of our clients and provide a personalised service from dedicated account handlers. It is the combination of our specialist teams, with the ability to offer tailored and innovative solutions, that sets us apart as the risk consultant and broker of choice. Continue reading “Sponsor message: Willis Towers Watson”

Sponsored briefing: Effects of Covid-19 pandemic on private sector employment and applicable methods

Sponsored briefing: Effects of Covid-19 pandemic on private sector employment and applicable methods

As we stated in our publication dated 16 March 2020, the Covid-19 (Coronavirus) pandemic indicates that it is one of the most important projections on the employment relations between employer and employee. Under current circumstances; many employers have been carrying on or will carry on remote working (homeworking) in regard to their white-collar employees either for all of them or alternately until a further notice is made. The current status of the pandemic and the applicable solution methods particularly in the scope of employment relations in terms of the uncertainty of the pandemic’s spreading speed and the precautions taken by the government are examined in this publication.

1. The Solution Methods That Could Be Applied in Terms of Continuation of Employment Relation

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Sponsored briefing: COVID-19 and its effects – Frequently asked question in context of labour law

Sponsored briefing: COVID-19 and its effects – Frequently asked question in context of labour law

Nowadays, witnessing the heavy effects of Covid-19 (Coronavirus), described as a ‘pandemic’ by the World Health Organization (WHO), on employee-employer relations, we share our evaluations regarding the issues put on the agenda by any employees and employers, here in this article in the form of frequently asked questions.

1. What sort of precautions can be taken in the workplace due to the pandemic?

Enterprises should determine the measures to be taken in the workplace and work areas, take decisions and implement them immediately such as providing and positioning disinfectants, following the hygiene rules and supplying masks through gathering the Occupational Health and Safety (OHS) committees. Necessary precautions should to be taken in terms of hygiene and cleaning, by working with occupational safety specialists and workplace doctors. Continue reading “Sponsored briefing: COVID-19 and its effects – Frequently asked question in context of labour law”

Sponsored briefing: Practical Information for Businesses in the Face of COVID-19

Sponsored briefing: Practical Information for Businesses in the Face of COVID-19

After the first novel coronavirus case in December, COVID-19 has gradually, yet rapidly, expanded and finally has managed to bring the entire world to a collective halt. Social restrictions and containment measures continue to increase to take the pandemic under control and to eliminate its fatal consequences, both on civilians and economies.

Under these circumstances, it has become obvious that the COVID-19 pandemic started to trigger substantial legal consequences predominantly on i) Contractual Obligations, ii) Employment and iii) Data Privacy. Accordingly, this article aims to provide an efficient guide on the repercussions of the novel coronavirus, from a practical perspective. Continue reading “Sponsored briefing: Practical Information for Businesses in the Face of COVID-19”

Sponsored briefing: Advisory Announcement of the Ministry of Trade on the Dividend Distribution of Companies during COVID-19 Outbreak

Sponsored briefing: Advisory Announcement of the Ministry of Trade on the Dividend Distribution of Companies during COVID-19 Outbreak

The letter that was sent to all chambers of commerce by the Turkish Union of Chambers and Commodity Exchanges (TOBB) on 1 April 2020, numbered 34221550-045.02-3392 referring to the letter of the Ministry of Trade (Ministry) dated 31 March 2020 (the Announcement) advises companies to preserve their equities during the COVID-19 pandemic. TOBB also made an advisory announcement regarding the need to limit the distribution of profits in order to prevent companies from falling into a state of capital loss and debt because of the outbreak. The Announcement recommends all companies, except state-owned enterprises, preserve their equities and in this regard, take the below principles into consideration for General Assembly meetings for the 2019 financial year that will be held this year.

How the Ministry recommends decisions to be taken on General Assembly meetings with regard to profit distribution?

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Sponsored briefing: Legal effects of Covid-19 on the business life

Sponsored briefing: Legal effects of Covid-19 on the business life

Coronavirus, also known as COVID-19 (Coronavirus), has negatively affected business life in a very short period due to the precautionary measures taken in order to prevent its rapid spread, such as the ban on travelling, halt of production, quarantine practices, and national emergency resolutions, since its very first appearance in Wuhan, China. This epidemic, which has become a global threat, has been declared by the World Health Organization (WHO) to be a ‘pandemic’ (geographic epidemic above regions and groups) as of 11 March 2020.

The emergency measures that have been taken regarding Coronavirus have massively affected ongoing business life on a daily basis. Considering the unexpected and fast-moving nature of the epidemic, force majeure clauses in contracts and force majeure approaches of states and judiciary authorities have become one of the focal points of business people, shareholders and other market players, especially in terms of possible delays or non-performance in commercial relations. On the other hand, issues such as disruptions in supply and distribution chains, closure of workplaces and harbours, disruptions at customs, labour shortage and a decrease in consumption are interpreted as the preview of a global crisis. While the effects of the epidemic and the severity of the measures have increased day by day, we deem it helpful to address the effects of this pandemic from a multifaceted legal perspective within this article. Continue reading “Sponsored briefing: Legal effects of Covid-19 on the business life”