‘There will be uncertainty’: partners discuss consequences of Scotland voting ‘no’ Legal Business Scotland’s ‘no’ to independence last month returned confidence to the markets with a spike in sterling and share prices of…
News in brief – October 2014 Legal Business LORD CHANCELLOR ACTED ‘UNLAWFULLY’ IN LEGAL AID CONSULTATION Kingsley Napley and 11 KBW last month acted for the London Criminal…
BSB enforcement report shows improvements with disciplinary action doubling as body appoints new board members Sarah Downey With the Bar having long been slower to change in a post-Legal Services Act environment compared to its solicitor counterpart,…
A better Judiciary to realise Turkey’s potential Legal Business MARKET VIEW – LITIGATION Mehmet Gün, senior partner at Gün + Partners, examines the difficulties facing the Turkish judiciary and…
‘We have dodged huge expense and uncertainty for businesses’: early partner reaction as Scotland says ‘no’ Michael West Scotland voted no to independence yesterday by a wider margin than many had expected, providing certainty to a legal market…
Short-term boom but long-term questions loom for lawyers if Scotland votes to go it alone Legal Business Michael West finds mixed feelings on independence from Scotland’s bloodied legal profession It’s long been a hoary cliché to say…
Will $50bn Yukos award lead states to pull out of international arbitration treaties? Legal Business The landmark Yukos decision has forced governments to consider the consequences of entering into international treaties that allow foreign investors…
Breathing space for MOJ as Court of Appeal orders OpCotton trial to resume Caroline Hill In a verdict that gives the Ministry of Justice at least a temporary reprieve in its legal aid battle with…
Lord Chancellor Chris Grayling brought in on landmark ‘Opcotton’ legal aid appeal Legal Business The Lord Chancellor Chris Grayling has been brought in on today’s (13 May) landmark appeal challenging a Crown Court decision…
CMS junior partners to pay up to £50k in response to HMRC shake-up Sarah Downey CMS Cameron McKenna has called on its fixed-share partners (FSPs) to make a substantial contribution of capital in light of…
Anger as the Bar prepares to vote on legal aid deal and QASA appeals continue Legal Business High emotion and anger over the Criminal Bar Association’s (CBA) decision to strike a deal with the Government on legal…
LB100 firms review partnership model as HMRC’s LLP changes loom Sarah Downey The impact of HM Revenue & Customs’ decision to overhaul the way salaried partners are taxed is being felt across the…
Tax overhaul threatens US firms with four-year cash drain but could boost global mergers Legal Business US law firms are facing a fundamental overhaul over the way they calculate and distribute their profits that could result…
LB100 firms review partnership model as HMRC’s LLP changes loom Sarah Downey The impact of HM Revenue & Customs’ decision to overhaul the way salaried partners are taxed is being felt across…
LLPs face hike in tax bills as legislative changes target salaried partners David Stevenson Limited liability partnerships (LLPs) are facing significantly increased tax bills after HM Revenue & Customs (HMRC) issued draft legislation this week…
No pay for delay: Court of Appeal holds firm on costs decision in ‘plebgate’ case Legal Business The post-Jackson hardline approach to costs budgeting was reinforced by a landmark Court of Appeal decision today (27 November) in…
New SRA figures show record solicitor numbers as profession not so much declines as changes shape Sarah Downey Contrary to the often bleak picture painted of dwindling numbers entering a legal profession in crisis the number of practising solicitors…
Guest post: R (PressBoF) v Culture Secretary: the hearing Legal Business I was in court 68 at the Royal Courts of Justice yesterday morning (30 October) to hear the Press Standards…
Guest blog – In the small print: Huge shake up in UK bribery enforcement, US style whistleblowing & UK False Claims Act Legal Business Buried in the small print and missed by many in the hullabaloo surrounding the launch of the new UK National Crime…
The $6.4trn question – as legal advisers jostle for position, can shale gas live up to the hype? Legal Business Jaishree Kalia assesses the big hopes and big risks facing the emerging shale gas industry Every few years a new…