Autumn Budget 2017 update
As expected, in one of the most substantive changes to the taxation of real estate in recent years, the Chancellor has announced the extension of corporation tax to the income of non-UK corporate landlords (NRCLs).
House in order
The Bribery Act 2010 and associated white-collar crime legislation may have caused a headache for the c-suite but in-house teams have much to be thankful for.
The Legal Services Act ten years on – still waiting for the Big Bang
It has been ten years since the Legal Services Act gained Royal Assent, ushering in the most liberal services market in the world by some margin. Given that span of time, and the five years since the most radical elements of the act came into force with the regime for alternative business structures (ABS), it …
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Significant matters – Winter 2017
National Grid renews roster National Grid, which carried out its last full panel review in 2015, has reappointed 12 firms to its roster including Norton Rose Fulbright, Addleshaw Goddard, Irwin Mitchell and Herbert Smith Freehills. These firms, which were newly appointed in 2015, join CMS Cameron McKenna Nabarro Olswang, DLA Piper, Eversheds Sutherland, Linklaters, Berwin …
Fresh starts
Look out law schools, there is a disrupter in town. Naturally, that town is Silicon Valley, the home of innovation. And the innovator in question is University of California Berkeley, which includes a leading US law school, renowned for its prowess in technology and IP.
Nowhere to run
A key session of the Commercial Litigation Summit tackled aspects of global investigations from an in-house and external adviser perspective. Clifford Chance partner Judith Seddon began by looking at deferred prosecution agreements (DPAs) and self-reporting. She posed the question: ‘How effective are DPAs in changing corporate behaviour? From a corporate-governance perspective, does the failure-to-prevent offence …
The cutting edge
During Apple’s earnings conference call in May, chief executive Tim Cook discussed the company’s long-running and bitter dispute with Qualcomm, a company that manufactures internal components for the iPhone.
Joining the dots to manage data risk
The In-House Lawyer’s earlier survey with DAC Beachcroft in the Spring 2017 issue, ‘Managing Risk: The In-House View’ identified these key points:
AG Integrate in action
Feature
Innovation in legal services remains the buzzword of the moment, yet what clients require from their law firms remains the same – a true understanding of both their legal and business needs. Firms continue to explore the cost and time-saving benefits that AI and legal technology bring, as well as employing flexible resourcing models as …
Who’s afraid of the Big Bad Four?
‘It has happened to me where you serve a client, have a great book of business, and then Ernst & Young [EY] is lucky enough to win the audit work for that client,’ says EY global legal head Cornelius Grossmann, reflecting on the vagaries and rewards of providing legal services in a Big Four giant.