Challenge your external advisers on non-lawyer mythology
Feature
New Law is as a breed still a lot better at promise than delivery, particularly on claims of providing better value than law firms.
Significant matters – Summer 2021
Feature
New role for Booth at Crown Estate Rob Booth, one of the leading lights of the in-house legal community, will be stepping away from his position as general counsel and company secretary at The Crown Estate to become the company’s new head of assets.
Ahmed Badr – GoCardless
Feature
Ahmed Badr did not want to be a lawyer. A self-professed ‘huge geek’ at school, he was never happier than when sat a computer doing some programming or web design. ‘You would never find me playing football,’ he reflects.
Anthony Kenny – GSK
Feature
The In-House Lawyer (IHL): Can you describe your career path so far and tell us a little bit about your current role at GSK?
Compliance programmes and the protection of legal privilege | Steptoe & Johnson
Legal Briefing
In recent years, financial crime prosecutors have sought to encourage companies to establish compliance programmes designed to avoid – or at least detect – illegal conduct, by including the requirement as a precondition to their securing a reduced penalty, or other form of leniency, following a compliance incident. In responding to those incentives by implementing …
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Arrested development
Feature
The legal industry is still fragmenting. Pre-2008 it was an easier game: a buoyant economy, predictable government and a converging world flattened by globalisation and the internet. Law firms sought to be ‘global’ and ‘full-service’ and merged or opened offices accordingly. The business model was simple: bigger clients, bigger teams, higher utilisation, higher rates. Hold …
Moving ethnicity pay gap evaluation from the ‘too difficult’ pile | Eversheds Sutherland
Legal Briefing
Against a backdrop of Government expressions of support for ethnicity pay reporting in the UK in 2018 and a consultation paper which appeared to favour some form of Government intervention, the lack of any legislative proposals since had been perceived by some as a sign of waning commitment. Immediate reaction to the independent Government Commission …
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Is the Magic Circle’s dominance in the UK M&A market under threat?
Feature
‘It’s a snowball effect. Look at private equity (PE) – that used to be dominated by Clifford Chance (CC), Freshfields and Ashurst but now it’s US firms,’ warns Weil London head Mike Francies. ‘The same hasn’t happened in M&A yet but nearly all of the top US firms here are now trying to build it. …
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Bill of law to enhance the protection of consumer rights: a new data protection authority in Chile | Carey
Legal Briefing
The current Chilean regulations on data protection, Law No 19,628 on privacy protection (DPL), enacted in 1999, has become outdated and it does not properly regulate new scenarios that the development of legal relationships between participants of an economic system creates.
Spotlight on Germany – the new Digitalization Act | Latham & Watkins
Legal Briefing
With its enactment of the new German Digitalization Act (GWB10) on 19 January 2021, Germany became one of the first countries to upgrade its statutory toolbox to tackle the (perceived) market power of digital giants. The most prominent tools aim to address behavioural and structural market deficiencies (paras 19(1a), 20(3a)) and ease data access (paras …
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New UK government powers to block deals on national security grounds | Brodies
Legal Briefing
The National Security and Investment Act 2021 completely overhauls the UK’s approach to government screening of investments. It will create a free-standing regime with unprecedented new government powers to investigate and block acquisitions (of entities or assets) on security grounds. Expected to be in force by the end of the year, the Act could be …
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The Turkish Competition Board and the ice cream war | ELIG Gürkaynak Attorneys-at-Law
Legal Briefing
The Turkish Competition Board (the Board) decided that several practices of Unilever Sanayi ve Ticaret Türk AŞ (Unilever) amounted to infringement of Article 4 and Article 6 of the Law No 4054 on the Protection of Competition (Law No 4054). 1