The last two years have seen enormous growth in the legal market. With reports of record profits for many firms, particularly in the top 100, equity partners have enjoyed a considerable boost to their earnings. However, the need to resource this surge in demand for legal services has created a battle for talent and a …
Continue reading “Concerned about your PEP in market uncertainty?”
For most UK law firms, the 2020 pandemic drove home the power of digitalisation.
No director relishes learning that their company may have engaged in misconduct such that they have to decide whether to voluntarily self-report any suspicions to an enforcement agency. Directors are fiduciaries of their companies and are legally required to put the interests of the company’s stakeholders first, including decisions whether to self-report. Misconduct can come …
Continue reading “Self-reporting: what are the considerations”
Risk management is a key component of corporate governance, and boards will look to their in house legal teams for advice on where the main legal risks arise.
Monaco’s attractive tax system is commonly known for the total absence of income tax and wealth tax applicable to individuals residing in Monaco (other than French nationals), as well as the full exemption of gift and inheritance tax between spouses and in direct lines, giving rise to wealth planning opportunities for high-net-worth individuals.
Digitalisation and the transformation to service-based economies allow larger parts of the workforce to perform their work from any place in the world.
‘There is a real mismatch in how gloomy the economy feels and how busy the legal professional feels,’ observes Deborah Finkler, Slaughter and May’s managing partner. ‘We’re incredibly busy and it wouldn’t surprise me that in the similar conversations you’re having with other managing partners, they will say the same. Th ere is just a …
The arrival of Covid-19 into Aotearoa New Zealand in March 2020 brought significant disruption to the daily lives of New Zealanders and to the legal profession. As in many other countries around the globe, ‘lockdowns’ and social distancing measures necessitated radical changes to all manner of human interactions during the global health crisis, including to …
Israeli courts continue to operate under heavy workload, resulting in significant increase in local and international arbitration proceedings During most of the Covid-19 pandemic period, Israeli courts and legal practitioners continued to work at full force. In fact, some empirical data show that ever since the eruption of the global pandemic, more litigation proceedings were …
Continue reading “Litigation and dispute resolution in Israel”
As one of the largest economies, China has been dedicated to a pro-arbitration jurisdiction, promoted by a favorable policy environment. As the original form of arbitration, ad hoc arbitration widely exists in international practice. However, the current arbitration law of the People’s Republic of China (‘arbitration law’) only provides for institutional arbitration whereas ad hoc …
Where a company is acquired or sold in a share deal by a Dutch company, the participation exemption generally applies on both sides of the transaction. If the participation exemption applies, on the seller’s side, capital gains should be exempt from Dutch corporate income tax.
Tax lawyers across the country have been on high alert in recent months amid the chaos caused by the disastrous mini-budget unveiled by now-former Chancellor Kwasi Kwarteng at the end of September.