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Tuesday, March 29, 2016

News Alert: KWM overhauls profit distribution system following repeated delays


Legal Week | News Alert
March 29, 2016
KWM overhauls profit distribution system following repeated delays
The legacy SJ Berwin arm of the firm has been dogged by delays in distributing partner profits in recent months
'There is a lack of recognition that millennials have a different approach' - how can firms keep associates on side?
Law firm associates are placing new demands on their employers - so what issues do firms need to address to ensure a happy workforce?
Am Law 100: Kirkland & Ellis keeps revenue rising as partner profits reach $3.6m
Strong financial year for Kirkland sees revenue and partner profits rise once again, despite recent fluctuation among partner ranks
Gibson Dunn and Linklaters lay foundations for UK brick maker's £450m London listing
Forterra flotation hands lead roles to Gibson Dunn and Linklaters
Maclay Murray & Spens chairman steps down
Chairman's exit comes after the collapse of merger talks between Maclays and Addleshaw Goddard
RBS appoints former Barclays deputy GC as legal head
RBS has appointed Barclays' former deputy group GC Michael Shaw as its new GC replacing John Collins who is joining Santander
Serious and organised crime costs the UK at least £24 billion each year
Learn more about due diligence and recognising the red flags to protect yourself and your business from money laundering:
  • Are there reasons not to trust your client?
  • Are there inconsistencies in the information provided?
  • Is the amount of funds and their source unusual?
  • Are there discrepancies in their transactions?
In association with: Home Office, the Law Society, Solicitors Regulation Authority, National Crime Agency
Legal Week Law Legal Briefings & Resources
Record fines for GSK in UK's first 'pay-for-delay' competition case: implications for pharma firms
GlaxoSmithKline’s recent £37m fine from the CMA marks the first time that the UK competition authority has fined pharma businesses for so-called 'pay-for-delay' settlements aimed at delaying the entry of generic competitors into the market. This Shoosmiths briefing looks at the implications.
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