US law firm Squire Patton Boggs drops Russia’s Gazprombank as client March 12, 2022 US law firm Squire Patton Boggs has dropped Russia’s Gazprombank as a client, after closing its Moscow offices. Squire Patton Boggs’ decision to exit its relationship with Russia’s third largest bank comes after the US law firm was hired by Gazprombank in 2014 to lobby against US sanctions, following Russia’s annexation of Crimea. Gazprombank’s relationship [...]
Law giant CMS closes Moscow offices after coming under fire for links to oligarchs March 11, 2022 European law giant CMS has said it will close its Moscow offices and withdraw from the Russian market, after Conservative MP Bob Seely named CMS partner Geraldine Proudler as one of four “amoral” lawyers working for oligarchs to silence the press. In a post on Linkedin today, the law firm said it had decided that [...]
European law giant CMS hikes salaries for London and UK trainees March 11, 2022 European law giant CMS has given all of its UK trainees a pay rise. The law firm said its London trainees will get a five per cent pay rise, which will see first year salaries upped to £46,725 a year, and second year salaries rise to £52,5250, CMS told City PM The law firm will [...]
Weekend Explainer: Why has Gordon Brown said Vladimir Putin should face a Nuremberg-style tribunal? March 5, 2022 Today, at an online event hosted by Chatham House, former UK prime minister Gordon Brown called on countries to set up a special tribunal, in line with the model used in the Nuremberg trials, to punish Vladimir Putin over Russia’s invasion of Ukraine. Speaking at the Chatham House event alongside Ukraine’s foreign minister Dmytro Kuleba, [...]
German court tells ResearchGate to take down academic papers following copyright lawsuit March 4, 2022 A German court has said academic social media website ResearchGate must take down research papers that were uploaded onto its website by academics, after ruling in favour of two academic publishers, who claimed ResearchGate’s activities break copyright laws. The Munich court said ResearchGate, which has 20 million users worldwide, must take down research papers that [...]
Eversheds cuts links with Russia after denying it works for oligarchs March 4, 2022 London law firm Eversheds has said that it is not currently working for the Russian government, Russian oligarchs, or the the Russian Federation’s state-owned firms, after vowing to cut links with Russia. In a statement, Eversheds said it now intends to refuse any offers of work from “Russian entities,” as it confirmed that all of [...]
Dutch law firm nicknamed ‘the Kremlin office’ cuts ties with Russian government March 3, 2022 A DUTCH law firm, which came to be known as “the Kremlin office” due to the work it carried out on behalf of the Russian government, has cut its links to the Putin regime, in response to Russia’s invasion of Ukraine. Amsterdam headquartered firm Houthoff, which also has offices in the City, also vowed not [...]
Plans to crack down on money laundering may be vulnerable to loopholes, campaigners say March 3, 2022 Campaigners have warned that the government’s plans to crack down on “foreign criminals” laundering money through the UK property market, may be vulnerable to loopholes. The comments come after the government set out plans to force those who own UK property through foreign-registered shell companies to reveal their true identities. The plans will see the [...]
US law firm bucks the homeworking trend by signing lease for larger Canada offices March 3, 2022 US law firm Jenner & Block is set to buck the trend towards office downsizing by expanding the size of its Canada offices. The Chicago headquartered firm will take on new premises with 45 per cent more office space than it currently has at its offices in Tower 42. In a statement, [...]
Legal View: Why the law is an underappreciated asset class March 3, 2022 Economists have recently acknowledged the existence and the value of natural assets in ways which open new avenues of thought. Guy Beringer, former chair of UK Export Finance and currently the director of LegalUK, argues that the same process of recognition and revelation should apply to another class of asset which impacts the quality of [...]
