Blockchain and distributed ledger technology offers significant and scalable processing power, high accuracy rates, and apparently unbreakable security at a significantly reduced cost. This article explains how.
Key changes to the EU Trade Mark Regulation come into force on 1 October 2017. This article looks at the three main elements.
The CMA has issued guidance - and a further warning - to the estate agency sector. This article examines the key points.
China currently accounts for one quarter of global renewable energy capacity and one third of all global investment in renewables. This article examines the implications for the energy sector.
Regulators across the globe have been speaking out (and in some cases acting out) on initial coin offerings (ICOs). The UK’s Financial Conduct Authority (FCA) has now added itself to the map...
This briefing examines the recent decision by the the European Court of Human Rights in Barbulescu –v- Romania .
The regulation represents yet another attempt by a state to work around the U.S. Supreme Court’s decision in Quill Corp v. North Dakota.
The Court of First Instance’s decision has important implications for directors of listed companies when failing to act in the best interests of the company.
The EU Court of Justice's decision to refer the Intel case back to the General Court highlights the role of an economics based approach in determining whether exclusivity rebates breach competition law.
This article examines the Department for Digital, Cultural, Media & Sport's proposed Cyber Security Directive.
Legal Week combines the latest news with the sharpest commentary and analysis, making it the brand that clients, lawyers and private practice firms rely on.
The success and reach of Legal Week enables us to deliver a series of market-leading events, including our popular breakfast briefings, awards and conferences.
You are currently accessing Legalweek.com via your Enterprise account.
If you already have an account please use the link below to sign in.
If you have any problems with your access or would like to request an individual access account please contact our customer service team.
Phone: +44 (0)870 240 8859
Hogan Lovells partners are to pay in additional capital to the firm later this year, as part of a long-running initiative to boost the global firm’s capital reserves.
Partners’ capital payments will increase by 7.5% per year for the next five years, equating to around £10m each year.
The initiative extends an existing plan drawn up in 2014, when partners agreed to increase their capital contributions by 7.5% in both 2015 and 2016. This year-on-year increase will now continue until 2021.
The firm’s board held discussions with partners last year about extending the recapitalisation plan, but no partnership vote was required.
Hogan Lovells deputy CEO David Hudd said: “We take a very conservative approach to managing our business and are averse to long-term bank debt. The programme is there to give the firm flexibility as we look at future investments.”
The Anglo-US firm’s revenue climbed by 2.3% to $1.82bn (£1.25bn) in 2015, with profits per equity partner (PEP) seeing a similar increase.
The results, which covered the calendar year to 31 December 2015, represented an increase from $1.78bn (£1.23bn) in 2014. PEP at the Anglo-US firm increased from $1.22m (£839.9m) to $1.25m (£862.7m) – a rise of 2.7%.
However, the firm’s accounts for the year to 30 April 2015 showed turnover at Hogan Lovells International – which encompasses all of the firm’s operations outside the US – fell by 2.2% last year, with profit per equity partner falling 11%.
Its cash position fell significantly, with £23.7m net cash at the year end, compared to £72.6m the year previous.
Firm set to shed dozens of senior business services staff
Former Hogan Lovells and Akin Gump partners on Trump's legal team slip up with steakhouse indiscretion
Review set to affect 78 business services roles and 12 legal support roles in London
Hogan Lovells advising Lloyds Banking Group as collapsed PR agency's biggest lender
Glasgow-based partner to lead Pinsents' Scotland and Northern Ireland operations
After joining a select band of major law firm leaders to have taken up a similar role at a rival, Sir Nigel Knowles explains the thinking behind his move to DWF
A&O's managing partner discusses transatlantic mega-mergers, the Brexit 'phoney war' and the factors behind the firm's record-setting year
You will support the London-based Technology, Product Development and Marketing teams..
London (Central), London (Greater) (GB)
Our Client provides legal and regulatory advice for renewables, power, utilities and oil and gas companies, in the UK and internationally.
LEAD CONSTRUCTION PARTNER* TOP 100 With a concise and clear strategy to build its well regarded construction practice, this full service and progre...
City of London
£200,000 - £600,000