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Linklaters launches employment platform for tech start-ups

Linklaters has launched an innovative platform aimed at helping tech entrepreneurs turn their small business into a company with the potential to grow. TechLinks, a new online resource, will offer a select number of small and start-up technology businesses access to key employment documents and resources from one of the leading magic circle firms, providing them with vital company guidance on how to legally protect and enhance their business when building a workforce.

TechLinks offers an interactive site where tech businesses can download employment contracts and other resources which are the essential building blocks of a secure and stable company. It will also provide insights and trends on the current market and a glossary of terms to make it accessible to those without a legal background.

David Speakman, Counsel at Linklaters commented:

“We have found that start-ups and small technology businesses have a need to protect the value in their business. Key questions need to be addressed at an early stage of their development, such as what happens if their key employees (often the founders) leave before the business gets to a sale or how to properly protect the business’ unique IP. This is also important when the business seeks investment, as investors will look to see if these protections are in place. We hope that TechLinks will help companies get the basics right from the start.”

Laurie Ollivent, Practice Development Lawyer at Linklaters, has been working alongside small and start-up technology businesses at WeWork. She said:

“By working alongside small tech businesses we have gained a real understanding of the issues these businesses face during the early stages of their development. We are able to bring together this insight with our longstanding experience of working with large, multinational tech companies to provide small and start up tech businesses with the guidance they need in the early stages to enable them to build their teams the right way from the start, attract and retain talent, avoid future disputes and appeal to investors.”

Russia court upholds restriction of foreign ownership of media

The Russian Constitutional Court ruled Thursday that the restriction of foreign ownership of media is legal.

The court upheld a law restricting foreign ownership of media to twenty percent.

The case came to the court “after arbitration courts declared a dual Russian-Dutch citizen’s 49-percent stake in a radio station illegal.” The court stated that the reason for this ownership limit is “to prevent the strategic influence and control of the media” because this influence “may threaten the state’s information security.”

The court also ordered lawmakers to make certain portions of the bill clearer.

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Irwin Mitchell – Personal Injury TV advert

Our solicitors can help you with a personal injury claim that focuses not just on compensation, but also on helping you with rehabilitation and support. We offer the expert hand with the human touch.

Ashurst celebrates the ‘First 100 Years of Women in Law’

International law firm Ashurst marks the centenary of women in law, in support of the First 100 Years initiative, with a photomosaic portrait of Ada Evans, the first Australian woman to graduate with a Bachelor of Laws.

The First 100 Years is an inspirational history project, supported by the Law Society of NSW and Women Lawyers Association of NSW, charting the journey of women in law since enactment of enabling legislation throughout Australia in the early 1900s.

This year marks the 100th anniversary of the Women’s Legal Status Act 1918 (NSW) which allowed women to practise as lawyers and to stand for parliament for the first time in NSW. Laws were changing throughout Australia from the early 1900s onwards. Victoria was the first state to allow women to practice law in 1903, with other states following soon after.

Commenting on the project and the launch of the photomosaic, Ashurst partner Sarah Dulhunty said:

“We are delighted to have partnered with the First 100 Years project team on this initiative to recognise and celebrate the contribution women have made to the legal profession. The photomosaic initiative has been a great way to mark this significant centenary and reflects our continued support for progressing gender equality within the profession. Thank you to all our staff, clients and affiliates who participated in this fantastic initiative.”

White Case advises JBIC on loan for acquisition of Shire plc

Global law firm White & Case LLP has advised the Japan Bank for International Cooperation (JBIC) in relation to its loan agreement with Takeda Pharmaceutical Company Limited (Takeda), amounting up to US$3.7 billion (JBIC’s portion), to finance part of the funds required for acquiring Shire plc (Shire) in Ireland.

The total amount required for acquisition is approximately £46 billion. The loan is co-financed by private financial institutions, bringing the total co-financing amount to US$15.7 billion equivalent. The loan supports the overseas business deployment of Takeda by providing necessary long-term foreign currency funds for M&A by the Japanese company, assisting its overseas expansion of existing business, as well as new business deployment, and contributing to maintaining and strengthening the international competitiveness of Japanese industries.

Through the acquisition of Shire, Takeda aims to strengthen two focus areas – gastroenterology and neuroscience – as well as establishing a leading position in pharmaceuticals for rare diseases and plasma-derived therapies, which can accelerate transformation to a global R&D-driven pharmaceutical company headquartered in Japan. In addition, Shire has a large sales proportion in the US market, which is the largest market in the world and projected to continue to grow at a high rate. The acquisition will therefore drive further growth overseas and is expected to make Takeda one of the top ten pharmaceutical companies in the world based on sales.

The White & Case team which advised on the transaction was led by partners Toshio Dokei and Simon Collins (both Tokyo), and included partners Philip Broke and Jacqueline Evans (both London), supported by associates Keisuke Nishimura (Tokyo) and Christopher Beardmore (London).

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White & Case’s London rampage continues with finance hire

White & Case has continued its hiring spree in the City, this time calling in Taylor Wessing’s financial services regulatory head Jonathan Rogers. This is the first US firm Rogers has worked at, having spent 10 years at Taylor Wessing, and seven years as an associate at Hogan Lovells before that.

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Up to 40 staff may be leaving Reed Smith in HK

Denise Jong, the APAC managing partner of Reed Smith Richards Butler, has confirmed that up to 40 people could be leaving the firm soon, including partners, fee-earners and secretaries.

While the exact number is still up in the air, Jong confirmed to Leaders in Law that the firm is aware of the intentions of David Morrison and five other partners from the firm’s Hong Kong-based disputes team to join MinterEllison in January next year.

The other partners are believed to be William Barber, Alex Kaung, Eddy So, Nathan Dentice, and Desmond Yu. MinterEllison could not be reached for comment. In a media release supplied to ALB, Jong said that conflicts in any law firm “as large and complex as Reed Smith” are a fact of life.

“It is inevitable that, over time, certain representations taken by the firm pose issues for litigators whose clients might need to be adverse to an industry focus of the firm,” she said.

“Our Hong Kong office has a strong and diverse litigation group, as well as a leading corporate group in Hong Kong and Asia. Notwithstanding the departures, we will continue to have 20 partners and, in total, about 100 fee earners in our Hong Kong office, one of four offices in Asia.”

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DLA Piper’s 2018 Global Technology Summit

On Day 1 of DLA Piper’s 2018 Global Technology Summit, Louis Lehot, co-managing partner of DLA Piper’s Silicon Valley office and co-chair of the firm’s Emerging Growth and Venture Capital practice, gave a shout-out to the “super heroes of tech” while leading a discussion on the “Rule of 40,” what to anticipate in an exit and the role of talent in an acquisition, among other hot topics. #DLAPiperTech18

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Lawyer Affinity Groups at Latham & Watkins

Our lawyers are more than just lawyers. They’re also parents, runners, musicians, bakers, high-altitude climbers, and so much more, and we’re proud to support their multifaceted identities through our firmwide affinity groups.

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Clifford Chance Graduates: Are You Ready?

As a leading law firm, we recruit the best talent from around the world. It is essential to our commercial strategy that we foster an inclusive culture so that we can provide our clients with the best advice.

Our clients are made up of a diverse range of businesses. To find ever better solutions to our clients’ most important challenges, we must build the best team, made up of people from a wide range of backgrounds, which is nurtured and developed in an inclusive and collegiate environment.

We are committed to increasing diversity within the firm and report yearly on the inclusion and diversity commitments we have made. These include our target of improving the gender balance in our partnership, so that women make up at least 30%, and our undertaking to improve ethnic diversity within the firm.

We are focused on promoting social mobility, particularly through our London recruitment process, and are involved in a number of initiatives, which aim to attract and support employees from less advantaged backgrounds.

Inclusion and diversity is not just a commercial imperative for the firm. It is also important to our people, many of whom are involved in internal diversity networks, such as Arcus, our global LGBT+ network.

The work we have been doing at both a global and a local level was recognised when we were ranked in 2017 among the top 5 UK best employers for LGBT+ colleagues in the 2017 Stonewall Workplace Equality Index. We were also recognised in the Asian Legal Business Diversity List 2016. Our managing partner, Matthew Layton, features on the 2016 OUTstanding Leading Ally Executives List, presented by the Financial Times. The list recognises leading individuals in business who have made a significant contribution to LGBT+ inclusion.