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Banks wrong to charge negative interest on client accounts, says Law Society of Ireland

The Law Society of Ireland has warned solicitors they may have to pay “negative interest rates” on client accounts after Bank of Ireland and AIB “wrongly” included them in the list of those affected.A

Matheson now Ireland s largest law firm

Law Society not ruling out suing over negative rates on client accounts

AIB and Bank of Ireland target client accounts that hold more than €2.5 million to €3 million to ‘enormous dismay’ of solicitors

Simpson Thacher unveils Brussels office launch plan in response to Brexit

Simpson Thacher unveils Brussels office launch plan in response to Brexit 02 February 2021 Former Allen & Overy antitrust global co-head Antonio Bavasso lined up to head second European office The European Commission headquarters in Brussels Shutterstock Wall Street firm Simpson Thacher & Bartlett has unveiled plans to open an office in Brussels later this year as it adjusts to the impact of Brexit on its ability to advise clients on EU law. The new office is expected to open in the summer, and follows the arrival in December of dual-qualified UK and Italian competition lawyer Antonio Bavasso from Allen & Overy, where he was co-head of its global antitrust and telecoms, media and technology practices.

Should whiplash payouts be reduced by 80%?

They say it would bring our compensation more inline with our European counterparts.  It comes as the Judicial Council is set to review personal injury award guidelines next month.  But is a set reduction fair? Stuart Gilhooly is a litigation solicitor and former President of the Law Society of Ireland, and Kieran was also joined by Moyagh Murdoch, the CEO if Insurance Ireland.

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