Slaughter and May Flashcards

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1
Q

Managing Partner

A

Deborah Thinkler

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2
Q

Chief operating officer

A

Jill Hoseason

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3
Q

Senior partner

A

Steve Cooke

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4
Q

Main departments

A

M&A
Corporate
Financing
Specialisms: IP, tax, sustainability, real estate etc

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5
Q

Competitors

A

Magic circle firms: Freshfields, CC, Linklaters are consistently ranked ban 1 for competition law, M&A
- International approach Travers Smith also operates ‘best friend’ networks

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6
Q

General partnership

A

Where individuals agree to share responsibilities, assets, profits, financial and legal liabilities
- liabilities are not capped like an LLP

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7
Q

Benefits of general partnership

A
  • More flexible + partners can control operations more closely
  • swift and decisive management
  • no business income taxes instead the income and losses are passed to individual partners
  • They then report their shares of profit or loss on their personal tax returns
  • doesn’t need to report it’s financial figures
  • Gives more focus to the clients
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