Slaughter and May Flashcards
1
Q
Managing Partner
A
Deborah Thinkler
2
Q
Chief operating officer
A
Jill Hoseason
3
Q
Senior partner
A
Steve Cooke
4
Q
Main departments
A
M&A
Corporate
Financing
Specialisms: IP, tax, sustainability, real estate etc
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
6
Q
General partnership
A
Where individuals agree to share responsibilities, assets, profits, financial and legal liabilities
- liabilities are not capped like an LLP
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