Revenues down at Allen & Overy

first_imgHalf-year revenues at magic circle firm Allen & Overy fell by 7% as the City giant became the first to announce its financial performance results over the past six months. Revenues fell from £548m to £511m during the six months to 31 October. More than half of the firm’s turnover was generated outside the UK. The firm said that it has benefited from increased demand for high-end litigation, restructuring and regulatory work. For the year ending 30 April 2009, revenues at the firm rose 7% to £1.09bn from £1.02bn in 2007/08. Over the same period, profits fell 4% from £447m to £431m, while profits per equity partner fell 9% from £1.1m to £1m. Managing partner Wim Dejonghe said of the half-year results: ‘As expected, market conditions remain challenging for us and our clients. Despite last year’s drop-off in activity carrying over into the first few months of this year, we have recently seen an increase in our activity levels. This is highlighted by our involvement in some high-profile international instructions, such as the sale of Gatwick Airport, the government of Abu Dhabi’s bank bailouts and each of the first four major UCC foreclosures on landmark properties in the US in 2009. ‘While everyone adjusts to the new size and shape of global markets, demand for high quality legal advice remains. Now we have our capacity right and have improved cost controls, our increased activity levels mean we are cautiously optimistic about what lies ahead. We have made significant strategic investments, such as the recent lateral hires in high yield and litigation, and where we see further opportunities to improve our position we will continue to invest.’last_img read more

CBJ Centenary Cup set for March 31 between Guyana and T/dad

first_imgAs the month-long celebrations for the former President Dr. Cheddi Jagan continue, the People’s Progressive Party/Civic will stage a one off T20 match between a Guyana side and a Trinidad team on March 31. Booked for the iconic Albion Community Center Ground, Berbice, the match will see a majority of West Indies stars taking to the field.According to PPP/C executive member, Mustapha Zulfikar, Berbice has been starved for explosive cricket and the decision was made by the Centenary Committee, chaired by General Secretary of the party, Bharrat Jagdeo to host it in Berbice.Apart from being the home of the late Dr. Jagan, Berbicians have always supported cricket, and according to Zulfikar, while this is a one-off competition, the Guyana team was selected based on advice from the Guyana Cricket Board. He added that the Trinidad players have been personally contacted and given the go ahead from the Trinidad and Tobago Cricket Board.Up for grabs will be monetary prizes as well as awards for the Man-of-the-Match, Best Bowler and Best Batsman.The Trinidad squad boosts a number of highly sought after T20 players who are no strangers to Guyana with the likes of Amazon Warriors’ all-rounder, Rayad Emrit and former Warriors’ opening batsman Lendl Simmons in the lineup. Meanwhile Guyana will have a number of Berbicians in the squad including spin twins Veerasammy Permaul and Devendra Bishoo as well as wicketkeeper Anthony Bramble and big hitting Jonathon Foo.The match will begin at 18:00h and gates will be open from 16:00h with entrance set at $1500.Trinidad Titans squad: Rayad Emrit, Lendl Simmons, Nicholas Pooran, Amir Jangoo, Imran Khan, Kevon Cooper, Steven Katwaroo, Roshon Primus, Jon-ross Jaggesar, Vikash Mohan, Rion Webster, and Deron Davis Guyana All stars: Leon Johnson, Godekesh Motie, Veerasammy Permaul, Devendra Bishoo, Anthony Bramble, Jonathon Foo, Sherfane Rutherford, Christopher Barnwell, Akshaya Persaud, Romario Shepherd, Raymon Reifer, Gajananad Singh, Richardo Adams, Assad Fudadin, Leon Joseph and Steven Jacobs.last_img read more

Spirometry clinical project proves a success

first_img― over 476 spirometry assessments performed at GPHCOver the last two years, 476 retrospective reviews of spirometry assessments were performed at the Georgetown Public Hospital Corporation (GHPC) where the proportion and trend of these tests met acceptability criteria.Understanding that optimal management of chronic respiratory diseases relies on accurate diagnosis, the Hospital collaborated with the Vancouver Hospital to embark on a project to access spirometry quality and diagnostic outcomes following the introduction of spirometry into routine clinical practice at the local hospital.Spirometry (spy-ROM-uh-tree) is a common office test used to assess how well your lungs work by measuring how much air you inhale, how much you exhale and how quickly you exhale.Spirometry is used to diagnose asthma, chronic obstructive pulmonary disease (COPD) and other conditions that affect breathing. The test may also be used periodically to check whether a treatment for a chronic lung condition is helping you breathe better.The programme, which began in November 2013, is aimed at developing high-quality spirometry to assist in the diagnosis of airway diseases, such as asthma and COPD, along with other chronic respiratory disorders. Overall, 80.4 per cent of the 454 initial spirometry measurements on unique patients met the acceptability criteria, with no significant change in the proportion of acceptable spirometry over the study period.The programme started small, with only two registered nurses and one physician employed by the GPHC and with no prior specialised training on respiratory disease. From November 2013 to November 2015, one additional physician and two nurses were trained to meet the demand for services and ensure continuity.According to the Public Health Ministry, training consisted of five days of on-site spirometry instruction by two Canadian respiratory specialists and two licensed Canadian respiratory therapists.Ongoing follow-ups were performed remotely, with ongoing remote reviews of all completed spirometry and feedback on both technical aspects of spirometry and interpretation of results. The training team from Canada returned for one week biannually to review the technical details of spirometry and to expand a linked asthma-COPD education and treatment programme.Chronic Respiratory Disease is a significant and growing source of global morbidity and mortality, and according to the Global Burden of Disease (2013), disability due to chronic respiratory disease has increased by eight per cent since 1990.COPD is the third most common cause of death and the fifth most common source of disability-adjusted life years (DALYs) globally. Asthma is a less frequent cause of death, but remains a significant source of DALYs and avoidable deaths in the 5–34 years age group.The Public Health Ministry stated that the GPHC Spirometry Project builds on the early successes and opportunities created by the emerging GPHC/ Public Health Ministry strategic plan targeting non-communicable chronic diseases, including diabetes and heart, kidney and lung diseases.“Demonstrating that high-quality spirometry is technically feasible is a first step towards broader implementation of respiratory diagnostics, therapy and specialised respiratory education in Guyana,” the Ministry said.last_img read more