199 Strand chief to follow colleague to Wilberforce

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Latest Briefings

Walker Morris team explores opportunities in new entry-level exception sites and starters homes

By Richard Sagar, Karl Anders, Graham Whiteford, Josh Kitson Introduction This briefing note, prepared by the Walker Morris Planning Environment Team, explores the opportunities presented in the new National Planning Policy Framework (“NPPF2“). Specifically, the opportunities to obtain planning permission for new entry-level exception sites consisting of affordable housing for first-time buyers on previously unallocated […]

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

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Addleshaw Goddard hires Norton Rose chief

Addleshaw Goddard has bolstered its corporate department with the hire of Norton Rose senior associate Ivor Edwards, who joins as a partner. Edwards comes with an insurance and financial services background, an area an Addleshaws spokesman said the corporate department had targeted to bulk up. Edwards starts at the end of the month.

UK’s associate bonus rates put US firms at loggerheads

Cleary’s bonus boast sounds hollow as it plays catch-up to Shearman, which comes top with 25 per cent hikes “All New York firms pay essentially the same – it’s just a matter of who goes first,” says Cleary Gottlieb Steen & Hamilton’s managing partner in London Glen Scarcliffe on the subject of associate bonuses. That […]

A&O to stem attrition with associate promotion reform

Allen & Overy (A&O) has rolled out its long-awaited proposals to reform London associate career progression following a year when its attrition rate topped 25 per cent. Managing partner David Morley and HR head Genevieve Tennant made their final presentations in December last year. As first revealed on www.thelawyer.com (21 December), the proposals include a […]

Gianni rocked by four-partner walk-out

Italian independent Gianni Origoni Grippo & Partners has suffered the mass resignation of four partners and a team of assoociates. Rome-based partners Andrea Mazziotti di Celso, Fabio Labruna and Antonio Segni and Milan partner Aldo Palumbo quit last night (31 January) following clashes with management over strategy. The equity partners and a team of 20 […]

London and Europe safe, says Chadbourne’s O’Neill

Chadbourne & Parke has moved to allay fears its European and UK operations could fall under the axe following the firm’s dismal 2005 financial result. Revenue fell around 5 per cent for the New York-based firm, and managing partner Charles O’Neill had warned in a firmwide memo that steps, including cutting the number of partners, […]

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