Addleshaws study discovers employment issues are rife

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Latest Briefings

Navigating a new reality in the client-empowered era

To thrive in the new era of the empowered client, law firms must make investments designed to modernise the way they run their firms and service their clients. This requires changing culture, developing new competencies, and operationalising new ways of working. Innovative technologies are key enablers to accelerating rms’ transformations in these areas. New research […]

Procurement and state aid update: preparing for Brexit

By David Kilduff, Richard Auton or Richard Butterworth On 13 September 2018, the UK government published further guidance on the future of public procurement in the UK in the event of a “no deal” Brexit. What next for UK public procurement? Under current rules, all procurement opportunities that fall within the scope of the EU procurement […]

Third-party redevelopment – Landlord may oppose tenant’s lease renewal

By Matthew Lonergan, Lucy Shepherd A recent case has confirmed that a landlord was entitled to oppose its tenant’s lease renewal under the Landlord and Tenant Act 1954 where redevelopment of the site was to be undertaken by a third party. Background The case of Santander UK PLC v LPS Estates Ltd concerned the security of […]

Data protection: sunset of £500k, dawn of GDPR enforcement and horizon of Brexit

By JP Buckley In just a short space of time, the ever-evolving world of data protection and cyber has seen yet more change: 1. Potentially one of the last enforcement actions under the Data Protection Act 1998 against Equifax – and a maximum £500,000 fine for them for failing to secure UK citizens’ personal data against […]

Officer of judgment debtor can be committed for failure to provide information – CoA

Deutsche Bank AG v Mr Alexander Vik [2018] EWCA Civ 2011 This judgment is the latest instalment in the long-running litigation between Deutsche Bank (“DB”) and the Monaco-based billionaire, Alexander Vik. In 2008, Mr Vik’s personal investment vehicle, Sebastian Holdings, Inc. (“SHI”), incurred huge debts to DB after it made a series of heavily loss […]

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Pay racket

City organisations need to watch out. As the Equal Pay Act builds up steam high-earners may start looking at what their peers are taking home, with a tribunal hearing the likely outcome. By John Cavanagh QC In recent years there has been a number of sex discrimination and race discrimination cases involving well-paid City workers. […]

WFW breaks the £50m revenues barrier

Revenues at Watson Farley & Williams have broken through £50m mark for the first time. Revenues at Watson Farley & Williams have broken through the £50m mark for the first time. Gross fees for the 2005-06 financial year reached £53.5m, a rise of 9.5 per cent. Average profit per equity partner at the shipping, energy […]

Cobbetts predicts static PEP

Cobbetts is predicting no change in profitability due to a slower than anticipated consolidation of its recent growth spurt. Cobbetts managing partner Michael Shaw said average profit per equity partner (PEP) is likely to remain static at around £190,000, despite a 7 per cent turnover rise to £53.7m. Cobbetts carried out a series of mergers […]

The lockstep quickstep

The phrase ‘lockstep review’ appears to have become synonymous with Lovells. Not content with the changes introduced at the start of 2006, the City firm has embarked on yet another review. The Lovells lockstep currently runs from 24-60 points, with an increase of three points every year for 12 years. As first reported by The […]

The three degrees

All readers will be more than familiar with law firm hierarchies, but even Tulkinghorn was not aware that at some firms it even extends to party invites. This Wednesday (31 May) will see Denton Wilde Sapte host its annual press party. Tulkinghorn was of course delighted to be invited, and was even more delighted to […]

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