A&O, Addleshaws bag building society sale

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Camerons gets tough on billing targets

CMS Cameron McKenna has introduced tougher billing targets for partners in a bid to improve the cashflow from recession-hit clients. The firm has introduced two-monthly targets for ­billable hours and cash ­collection. ;Previously ­partners were assessed on quarterly performance. Managing partner Duncan Weston said the move was designed to energise the business during a difficult […]

The sum of all fears: the changing bonus culture in financial services

The recent financial crisis has seen Gordon Brown confirm that “the days of big bonuses are over”. With a number of banks either nationalised or partly nationalised, it is clear that the government will be able to influence a number of banks’ remuneration policies. The Financial Services Authority (FSA) is also going to have an […]

Herbies raises associate salaries

Herbert Smith has hiked its associate salaries at the half-year stage with £2,000 being added to annual salaries as of the beginning of November. Newly qualifieds are now on a salary of £66,000 while associates with one year’s post-qualification experience (PQE) will receive £71,000 and those with two years’ PQE will receive £83,000. The move […]

Halliwells posts revenue drop; Hill Dickinson and WFW both up

Hill Dickinson and WFW both up” />Halliwells has reported a three per cent drop in fee income for the first six months of the 2008-09 financial year. The firm brought in £44m during the period, with real estate and corporate both not growing. A spokesperson told The Lawyer: “Dispute resolution, insurance litigation, employment and IP […]

Freshfields launches pro bono network

Freshfields Bruckhaus Deringer is to launch an international pro bono network in an effort to encourage greater coordination between offices doing pro bono work. Head of pro bono, Clarissa O’Callaghan, is to take up a global position to coordinate the push, while litigation associate Paul Yates is promoted to head of pro bono in the […]

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