A&O posts record results to £1.23bn but revenue rise lags half year performance

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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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Cake or biscuit? The Scottish court decides

HM Revenue & Customs is forced to defend its policy of charging VAT on biscuits and not cakes in what is a tough taste challenge for the Scottish courts It wasn’t too long ago that retail giant Marks & Spencer (M&S) fought HM Revenue & Customs in the courts over the revenue’s historic decision to […]

Clifford Chance hits year-end on a revenue high

What better way to kick off a management stint at a top UK firm than to give partners the good news that revenue, net profit and PEP have reached an all-time high? Clifford Chance managing partner Matthew Layton, who took over in May from incumbent David Childs, has done exactly that. Today Clifford Chance became […]

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Bridge building to Bristol

Simmons & Simmons is not a firm you instantly associate with regional offices but in the last year headcount at its Bristol base has been rising fast. Simmons’ most recent addition to the partner-led Bristol base is corporate partner Patrick Graves, who joined the firm from Osborne Clarke today. With 17 years at OC focusing […]

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Olswang revenue up 7 per cent to £117.6m as PEP falls below £500k

Olswang has reported a 7 per cent growth in revenue for the 2013/14 financial year, with total turnover rising from £110m to £117.6m. The technology, media and telecoms firm’s final financials are still subject to verification and audit but Olswang said it anticipated its average profit per equity partner (PEP) figure would drop by 3.9 […]

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