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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Dawsons settles its Simmons fees dispute

Dawsons has “amicably settled” a High Court claim for unpaid fees. Simmons & Simmons launched the £103,000 claim against Dawsons on 2 June, alleging that Dawsons had repeatedly ignored attempts made by Simmons to get it to pay its legal fees. According to the High Court claim, Dawsons partner Ute Mueller instructed Paris-based Simmons partner […]

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A&O opens in Indonesia as overseas income soars

More than half of Allen & Overy’s (A&O) revenue now comes from overseas, as the firm continues its international drive with the launch of an office in Indonesia. The magic circle firm’s income from outside the UK accounted for 60 per cent of the £1.05bn total in 2009-10, as opposed to 50 per cent of […]

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Costs in translation

This year’s double-digit PEP increases suggest a return to form, but The Lawyer’s analysis of law firm costs tells a different story As lessons go, they don’t come much starker: the demise of Halliwells last month illustrates perfectly the importance of keeping your costs under control. As The Lawyer reported last week, the North West firm went into administration after […]

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Firm economics for the magic circle

Economics can be a confusing subject at the best of times, but on a Monday morning it can easily leave the brain throbbing and begging for mercy. So let’s keep it simple today: if your turnover goes down, you could reasonably expect your profits to head in the same direction, right? Err, wrong apparently. As […]

Pinsents seals JV with Singapore’s MPillay

Pinsent Masons has launched a joint venture in Singapore that will allow it to practise local law and share profits. The firm has entered into a joint venture with local firm MPillay and will now be able to market and bill under a single brand. In addition, MPillay’s managing partner Mohan Pillay will become a […]

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