Cads, Orrick get profit wake-up calls

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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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BLP muscles in on Moscow law market

Berwin Leighton Paisner (BLP) has opened a Moscow office, poaching around 70 lawyers from top Russian firm and Gazprom adviser Pepeliaev, Goltsblat & ­Partners (PGP). The new office, called Goltsblat BLP, will be run by?former?PGP?joint ­managing partner Andrey Goltsblat and will add an estimated 10 per cent to BLP’s overall revenue. BLP managing partner Neville […]

McDermott’s revenues drop 1.2 per cent

McDermott Will & Emery is the latest US firm to admit a drop in global revenue during the 2008 financial year. While Cadwalader Wickersham & Taft recorded a significantly lower turnover figure, down 13.8 per cent, McDermott’s revenues fell by 1.2 per cent. The firm attracted $966m in 2008 compared with $978m in 2007 while […]

Lovells, Olswang take prime roles on £100m New Star sale

Olswang take prime roles on £100m New Star sale” />Lovells and Olswang have won key finance ­mandates as bidders circle troubled asset management group New Star. New Star has been put up for sale by a consortium of banks, which took over the company in return for ­writing off £240m of debt. Olswang, led by […]

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Field Fisher cuts 31 jobs as consultation ends

Field Fisher Waterhouse (FFW) has cut 31 support staff after a redundancy consultation lasting two months. The consultation began on 14 November and involved 175 employees of the firm. The cuts come after a separate consultation in the firm’s real estate department last September, which saw five fee earners and six secretaries leave the firm […]

Simon Allen, Russell Jones & Walker

What’s the worst partner ­conference location you’ve attended and why? Slough, because it was Slough. What was your first-ever job? A dehydrator of peas at Batchelors in Sheffield. As the peas lost their will to live, so did I. What was your worst ­experience as a trainee? Being sent to buy a cabbage from the […]

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