Cadwalader wins role on $68bn Pfizer mega-merger

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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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Reed Smith revenue up 10 per cent, PEP falls

Reed Smith has announced a 10 per cent revenue hike for the 2008 financial year, just missing the $1bn mark. Global revenue rose to $980m in 2008, up from $892m in 2007. Profit per equity partner (PEP) suffered a 6.5 per cent drop on 2007, from $996,000 to $935,000 in 2008. Reed Smith global managing […]

O’Connors

A witty website, including personal anecdotes from the team, aims to present O’Connors as a ­professional but entertaining law firm. “We don’t take ourselves too seriously,” laughs managing partner Nigel Wallis. “We work as a team and we always have a team plan as opposed to an individual one.” The Liverpool firm has witnessed steady […]

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Blake Lapthorn launches second redundancy round

Blake Lapthorn launches second redundancy round” />Blake Lapthorn has announced a second redundancy consultation, with up to 30 additional members of staff facing the prospect of losing their jobs. As reported on TheLawyer.com, last October the firm began consulting with 43 members of staff across its offices in London and the South East (2 October […]

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BPE Solicitors embraces four-day week

Gloucester-based BPE Solicitors has put 13 members of staff, including three salaried partners, on a four-day week. Senior partner John Workman (pictured) said the firm’s equity partners took the decision to cut the working week to stem losses from its commercial, property and corporate practices. Workman said slashing hours was preferable to making widespread redundancies […]

Redundancies continue to hit mid-market players

Law firm redundancies have continued apace, with Addleshaw Goddard, Ashurst Denton Wilde Sapte and SJ Berwin all making cuts. Ashurst is set to cull 10 equity partners from its global ranks, while at Addleshaws 19 partners were asked to leave on the grounds of overcapacity. SJ Bewin has launched a series of consultations that could […]

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