Carrington quits B&M for F1 client

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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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Akin Gump loses London chief to Paul Hastings

US firm Akin Gump Strauss Hauer & Feld has lost the senior partner of its London office after he refused to relocate back to the US. Top corporate M&A partner Keith Hughes has turned his back on the firm and is moving to the fledgling London operation of Paul Hastings Janofsky & Walker. Akin Gump […]

Don't fust the profession

The suggestion reported in The Times on 12 June that solicitors who have obtained higher courts advocacy certificates should be admitted as members of the Inns of Court should be strongly opposed. Any solicitor wishing to become a member of any of the four Inns has only to be called to the bar and surrender […]

The City is the nucleus of the modern world

I do not think I want my ashes scattered in Moorgate, although there are worse places. The street certainly has endurance. Seen through the rain-smeared window of a cab, it doesn’t look much different from the way it did nearly 40 years ago when I walked down it on the way to my interview for […]

A VIEW FROM BUENOS AIRES

The internet and e-commerce are burgeoning economies worldwide, and nowhere is this more apparent than in Latin America. International law firms are increasing their presence in the region, lured by a lucrative, previously untapped market and the opportunities afforded by government privatisation of heavy industry, telecommunications, utilities and natural resources. In early 1999, Morrison & […]

Magic circle partners net £1m

Magic circle partners have broken the £1m profits barrier for the first time. The top partners at Slaughter and May and Allen & Overy will each enjoy profits of over £1m for the financial year 1999-2000, reflecting the boom in premium City work. Slaughter and May posted revenues of some £243m, with profits ranging from […]

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