Childs to be new CC managing partner

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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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Losses mount at Winston as Bostrom joins Freddie Mac

Winston & Strawn has lost its banking and finance rainmaker Robert Bostrom to Freddie Mac. Bostrom joins the US mortgage lender as its new executive vice president and general counsel. The loss of Bostrom follows the defection of Winston’s former head of projects Chris McIsaac to Clifford Chance (CC) last week. The move reunites McIsaac […]

Richards Butler, Kennedys lock horns on TAG

Richards Butler and Kennedys have begun preliminary scuffles in the negligence case arising from the collapse of claims management company The Accident Group (TAG). Richard Spafford of Richards Butler is representing insurer Winterthur as it attempts to recoup £70m in damages from 700 law firms that worked with TAG before its collapse in 2003. The […]

DLA Philly associates land record salaries

DLA Piper Rudnick Gray Cary has raised its associate salaries in Philadelphia to some of the highest in the city. First year associates will now receive $125,000 (£70,300) a year, backdated to 1 January. Each associate level after the fourth year will receive a $10,000 (£5,600) increase, taking the basic salary for eleventh year associates […]

Goodwill hunting

When a partner retires from a partnership, goodwill is required on both sides, but does a firm have the power to enforce it? By Clive Greenwood One of the most valuable assets of a partnership is its goodwill, and one of the essential elements of any well-drafted partnership agreement is the protection of that goodwill […]

UK’s associate bonus rates put US firms at loggerheads

Cleary’s bonus boast sounds hollow as it plays catch-up to Shearman, which comes top with 25 per cent hikes “All New York firms pay essentially the same – it’s just a matter of who goes first,” says Cleary Gottlieb Steen & Hamilton’s managing partner in London Glen Scarcliffe on the subject of associate bonuses. That […]

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