Citi law firm guru predicts end of associate lockstep

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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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French firms lead way with 2010 financial results

French firms UGGC & Associés and Fidal have become the first European outfits to announce 2010 financial results, with respective year-on-year turnover rises of 5 per cent and 2 per cent. The results bring UGGC’s revenue to around €36.7m (£30.5m), up from €35m (£29.1m) in 2009, subject to final confirmation. Meanwhile, Fidal reported 2010 turnover […]

Russian off at Hogan Lovells

Much like the oil companies it covets as clients, Hogan Lovells’ Moscow office is leaking a major resource all over the place. The latest to head off is dispute resolution partner Dominic Pellow, who has left to become a practice head at Baker Botts (see story). Pellow is the third partner to leave since the […]

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New Skadden chief still thinks big

Executive partner inherits a firm that seems capable of defying the crunch. It is the changing of the guard over at Skadden Arps Slate Meagher & Flom, with executive partner Bob Sheehan preparing to step down at the firm’s partnership retreat on 25 April after 15 years at the helm. Corporate ­partner Eric Friedman is […]

Eversheds Copenhagen chief quits the firm

Eversheds’ Copenhagen managing partner Troels Askerud has announced that he will quit the firm. The details of Askerud’s departure, including his next move, have not been announced but according to legal website RollonFriday three more partners are considering leaving the firm’s Denmark office. Askerud helped found the Copenhagen office and also led the corporate practice […]

CC’s new Spain-maker

Spain’s once-booming construction industry has not, it’s fair to say, enjoyed the best of recessions. The dormant building sites stretching from Puerto Banus to San Sebastian testify to the effect of the downturn on the Spanish economy. So kudos to Clifford Chance, which today says bienvenido to its new global head of real estate Alfonso […]

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