Clydes spends £45m on international growth

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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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Ofsted to form in-house legal team

Ofsted is set to create its first in-house legal team and is appointing a head of legal services to oversee the process. The schools inspection agency has never employed an in-house lawyer, having previously relied on the Treasury Solicitors for legal advice. The new head of legal services will reported directly to members of the […]

Simmons bulks up Middle East offering with two more partners

Simmons & Simmons has continued to invest in its Middle East practice by sending two finance ­partners to Dubai, including Philip Abbott, who will head the regional finance team. Simmons & Simmons has continued to invest in its Middle ;East ;practice by sending two finance ­partners to Dubai, including Philip Abbott, who will head the regional finance […]

Special report: Insolvency

For insolvency lawyers the New Year parties are well and truly over as they delve head-first into what could be the busiest 12 months of their careers. In fact, 2009 could be remembered as the year of the insolvency as the number of businesses taken into administration, receivership, liquidation or any of the other more […]

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Cadwalader’s profit per point drops 38 per cent

Cadwalader Wickersham & Taft’s profit per point dropped by 38 per cent during the last year, despite the firm reporting a profit per equity partner (PEP) slump of ‘only’ 30 per cent, The Lawyer can reveal. Sources at Cadwalader were celebrating the PEP drop of 30 per cent, from $2.73m (£1.87m) in 2007 to $1.88m […]

DWF managing partner wins second term

DWF has re-appointed managing partner Andrew Leaitherland for a second three-year term, after he stood in an uncontested election. He told The Lawyer: “The fact that no one else wanted to stand was a gesture of goodwill on the part of the partners and an endorsement of the strategy.” Leaitherland did not stand on the […]

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