Cravath launches restructuring group with rare lateral

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Latest Briefings

Unprecedented sector changes for housing standards

By Karl Anders and Lucie Bryan The Homes (Fitness for Human Habitation and Liability for Housing Standards) Bill passed its Second Reading at the beginning of 2018. The Bill has support from both landlord and tenant-focused organisations, who are eager for it to pass into law. Housing Management and Litigation experts Karl Anders and Lucie Bryan […]

Anti-variation clauses: Valid after all

By Gwendoline Davies  In 2016 the Court of Appeal ruled that anti-variation clauses in commercial contracts had no legal effect and that contracts could be varied despite prior express restrictions to the contrary.  That has now been unanimously overturned by the Supreme Court in MWB Business Exchange Centres Ltd v Rock Advertising Ltd.  Walker Morris’ Head of […]

Social housing monthly law update – May 2018

By David Isaacson TLT’s monthly law update on all things affecting social housing Highlights this month include: ICO produces lawful basis interactive guidance tool Government consults on proposals to toughen rules on building safety Funding for supported housing: Government response published MHCLG announces plans for mandatory code of practice for letting and managing agents Land […]

GDPR enforcement and penalties: What you need to know

The General Data Protection Regulation will come into force on 25 May 2018 and brings with it new and improved regulatory powers for the Information Commissioner’s Office. What will this mean for businesses facing a data breach under the new GDPR regime?

Dutch law firms together against cybercrime

A number of Dutch firms have announced they will work together to fight cybercrime and digital threats. This group, in the event of proven success, looks forward to connecting with other law firms…

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Former Freshfields partner joins Reed Smith to elevate finance offering

Finance partner Rex Rosales is set to join Reed Smith Richards Butler after announcing his departure from Freshfields Bruckhaus Deringer two weeks ago. Rosales is to play a role in expanding Reed Smith’s asset finance and securitisation team, according to head of finance Nola Beirne. Beirne said the team, which consists of 19 finance partners, […]

Travers junior partners’ equity wait extended by a year

Travers Smith has prolonged the time it takes for junior partners to progress into full equity by a year. Junior partners now have to wait three years before they can be considered for the equity partnership, where the average profit per partner stands at £705,000. Voting on this year’s promotions into the equity will take […]

Slaughters hikes salaries to stay in touch at the top

Slaughter and May has sent out letters to its associates outlining their new salaries, which just fall short of the majority of the magic circle’s. Last week’s (1 May) long-anticipated announcement, the firm’s second in six months, sees Slaughters gift its newly qualified associates a 5.8 per cent rise, taking base salary to £63,500 from […]

SJ Berwin enjoys results to shout about

The UK’s law firms are really getting their acts together. We’re just eight days into the new financial year and the results are flowing in. SJ Berwin is the latest to post fantastic figures, with billings up by 23 per cent – which means that an extra staff bonus of five per cent kicks in. […]

Schönherr snares rival’s team in CEE expansion

Austrian firm Schönherr is poised to take the entire real estate team of local rival Cerha Hempel Spiegelfeld Hlawati (CHSH) as it targets massive expansion across Central and Eastern Europe (CEE). The team at CHSH, which has offices across the CEE region, is headed by partners Alfred Nemetschke and Walter Anderl, who will both join […]

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