DLA brings in two partners to boost Singapore office

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Latest Briefings

Longer term tenancies? Potential implications for lenders

Walker Morris’ Housing and Banking Litigation experts Karl Anders, Justin Coley and Sandip Singh explain the UK government’s consultation on introducing longer-term tenancies in the private rented sector, with a particular focus on potential impacts for lenders…

Assessing creditworthiness in consumer credit: FCA publishes final rules and guidance

The results of a large-scale survey by the Financial Conduct Authority (FCA) in 2017 indicated, among other things, that: 75% of UK adults had one or more consumer credit products or loans in the previous 12 months; 4.1 million people were “in difficulty” because they had already failed to pay domestic bills or meet credit […]

Open Banking, fintech and the Brexit hokey cokey

By Miles Trower London is, arguably, the most important global hub for financial services. As a result, the consequences of the Brexit vote, the ensuing uncertainty and the eventual transitional and regulatory framework applying to UK financial services and how it will continue to access overseas markets has been subject to huge speculation. Much of […]

FCA consultation on a Global Financial Innovation Network

By Russell Kelsall On 7 August 2018, the Financial Conduct Authority (FCA) published a consultation on the creation of a Global Financial Innovation consultation. With innovation in the global financial services market rapidly increasing, it is important for firms to consider the options for building, implementing and sharing experiences of digital solutions.

Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

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11 KBW hires chambers director

Lord Irvine’s former set 11 King’s Bench Walk has hired a chambers director to handle marketing and more administrative work following the set’s recruitment of eight tenants last October. Elizabeth Horsley joins from Butterworths, where she was group publisher of its general practice and public sector work for 12 years. Joint chambers head James Goudie […]

Brief encounter: 12 king's bench walk

The advent of conditional fee arrangements (CFAs) has struck fear into the hearts of many chambers, and apathy in most. In a survey conducted by The Lawyer on 16 October 2000, only one of 30 sets could supply information of their exposure to CFAs. However, for the chambers of Richard Methuen QC, 12 King’s Bench […]

Totally divorced from reason

Last month saw the arrival of new EU divorce rules – Brussels 2 – which, according to many lawyers, could end up promoting break-ups rather than reconciliation. The new law sets out the basis for the jurisdiction in which a divorce will take place. According to Withers family law partner Mark Harper, the main principal […]

1

Barristers out of pocket on CFAs

Barristers’ fees have dropped significantly in conditional fee arrangement (CFA) work even if they are winning the bulk of their cases. The Lawyer has obtained details of a report’s mid-stage findings which claim that barristers are faring badly in terms of fees and control over cases. The findings appear at a time when senior barristers […]

Party on lawyer dudes

Tulkinghorn is finding it very difficult to keep up with the times these days. Recently he was invited to a party at Gibson Dunn & Crutcher, some upstart Yank firm that has recently moved to rather swanky new premises near Temple. Splendid, he thought, a chance to stand around with a glass of warm Chardonnay […]

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