DWS trainees take £10,000 deferral bait

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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 […]

Future of public procurement in UK in the event of ‘no-deal’ 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 […]

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 under CPR 71 – Court of Appeal

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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Camerons gets flexi green light

CMS CAMERON McKenna has persuaded more than 90 per cent of its staff to sign up to its flexible working scheme, despite internal opposition to the plan. It is understood that just 50 per cent of employees had agreed to the scheme a week before the deadline on Friday 29 May. But after a concerted […]

Herbert Smith staff accept redundancy deal

Herbert Smith has concluded its redundancy consultation with all those due to leave the firm opting for voluntary redundancy. The firm revealed plans to cut 84 positions in April, while also freezing salaries at 2008-09 levels. It said sufficient number of staff had opted to accept the redundancy programme, so it would not have to […]

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White & Case cull silence is sapping partner morale

Mystery surrounds the White & Case partnership cull. Earlier this year the US firm announced it would be shedding 15-20 per cent of its global partnership, as well as 200 associates and 200 from its support staff workforce (TheLawyer.com, 10 March). But so far numbers have not been revealed, even internally, while the fine details […]

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Shearman London to retain just 64 per cent of September qualifiers

US firm Shearman & Sterling is to retain just 64 per cent of its London trainees who are due to qualify in September. The firm will take on nine of the 14 trainees who are coming to the end of their contracts this year. Marcus Franks, global HR director, said: “There was stiff competition for […]

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A&O makes up 15 to role of counsel

Allen & Overy has promoted 15 to the position of counsel, an alternative career path created by the firm in 2006. The 15 counsel have been been promoted across nine jurisdictions in three continents. The biggest single group, with a total of four counsel, were made up in Luxembourg, while just three are based in […]

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