Eversheds plans regional rejig

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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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Beachcrofts votes for veteran management

Beachcroft Wansbroughs’ managing partner Bob Heslett has been unanimously re-elected by the partnership, extending his leadership until 2006. Heslett, who has managed the firm since 1998, stood unopposed. Last December, Beachcrofts’ veteran senior partner David Hunt was also re-elected as head of the national firm for a period running until April 2006

Addleshaws gears up for partner cull

Addleshaw Goddard is preparing for dramatic post-merger cuts of underperforming partners, with those affected expected to be told before Christmas. Sources close to the firm indicate that up to 12 partners will be asked to leave the newly merged firm, but Addleshaws’ management is understood not to be planning any formal announcement.Speculation about the impending […]

Bear market

Arrests, oligarchs and an election round the corner. Can things get any more turbulent for Russian business? Jon Robins asks if the rule of law is under threat Western lawyers based in Moscow for any length of time have long since become inured to life’s vicissitudes in the most tempestuous of legal markets. It takes a lot […]

Ashursts concentrates power in fewer hands

Ashurst Morris Crisp has reviewed its management structure to create a streamlined and more democratic partnership board. Ashursts has a rather cumbersome 12-person partnership board. Senior partner Geoffrey Green said the firm “wants [it] to get significantly smaller”.It is made up partly of directly elected partners and partly of partners who represent constituent areas of Ashursts. Green said […]

Taylor Wessing reveals its master plan for expansion

Taylor Wessing reveals its master plan for expansion” />Taylor Wessing released details last week of its six-month strategic review, which will see it aim for a turnover in excess of £100m, grow fee-earner numbers to around 300 and continue its European expansion over the next five years. The firm is aiming for what it calls […]

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