Ex-Simmons lawyer launches scheme for Pakistani children

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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 […]

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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Beachcroft dumps Wansboroughs for LLP switch

Beachcroft Wansbroughs is set to hire two external non-executive directors as it marks its conversion to LLP status with the formation of a new management board. The firm converted to LLP status on Monday (1 May) and has also changed its name to Beachcroft. The seven-partner management board will make strategy and management decisions and […]

Freshfields in talks to end all-equity model

Freshfields Bruckhaus Deringer has launched a full-scale review of its cherished all-equity partnership model, including the possibility of de-equitising partners. In what is a momentous U-turn, the magic circle firm’s senior management has confirmed that it is considering a wide range of changes to its partnership model, including the creation of fixed-share partners across the firm. The review […]

Slaughters reaffirms Hong Kong presence with Morgan Stanley hire

Slaughter and May has enticed Morgan Stanley in-house counsel Lisa Chung back to the firm’s Hong Kong office after a year with the global investment bank. Chung is set to rejoin Slaughters as a partner in July, after moving to Morgan Stanley at the beginning of 2005. Morgan Stanley is a longstanding client of Slaughters. […]

XXIV enjoys 16 per cent turnover hike

Chancery set XXIV Old Buildings is celebrating a 23 per cent rise in revenue per barrister, posting an average income of £434,000 for each of its 29 members. The set saw turnover rise by 16 per cent to £12.6m in 2005-06. But the loss of Roger Kaye QC to the Chancery and Mercantile Court in […]

Speechly partnership buoyed with five additions

Speechly Bircham added five to its partnership with its fourth lateral hire of the year and four internal promotions. The firm has brought in litigation specialist Jim Sharkey, who joins from DLA Piper Rudnick Gray Cary, where he was head of commercial litigation in Birmingham. Managing partner Michael Lingens said: “We’re delighted to welcome Jim […]

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