Freeth announces 13 per cent revenue rise

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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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No limit to LLP wannabes

Yesterday it was the year-end, but today it’s a new beginning. Well, at least it is for a batch of disparate firms that includes Barlow Lyde & Gilbert, Clyde & Co, Coffin Mew & Clover, Dawsons, Linklaters and Lovells. Today (1 May) is the day that these firms begin life as limited-liability partnerships (LLPs). According […]

Clydes follows BLG, Links, Lovells with LLP conversion

Clyde & Co will join the flurry of law firms converting to LLP status tomorrow (1 May), The Lawyer can reveal. The move, which the law firm has been preparing for over the past 12 months, comes after Clydes’ partnership took a formal vote at its partner conference in March. The firm’s chief executive Peter […]

Freshfields ups associate salaries 19 per cent

Freshfields Bruckhaus Deringer is the latest magic circle firm to announce a pay rise for its associates, rushing to the head of the pack of City firms who have already announced salary hikes. The firm has awarded an average 19 per cent rise to associate base salaries. This means a newly qualified (NQ) lawyer’s pay […]

Freshfields closes Singapore with HK transfers

Freshfields Bruckhaus Deringer has finally closed its Singapore office, relocating the last two partners to its Hong Kong operation. As first reported by The Lawyer (25 September 2006), the firm decided to close its Singapore office to focus instead on China. The changes follow the shock departure last week of the firm’s China head to […]

People

•North West firm Scott Rees & Co has appointed Maria Lloyd as a trainee bilingual paralegal. Lloyd was previously a company solicitor and barrister at Weld in Russia and is currently completing a two-year conversion course at BPP Law School in Manchester. •Ashton Graham Solicitors has appointed Linda Osborn as head of its Ipswich residential […]

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