Hammonds partners hit by 18 per cent profits fall

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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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McDermott scoops team in latest round of CC NY departures

Clifford Chance’s New York exodus today shifted up a gear after a team of six corporate lawyers jumped ship for McDermott Will & Emery. The haul includes two partners, John Lutz and David Taub who both specialise in capital markets with a particular emphasis on derivatives and structured products. Joining Lutz and Taub, will be […]

Addleshaws promotes to fill partnership gap

Addleshaw Goddard is promoting 11 lawyers after losing three partners earlier this month. Three will become partners, including employment lawyer Ruth Davies, finance and projects lawyer Andrew Pettinger and corporate restructuring and insolvency lawyer Daniel Redstone. Another eight lawyers will step into legal director roles, which have been designed to provide a career development path […]

Addleshaws hires partner for City projects team

Addleshaw Goddard is aiming to strengthen its London projects practice with the addition of a new partner. Richard Guit will boost the number of partners in the City group to seven when he moves from CMS Cameron McKenna in June. The London projects team was also recently boosted by the move across from corporate of […]

Dentons poised for £10m tax windfall after Asia closures

Timing of Asia network sell-off prompted by 2005 tax hike; Dentons to pour resources into Paris Denton Wilde Sapte could save much of the estimated £10m cost of closing its Asian network by offsetting it against a one-off tax hike that UK law firms face in January 2005. Due to a change to the way […]

What a dummy

It seems that Leeds-based Eversheds partner Jonathan Guest has got over his enormous embarrassment at being turned into a ventriloquist’s dummy. This means it’s high time the story was brought to a wider audience so that he can go red all over again. The tale starts at the national firm’s annual commercial conference earlier this […]

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