HBJ Gateley Wareing’s turnover soars post-merger

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Latest Briefings

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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A leap into the unknown

The entire legal landscape of England and Wales is set to change under new legislation unveiled by the Lord Chancellor Lord Falconer last week (24 May). The Legal Services Bill will radically reform the way lawyers work as it paves the way for both outside investment and multidisciplinary partnerships (MDPs). As revealed by The Lawyer […]

Cobbetts predicts static PEP

Cobbetts is predicting no change in profitability due to a slower than anticipated consolidation of its recent growth spurt. Cobbetts managing partner Michael Shaw said average profit per equity partner (PEP) is likely to remain static at around £190,000, despite a 7 per cent turnover rise to £53.7m. Cobbetts carried out a series of mergers […]

The lockstep quickstep

The phrase ‘lockstep review’ appears to have become synonymous with Lovells. Not content with the changes introduced at the start of 2006, the City firm has embarked on yet another review. The Lovells lockstep currently runs from 24-60 points, with an increase of three points every year for 12 years. As first reported by The […]

Freshfields set to ditch all-equity partnership

Freshfields Bruckhaus Deringer is moving ahead with radical plans to ditch its much-cherished all-equity partnership model. The magic circle firm’s partnership council approved plans to create fixed-share partners last Wednesday (24 May) and will put the proposals to a worldwide partner vote by the end of June. According to one Freshfields source, if the move […]

International Firm Profile: Luce Forward

After two and a half years as Luce Forward Hamilton & Scripps’ managing partner, Bob Bell is at a crossroads. His firm has reached a respectable size, is operating profitably and is well respected in its core practice areas of litigation, construction and insurance. Firm: Luce Forward Hamilton & Scripps Managing partner: Bob Bell Turnover: […]

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