In brief: The Law Society

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Latest Briefings

FCA Business Plan 2019/2020 – an overview

By Michael Ruck On 17 April 2019, the FCA issued its Business Plan for 2019/2020 which sets out the regulator’s key priorities for the coming 12 months. We’ve prepared a brief overview of the plan to give you a quick idea of how the changes will affect your firm in practice over the next year.

Direct marketing and consent FAQs | GDPR Periscope series

By Emma Erskine-Fox, Brian Craig Direct marketing questions continue to befuddle marketers and data practitioners alike. Whilst marketing success and GDPR compliance are not mutually exclusive, the interplay between different pieces of legislation can make this a confusing area. A year after marketing consents were refreshed, below we answer four of our most commonly-received marketing […]

Antitrust and Syndicated loans

By Martin Ebner, Volker Weiss In 2017 the Directorate-General for Competition of the European Commission (DGCOMP) kicked-off a process to examine loan syndication. In an initial step, DGCOMP commissioned a study to take stock of the EU loan syndication market. The study was aimed at deepening the understanding of the syndication process and screening for […]

Significant Beneficial Ownership: MCA Releases Amended Rules

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules, 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners), 2018 (Old SBO Rules). The New SBO Rules have once again kick-started the process of requiring significant beneficial owners to start the reporting procedures. […]

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Freshfields loses FTSE 100 client

Freshfields is losing a major client – aerospace giant LucasVarity – following its takeover by US-based autoparts and space group TRW. TRW completed its take-over of FTSE 100 company LucasVarity this month. Virtually all corporate legal work will now be US-based, although the operations side of the business is not affected, says LucasVarity’s general counsel […]

…as court rules on regional fees

MANCHESTER law firms were given a boost in the Court of Appeal after judges declared that claimants should use local firms and not London firms in Manchester-based cases. The ruling throws into doubt the ability of London firms to charge London rates in provincial court cases. The court decided that a judge assessing costs in […]

Herbert Smith silk in bias row

A Herbert Smith partner, sitting as a deputy judge, has come under fire for refusing to step down from a case in which he is accused of having a conflict of interest. Lawrence Collins, one of the few solicitor silks, ruled there was no conflict of interest in hearing a property case in the Chancery […]

St Philip's adds top QC and four juniors to its growing portfolio

The biggest chambers in the UK, St Philip’s Chambers in Birmingham, is continuing its rapid expansion by poaching five barristers from rival sets. The influx is being led by commercial and family silk, Heather Swindells QC, who joins from leading London set 36 Bedford Row. Swindells, a recorder, is founder and chairman of both the […]

Quote of the week

“There is no place in our judicial system for an ancient, insanitary, decaying mass of congealed horsehair.” – Andrew Dismore, MP for Hendon, who tabled an amendment to the Access to Justice Bill seeking to abolish wigs as the Bill progressed through its Commons committee stage.

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