Chambers overtake law firms in pay battle for junior talent

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Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Raleys appeals SDT decisions on miners case

North-east firm Raleys Solicitors is appealing two Solicitors Disciplinary Tribunal (SDT) decisions relating to the firm’s role in handling compensation claims from sick coalminers. Carol Gill In February the firm’s then senior partner Derek Firth was banned from practising law for four years while equity partner David Barber was suspended for two years and partner […]

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One Essex Court pupils to pocket £60k salary

One Essex Court’s 2010 intake of pupils are to be the highest earning trainees at the bar, with the set revealing it has set its pupillage salary at £60,000. Senior clerk Darren Burrows told The Lawyer that the move shows “the seriousness of our intention to get the best people”. The three students taking up […]

Shepherd & Wedderburn results reflect tough times

Edinburgh-headquartered Shepherd & Wedderburn’s turnover fell by 7 per cent in the 2008-09 financial year, with average ­profit per equity partner (PEP) dropping 26 per cent. At the end of the year the firm’s turnover stood at £39.6m, down from £42.6m, while PEP fell from £311,000 to £230,000. Chief executive Patrick Andrew said: “We, along with many […]

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Arbitrary decision

Firms and sets may look at Saudi as a golden ticket, but the country is still wrestling with the creation of a credible legal system that will satisfy international business. News that Outer Temple Chambers has singled out the Kingdom of Saudi ­Arabia as the next string to its Middle East bow is reflective not […]

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