Latest Briefings

Sending in the bailiffs… no longer an option for landlords

On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).

What price do you put on the environment?

The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.

SMAs – a phoenix from the flames of Covid-19?

One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.

Recommended

200+ legal jobs under threat at Lehman Bros

At least 200 UK jobs in the legal, compliance and audit team are under threat at collapsed bank Lehman Brothers. This is understood to include at least 60 qualified lawyers, with the rest being made up of compliance, auditing and other staff in the bank’s legal team. According to a source within the team, none […]

Wall St woes: the heat and the cool

It isn’t just financial institutions that are feeling the heat on Wall Street this week. The collapse of Lehman, the acquisition of Merrill Lynch and the effective nationalisation of AIG has left dozens of lawyers facing life without their once lucrative client relationships. Lehman certainly used to be a big deal for Cadwalader Wickersham & […]

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Going Overy the top…

In Hungary, Allen & Overy’s management seems to ­prefer getting its hands dirty directly. So much so that senior ­partner David Morley has named the firm’s local ­subsidiary Morley Allen & Overy Iroda. This is ­apparently a longstanding tradition in Hungary, as his ­predecessor Guy Beringer had christened the firm Beringer Allen & Overy Iroda. […]

Norton Rose

UK 200 Position: 12 UK 200 … Position: 10 hFirm: Norton Rose Turnover: £297mProfit per equity partner: £625KEarnings per partner: £486KEquity spread: £360K-£940KNet profit: £98.8mProfit margin: 33 per centRevenue per fee-earner: £258KRevenue per lawyer: £312KRevenue per partner: £1,207KRevenue per equity partner: £1.88mTotal number of fee-earners: 1,151Total number of qualified partners: 953Total number of partners: 246Total […]

Russia partner joins DLA Piper board

DLA Piper has elected its first Russia-based international board member to fill the void left by Nordic chief Henning Øglænd, who stood down halfway through his term. Russia and CIS managing partner Constantine Lusignan-Rizhinashvili won the election, seeing off competition from London partner Matthew Saunders, Abu Dhabi managing ­partner Stephen Webb and Hamburg partner Klaus […]

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