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Investment management, succession planning, philanthropy: the diverse functions of the family office

Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

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By Oliver Passmore, Alex Horsbrugh-Porter Patisserie Valerie Patisserie Valerie entered into administration at the start of this year following the discovery of fraud within the company. It is thought that inflated profit margins and sale figures and thousands of false entries in the company’s ledgers caused the company’s accounts to be overstated by approximately £94m. […]

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Serbian Banks Embracing Digital Technologies

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In brief: Morgan gets ITV lawyer 'Oscar'

Leon Morgan, senior partner at London-based Davenport Lyons, has been named “Lawyer of the Year” by judges at this year’s Independent Television Association annual legal and business affairs party. Morgan was presented with the award – an ITV “Oscar” – last Wednesday night.

Fundholding 'seriously flawed'

The Social Market Foundation’s “fundholders for justice” scheme for legal aid, currently being considered by the Government, is based on out-of-date statistics and contains “seriously flawed” analysis, says the Law Society. In a damning report, the society says the money-saving proposal would turn legal aid into “a lottery”. “Cash-limiting legal aid might be attractive to […]

Conference aims to help students understand Bar

Geoffrey Robertson QC’s Doughty Street chambers is boosting its criminal practice by taking on four additional barristers. David Farrington and David Bentley join the chambers from Andrew Mitchell’s chambers at 171 Fleet Street. The addition of Paul Bogan from David Barnard’s chambers at 33 Bedford Row and Hugh Barton from Walter Aylen QC’s chambers in […]

In brief: Young solicitors discuss quality of life

The London branch of the Trainee Solicitors’ Group has met with Young Solicitors’ Group chair Andy Unger to discuss quality of life in the legal profession. The meeting, held at Wilde Sapte’s new Fleet Place offices earlier this month, included input on control over hours, more flexible approaches for fee-earners, use of technology, and team […]

Law Soc backs army rights of audience

IN-HOUSE army lawyer Lt Col Stephen Vowles has been successful in his bid for rights of audience. The Law Society has given the army officer a block exemption from the society’s training programme and exam on the strength of his considerable court martial experience. Vowles, who last year prosecuted a murder case in Germany, is […]

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