Manches votes out traditional lockstep

Manches has overhauled its management structure and its equity partner remuneration scheme

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Hewitsons' investment unit links with Birketts

Regional law firms Hewitson Becke + Shaw and Birketts have brought their investment units together to create a new company Hewitsons, which has offices in Cambridge and Northampton, and Ipswich firm Birketts have merged their investment units together to create Affinity Investment Management. The move was prompted by the stringent demands of the new Financial […]

Nelsons construction dept suffers exodus

A sizeable chunk of Nottingham-based firm Nelsons’ construction team has departed for local rival Browne Jacobson The move comes as Nelsons restructures its construction department following the loss of key partner Leslie Gray, who died in the Hatfield rail disaster.Partner Russell Deards has moved to the Nottingham office of Browne Jacobson together with a solicitor […]

The IT factor

IT has opened many doors, but contractual problems are rife. Nick Holland reports on the potholes and safety nets We often hear about IT contracts going wrong or ending in dispute. Perhaps the most classic example of this reached the public consciousness two years ago – the problems with the issuing of passports due to […]

Pillsbury cuts first year salaries as technology downturn impacts

San Francisco-based Pillsbury Winthrop has sliced $10,000 (£7,000) off its salary for first year associates The move comes as Bay Area firms fight the technology slowdown through a variety of cost-cutting initiatives.This year, the firm’s new associates will receive an annual salary of $125,000 (£87,500), down from $135,000 (£94,500). Pillsbury’s stance on remuneration mirrors similar […]

Law Society to decide if Bahl inquiry is necessary

The Law Society is holding a special general meeting on 31 January on whether to set up an independent inquiry into the Kamlesh Bahl affair Last July the society was found liable for sexual and racial discrimination against its former vice-president.The call for an inquiry has come from Bahl, with the support of Imran Khan. […]

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