Kendall Freeman’s figures take a tumble

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Latest Briefings

Navigating a new reality in the client-empowered era

To thrive in the new era of the empowered client, law firms must make investments designed to modernise the way they run their firms and service their clients. This requires changing culture, developing new competencies, and operationalising new ways of working. Innovative technologies are key enablers to accelerating rms’ transformations in these areas. New research […]

Procurement and state aid update: preparing for Brexit

By David Kilduff, Richard Auton or Richard Butterworth On 13 September 2018, the UK government published further guidance on the future of public procurement in the UK in the event of a “no deal” Brexit. What next for UK public procurement? Under current rules, all procurement opportunities that fall within the scope of the EU procurement […]

Third-party redevelopment – Landlord may oppose tenant’s lease renewal

By Matthew Lonergan, Lucy Shepherd A recent case has confirmed that a landlord was entitled to oppose its tenant’s lease renewal under the Landlord and Tenant Act 1954 where redevelopment of the site was to be undertaken by a third party. Background The case of Santander UK PLC v LPS Estates Ltd concerned the security of […]

Data protection: sunset of £500k, dawn of GDPR enforcement and horizon of Brexit

By JP Buckley In just a short space of time, the ever-evolving world of data protection and cyber has seen yet more change: 1. Potentially one of the last enforcement actions under the Data Protection Act 1998 against Equifax – and a maximum £500,000 fine for them for failing to secure UK citizens’ personal data against […]

Officer of judgment debtor can be committed for failure to provide information – CoA

Deutsche Bank AG v Mr Alexander Vik [2018] EWCA Civ 2011 This judgment is the latest instalment in the long-running litigation between Deutsche Bank (“DB”) and the Monaco-based billionaire, Alexander Vik. In 2008, Mr Vik’s personal investment vehicle, Sebastian Holdings, Inc. (“SHI”), incurred huge debts to DB after it made a series of heavily loss […]

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Local rivals set to soak up Three Fountain Court

The Birmingham bar was rocked this month when the third-largest set in the city collapsed. As first reported on www. thelawyer.com (14 July), the implosion of Three Fountain Court happened after rent increases and stalling fee revenue led to a financial crisis. The set, which specialises in criminal and family matters, deriving much of its […]

Ashurst beefs up German capital markets team with Freshfields hire

Ashurst has strengthened its German capital markets team with hire of a Freshfields Bruckhaus Deringer associate, its second German hire in as many months. Tobias Krug joins as a partner and will start at Ashurst’s Frankfurt office in October. The structured finance expert specialises hybrid capital, equity-linked instruments and securitised derivatives, according to German magazine […]

Merger hopefuls should take note of Sony-BMG debacle

The European Court of First Instance’s (CFI) groundbreaking rejection of the European Commission’s merger clearance of the Sony-BMG music joint venture following a complaint by an industry organisation took the market by surprise. Its true impact, however, is likely to be felt in the future by companies with acquisition or joint venture aspirations that give […]

Bakers brings in bonuses on back of revenue hike

Baker & McKenzie has introduced a new bonus scheme for all UK staff after preliminary figures revealed a 9 per cent increase in London revenue to break the £100m barrier for the first time. London managing partner Gary Senior said the new bonus scheme, introduced from 1 July, would provide all fee-earners and support staff […]

Directors to benefit from age rules

Companies fear being forced to follow statutory employment guidance for directors to avoid falling foul of age discrimination legislation. All large companies expect to have to change the way directors are hired and fired when the new legislation comes into force in October, according to the results of a new survey. Company directors are traditionally […]

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