US firm Sedgwick to close after string of partner exits
US firm Sedgwick is to cease trading early next year in a move that will affect over 80 partners, including six in London.
Historic England hands panel spots to 10 firms as roster triples
City and regional firms have won roles on Historic England’s enlarged 10-firm roster of legal advisers.
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Clients: Business services staff shouldn’t handle our relationships
Clients surveyed by The Lawyer have said they would be “very unhappy” to have a business services professional rather than a lawyer as the main point of contact at their external law firm, new research has revealed. One client’s response was particularly vehement: “Absolutely terrible idea. Having to go through someone who doesn’t really understand […]
Pinsent Masons celebrates International Men’s Day for first time
Pinsent Masons is celebrating International Men’s Day for the first time this year. The firm will mark the occasion with a conference next week for 50 male year 10 and 11 students from its partner schools, who are statistically less likely to achieve their potential at school than their female peers. The firm’s family support network […]
The Beneficial Ownership Register
Sotheby’s bought by French billionaire for $3.7bn
By Francesca Palmer Sotheby’s recent troubles are well documented. From fending off the aggressive overtures of various hedge funds, to streamlining its business in an increasingly chaotic market, it has not always been able to focus on the business of selling art. Having found its White Knight in Patrick Drahi, and with the art auction […]
£15bn lost behind the sofa
New research shown exclusively to The Independent suggests a huge £15bn of assets are lying unclaimed in the accounts of the deceased. This research should serve as a good reminder to everyone that it is important that your family and professional advisors know what funds you have in what accounts. Should the unthinkable happen tomorrow, […]
Johnson proposes £3,000 tax cut for higher earners
By Aidan Grant Johnson’s announcement of his proposed tax cut is certainly grabbing the headlines but it is worth pausing to reflect on the ways it might impact professional advisors and their clients. Journalists quick out of the gates this morning have estimated that raising the threshold at which 40% income tax is paid from […]
UK Supreme Court considers ‘the ordinary reader of a Facebook Post’ in defamation claim
By Imogen Jones The UK Supreme Court has overturned a decision of the Court of Appeal, and held that the judge erred in law by using the Oxford English dictionary definition of a word as a starting point and not taking its context as a Facebook post, into consideration. The Supreme Court looked to how […]
Major banks fined over EUR 1 billion for participation in FX spot trading cartel
By Stephen Critchley, Gurpreet Chhokar The European Commission (the “Commission”) has imposed a fine of €1.07 billion on Barclays, RBS, Citigroup, JPMorgan and MUFG for their participation in two cartels in the Spot Foreign Exchange market for 11 currencies. UBS was not fined as it revealed the existence of the cartels to the Commission. The […]
US firm Sedgwick to close after string of partner exits
US firm Sedgwick is to cease trading early next year in a move that will affect over 80 partners, including six in London.
Historic England hands panel spots to 10 firms as roster triples
City and regional firms have won roles on Historic England’s enlarged 10-firm roster of legal advisers.
3
Clients: Business services staff shouldn’t handle our relationships
Clients surveyed by The Lawyer have said they would be “very unhappy” to have a business services professional rather than a lawyer as the main point of contact at their external law firm, new research has revealed. One client’s response was particularly vehement: “Absolutely terrible idea. Having to go through someone who doesn’t really understand […]
Pinsent Masons celebrates International Men’s Day for first time
Pinsent Masons is celebrating International Men’s Day for the first time this year. The firm will mark the occasion with a conference next week for 50 male year 10 and 11 students from its partner schools, who are statistically less likely to achieve their potential at school than their female peers. The firm’s family support network […]
TPG ramps up panel process as first stage nears completion
New details are emerging with regards to TPG’s ongoing panel process – one of the only private equity houses to launch such a global tender.
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Trowers appoints 12 in real estate-heavy promotions round
Trowers & Hamlins has appointed 12 new partners across its London, Birmingham, Manchester, Exeter, Bahrain and Abu Dhabi offices. Half of the promotions are London-based, with three in Exeter and one in Manchester. Outside of the UK, Trowers’ Bahrain and Abu Dhabi offices have each received one new partner. Over the last two years, Trowers […]
Pinsents wins mandate for £2.5bn Harrow redevelopment
Pinsent Masons is acting on a £2.5bn regeneration and growth programme for the London borough of Harrow. Dubbed “Building a better Harrow”, the project for Harrow Council is being led by real estate partner Scot Morrison alongside procurement director Wendy Nicolson and property senior associate Amy Walker. Though it is a London-focused deal, the team […]
BCLP gains new co-chair as Mayhew stays put
Bryan Cave Leighton Paisner (BCLP) has re-elected Lisa Mayhew as co-leader of the firm, while her fellow co-chair Therese Pritchard has been replaced by another US-based partner. Steven Baumer will take over from Pritchard next year. Pritchard has served as chair of legacy firm Bryan Cave since October 2014, and then as co-chair of BCLP […]
Chinese firms are unstoppable: In five years they will make up two-thirds of the Asia Pacific top 50
Chinese firms are tightening their grip on the rankings in The Lawyer Asia Pacific 100.
The Lawyer Business Leadership Summit 2019: in search of #LegalTechTruths
The agenda for this year’s Business Leadership Summit has now been finalised thanks to an advisory board chock-full of some of the market’s leading thinkers, doers and future-market specialists. This year’s theme is literally simple: back to basics. With the level of noise in the market today around new technology and the latest supposedly time-saving […]
Fieldfisher’s consumer entity eyes Continental European launch
Fieldfisher is considering whether to expand its low-margin consumer services business Roscoe Reid internationally, which is understood to have generated about £2.5m in the last financial year. The firm is eyeing Munich as the next likely location for the setup of a similar service, with the opportunity to serve claimants affected by the Volkswagen emissions […]