UK firms chop staff space despite headcount growth
The UK’s largest law firms are slimming down on the amount of office space they allocate to each staff member, as agile working sweeps the legal market.
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What 30 years of The Lawyer tells us: feminist pressure worked
We can broadly divide the past 30 years of the UK legal sector into three phases: innocence and enthusiasm; expansion and over-reach; and chastened realism.
Lloyds instructed Linklaters one day before HBoS merger bid, witness reveals
Lloyds instructed Linklaters as its legal advisers just one day before it announced its controversial acquisition of Halifax Bank of Scotland, (HBoS) the High Court has heard.
The 60 second interview: The privilege gap is narrowing
Ahead of our Managing Risk and Litigation event, Jenner & Block’s Charlie Lightfoot talks about Brexit and the changing perceptions around legal privilege
FCA market study into wholesale insurance brokers
Claims management companies: The new regulatory regime
Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…
Adjudication Matters – July 2018
The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]
Disputes Matter – Summer 2018
This edition contains the following briefings: Contract valid despite parties’ common mistake An entirely surprising interpretation of an entire agreement clause Excluding liability effectively Successful settlements ‘Non-reliance’ clause found not reliable to defeat misrepresentation claim Of ‘Supreme’ Significance
Protecting DB schemes: a stronger Pensions Regulator
The Government made clear in its March 2018 Pensions White Paper that it is committed to ensuring that the Pensions Regulator (Regulator) has the right powers to be able to protect effectively defined benefit pension schemes. On 29 June 2018 the Department for Work and Pensions (DWP) published a consultation paper setting out the Government’s […]
PPI updates: Court case and FCA consultation
Walker Morris has reported previously on the Financial Conduct Authority’s (FCA) proposals for the handling of Payment Protection Insurance (PPI) complaints and for dealing with the so-called ‘Plevin problem’ (that is, the uncertainty following the Supreme Court’s decision that non-disclosure of a significant amount of PPI commission earned by a lender created unfairness in the lender/borrower […]
UK firms chop staff space despite headcount growth
The UK’s largest law firms are slimming down on the amount of office space they allocate to each staff member, as agile working sweeps the legal market.
1
What 30 years of The Lawyer tells us: feminist pressure worked
We can broadly divide the past 30 years of the UK legal sector into three phases: innocence and enthusiasm; expansion and over-reach; and chastened realism.
Lloyds instructed Linklaters one day before HBoS merger bid, witness reveals
Lloyds instructed Linklaters as its legal advisers just one day before it announced its controversial acquisition of Halifax Bank of Scotland, (HBoS) the High Court has heard.
The 60 second interview: The privilege gap is narrowing
Ahead of our Managing Risk and Litigation event, Jenner & Block’s Charlie Lightfoot talks about Brexit and the changing perceptions around legal privilege
Quinn Emanuel to appeal ruling in postponed £1bn Barclays dispute
Quinn Emanuel Urquhart & Sullivan client PCP Capital Partners is considering whether to launch an appeal against the decision to adjourn its £1.2bn dispute with Barclays until October next year.
Freshfields and Paul Hastings lead on €260m telecoms sale
Freshfields Bruckhaus Deringer and Paul Hastings have picked up lead roles on the latest bumper deal in the increasingly active telecoms sector. The magic circle firm has been advising South African company MTN Group on its sale of subsidiary company MTN Cyprus to Monaco Telecom for approximately €260m. Paul Hastings is representing the buyer Monaco […]
CMS slashes Reading office headcount after fee-earner review
CMS Cameron McKenna Nabarro Olswang is to nearly halve the size of its Reading office after a review affecting the firm’s real estate practice, just over a year into its tripartite merger. The Lawyer understands the firm held a consultation with seven fee-earners in the real estate asset management practice, with the majority of the group relocating to […]
Fintech start-up builds legal team with first GC
The former general counsel of MarketInvoice Simon Coles has joined fintech start-up Capital On Tap as its first legal head. Capital On Tap provides tech-driven funding facilities to SMEs and enables customers to access instant funding to grow their business. Before his stint as general counsel at cashflow finance provider MarketInvoice, which ended last year, […]
Law Society to quiz tech pros on use of algorithms in UK justice system
The Law Society has organised an evidence session to explore the use of algorithms in the justice system. Members of the Law Society of England and Wales Public Policy Commission will take evidence on July 25 from tech, government, commercial and human rights experts in an effort to understand whether the use of algorithms should […]
Withers re-elects Robertson for fourth stint as CEO
Withers managing director Margaret Robertson has been re-elected for a fourth term, following a successful reign overseeing the internationalisation of the British firm. Following the uncontested election, Robertson will remain as CEO for a three-year term, until 2021. The firm’s 2016/17 financials revealed an eight per cent growth in revenue from £161.5m to £174.5m. Withers also promoted […]
Linklaters and Eversheds lead in ongoing BA pensions dispute
Eversheds Sutherland has secured a decision to appeal a landmark High Court judgment for the pension trustees of the Linklaters-represented British Airways, which could see the airline pay out up to £12m in benefits. In a two-against-one decision, Lord Justice Patten dismissed the appeal while Lord Justices Lewison and Peter Jackson both elected to permit […]