Set-off in construction contracts

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Latest Briefings

Longer term tenancies? Potential implications for lenders

Walker Morris’ Housing and Banking Litigation experts Karl Anders, Justin Coley and Sandip Singh explain the UK government’s consultation on introducing longer-term tenancies in the private rented sector, with a particular focus on potential impacts for lenders…

Assessing creditworthiness in consumer credit: FCA publishes final rules and guidance

The results of a large-scale survey by the Financial Conduct Authority (FCA) in 2017 indicated, among other things, that: 75% of UK adults had one or more consumer credit products or loans in the previous 12 months; 4.1 million people were “in difficulty” because they had already failed to pay domestic bills or meet credit […]

Open Banking, fintech and the Brexit hokey cokey

By Miles Trower London is, arguably, the most important global hub for financial services. As a result, the consequences of the Brexit vote, the ensuing uncertainty and the eventual transitional and regulatory framework applying to UK financial services and how it will continue to access overseas markets has been subject to huge speculation. Much of […]

FCA consultation on a Global Financial Innovation Network

By Russell Kelsall On 7 August 2018, the Financial Conduct Authority (FCA) published a consultation on the creation of a Global Financial Innovation consultation. With innovation in the global financial services market rapidly increasing, it is important for firms to consider the options for building, implementing and sharing experiences of digital solutions.

Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

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Dechert makes up three in London in 11-strong promos round

Dechert has promoted three partners in its London office amid 11 promotions globally – the same number as last year. Litigator Caroline Black and corporate lawyers Andrew Harrow and Patrick Lyons are the three London lawyers promoted, effective 1 January. This year two City-based practitioners made the cut among the 11 promotions, while in 2013 […]

Private client firms Hunters and May May & Merrimans to merge in April

Private client firms Hunters and May May & Merrimans have announced they are merging in April next year, creating a firm with 120 staff. The firms together boast a combined experience of 530 years. Lincoln’s Inn firm Hunters was founded in 1715 and Gray’s Inn-based May May & Merrimans in 1768. The merged firm will […]

Matt Byrne

Ride the wave of change, don’t resist it

The news last Friday that Addleshaw Goddard is clambering aboard the flexible resourcing juggernaut underlines how quickly this part of the legal services market is moving. Over the past couple of years or so a growing number of traditional law firms have followed the trail blazed by Berwin Leighton Paisner, which launched Lawyers on Demand […]

dubai big

UAE firm Galadari adds DIFC office

Middle East firm Galadari has added its fourth office with a launch in the Dubai International Financial Centre (DIFC). The DIFC office adds to Galadari’s existing presence in Abu Dhabi, onshore Dubai and the Jebel Ali Free Zone (JAFZA). The new office will be led by managing partner Abdulla Galadari, with a team including corporate […]

Addleshaws: where is it going and what does it want to be?

It’s been an era-defining year at Addleshaw Goddard, as today’s analysis explains, but managing partner John Joyce has the potential to turn the firm’s fortunes around by unveiling the right strategy later this week. The Lawyer has explored the firm’s various options. Merger, reducing London service lines, and bulking up the transactional services team are […]

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