Law Society set for redundancies

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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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City firms face trainee chaos as Uni strike hits

City firms face the prospect of a year with no trainees after the Law Society refused to allow students unable to graduate because of striking lecturers entry onto the LPC or GDL. The lecturers’ pay dispute has affected universities across the country, with academics refusing to mark final exams. Law students are among the most […]

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Wives win landmark divorce rulings

Withers and family law boutique Family Law in Partnership (FLIP) have won a landmark House of Lords judgment this morning (24 May) on behalf of two women claiming money from their husbands after divorce. The Lords ruled that Melissa Miller is entitled to £5m from her ex-husband, while Julia McFarlane will have an annual payment […]

CC takes axe to 300 jobs

Clifford Chance‘s management has underlined its war on costs with a dramatic reduction in non-fee-earning staff. The magic circle firm has axed 300 business support jobs in one year and a total of 700 over three years, with the trend set to continue into 2006-07. The dent in headcount, which was revealed at the Clifford […]

Govt barrister returns to Blackstone

Barrister Emma Dixon has returned to practise at Blackstone Chambers after four years working with the Government Legal Service (GLS). Dixon specialises in public law, human rights and environmental law. While at the GLS, Dixon helped develop and implement the employment directive and advised the Government on medical ethics. Dixon originally joined Blackstone in 1996.

Foot Anstey on course to dominate South West

South West firm Foot Anstey has seen its turnover shoot up by 27 per cent as it continues on its mission to become the premier firm in the region. Turnover grew to £14.1m, an increase of 27 per cent from last year’s £11.4m fee income. The increase is due partially to its May 2005 merger […]

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