Law Society to students: legal career may be too risky

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

Recommended

FoxMandal leaves staff unpaid as clients hold on to their cash

Indian firm FoxMandal Little (FML) has not paid a number of its Delhi lawyers for at least a month due to cashflow problems. FML managing partner Som Mandal said this was because the firm’s lockup (the time it takes for clients to pay bills after lawyers start work on a project) had increased from around […]

Turnover stands firm at Bond Pearce

Turnover has remained steady at Bond Pearce over the 2008-09 financial year, with the firm bringing in £48m, equal to 2007-08’s figure. Despite the lack of change in turnover, profitability fell slightly at the South West firm, with the profit margin dropping from 17 per cent in 2007-08 to 15 per cent in 2008-09. As […]

Three dealing

Cayman, Bermuda and the BVI are the ideal jurisdictions for Brazilian companies to turn to when they need sophisticated financial products. By Alan Dickson When the economic ­crisis passes, Brazil will be remembered as being a calm port in the financial storm. Indeed, international investors are still interested in opportunities for exposure to Brazil’s relatively […]

Silver or brass?

SJ Berwin’s financial results tell the tale of an entire section of the legal market (see story). For along with BLP, Ashurst, Travers Smith and Macfarlanes, SJ Berwin is part of what was identified by The Lawyer back in 2005 as the silver circle – a group of firms with largely UK businesses and with […]

Show and tell

Confidentiality and transparency are the new watchwords of the global financial community. Peter Niven looks at how Guernsey is responding Guernsey now features prominently alongside the UK and US on the Organisation for Economic Cooperation and Development’s (OECD) ‘white list’ of transparent jurisdictions that was published at the conclusion of the April G20 summit in […]

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