LeBoeuf posts 23 per cent revenue rise

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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 […]

Recommended

DLA Piper equals Philly rivals with salary hike

DLA Piper Rudnick Gray Cary has raised it associate salaries in Philadelphia to some of the highest in the city. First year associates will now receive $125,000 a year backdated to 1 January. Each associate level after the fourth year will received a $10,000 increase, taking the basic salary for eleventh year associates to $210,000. […]

BCCI costs hearing: Stadlen attacks ‘disgraceful’ Deloittes, Lovells

Fountain Court Chambers’ Nicholas Stadlen QC, appearing for the Bank of England, has slammed Lovells for failing to turn up for the BCCI costs hearing which began on Monday (30 January). Stadlen yesterday derided the liquidator’s legal team and the collapsed bank’s liquidators, Deloittes, who also did not atttend the expected four-day hearing before Mr […]

Women’s club creates legal kitty to aid access to justice

A new online women’s group is establishing a ‘housekeeping kitty’ to provide access to justice for women who cannot afford lawyers. The recently launched Womens Club International plans to offer interest-free loans and discretionary grants as a core service for members if they need to go to the law but cannot afford it. The new […]

London and Europe safe, says Chadbourne’s O’Neill

Chadbourne & Parke has moved to allay fears its European and UK operations could fall under the axe following the firm’s dismal 2005 financial result. Revenue fell around 5 per cent for the New York-based firm, and managing partner Charles O’Neill had warned in a firmwide memo that steps, including cutting the number of partners, […]

199 Strand chief to follow colleague to Wilberforce

The head of chambers from dissolved set 199 Strand David Phillips QC has joined Wilberforce Chambers. Phillips is a highly-respected commercial barrister with recent involvement in a series of high-profile football disputes and a particular expertise in road transport regulatory work. “Over the past few years, a disproportionate amount of my time has been spent […]

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