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Latest Briefings

Navigating a new reality in the client-empowered era

To thrive in the new era of the empowered client, law firms must make investments designed to modernise the way they run their firms and service their clients. This requires changing culture, developing new competencies, and operationalising new ways of working. Innovative technologies are key enablers to accelerating rms’ transformations in these areas. New research […]

Procurement and state aid update: preparing for Brexit

By David Kilduff, Richard Auton or Richard Butterworth On 13 September 2018, the UK government published further guidance on the future of public procurement in the UK in the event of a “no deal” Brexit. What next for UK public procurement? Under current rules, all procurement opportunities that fall within the scope of the EU procurement […]

Third-party redevelopment – Landlord may oppose tenant’s lease renewal

By Matthew Lonergan, Lucy Shepherd A recent case has confirmed that a landlord was entitled to oppose its tenant’s lease renewal under the Landlord and Tenant Act 1954 where redevelopment of the site was to be undertaken by a third party. Background The case of Santander UK PLC v LPS Estates Ltd concerned the security of […]

Data protection: sunset of £500k, dawn of GDPR enforcement and horizon of Brexit

By JP Buckley In just a short space of time, the ever-evolving world of data protection and cyber has seen yet more change: 1. Potentially one of the last enforcement actions under the Data Protection Act 1998 against Equifax – and a maximum £500,000 fine for them for failing to secure UK citizens’ personal data against […]

Officer of judgment debtor can be committed for failure to provide information – CoA

Deutsche Bank AG v Mr Alexander Vik [2018] EWCA Civ 2011 This judgment is the latest instalment in the long-running litigation between Deutsche Bank (“DB”) and the Monaco-based billionaire, Alexander Vik. In 2008, Mr Vik’s personal investment vehicle, Sebastian Holdings, Inc. (“SHI”), incurred huge debts to DB after it made a series of heavily loss […]

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NHS IP arm appoints new director

The intellectual property arm of the NHS for the capital, NHS Innovations London (NHSIL), has appointed a new director of IP management. Alan Driver joins NHSIL from Partnerships UK, a joint venture with HM Treasury which helps public bodies commercialise their assets, where he was project director. Prior to that, Driver was a founder of […]

The financial forecast

Take a deep breath. The reporting of year-end figures has kicked off. Here are some predictions. This will be a record year for much of the City. At least 10 firms will gift their top partners more than a million for the first time and be able to put two fingers up to the Americans. […]

Riff justice

It looks as though Tulkinghorn’s long-time favourite axeman, Lovells property guru Bob Kidby, has competition. Last week a jazz band featuring two Pinsent Masons property lawyers – Andrew Yates and David Meecham – raised around £5,000 for the Birmingham Children’s Hospital and Acorns Children’s Hospice at their annual gig. The band, cunningly named Hot Property […]

OSSE chief quits for Law Society of Scotland role

The lead lawyer in the Office of the Solicitor to the Scottish Executive (OSSE) Richard Henderson is retiring at the end of this month to become vice-president of the Law Society of Scotland. The news follows the completion of the Executive’s legal panel review last week, which saw CMS Cameron McKenna, McGrigors and Shepherd & […]

Wragges reveals tepid financials

Birmingham-based Wragge & Co has boosted turnover by a middling 11 per cent, hitting £112.6m after 2005-06’s £101.3m. Meanwhile, average profit per equity partner (PEP) has hit £410,000, up by less than 4 per cent from £395,000 last year. Total profit is up by 9 per cent, from £41m to £45m, while the profit margin […]

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