Lovells concludes lockstep review

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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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Latham in ten per cent global profits surge

Latham & Watkins has continued its winning streak after unveiling impressive financial results for 2004. Turnover at US firm has increased 17 per cent on 2003, from $1.03bn to more than $1.2bn last year. The results follow a phenomenal 2003, which saw the firm post a 14 per cent revenue rise to break through the […]

The Lawyer global offshore report – Isle of Man

The years 2003, 2004 and 2005 will be seen as the period when the Isle of Man laid down new foundations to take its economy forward to meet the challenges of a globalised and, theoretically, more transparent world. Accordingly, the changes that occurred in 2004 should be seen as part of a strategy that is […]

UK revenues show the way for Reed Smith

Reed Smith’s UK revenues comfortably outstripped the rest of the firm with turnover rising 29 per cent during the last year to $36.2m compared with a 19 per cent rise across the whole firm. UK profit per equity partner for 2004 was up 6.8 per cent to $768,500 (£407,000). Total firm revenue in 2004 was […]

Deutsche shakes up UK panel

Deutsche Bank is to launch a review of its UK law firm panel for leveraged finance deals in a bid to slash its annual legal spend.It is understood that Deutsche will use the review to persuade external lawyers to write off legal fees more readily when a deal collapses. In the UK, Deutsche uses Allen […]

Firm profile: Druces & Attlee

On the wall of Druces & Attlee’s reception is a portrait of a grave-looking man in neat, black legal clothes. Charles Druce still watches over the firm that bears his name. But Druces has changed considerably from the private client outfit that started out in 1783. These days senior partner Roy Campbell presides over a […]

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