Lovells’ latest lockstep review rewards junior partners

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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 […]

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Gateleys-HBJ tie-up pays off as PEP jumps by 40 per cent

Average profit per equity partner (PEP) at HBJ Gateley Wareing has rocketed by 40 per cent in the year the firm sealed its Anglo-Scottish merger. Partners are toasting a PEP of £280,000, up by 40 per cent from the £200,000 recorded at the pre-merger Gateleys. Managing partner for England Peter Davies said: “The growth has […]

Wragges handed UCE development work

Wragges handed UCE development work” />Midlands firm Wragge & Co has scooped a role advising the University of Central England (UCE) on potential developments in Eastside, the 10-year regeneration project developing 420 acres of land to the east of Birmingham city centre. A real estate team led by commercial development partner John Burns will advise […]

GE counsel tops US pay league with $5.04m package

General Electric’s legal chief Benjamin Heineman remains the highest-paid general counsel in the US, scooping a mammoth $5.4m (£2.7m) in total cash compensation last year. Heineman narrowly beat Lehman Brothers Holdings’ executive vice-president and chief legal officer Thomas Russo, who earned an equally impressive $5m (£2.68m) in salary and bonuses. However, if stock-related transactions such […]

The work-life quiz Juan Picón

What was your first-ever job?Teaching tennis and skiing at university. Name: Juan Picón Firm: DLA Piper Rudnick Gray Cary Position: Regional managing partner, Spain Lives: Madrid, Serrano Education: Law and economics degree, ICADe (1987). LLM in European Community law from Université Libre de Bruxelles (1989) Work history: 1987: In-house legal counsel, Banco Santander 1988: Associate, […]

Sydney partner pay exceeds A$1m mark

Average pay for Sydney-based partners in Australia’s largest firms has broken through the A$1m (£410,440) barrier for the first time, according to a new salary survey. The survey by Mahlab Recruitment found that average partner remuneration at top-tier firms in Sydney was A$1.04m (£412,000). The top tier includes Australia’s ‘big six’ of Allens Arthur Robinson, […]

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