Lovells picks new competition head

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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MBR&M succession race looms as UK booms

The London office of Mayer Brown Rowe & Maw (MBR&M) posted an increase in net profit of 39 per cent during 2005, placing London senior partner Paul Maher in a strong position for the impending succession battle for the role of firm chairman. The London office of Mayer Brown Rowe & Maw (MBR&M) posted an increase […]

QC goes on the fiddle

Credit is due to 7 King’s Bench Walk’s Jonathan Gaisman QC, who chose to come to the Hot 100 party instead of hearing the legendary Russian cellist and conductor Mstislav Rostropovich conduct up-and-coming violinist Maxim Vengerov at the Barbican Centre. Gaisman did dash off early to catch the second half of the concert, but missed […]

Orrick’s profits boosted by Coudert raids

Orrick Herrington & Sutcliffe has reported a 14 per cent increase in profits per partner (PPP) to reach £703,000 ($1.24m) in 2005. Turnover increased by 14.5 per cent to £31.4m ($554m) in 2005, up from $484m the previous year, while average revenue per lawyer rose to £425,000 ($750,000). The San Francisco-based firm’ success will be […]

UK’s associate bonus rates put US firms at loggerheads

“All New York firms pay essentially the same – it’s just a matter of who goes first,” says Cleary Gottlieb Steen & Hamilton’s managing partner in London Glen Scarcliffe on the subject of associate bonuses. That is Scarcliffe’s opinion, but the research does not quite back it up. Shearman & Sterling went first this year, […]

The writing’s on the wall

Here’s a small recommendation to partners in talks to move firms. If you’re in talks with a firm and happen to pick up one of their snazzy branded pens, it’s a good idea not to take out that pen when you’re in a meeting with another firm. It may be a slight giveaway that you’re […]

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