McGrigors and KLegal: best friends or chalk and cheese?

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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 […]

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Richards Butler scoops Microsoft work

Richards Butler has won Microsoft as a corporate client after being appointed ahead of regular UK corporate adviser Linklaters to advise on the technology giant’s latest UK disposal. Partner David Boutcher led the team advising on the sale of Microsoft’s HR software company PWA Group to Northgate Information Solutions. Richards Butler was appointed by Microsoft […]

Kafkaesque court

Exactly why Southwark Crown Court has telephones and staff manning them remains shrouded in a mysterious fog, through which Tulkinghorn cannot penetrate. The sterling efforts by one deadline-facing reporter from The Lawyer last week to get hold of an order by Judge Peter Fingret, which reversed his earlier ban on press coverage of a Serious […]

KLegal history: How McGrigors found Klegal

KLegal signed its merger agreement with Scottish giant McGrigor Donald in November 2001 – a deal first revealed by The Lawyer (12 November 2001). The merger, aimed at ramping up KLegal’s London operation, was the first involving an accountancy-tied firm in the UK. The merger put the firms in a strong position to rival the […]

A&O to take on limited liability status

Allen & Overy is set to become the first magic circle firm to convert to a UK limited-liability partnership (LLP). The Lawyer understands that, subject to a partnership vote, conversion could take place by the end of this financial year, although it is possible that not all of the firm will initially transfer to LLP […]

Opinion

There has been recent international discussion over the fate of Iraq’s shrouded international debt. The Jubilee Iraq network, among others, has called for the cancellation of loans used to bolster Saddam’s and his cronies’ reign of terror and for the establishment of an international debt tribunal to determine which loans were hostile to the interests […]

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