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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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PwC calls on SJ Berwin for Baugur administration

SJ Berwin has won a choice instruction from PwC administrators Tony Lomas and Zelf Hussain, who have been asked to take control of Icelandic investment group Baugur. SJ Berwin for Baugur administration” />SJ Berwin has won a choice instruction from PricewaterhouseCoopers (PwC) administrators Tony Lomas and Zelf Hussain, who have been asked to take control […]

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Simpson Thacher gets its home in Sao Paulo

Simpson Thacher & Bartlett has secured permanent office space for its launch in Brazil. Last year, The Lawyer revealed Simpson’s plans to launch in Sao Paulo with partners Todd Crider and Jaime Mercado spearheading the initiative (9 June 2008). But last month, The Lawyer revealed that the firm’s Brazilian launch had been delayed while it […]

Baker Botts breaks $600m with year-end results

Baker Botts has reported a 6.16 per cent increase in global revenue for the past financial year. The Texas-headquartered firm grew revenue from $577.7m in 2007 up to $613.3m in 2008. Baker Botts also grew average profit per equity partner (PEP) by 4.6 per cent from $1.3m up to $1.36m in 2008. The past year […]

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The flight from decency

While the race is on at the magic circle to see who can sack most people and boost profits for those remaining as quickly as possible, some firms have little time for such a strategy. Dewey & LeBoeuf chairman Steve Davis was over in the London office last week as part of his fortnightly “check-in” […]

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Dickinson Dees launches third redundancy round

Dickinson Dees launches third redundancy round” class=”inline_image inline_image_left” src=”/pictures/web/images/16172_newcastle90.gif” />Newcastle firm Dickinson Dees has begun redundancy talks with a view to laying off up to 90 of its workforce. It is expected that around 15 qualified lawyers will be affected, mostly in the property departments. A statement from the firm said: “The global economic conditions […]

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