Orrick freezes associate salaries at 2008 levels

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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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Ashurst ups cash at bank

Ashurst had almost £45m in the bank at the end of the 2007-08 financial year, with the balance increasing by around 40 per cent from the previous year. The figures were revealed in the firm’s first published LLP accounts and, according to Ashurst’s financial director Nigel Morland, reveal a picture of conservative financial management. Morland […]

A&O duo succeed Pease as India chiefs

Allen & Overy has appointed a duo of partners to head its India group following the retirement of India group chairman Alex Pease at the end of last year. Allen & Overy (A&O) has appointed a duo of partners to head its India group following the retirement of India group chairman Alex Pease at the […]

Beresford loses legal supermarket race

Barrister Craig Holt is set to become the first person to launch a web-based legal supermarket in the UK, beating disgraced solicitor Jim Beresford to the punch. As TheLawyer.com re­ported (12 December 2008), Beresford, name partner of Doncaster-based Beresfords Solicitors, who was struck off for misconduct in his handling of the coalminers’ compensation scheme, is […]

Ashurst replaces Green on management board

Ashurst replaces Green on management board” />Ashurst has elected a new member to its management board to replace former senior partner Geoffrey Green, who will launch the firm’s Hong Kong office in February (The Lawyer, 4 August 2008). London corporate and investment funds partner David Evans (pictured) has been appointed to the board for the […]

Ex Skadden lawyer takes the firm to court

A former associate at US elite firm Skadden Arps Slate Meagher & Flom is suing the firm for defamation and wrongful termination of employment. Former Los Angeles-based associate Gary Green is suing Skadden in a Californian court, claiming he was fired from the firm after giving a junior associate a critical review. He alleges that […]

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