Profits shrink as growth continues

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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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Wilde Sapte appoints CC aviation man

Wilde Sapte has appointed aviation specialist Brett Hailey, formerly at Clifford Chance, as a partner in the asset finance practice. The moves follows the recent departure from Wilde Sapte of asset finance partners David Smith and Mario Jocovides to Allen & Overy.

Beachcrofts' e-news

Beachcroft Stanleys has launched a free electronic news service for insurance claims professionals. Insurance Litigation Alerts provides weekly updates via e-mail or e-fax on legal developments in the area. To register, e-mail Joanne Dee at the firm’s insurance litigation group at jmd@beachcroft.co. uk or fax her on 0171 894 6180. Partner Brendan McCarthy said: “The […]

News for Reuters man

Reuters general counsel and company secretary Simon Yencken has moved into an executive role at the multinational media group, becoming executive director and chief operating officer of a Reuters Silicon Valley software subsidiary TIBCO Finance Technology. The subsidiary, based in Palo Alto, California, provides software to finance companies. He is being replaced later this month […]

Punder pioneers management trio

Frankfurt-based Punder Volhard Weber & Axster is to be the first German firm to introduce a full-time executive management. Punder, with the largest Frankfurt office of the German firms, says it has experienced “size-related management problems”. As a result, the firm is abolishing its existing unwieldy partners’ council, comprising three managing partners, the head of […]

lawyers at play

Recently sculpture fan Kirk Murdoch took time off from managing his firm, McGrigor Donald, to visit Glasgow School of Art’s Degree Show. His firm sponsors the private viewing of the show whose highlights include a sculpture of headless chickens by Kirsty Rae Glen, which Murdoch himself particularly warmed to.

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