Real estate and infrastructure

Dentons

Dentons overhauls real estate group with City pay cuts

Dentons has restructured its London real estate team, with around 20 lawyers now working remotely at between 65 to 90 per cent of City pay. The restructuring affects Dentons’ core City real estate team, which is made up of 12 partners. Eight partners and over 10 associates within the firm’s real estate practice will now […]

house

A2 Dominion appoints seven firms to inaugural panel

Housing developer A2Dominion has assembled its first legal panel with seven firms scoring a place. The panel is divided into seven lots made up of: corporate governance; housing management; general property; development reconstruction and regeneration; treasury and finance; employment; procurement, data protection, health and safety. Devonshires has been appointed to all seven lots, Capsticks to […]

WFW ventures into Sydney as Withers exits

Watson Farley & Williams has opened an office in Sydney on the back of a team hire from Withers’ Sydney and Singapore offices. WFW has expanded its global footprint by opening an office in Sydney, its first base in Australia. The new office will be headed by corporate partner Robert Williams, who was previously Withers’ […]

exit

Taylor Wessing recruits from Greenberg in second team hire of 2021

Taylor Wessing has brought in a real estate team from Greenberg Traurig, just months after the arrival of an 11-strong private wealth group from Bryan Cave Leighton Paisner. In March, the firm will beef up the structured component of its real estate sector group with the hire of a four-lawyer team led by partner Michael […]

MoFo nabs Jones Day real estate finance partner

Morrison & Foerster (MoFo) has started 2021 with a new lateral hire in its London office, this time bringing in a partner from Jones Day. The US firm’s London outpost will see the arrival of Ed Borrini, who has been a partner at the rival firm for more than 15 years, as well as associate […]

Analysis

Roundtable: The future-proof legal department with Wolters Kluwer

It was a fitting setting as delegates gathered in the now-commonplace environment of Microsoft Teams to discuss the use of technology and the value it brings to in-house legal departments. Video-conferencing was one of the early novelties of the pandemic-era, as professionals everywhere abandoned face-to-face meetings and shifted online. Despite its drawbacks, video-conferencing is now […]

Public M&A rankings: UK firms go missing in action

A number of success stories come to light in the public M&A rankings for Q1, with firms that have been busy investing being rewarded for their labours. But the magic circle are mysteriously absent, for now. The first few months of 2021 have seen over 8,900 transactions preliminarily agreed globally, according to Refinitiv data, the […]

Amazon

Cooley’s problem with Amazon

Last month, Cooley unveiled its first revenue dip since it opened in the City in 2015. Behind that lies a major tussle over firm strategy – and in particular, its relationship with one of the most powerful companies in the world.

Century City

After O’Melveny came Akin: How A&O’s LA plans shifted

“Now we have a presence in LA, it expands our opportunities,” says Allen & Overy’s US senior partner Tim House in reflection of the firm’s bold hire of Akin Gump’s West Coast project finance team last week. The magic circle firm has established itself in LA through the hire of six partners and 13 lawyers […]

The Working Parents Survey results: Career prospects

Part 1 of the survey results can be accessed here While it would be wrong to suggest that everyone’s career aspirations have shifted during the pandemic, it is clear that many people are re-thinking what is possible. Many parents mentioned that Covid has given them an epiphany and in the future they will value work-life […]

The Working Parents Survey results: How you’re coping

The Lawyer’s Working Parents survey ran in February, and as we suspected it might, garnered a huge response from frustrated parents at the end of their tether during this pandemic. Part One deals with how parents are coping and organisations’ responses; part two focuses on career aspirations and prospects. We received more than 1,200 responses, […]

Featured Briefings

End of consultation on the abolition of ASTs – response awaited

By David Perry The recent Government consultation on ending no fault terminations of residential tenancies, which will effectively abolish assured shorthold tenancies, came to a close on 12 October. Many people will be looking to see what, if anything, results from that process. As a generational change in residential letting, many stakeholder groups are likely […]

NPPF: changes to national planning policy on minerals

By Fergus Charlton On 24 July, the government released the long-anticipated revised National Planning Policy Framework (NPPF). Setting the emphasis on building new homes, Secretary of State for Communities, the Rt Hon James Brokenshire MP said: “Fundamental to building the homes our country needs is ensuring that our planning system is fit for the future.” […]

Breaking the chain: Why do Jersey property transactions fall apart

Much focus has been given of late to gazumping and the potential pitfalls of the Jersey conveyancing process. Thankfully in practice the vast majority of transactions do eventually make it across the line and in most cases, completion occurs within the allocated window agreed through the estate agent at the outset. Gazumping, while a genuine […]

Housing white paper – ‘unprecedented steps’

By Hugh Richards The Government has published its Housing White Paper “Fixing Our Broken Housing Market”. It will be recalled that in his speech to the party conference in October 2016, the Secretary of State, Sajid Javid, called for “unprecedented steps” to increase the delivery of new homes – his “number one priority” and a […]

LMA publishes template broker letter

The LMA has recently announced the publication of its own form of insurance broker letter for use on real estate finance investment transactions. Broker letters are used to provide comfort to lenders that the obligors are complying with their insurance obligations under the loan agreement, and that the lender (or agent, on syndicated transactions) will be made aware of any issues that arise with […]

Be careful with NHBC cover – you could be on the hook for longer than you think

By Nigel Lewis In our latest alert, we review the judgment in Larkfleet Ltd v Allison Homes Eastern Ltd which highlights the potentially significant liability implications arising from National House Building Council (NHBC) cover for contractors involved in residential developments. You may be on the hook in terms of possible liability for a lot longer […]