Rule of Law: Chinese lawyers continue human rights fight in face of tyranny

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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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Orrick eggs on bird flu awareness

Orrick Herrington & Sutcliffe has come over all socially responsible and has launched an avian flu legal and communications management support service to help ease the minds of concerned clients. The service, run in conjunction with communications consultancy Publicis Consultants, claims to “assist North American, European and Asian companies in strengthening their ability to respond […]

Magic circle’s New York travails

It has been swings and roundabouts within the magic circle firms in the Big Apple over the past month. While Allen & Overy (A&O) and Clifford Chance reasserted their presences with more lateral hires, Linklaters suffered its first group defection. Linklaters’ loss of three lawyers in its New York office, including that of US head of corporate Mark […]

Firms fail to meet DCA diversity deadline

Less than a fifth of the top 100 law firms have complied with Department for Constitutional Affairs (DCA) demands that they publish diversity data on their websites. Most non-compliant firms interviewed by The Lawyer said they are preparing to make their data available, but Taylor Wessing director of HR Jonathan Croucher reflected the thoughts of […]

HBJ Gateley Wareing merger bears fruit

HBJ Gateley Wareing has posted a record turnover of £31m on the back of its Anglo-Scottish merger at the beginning of the year. The newly merged firm has recorded a sky-high 81 per cent increase on Gateley Wareing’s turnover of £17.1m last year. Comparing like-for-like, Gateley Wareing recorded a 15 per cent increase, contributing £19.7m […]

Lovells posts huge increase in profit

Lovells has bounced back from its woeful 2004-05 financial results after reporting a whopping 40 per cent leap in profit. According to Lovells’ preliminary financial results for 2005-06, the top of equity has jumped by 40 per cent, from £502,000 to £700,000, on the back of an extreme cost-cutting programme and changes to the lockstep. The results […]

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