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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 […]

Recommended

Using lawyers to sell your firm

In law firms lawyers are the prime revenue-generating asset. As such, using them in non-fee-earning roles when there are more effective and cheaper alternatives makes little commercial sense. Yet while the past two decades have seen the increased recruitment of professionals to run and manage firms and their core functions, sales has been left to […]

Rothschilds scoops Speechly partner to head trust business

Rothschild Private Banking and Trust has appointed former Speechly Bircham partner Andrew Penney as a managing director and head of the trust business’s London office. This marks a return to the company for Penney, who spent six years at Rothschild Trust before joining Speechly Bircham in 2001. Penney, who worked in Speechly Bircham’s private client […]

Epp V Pep

It was a breakthrough year for the top firms inthe UK, with the global elite (Allen & Overy(A&O), Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters) each posting a PEP in excess of £1m in the same year for the first time. But is that a true and accurate figure? The answer is ‘yes’, if you […]

Mayer Brown lures CC Brazil chief for Sao Paulo launch

Mayer Brown is to expand its presence in the Latin American region with the addition of an office in the Brazilian city of São Paulo. The US firm has poached Clifford Chance partner Stephen Hood to head the new office. Hood has been managing partner of the magic circle firm’s São Paulo office since 1999, […]

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Cohabitation laws too expensive, says Haworth & Nutall

Blackburn-based firm Haworth & Nuttall has claimed that changes to cohabitation laws will “fall at the first hurdle” due to extra costs. The firm claims that the recent report by the Law Commission, which calls for couples to have financial protection similar to married couples if they split up, will result in costs that are […]

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