The sweet smell of distress sees vulture funds eye Sainsbury’s

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Latest Briefings

Video: How to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes Women represent 50% of the working population and are as much or more educated and qualified as men are. However, the problem of gender diversity (or lack of it), especially in top positions in organisations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

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Firm profile: Margaret Bennett Solicitors

Margaret Bennett Solicitors can lay claim to being something of an anomaly. In fact, all the lawyers at the family law specialist are women. The London firm has gone from strength to strength since it was founded in 1990 by Margaret Bennett, the eponymous senior partner and sole member of the equity. After leaving the […]

Shearman unveils new global management team

Shearman & Sterling has unveiled its new global management team with German partner Georg Thoma and New York-based John Madden appointed co-managing partners of the firm. Corporate partner Thoma established Shearman & Sterling’s German operation in 1991 and served as European managing partner from 1994 to 2000. He will continue in his role as managing […]

British Energy legal fees to hit £60m

Legal fees for the mammoth British Energy restructuring are about to overtake the payout to law firms on Marconi. Advisory fees to law firms on the Marconi restructuring totalled around £56m, of which £31m went to Allen & Overy. It is understood that costs on British Energy, which are particularly controversial as they are footed […]

Lovells accused of ‘drafting witness statements’ as Villalba draws to close

Counsel for Stephanie Villalba, the former investment banker suing Merrill Lynch in a record £7.5m discrimination claim, last week made a closing statement alleging the bank’s law firm Lovells had “centrally drafted” witness statements. Dinah Rose of Blackstone Chambers, instructed by Lewis Silkin, told the employment tribunal in Croydon that there was “strong evidence” that […]

Doing things by half

Masons, in the run-up to its incomprehensible merger with Pinsents, continues to show admirable precision in its press releases. In a tome that reached Lawyer Towers last week, the firm announced the hire of Yvonne Dunn. The former Wright Johnston & Mackenzie partner joined the firm’s (that’s Masons’) Glasgow office as its first appointment since […]

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