UK law firms emerge as private equity frontrunners with £1.2bn fee windfall

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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Simpson Thacher’s client care lesson: dedication, that’s what you need

There’s more to Simpson Thacher than just KKR and Blackstone – but not much The name Simpson Thacher & Bartlett is synonymous with two private equity giants: Kohlberg Kravis Roberts (KKR) and Blackstone Group. And perhaps the most astonishing thing is how Simpson Thacher has managed to keep these two happy at the same time. […]

Fountain Court raids Old Sq for clerk director

Litigation and banking set Fountain Court has poached Old Square Chambers senior clerk John Taylor for the newly created role of director of clerking. His appointment comes just weeks after Fountain Court’s joint senior clerk Michael Couling defected to 11 Stone Buildings to become its first chambers director (The Lawyer, 3 December 2007). Taylor, who […]

DZP reworks management to prepare for next generation

Poland’s largest independent firm Domanski Zakrzewski Palinka (DZP) has overhauled its management structure and promoted seven partners as part of a new succession plan. DZP has created an elected management committee of four partners, giving more people a say in the business and to manage the shift in leadership from the founding partners to the […]

Media lobbies Govt to introduce libel cap

Twenty two media groups have joined forces to lobby the Government for a cap on the exponential costs in libel cases. The body, including organisations such as Associated Newspapers and the BBC, submitted recommendations to the Ministry of Justice (MoJ) in response to the Government’s consultation on conditional fee arrangements (CFAs) in publication proceedings. Reynolds […]

Contenders pledge ‘no dirty tricks’ in battle to lead A&O

The four candidates who are competing in February to lead Allen & Overy (A&O) have promised a clean fight. The managing partner and senior partner roles are the prizes up for grabs and the contenders have made a gentlemen’s agreement that there should be no dirty tricks. One explained: “The four of us are all […]

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