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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

Dubai launch imminent for HBJ

Anglo-Scots firm HBJ Gateley Wareing is to open an office in Dubai, the firm’s first base outside the UK. Pending Dubai regulatory approval, the new office will open in September and focus on construction and shipping law. The firm intends to build a two-partner, two-associate team within 12 months. Two associates from the UK construction […]

Boots targets five firms in post-merger adviser review

ALLIANCE Boots’ head of legal will kick off a closely watched panel review for the former FTSE100 company now that its £11.1bn buyout has all but completed. Legal affairs head Marco Pagni, who will be a director of the newly privatised company, told The Lawyer that he is looking to formulate a panel of around […]

BP Collins posts 16 per cent turnover hike

BUCKINGHAMSHIRE & Thames Valley firm BP Collins has boosted turnover by 15.9 per cent, from £8.2m to £9.5m, during the last financial year. The firm recruited its first chief operating officer (COO) in January 2006 in the shape of former Tite & Lewis COO Karl Wingfield. The firm amalgamated the roles of financial director and […]

Associates in management: Hear today, here tomorrow

As firms seek to retain talent, associates are increasingly being given a voice Two years ago The Lawyer reported that Allen & Overy (A&O) had an associate attrition rate of nearly 25 per cent. Since then, both within A&O and in the market generally, there has been an obsession with how to hire the best […]

Cravath hikes London cost of living allowance

Cravath Swaine & Moore has raised the cost of its living allowance (Cola) for London office associates from $85,000 (£41,000) to $110,000 (£53,000), The Lawyer can reveal. The 30 per cent hike at the elite firm takes remuneration for the most junior lawyers in Cravath’s City office to potentially in excess of £150,000. Newly qualified […]

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