Weightmans promotes first non-lawyer partner after gaining ABS licence

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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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New breed

A number of law firm leaders have been newly elected recently: Freshfields, Clifford Chance, Travers Smith and Herbies  to name just a few. How big is the scale of their task? Patient to succeed Lilley as Travers’ managing partner in January 2015 David Aitman: Freshfields’ fresh face Incoming CC managing partner vows to slim management […]

Tim Bratton

Advise, don’t execute

LOD’s Tim Bratton puts the case for GCs as the biggest influencers of the future of the law. Take note if you want to be inside the tent We regularly read that the legal profession is on the edge of revolution.  We are told that in one corner stand the revolutionists (Reinvent Law London is […]

No5 Chambers teams complete Midland & London Legal Walks for charity

No5 Chambers has raised £965 after entering teams in the Midland & London Legal Walks, which took place on 19 May. So far a total of £360 has been raised for the Midland team and £605 for the London team. Barristers and staff took part in both 10km walks to raise funds for the Midland Legal […]

London
13

Kirkland & Ellis raids Weil for banking star Stephen Lucas

Weil Gotshal & Manges banking chief Stephen Lucas is leaving the firm after three years for Kirkland & Ellis. Lucas joined Weil in 2011 from Linklaters, having also spent a number of years at Clifford Chance. He has strong links with Goldman Sachs and Citigroup, and as a junior lawyer spent time on secondment at […]

Seoul
2

Taylor Wessing adds Korean firm to Asia network

Taylor Wessing has formed an association with South Korean firm DR & AJU, becoming the latest UK firm to make a move into the jurisdiction. The association will give Taylor Wessing access to over 100 lawyers in Korea. DR & AJU is a full-service firm established in 1994 with 120 lawyers including 18 partners. It […]

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