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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 […]

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 under CPR 71 – Court of Appeal

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

The IT guys

With its DIY ethos, the compact SchlumbergerSema in-house legal team has been pivotal in the success of the international IT services company. Caroline Davies investigates Mention Sema to a Lithuanian and you will receive a hearty acknowledgement, as the Panevezys-based business is an alcohol production company, specialising in light alcoholic beverages, technical products and yeast. […]

Orrick appoints new Tokyo chief

Orrick Herrington & Sutcliffe has appointed real estate partner Dennis Martin as head of its Tokyo office He succeeds Michael Bacon who relocated to the firm’s London office last September to become head of international offices.Martin joined Orrick’s Tokyo office in 1999, having been located in Japan since 1997. His practice is focused on property […]

Travers assistants lose up to £3K in wage rejig

Travers Smith Braithwaite has changed its assistant salary bands, reducing them by up to £3,000 in some instances No associates will suffer pay cuts, but when they move up a band they will receive less than previously earned by assistants with the same length of service.Travers partners claim the firm was overpaying in the first […]

Watson Farley turnover passes £50m mark

Asset finance specialist Watson Farley & Williams managed a 6 per cent increase in turnover for 2001/02 Watson Farley’s turnover exceeded £50m for the first time, increasing by £3m to £52m. Fees per fee-earner rose by just over 10 per cent to £285,000, and profits per equity partner increased by 8.5 per cent to £348,000 […]

Arbuthnot leaves Govt for a return to the Bar

James Arbuthnot, once tipped as potential Prime Minister by John Major, has returned to practise at 10 Old Square Arbuthnot, a pensions expert, makes his comeback to the bar after more than a decade in Parliament, where he served as Chief Whip and also masterminded William Hague’s general election campaign in 1997. As a former […]

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