White & Case hires McKinsey for global review

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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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Last week 150 sixth-formers congregated at the University of Warwick to attend the first-ever Pathways to Law National ­Conference. It marked the end of a 12-month programme of events, run by ­education charity the ­Sutton Trust and the College of Law, to encourage non-­privileged students to study law at ­university. Lawyer 2B, The Lawyer’s ­student […]

Cadwalader redundancies: Round two

The news that Cadwalader Wickersham & Taft is laying off an unprecedented number of lawyers – 96 – has left lawyers across Manhattan shell-shocked. Any lingering hopes that the worst effects of the credit crunch had passed for law firms were neatly skewered by Cadwalader’s announcement yesterday (Wednesday 30 July). The firm’s most recent “right-sizing” […]

Clydes switches to merit-based pay

Clyde & Co has shaken up its pure lockstep to a three-gated remuneration ­structure based on merit. The ;firm’s ;previous ­system began with 46 ­profit-sharing units and ended with 100, supplemented by a 5 per cent performance-related element. The new system, however, sees ­partners move through gates every three years, reaching plateau within 10 years. […]

Insure hands: Sean McGovern, Lloyd’s of ­London

After being made up to head of legal while still in his twenties, Lloyd’s of London general counsel Sean McGovern has exceeded the insurance giant’s expectations. When Sean McGovern joined the legal ­practice at Lloyd’s of London in 1996 he was just 26. In 2000 he was promoted to head of legal and in 2003 […]

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Cohen milstein mulls equitable life action

Class action firm Cohen ­Milstein Hausfeld & Toll is considering launching legal ­proceedings on behalf of a ­million Equitable Life policyholders after the parliamentary ombudsman Ann Abraham urged the Government to ­compensate them for losses incurred after Equitable almost collapsed eight years ago. Cohen Milstein’s decision to pursue the case comes after the Treasury launched […]

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