William Fry moves into London to boost international profile

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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 […]

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Addleshaw Goddard cuts 24 fee-earner roles at end of consultation

Addleshaw Goddard has axed 24 fee-earner positions following its second round of redundancies in just over a year. Managing partner Paul Devitt announced today that the roles have been cut in a bid to “rebalance” the firm’s front-line fee-earner resource. The jobs have gone from across each of the firm’s UK offices in London, Leeds […]

Latham & Watkins relocates London partners to strengthen Singapore offering

Latham & Watkins has relocated corporate partners Rod Brown and Luke Grubb from London to Singapore in a bid to increase its English law capability in South East Asia. Brown is experienced in cross-border, public and private M&A, takeover offers, restructuring and joint ventures. Grubb’s corporate practice has a focus on outsourcing and technology transactions. […]

2

Clifford Chance on standby to advise Barclays on SFO Qatar probe

Barclays is understood to be seeking further advice from Clifford Chance after the SFO launched an investigation into Qatar payments. The regulator, which has the power to set criminal sanctions, is probing fees paid to the sovereign investor Qatar Holding in 2008. The new investigation will run in parallel with the FSA’s similar examination of […]

Baker & McKenzie remains world’s largest firm with $2.3bn turnover

Baker & McKenzie has posted a 2.1 per cent rise in global revenue for the 2011-12 financial year, taking total income to a record $2.3bn. This means Bakers, which has a June year-end, has held on to its crown as the world’s largest law firm by turnover, usurping DLA Piper and Skadden Arps Slate Meagher […]

1

DLA Piper set for Paris expansion with local merger

DLA Piper is preparing to merge with a corporate boutique in Paris in a bid to grow its presence in the French capital. The firm is understood to be in advanced discussions with Frieh Bouhenic, a 26-lawyer boutique established in January last year by ex-Linklaters rainmaker Michel Frieh and Pierre-Alain Bouhenic, formerly of Weil Gotshal […]

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