- Capital & Counties is working up plans for a landmark redevelopment of Clapham Junction station as part of its joint venture with Network Rail, its managing director Gary Yardley has revealed to Property Week.
- LPO provider Exigent has launched a new tool that it claims combines the power of machine-learning and lawyers’ brains to speed up the processing of contracts by in-house legal teams.
The new tool, which is designed to cut corporate legal costs, has been produced by Exigent in combination with Chicago-based technology firm LexPredict. It also uses Exigent’s contract management tool, Chameleon, and is supported by lawyers and analysts trained in machine learning and natural language p
- Addleshaw Goddard has lost its fifth disputes partner since the start of 2016, with Clarissa Coleman moving to K&L Gates.
Her exit follows Kambiz Larizadeh’s departure from Addleshaws’ litigation group in December to join Akin Gump.
Clarissa ColemanOther litigation exits from Addleshaws include Mark Pring who moved to Reed Smith in July and Sonia Campbell who moved to Mishcon de Reya in February.
Addleshaws has recruited two disputes lawyers in London in the last 12 months &ndash
- Stephenson Harwood, a UK 200 law firm with nine offices across Asia, Europe and the Middle East, has chosen Aderant Expert for its practice management solution. The firm needed to be sure it selected a product that would enable it to improve efficiency across the whole firm, and not just within the finance department.
Stephenson Harwood underwent a thorough evaluation process. The firm sought a system that not only allowed it to produce financial data, but also one that allowed the back off
- No5 Chambers barrister Michelle Heeley represented the prosecution of a man who wanted to ‘defend the UK from an attack by Isis’ in a trial at Nottingham Crown Court.
Roger Smith, 46, stockpiled gunpowder, crossbows, knives and chemicals at his home as well as having a bomb-making ‘cookbook’.
Smith, of Summerwood Lane, Nottingham, denies various charges under the Explosive Substances Act and Terrorism Act.
Miss Heeley told the jury that Smith was not simply an enthu
- With an increase in regulatory compliance, innovation in technology has become increasingly prevalent throughout the professional and financial services. With the birth of Regtech, we ask, what is it, and how can it be effectively utilised by firms across sectors?
Wed, Feb 15, 2017 2:00 PM – 3:00 PM GMT
https://attendee.gotowebinar.com/register/5628105733410532866The post Webinar: is Regtech the new Fintech? appeared first on The Lawyer | Legal News and Jobs | Advancing the bu
- Walker Morris’ Competition partner, barrister Trudy Feaster-Gee, has been invited to speak about competition law risks in the mortgage sector at the Council of Mortgage Lenders conference on Tuesday 7 February in Leeds.
The conference, entitled ‘Mortgage regulation: Conduct yourself well’, will consider the latest topics arising in mortgage regulation as well as explore successful strategies for integrating regulation into lending processes including updates on the latest Finan
- Seventeen law firms have been named in Stonewall’s list of top 100 employers for LGBT staff.Pinsent Masons ranked second in the list, beaten only by Lloyds Banking Group in top spot.
Four other law firms made the top ten in the rankings – Clifford Chance in fourth, Baker McKenzie in seventh, Berwin Leighton Paisner in eight and Norton Rose Fulbright in tenth.
Berwin Leighton Paisner was also the highest new entry in the list.
The other firms included are Dentons, Hogan Love
- Surveyors body Rics says market stuttered at end of 2016, with sharp fall in number expecting sales to rise in coming monthsBritain’s housing market cooled in December as sales activity fell and estate agents were less optimistic about prospects in the coming months.The Royal Institution of Chartered Surveyors said the market “stuttered” at the end of 2016 and had gotten off to a slow start in 2017.Related: UK house price average surges by £4,000 in DecemberContinue readi
- London & Regional Properties is set to splash out £600m on two of the largest hotels in the UK - the Hilton Metropoles in London and Birmingham.
- Kennedys senior partner Nick Thomas has been re-elected to serve his fifth term as senior partner after an uncontested election.
The partner vote, which was held this month, is understood to have closed on Tuesday (17 January). His new term starts in February 2017 and will run for four years.
Thomas, who was first elected senior partner in 1996 and whose last re-election was in 2012, is perceived to be a central driving force of the firm’s international growth strategy.
- LOCATION, LOCATION, LOCATION, was in the south of England searching for homes this week - but Kirstie Allsopp was less than impressed with fellow presenter Phil Spencer when he announced the wrong asking price for a house in front of the perspective buyers.
- The inauguration of president elect Donald Trump is a topic that reaches pretty much every aspect of life, something that is apparent in this comment from one Washington legal market specialist: “I was talking to my therapist last Friday and she told me that every one of her patients was obsessing with Trump. Nothing is in equilibrium. It’s like Brexit, you simply cannot think of anything else.”
In a week of jam-packed activity when everyone is trying hard to keep up with event
- Olswang Paris managing partner and corporate head Guillaume Kessler has joined Orrick Herrington & Sutcliffe.
His exit comes less than three months before Olswang merges with CMS Cameron McKenna and Nabarro in May.
The Lawyer revealed in December that Olswang’s Paris office had been shut out of the merger negotiations and was expected to disband.
Kessler took on the office head job in February 2015 after his predecessor Stephan Alamowitch quit Olswang with a team of lawyers t
- Private equity giant Blackstone is planning an assault on the European urban logistics sector after acquiring a portfolio of French assets managed by M7 Real Estate.
- Berwin Leighton Paisner (BLP) secured a 50 per cent interest in Australian legal resourcing business Advent Balance for £6.25m, its LLPs have revealed.
The business will be combined with the group’s existing legal resourcing services Lawyers on Demand (LOD), which will be combined with Advent under a new holding company LOD Global. BLP will continue to hold a 64 per cent equity interest in the company.
The LLPs also revealed that BLP recorded a 2 per cent dec
- Almost three-quarters of international retailers are being put off opening stores in the UK because of high business rates, claims a new report.
- Five more firms have confirmed that they will be taking on King & Wood Mallesons (KWM) trainees as it finally enters administration.
Magic circle giant Freshfields Bruckhaus Deringer has confirmed three KWM trainees will join the firm, one from the August 2015 intake, one from the February 2016 intake and one from the August 2016 intake. It is also taking on a member of KWM’s business services team as a consultant.
Baker McKenzie will take on three trainees, having
- Bericote Properties has secured planning permission for its £150m logistics development in the North West.
- King & Wood Mallesons’ new European partnership – which consists of 32 partners – has been invited to a partner conference in China in February where they will be told about the new strategy for the global firm following the LLP going into administration this week.
The news comes as KWM Shanghai M&A partner Mark Schaub has become the first Chinese partner to speak out about the European administration.
Speaking to The Lawyer he said: “We’ve reached out to cl
- The Channel Islands Student Business Challenge is supporting 70 teams of students from seven schools in Jersey and Guernsey to start up and run their own businesses with an initial investment of £100 per team. The Challenge, run by Barclays, EY, Ogier and Sure kicked off with launch events for the participating students on Tuesday 10 January at the Hotel de France in Jersey and Thursday 12 January at the St Pierre Park in Guernsey.The post 70 businesses launched through Channel Island
- Ogier has strengthened its Luxembourg investment fund team with the appointment of Anne-Gaëlle Delabye as a managing associate.
Anne-Gaëlle focuses on investment funds and regulatory work, with a particular specialism in the regulated investment funds sector.
She previously worked as Head of Regulatory and Investment Management at the Luxembourg office of a French firm.The post Ogier strengthens investment funds team in Luxembourg appeared first on The Lawyer | Legal News and Jobs | Ad
- Following the completion of its BVI merger, Collas Crill has made six promotions across the firm.
Simon Heggs, Nin Ritchie and Anna Douglass have been promoted to Senior Associate in Guernsey and Alex Jeffery has been promoted to Associate in Jersey.
In the firm’s business services teams, Jessica Hobbs has been promoted to Marketing and Digital Manager and Ollie Le Prevost has been promoted to IT Support Analyst.The post Promotions at Collas Cri
- In the very first judgment of the Court of Appeal (Criminal Division) this year ( EWCA Crim 1), Lord Justice Burnett, Mr Justice Wyn Williams and Mr Justice Supperstone have allowed an appeal against two concurrent life sentences imposed upon the appellant Y.
Mr Rule was instructed solely for the appeal.
The Court of Appeal accepted that the court below had been wrong in its interpretation of the amended dangerousness provisions of the Criminal Justice Act 2003, and that sentence should pr
- Shoosmiths’ corporate team has advised Cambridge-based speech technology company, Speechmatics, on investments received from a range of investors to accelerate the commercial roll-out of its speech recognition products.
Founded by chief technology officer Tony Robinson, the firm received investment from several sources, including technology venture capitalist IQ Capital; AI/machine learning specialist and technology investors Amadeus Capital Partners; and a number of technology invest
- LK Shields acted for Bank of Ireland Kernel Capital Growth Fund and Infinity Capital who led a €3m investment in Corlytics, a Dublin-based leader in regulatory risk intelligence.
This investment of €1.65m by Kernel brings its total investment in Corlytics to €1.9m. The investment also included €750k from Infinity Capital and €500k from private investors.
The post Bank of Ireland Kernel Capital Growth Fund leads €3m investment in Corlytics appeared first o
- Ambassador James B Warlick has joined Egorov Puginsky Afanasiev & Partners’ team in Washington DC starting from January 17, 2017 as a non-lawyer Partner and Senior Policy Adviser. He will be responsible for working with US and international clients, development of strategic client relationships, legislation and public policy.
Warlick worked for the US Department of State for more than 30 years. He is one of the most respected senior diplomats, with decades of experience.
He is a g
- Carey Olsen senior associate and dispute resolution specialist, Tim Bamford, has been called to the Guernsey Bar.
Advocate Bamford has successfully completed the Guernsey Bar exams and the Certificat d’Études Juridiques Françaises et Normandes at the University of Caen, which are the legal requirements to qualify as a Guernsey Advocate.
The post Carey Olsen senior associate called to Guernsey Bar appeared first on The Lawyer | Legal News and Jobs | Advancing the business of l
- AmLaw 200 firm Brown Rudnick has engaged Aderant Expert as its premier back-office technology solution. Brown Rudnick will contract Aderant to handle everything from global financial management, billing and workflow, to business analytics and intelligent matter budgeting.
Headquartered in Boston, and with more than 240 attorneys across eight offices in North America and Europe, Brown Rudnick relies on analytics and technology to effectively manage a global workflow.
After conducting an intensive
- For the third year in a row, Maravela & Asociații has been shortlisted by a reputed jury appointed by The Lawyer European Awards 2017 for the Law firm of the Year: Romania award.
Now in their eighth year, The Lawyer European Awards were the first initiative of their kind to reward and celebrate excellence across the European legal market. This year the awards recognise strategic vision, particularly focusing on cross-border initiatives, robust partnership culture, strong financial perfo
- Goodwin Procter has doubled its London office space after a series of hires from King & Wood Mallesons (KWM) and Shearman & Sterling.
The firm, which launched in the City in 2011, has moved from its former Tower 42 home to new space at 100 Cheapside. It will occupy 40,000sq ft across four floors, more than doubling the size of its office space.
100 Cheapside has a number of other tenants, including FTSE 100 company Ashtead, Elizirr Partners and Nespresso.
Since launching in London nearly
- We are pleased to announce our new KYC software – Encompass Verify for legal and accountancy, and Encompass Confirm for banking and finance.
Along with our current information gathering, multi-search and visualisation toolset these new platforms introduce four new toolsets which have been designed and developed to assist users with the key processes of KYC within banking, finance, legal and accountancy.
See below for more:
January 2017 Product UpdateThe post KYC produc
- Real Estate Investors (LON:RLE) New Price Targets
UK Market News
Recently stock market broker analysts have updated their ratings and price targets on shares of Real Estate Investors (LON:RLE). The latest broker reports which are currently outstanding on Wednesday 18th of January note 1 analyst has a rating of ...en meer »
- Oxford Properties and Brockton Capital have completed the first major pre-let at The Post Building, with McKinsey & Company committing to 100,000 sq ft.
- A cadre of general counsel from the UK’s leading FTSE 100 companies have grouped together to create a “business network” that will promote the rule of law in corporate transactions.
The legal chiefs of BP, BT, Diageo and HSBC are leading the think tank, which will be chaired by former BG Group general counsel Graham Vinter.
The lawyers will identify and address specific challenges for both in-house and private practice lawyers and establish rule of law training f
- The Pension Protection Fund (PPF) was set up in 2005 to protect employee retirement savings when employers go bust. When the worst happens the PPF takes over the running of the pension fund but for the past 11 years most assets have been managed externally. Now, the organisation has embarked on a three-year task of bringing back a large number of these assets to be managed in-house.
As this happens head of legal, compliance and ethics Dana Grey is ensuring the PPF meets its regulatory requiremen
- The property industry has expressed concerns about skills shortages and a fall in office occupier demand, in response to Theresa May’s ‘Brexit speech’ in which she revealed that the UK will leave the single market.
- DLA Piper has hired former Ashurst project manager Adam Hembury as director of innovation in EMEA and Asia Pacific.
Hembury has been given the wide task of working on developing and sharing best practices across the firm.
According to DLA, in his new role he will also help initiate “genuine innovation and continuous improvement, and enhance the firm’s ability to take ideas and develop them into tangible outcomes that add value and create profit”. The firm said that Hembury
- AN EXTRA £14,000 was added to house values last year and mortgage lending rose in further evidence of the ‘resilience’ of the UK’s property market, experts said.
- Simmons & Simmons has hired Allen & Overy (A&O) capital markets partner Jonathan Mellor, who leaves the magic circle firm after more than 30 years.
Mellor advises underwriters and issues on capital markets issuances, focusing on complex debt capital market transactions. Recent work includes advising the arrangers on the issue by Inmarsat of $650m convertible bonds, issues by BP, Vodafone and National Grid, and the issue by Vodafone of convertible bonds. Other clients include Airbus,
- King & Wood Mallesons LLP will finally file for administration today, The Lawyer has learned.
All of the firm’s remaining assets and control of the business will now transfer to Quantuma administrator Andrew Hosking.
Hosking has appointed a number of advisers to the administration process which have been approved by KWM lender Barclays. The advisers are CMS Cameron McKenna partner Rita Lowe, who famously advised on the Dewey & LaBoeuf administration, Pinsent Masons partner Ste
- Update: King & Wood Mallesons LLP has finally filed for administration, appointing joint administrators Andrew Hosking and Sean Bucknall at the High Court today.
Separately King & Wood Mallesons EUME Services, which holds the employees, has gone into administration too. The joint administrators are Hosking, Bucknall, Simon Bonney and Carl Jackson.
Hosking said: “We are examining the position closely and exploring ways forward with a view to achieving the best possible re
- Allen & Overy (A&O) has boosted its US base with the hire of Cadwalader Wickersham & Taft partners Gregory Mocek and Anthony Mansfield in Washington DC.
Mocek and Mansfield will join A&O’s US investigations and litigation practice, and will continue to focus their practice on the energy sector.
Mocek was at Cadwalader for six years, having joined from McDermott Will & Emery, where he worked for two years. Prior to that, Mocek was a director of enforcement at the US Comm
- Permission In Principle – Draft Regulations Published
Mondaq News Alerts (registration)
The Housing and Planning Act 2016 (Permission in Principle etc.) (Miscellaneous Amendments) (England) Regulations 2017 have now been produced in draft and laid before Parliament. The draft Regulations are scant. Tweaks are to be made to the ...
- HOUSE prices were £14,000 higher on average in November than a year earlier, according to official figures.
- Care provider HC-One has completed the acquisition of Helen McArdle, the largest independent care home operator in the North East of England.
- Shoosmiths has advised the management team of global tech specialists Phlexglobal on a significant investment by Vitruvian Partners.
Phlexglobal are specialists in the provision of electronic Trial Master File (eTMF) systems and services to the life sciences industry. The transaction establishes Vitruvian as majority shareholder of Phlexglobal while the previous majority investor Bridgepoint Development Capital (‘BDC’) will exit the company.
The Shoosmiths team was led by corporate p
- Schoenherr has promoted restructuring law expert Miriam Simsa to contract partner.
Miriam Simsa specialises in insolvency law with a focus on out-of-court restructurings and other restructuring-driven transactions. She regularly represents financial institutions and debtors in restructurings and pre-insolvency transactions. She also represents creditors in insolvency proceedings.
Recent transactions include advising a consortium of 40 creditors in connection with the restructuring and wind-up of
- Roland Böhi’s practice focuses on all aspects of tax law. His long-standing expertise includes M&A, private equity, corporate financing, real estate, national and cross-border corporate tax advice and tax planning for private clients (incl. family offices). He advises a broad range of corporate clients from various industry sectors as well as private clients. A further area of focus is corporate and commercial law.The post Dr Roland Böhi joins Prager Dreifuss as partner appea
- Twelve Ogier lawyers have been recognised in the Citywealth Leaders List that marks the top advisers in the global private wealth and trust sector.
The list recognises lawyers from Ogier’s Cayman, Guernsey, Jersey and Hong Kong teams.
Global Managing Partner Edward Mackereth, named as one of the top 10 contentious trusts lawyers for the UK and Crown Dependencies, is described as having a unique ability to “provide sound practical advice that ranges from the simple, to the most c
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