Shareholder activism – new tactics, new players and a change in tone

Legal Briefing

Shareholder activism continues to grow in the UK as it does globally, both in terms of capital deployed and the publicity it attracts. While shareholder activism is not a new concept in the UK, the type of investors involved in activist campaigns, the companies that they are targeting, the tools that activists are using and …

Commitment issues

Commitment. Marriage. Honeymoon. Divorce. Conversations about single-supplier legal advisory mandates are rife with relationship-strewn analogies. While no two arrangements are the same, most begin with a commitment from a company and its in-house legal team to reduce external legal spend and get a better handle on its multitude of legal connections.

Big deals

The global M&A market is booming. Bill Mordan, general counsel at FTSE 100 drug-maker Shire, would know. Shire’s board recently recommended a £46bn takeover offer from rival Japanese pharma giant Takeda.

The justice brand

Alex Novarese, The In-House Lawyer: Will the UK legal system be more or less trusted post Brexit? Andy_Tyler_Photography_Legal_Business_Roundtable_08.02Abhijit Mukhopadhyay, Hinduja Group: As a business, we trust English law and the English courts. Whenever we do business in any part of the world, unless it is in the US, we always go for English law. So …

Winds of change

Uncertainty seems to be the only thing lawyers working in Europe’s aviation sector can count on these days. The recent collapse of two established major European airlines demonstrated the volatility facing many sections of the industry, with UK-headquartered Monarch Airlines and Air Berlin becoming the latest casualties of turbulence. ‘Airlines are no longer seen as …

Riding Schumpeter’s Gale

Storyteller. Ninja. Scrum Master. Brand Champion. Evangelist. The modern commercial world has created many new genres of work, but sometimes it’s hard to know what they mean. As the London School of Economics’ headline-grabbing anthropologist David Graeber once wrote, ‘It’s as if someone were out there making up pointless jobs just for the sake of …

Virtual fear and loathing

Clichés abound over the stereotypical contrast between stuffy lawyers and progressive tech start-up gurus. Clearly law firms – whose liberal and often misplaced use of the term ‘innovation’ often adds fuel to the fire – have plenty of work to do. At the same time, some clients are far more insistent on innovation from their …

Herbert Smith Freehills on class actions | Herbert Smith Freehills

Legal Briefing

Class actions represent a growing area of risk for UK corporates, with increasing numbers of high-profile and high-value group claims being brought, or threatened to be brought, in the English courts. The principal mechanism used to litigate these claims differs from the ‘opt-out’ class action familiar from the US, where claimants who fall within a …

Start-up snapshots

The In-House Lawyer profiles some of the start-ups bringing a fresh perspective to the legal tech industry     Daniel van Binsbergen, Lexoo, LB282, May 2018 Daniel van Binsbergen, Lexoo Apperio Founded: 2012 (as Legal Tender) Team size: 17 Investment raised: £3.4m Leaders: Chief executive Nicholas d’Adhemar Key clients: Dentons, Network Rail, Deliveroo, Octopus Investments …

The colour of money

Pressure for business to ‘go green’ has been building steadily for 20 years. What started as a minority concern has steadily moved up the corporate agenda, as governments impose incentives and penalties to support green policies, while an increasingly informed consumer base votes with their wallets.