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NLJ this week: Cost-cutting beckons if leasehold law goes ahead

26 April 2024
Issue: 8068 / Categories: Legal News , Property , Leasehold , Landlord&tenant
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Radical leasehold reform is on its way—but will it deliver, for whom, and how will the profession respond?

In this week’s NLJ, Shabnam Ali-Khan, partner at Russell-Cooke, reviews the contents of the Leasehold and Freehold Reform Bill, currently wending its way through Parliament.

Ali-Khan outlines the current state of the law, and sets out the key provisions of the Bill. These set out what costs the landlord can recover, and under what circumstances. She notes that law firms are likely to want to cut their outgoings for this work as a result of the Bill.

The author writes: ‘Proposing such stringent costs measures will have a huge impact on practitioners when acting for landlords. It is not unlikely that many law firms will opt to use artificial intelligence and junior lawyers when acting for landlords in an effort to keep costs down.’ 

MOVERS & SHAKERS

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
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