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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

Charles Russell Speechlys—Gustina Singgih

Charles Russell Speechlys—Gustina Singgih

Corporate team in London welcomes new partner

Church Court Chambers—Maria Karaiskos KC

Church Court Chambers—Maria Karaiskos KC

Historic appointment of chambers' first female head

Wright Hassall—five promotions

Wright Hassall—five promotions

Firm announces five promotions, including new partner

NEWS
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
Writing in NLJ this week, Victoria Rylatt and Robyn Laye of Anthony Gold Solicitors examine recent international relocation cases where allegations of domestic abuse shaped outcomes
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
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