Press & Media

News, views and comment - RPC in the media.

Law firms failing to pay clients 'fair' interest on monies held may come under regulatory scrutiny

Published on 09 October 2023

SRA requires firms to pay clients ‘fair’ interest on money held on client account Rising interest rates means client accounts are earning substantial sums that law firms may be tempted to keep

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FCA rules could trigger 'marked drop' in finfluencers marketing crypto

Published on 09 October 2023

Regulator clamping down over concerns consumers are being 'influenced into high risk investments without understanding consequences'

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RPC recognised as top-tier firm across seven areas in The Legal 500 UK 2024

Published on 04 October 2023

The Legal 500 UK ranks RPC in seven categories. In total, 135 RPC lawyers were recognised, some in multiple categories.

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Single-use plastic ban is 'only the beginning in the war against plastic'

Published on 02 October 2023

Retailers and brands warned today's 'conscious consumer' will expect them to get behind ban's sentiment or risk harming brand loyalty

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Cybersecurity breaches at financial services firms more than trebles

Published on 25 September 2023

Cybersecurity breaches reported by financial service providers rose from 187 in 2021/22 to 640 in 2022/23 UK pension schemes report the biggest increase, 4,000%, in data breach reports to the ICO

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Whistle-blowing on illegal cartels drops 70% in 5 years

Published on 18 September 2023

Competition and Markets Authority (CMA) recently increased award to £250,000 Calls to the CMA hotline have plummeted from 1,442 in 2017 to 427 in 2022

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RPC adds Partner to its General Liability practice

Published on 18 September 2023

International law firm RPC announced today that Thom Lumley as Partner in its General Liability practice.

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Evolving Corporate practice at RPC welcomes James Channo as Partner

Published on 11 September 2023

International law firm RPC announced today that James Channo joins as Partner in its London Corporate practice.

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Authorities and insurers 'must grapple crumbling concrete crisis to prevent new wave of asbestos-related claims'

Published on 07 September 2023

Degraded condition of RAAC has highlighted continued presence of asbestos in schools and public buildings

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RPC bolsters Hong Kong bench of litigators with the appointment of Ivan Chang as Partner

Published on 04 September 2023

International law firm RPC announced today that Ivan Chang joins as Partner in its Hong Kong Commercial Disputes practice. Already a disputes powerhouse, Ivan's appointment adds to its general dispute resolution and contentious regulatory work.

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Ofcom faces 30,000 cyber attacks a week, new data reveals

Published on 29 August 2023

NCSC warn that UK infrastructure and businesses face heightened threat of cyber attacks

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HMRC paid over £500,000 to whistleblowers in the past year

Published on 21 August 2023

Figure has increased, but is just 1.7% of that paid to informants by the IRS in the US HMRC needs to make reporting system more accessible and payments more transparent to encourage more informants against tax fraudsters

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Value of NFT fraud plummets 82% in UK

Published on 18 August 2023

The value of Non-Fungible Token (NFT) fraud in the UK has dropped 82% over the last year as the collapse in prices and lower trading volumes make these digital assets less attractive to fraudsters, reveals new data from international law firm RPC.

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Wilko becomes 'yet another casualty' of tough economic conditions facing UK retailers

Published on 10 August 2023

'Perfect storm' of rising interest rates, increased energy bills, supply chain issues and squeezed customer spending is hitting retailers hard

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Local authorities install 8,000 new EV chargers in past year – up just 7%

Published on 31 July 2023

Poor investment at a local and governmental level will require private investment to achieve government targets 300,000 new public chargers needed before the end of the decade

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Local authorities install 8,000 new EV chargers in past year – up just 7%

Published on 31 July 2023

In the last year, around 8,000 public Electric Vehicle (EV) chargers were installed by local authorities in the UK, an increase of just 7% from 7,400 in the previous year , shows research by international law firm RPC.

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'Climate change is bringing the potential for new risks not previously accounted for'

Published on 24 July 2023

Following news of wildfires sweeping through Rhodes, Corfu and southern Europe, Partner Lucy Dyson and Partner Toby Savage, both in the international property and casualty team at international law firm RPC, warn of the increasing risk of wildfire in the UK:

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UK retail M&A deals increase 23% in the last year, a five-year high

Published on 24 July 2023

Number of deals rose from 31 in 2021/22 to 38 for 2022/23

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RPC strengthens Singapore corporate practice with the appointment of M&A Partner Kenneth Leong

Published on 17 July 2023

International law firm RPC announced today that experienced M&A lawyer, Kenneth Leong joins the firm as Partner to bolster and lead its corporate team in Singapore, expanding the firm's internationally recognised corporate practice. He joins with a team of Associates.

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RPC announces qualifying trainee retention rate for September 2023

Published on 12 July 2023

International law firm RPC will retain 69 per cent of its UK trainees who are due to qualify in September 2023, after 11 of its original cohort of 16 were offered and accepted positions.

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Cyber extortion jumps 39% in a year

Published on 10 July 2023

3,200 reports made to Action Fraud in 2022, up from 2,300 Social media and email hacking reports increased 8%, from 13,500 to 14,600 Malware, server and phone hacking reports decreased in the same period

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Insolvencies of retail businesses jump 56% in past year to hit decade high

Published on 03 July 2023

The number of retail business insolvencies jumped 56% in the past year, to hit the highest levels in at least a decade - 1,942 in 2022/23, up from 1,243 in 2021/22 shows new research from international law firm RPC.

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RPC advises Ceres on Main Market listing

Published on 26 June 2023

International law firm RPC advised Ceres Power Holdings plc, a global leader in fuel cell and electrochemical technology, on its transfer from AIM to the Premium Segment of the Main Market of the London Stock Exchange.

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New test will 'significantly strengthen SFO's arsenal' against corporate economic crime

Published on 20 June 2023

Amendment to Economic Crime and Corporate Transparency Bill expands scope to include senior managers, not just directors

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Anti-Slapps amendments are 'potentially very significant' for protecting defendants from 'ruinous' claims

Published on 13 June 2023

'Journalists and whistleblowers should not face the prospect of bankruptcy and losing their home for doing their job'

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RPC advises Bizet Media in its acquisition of High Wire Post Production

Published on 12 June 2023

International law firm RPC has advised Bizet Media, the parent company of Milk VFX, in its acquisition of Dublin-based High Wire Post Production.

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RPC reacts to the FCA's tough new rules for marketing cryptoassets

Published on 08 June 2023

New FCA rules mean crypto firms must ensure that people have the appropriate knowledge and experience to invest in crypto. Those promoting crypto must also put in place clear risk warnings and ensure adverts are clear, fair and not misleading.  

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RPC's Snapshots app brings together the latest legal developments…at the touch of a button

Published on 06 June 2023

Students and commercial lawyers alike can access a rich database of updates from the commercial, data, digital, consumer and advertising legal landscape

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67% increase in football “multi-club” M&A deals in the last year

Published on 05 June 2023

48% of the 31 deals targeting European football clubs last year were multi-club deals Model seeks to create efficiencies in financial security and transferring and training players Total deals targeting European football clubs generally increased 35% last year

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RPC launches free go-to platform and online community for accountants and tax advisers

Published on 31 May 2023

Tax Take + features guidance notes on tax-related topics, news, podcasts, webinars, vlogs and interactive chat for industry experts

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Rising 'green office' demand will keep construction sector buoyant as new office developments drop 15%

Published on 30 May 2023

An ever-rising demand for sustainable workplaces will keep the construction sector buoyant as the number of new office development projects in England fell 15% between 2021 and 2022, from 434 to 367, according to research by international law firm RPC.

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Value of UK crypto-fraud reports increases by 41% in the past year, reaching a record £306m

Published on 25 May 2023

FTX collapse caused a surge in the value of fraud reports – November’s £115m loss to fraud amounts to 1/3 of annual figure while Hong Kong embraces cryptocurrency opportunities

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RPC Senior Partner secures second term

Published on 10 May 2023

International firm RPC has reappointed Oliver Bray for a second term as Senior Partner with unanimous support.

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RPC Elects Seven New Partners and Names Two Of Counsel

Published on 03 May 2023

International law firm RPC has announced the promotion of seven Partners and two Of Counsel, effective May 1, 2023.

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Manufacturers 'face risk of reputational damage if they fail to act over listeria product recalls'

Published on 02 May 2023

Following today's news that thousands of Cadbury desserts made by Müller are being recalled following a food poisoning alert.

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EU law rethink means 'uncertainty is delayed, not removed'

Published on 28 April 2023

Partner Patrick Brodie, head of the Employment, Engagement and Equality practice at international law firm RPC, warns thousands of regulations could still end up on the 'Brexit bonfire'

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What are the 8 key legal changes ahead for retailers in 2023?

Published on 27 April 2023

RPC's Retail Compass explores impact of regulatory reforms, rising ESG concerns and fast-evolving AI technology in difficult economic conditions.

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RPC launches interactive Dawn Raid app with live 24/7 assistance

Published on 18 April 2023

RPC Raid Response is a one-stop toolkit which enables you to navigate a raid by a regulator in real time

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New course opens opportunities to return to law as an in-house lawyer

Published on 17 April 2023

The Centre for Legal Leadership has partnered with the Reignite Academy to run a one-day course to provide opportunities for “career break” lawyers to relaunch in an in-house (commercial) lawyer role.

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Number of retail M&A deals increases 30% since before the pandemic – 34 deals in 2022

Published on 17 April 2023

Takeovers of distressed retailers comprised just under a quarter of all deals in 2022

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RPC advises Susie Ma in Tropic Skincare 50% buyout from Lord Sugar

Published on 06 April 2023

International law firm RPC has advised the founder of Tropic Skincare (Tropic), Susie Ma, after her decision to buyout investor, Lord Sugar, and return sole ownership to her for an undisclosed sum.

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RPC hires Dr Matthew Jones as Partner to join its award-winning IP and technology practice

Published on 03 April 2023

RPC hires Dr Matthew Jones as Partner to join its award-winning IP and technology practice

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RPC reacts to UK Government White Paper on AI

Published on 30 March 2023

RPC reacts to UK Government White Paper on AI

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RPC advises senior management of Learnlight on investment by Synova

Published on 30 March 2023

International law firm RPC has advised the senior management of Learnlight, an EdTech platform with operations across Europe, North America and Mexico, on the recent investment in Learnlight by Synova.

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Gary Lineker HMRC decision 'illustrates complexities' of IR35 and employment tax

Published on 29 March 2023

International law firm RPC says a successful HMRC appeal against the decision is 'unlikely'

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900k square metres added to UK distribution warehouse space in past year

Published on 27 March 2023

126 full size football pitches worth of distribution warehouse space gained in the last year

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RPC advises Markel on £200m UK motor LPT transaction with Marco Capital

Published on 24 March 2023

The LPT transaction involves UK motor insurance claims, providing cover of up to £200m in claims reserves This deal is the twelfth in a recent series of significant legacy market transactions handled by RPC, and the sixth in 2023

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NHS delays for eye patients 'may be open to greater scrutiny'

Published on 22 March 2023

International law firm RPC warns there could be a rise in claims over delays for non-surgical treatment 'given the relative ease in which it could have been provided'

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What are the BIGGEST challenges facing insurers right now? Global Access Week has the answers…

Published on 28 February 2023

International law firm RPC will host London seminar series with global partners from 7 to 9 March

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Deals targeting European football teams more than double in value to £6.9bn in the past year

Published on 23 February 2023

Total number of deals increased 65% between 2021 and 2022 Growth of sports holding companies helps fuel increase in English football club deals

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