Lloyd's Maritime and Commercial Law Quarterly
COMMERCIAL NOTES
RECENT LETTINGS AT INTERNATIONAL HOUSE
The letting of another 40,000 sq.ft. at International House, London World Trade Centre, shows continued good progress towards filling this luxury block. The space has gone to West of England Ship Owners’ Insurance Services Ltd., who have taken 20% of the available office accommodation in the building. This is the second major shipowners’ protection and indemnity organisation to take substantial space in International House which now houses almost a quarter of the world’s shipping protection and indemnity business.
The list of tenants consists of traditional City users, who now have modern air-conditioned space at substantially lower costs. The tenants also enjoy the facilities of the London World Trade Centre in the unique environment of St. Katharine-by-the-Tower.
Lettings at International House in recent months have gone well—at a time when City space has been sluggish. Emphasis lies on shipping, oil, commodities and insurance. Many of the tenants are international companies establishing a London base.
St. Katharine-by-the-Tower Ltd., the developers of the World Trade Centre, are now pressing ahead with the planning of a 200,000 sq.ft. Commodity Centre, confident that they can build on their success with International House.
NEW APPROACH HARDWARE/SOFTWARE SYSTEM FOR SOLICITORS
Oliver Budge & Partners Ltd., the Information Technology Consultants, and Wang (U.K.) have joined forces to provide solicitors with a “convergent technology” word and data processing system. This system will be made available through a finance arrangement designed specifically for solicitors by Anglo Leasing Ltd., a subsidiary of J. Rothschild & Co. Ltd. The system’s software package—Law Manager—has been developed by Oliver Budge to handle the accounting needs of solicitors. Law Manager comprises Matter Accounting module, Time Recording module and Nominal Ledger module which have been designed to interface with Wang word processing and a number of legal word processing packages. Now solicitors can combine all legal, management and administrative word processing with Law Manager’s data processing facilities on a single word and data processing computer—Wang’s Office Information System.
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