Billion-pound trial against Argentine Republic begins Kicking off today is the mammoth case worth an estimated £1.7bn as the Argentine Republic and Bank of New York Mellon get set to defend themselves in a bond debt securities claim. The claims stems from Argentina’s bond crisis, which began in 2005. The South American country needed a […]
High Court slaps down Magistrates’ Court ruling in sanctioned Russian oligarch “test case” The High Court ruled on Tuesday that the Magistrates’ Court did not “undertake the task required of it at all” and set aside its July judgment in a freezing order case involving a sanctioned Russian oligarch. The National Crime Agency (NCA) took […]
Welcome to this week’s edition of The Hearing, The Lawyer’s indispensable weekly insight into the litigation market. This week’s edition has a distinctly “career coach” feel. The disputes recruitment market, already heating up as firms prepare for more counter-cyclical work, is now also facing competition from the outside due to increasingly popular paths that solicitors are […]
Billion-pound trial against Argentine Republic begins Kicking off today is the mammoth case worth an estimated £1.7bn as the Argentine Republic and Bank of New York Mellon get set to defend themselves in a bond debt securities claim. The claims stems from Argentina’s bond crisis, which began in 2005. The South American country needed a […]
High Court slaps down Magistrates’ Court ruling in sanctioned Russian oligarch “test case” The High Court ruled on Tuesday that the Magistrates’ Court did not “undertake the task required of it at all” and set aside its July judgment in a freezing order case involving a sanctioned Russian oligarch. The National Crime Agency (NCA) took […]
Welcome to this week’s edition of The Hearing, The Lawyer’s indispensable weekly insight into the litigation market. This week’s edition has a distinctly “career coach” feel. The disputes recruitment market, already heating up as firms prepare for more counter-cyclical work, is now also facing competition from the outside due to increasingly popular paths that solicitors are […]
Update: 9 February 2023 This claim was filed by ClientEarth in early February 2023. The directors of oil giant Shell have instructed Slaughter and May to defend a climate-related claim that is set to be brought against them by environmental law organisation ClientEarth. ClientEarth has accused Shell’s 13 executive and non-executive directors in a letter […]
Kickstarting a legal career is an arduous journey that is likely to leave you saddled with debt. Firms and their clients are acutely aware of this, which is why buzz about solicitor apprenticeship programmes has amplified in recent years. City Century, established by the City of London Law Society, is the manifestation of that momentum. […]
Big-ticket disputes are fuelling headcount growth among the UK’s largest litigation firms. According to The Lawyer’s UK Litigation 50 report, five firms are now home to more than 150 disputes partners in the UK – four of which (DAC Beachcroft, Clyde & Co, Kennedys and Keoghs) have strong insurance roots. These firms are hunting for […]
The evolution of Leeds’ legal scene is representative of how the UK legal market is changing shape. Just 18 months ago, Leeds was dominated by five firms, including local stalwart (Walker Morris with 57 partners) and a group of national firms with regional roots: Addleshaw Goddard (44), Eversheds Sutherland (35), Pinsent Masons (34) and DLA […]
Has Bryan Cave Leighton Paisner (BCLP) turned a corner? Its new partners presumably think so. Certainly, for the six Londoners and 18 other senior lawyers around its international network who were yesterday unveiled as the firm’s newest partners, a personal milestone has been reached. Congratulations to all of the 24 lawyers in the partnership promotions […]
The world’s climate ambitions took a serious hit last week. With Donald Trump poised to return to the White House, there’s a strong chance the US will once again pull out of the Paris Agreement. This would leave the goal of limiting global warming to 1.5 degrees Celsius in jeopardy as the world’s largest economy […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this week’s edition, BonelliErede and Chiomenti battle it out in pursuit of PE dominance; White & Case provides a blueprint for growth in Sweden; and Wolf Theiss’ new Brussels office highlights the firm’s growing ambitions. […]
Addleshaw Goddard is leading for DIY retailer Homebase as it collapses into administration. On the other side of the table, Browne Jacobson is advising The Range’s owner CDS Superstores in its acquisition of the Homebase brand, a move that safeguards nearly 1,500 jobs. Addleshaws’ team for Homebase is led by Manchester-based restructuring partner Tim Taylor. […]
A former partner of Freshfields Bruckhaus Deringer has been suspended for 24 months after a case was brought to the Solicitors Disciplinary Tribunal (SDT) over “inappropriate” conduct. Nick Williams was made up as a partner in the magic circle firm’s disputes and investigations team in March 2017, but left Freshfields two years later following the outcome of […]
The gap in revenue generation between firms in the UK and Germany has widened drastically in the last five years, illustrating the enduring strength of the UK legal market compared to its European competitors. According to data comparing the domestic revenue of The Lawyer’s top 100 firms with a similar ranking published by German publication […]
RBG Holdings, which comprises Rosenblatt and Memery Crystal, has dismissed market speculation it is looking to be acquired. The business, which includes the litigation-focused Rosenblatt and the corporate-focused Memery Crystal within its legal services division, RBG Legal Services, listed on the AIM market in 2018. However, it has seen revenue, profits and its share price […]
