Monarch Airlines calls on Freshfields ahead of judicial review
The High Court will today hear a judicial review into whether Monarch Airlines should be able to sell its remaining airport landing slots after the budget carrier collapsed last month.
High Court tussle avoided as Ashurst and DLA Piper settle Thomas Cook airport claim
Manchester Airport, which had intended to bring a court claim against Thomas Cook, has settled with the liquidators after an attempt to prevent the airline from selling some of its last remaining assets. The Civil Aviation Authority (CAA) had also been the subject of this latest legal action after it sided with Thomas Cook in […]
Regional firm gains role as Thomas Cook stores find buyer
A Newcastle-based firm has gained a role in the latest Thomas Cook development, as 555 stores previously owned by the company look set to be acquired by a Sunderland-based travel agent. Muckle has advised Hays Travel on the acquisition of the stores around the UK, which will also include the incorporation of previous Thomas Cook […]
Magic circle and US firms win roles on Thomas Cook rescue bid
Clifford Chance is among the firms advising as Chinese conglomerate Fosun confirms its proposed rescue bid for airline Thomas Cook. The deal would see investment company Fosun inject £750m into Thomas Cook as part of a proposed recapitalisation and separation of the group. Corporate partner Tim Lewis and finance partner David Towers led from Clifford Chance […]
A&O and ENSafrica lead on South African Airways rescue
The Passport: No firm is safe in Italy’s red-hot lateral market
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. […]
Addleshaws acts as Homebase falls into administration
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. […]
SDT suspends ex-Freshfields partner for “inappropriate” conduct
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 £9bn gap: Growth of top 100 UK firms outpaces German peers
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 quashes sell-off rumours in wake of share price slump
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 […]
Litigation Tracker: Q3 2024 (Claims)
This dashboard: contains an overview of the claims at a selection of courts in the UK. allows you to compare activity at the courts in Q3 2024 against Q3 2023.
Litigation Tracker: Q3 2024 (Judgments)
This dashboard: contains an overview of the judgments at a selection of courts in the UK, Hong Kong, Singapore and Dubai during Q3 of 2024. allows you to compare activity at the courts in Q3 2024 against Q3 2023.
UK Litigation 50 2024: Headcount
This is the first part of a two-part UK Litigation 50 report. The report contains: ranking of the top 50 global law firms in the UK based on their litigation headcount an analysis of litigation headcount over five years a review of headcount trends
UK 200: City profitability
This report contains: ranking of the 30 largest UK 200 firms by revenue generated in London analysis of key financial metrics like profit per lawyer (PPL), cost per lawyer (CPL) net profit and top of equity over the past one and five years insight into firms’ operational and strategic efforts they are making to increase […]
The UK Legal Universe
This report contains: an analysis of the UK revenues of the 300 largest legal businesses in the country, bringing together the traditional UK firms, the American firms in London, the Big Four and the other non-traditional and alternative providers of legal services.
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Whitehall should leave apprentices alone
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. […]
Clydes must take care of its associate army
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 […]
DLA is losing its grip on Leeds
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 […]
BCLP wants to think it’s turned a corner
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 […]
Reed Smith and A&O Shearman lead on climate finance
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 […]
The Passport: No firm is safe in Italy’s red-hot lateral market
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. […]
Addleshaws acts as Homebase falls into administration
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. […]
SDT suspends ex-Freshfields partner for “inappropriate” conduct
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 £9bn gap: Growth of top 100 UK firms outpaces German peers
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 quashes sell-off rumours in wake of share price slump
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 […]