As the 2024 general election draws ever closer, this week on Spotlight we check out the politics, elections and campaigning practice at Bates Wells & Braithwaite. The market: In 2015, amendments to the Political Parties, Elections and Referendums Act 2000 caused a chill across the non-party campaigning sector. The new rules, which especially applied to third-party […]
Third-party funder Litigation Capital Management (LCM) has thrown its hat in the ring for the second time to back a £1bn class action against Amazon regarding its “Buy Box” feature. In November 2022, it was announced that Hausfeld would be bringing a collective action against Amazon on behalf of 50 million consumers represented by class […]
Welcome to the Hilary term and welcome back to The Hearing, your weekly insider’s guide to the UK litigation market. As the market gears up for the busy dash to summer, three of The Lawyer’s Top 20 cases are set to hit the courts this month: British American Tobacco’s $800m challenge to PwC over its […]
Stephenson Harwood in new dispute with alternative investment platform Stephenson Harwood is at the receiving end of a fresh dispute brought by alternative investment platform Yieldstreet, filed on 31 May in the Commercial Court. Yieldstreet has instructed HFW to bring a part 7 ‘General commercial contracts and arrangements’ claim on its behalf. A part 7 […]
As the 2024 general election draws ever closer, this week on Spotlight we check out the politics, elections and campaigning practice at Bates Wells & Braithwaite. The market: In 2015, amendments to the Political Parties, Elections and Referendums Act 2000 caused a chill across the non-party campaigning sector. The new rules, which especially applied to third-party […]
Third-party funder Litigation Capital Management (LCM) has thrown its hat in the ring for the second time to back a £1bn class action against Amazon regarding its “Buy Box” feature. In November 2022, it was announced that Hausfeld would be bringing a collective action against Amazon on behalf of 50 million consumers represented by class […]
Welcome to the Hilary term and welcome back to The Hearing, your weekly insider’s guide to the UK litigation market. As the market gears up for the busy dash to summer, three of The Lawyer’s Top 20 cases are set to hit the courts this month: British American Tobacco’s $800m challenge to PwC over its […]
Stephenson Harwood in new dispute with alternative investment platform Stephenson Harwood is at the receiving end of a fresh dispute brought by alternative investment platform Yieldstreet, filed on 31 May in the Commercial Court. Yieldstreet has instructed HFW to bring a part 7 ‘General commercial contracts and arrangements’ claim on its behalf. A part 7 […]
British American Tobacco takes on PwC over negligence row British American Tobacco (BAT) subsidiary BTI is taking on Big Four firm PricewaterhouseCoopers (PwC) this week for a 39-day trial beginning tomorrow (4 June). The next eight weeks will see Hogan Lovells represent BTI as it goes head-to-head with Reed Smith for PwC in the Financial […]
Does anyone need any confirmation of the gradual takeover of the City by rampaging US law firms? No, thought not. If, however, your answer is yes, then more evidence of the Americanisation of London can be found in the upcoming edition of the UK Corporate 50. Much of the focus in this year’s report is […]
Mexico is set to welcome thousands of lawyers later this year when the capital city plays host to the International Bar Association’s (IBA) showpiece event. Partners and support staff will mingle from dawn until way after dusk, discuss strategies and scan way off into the horizon. However, Mexico’s been high on the interest list for […]
At times, Clyde & Co appeared dangerously close to squandering the growth opportunities presented by its July 2022 acquisition of BLM. The firm’s most recent financials, however, suggest BLM was the fuel Clydes needed to grow in the UK. Not that it has been without casualties, with a significant proportion of former BLM partners having […]
The M&A rankings for the first half of 2024 confirmed one thing we already felt was true: that Linklaters and Slaughter and May have had a lot of acquisitive or targeted clients this year. According to data provided by the London Stock Exchange Group, the pair rank first and second respectively in terms of the […]
When Stephenson Harwood chief executive Eifion Morris set a target for doubling revenue to £400m by 2027, he knew it would be a tough challenge. “A profitable growth strategy will probably take more than individual lateral joiners and internal promotions to achieve,” he told The Lawyer back in 2021. This protective view came as the […]
BDB Pitmans partners have voted through proposals that will see the firm transition to a CMS-style network model, having called off merger talks with Womble Bond Dickinson in 2023. The firm has signed a letter of intent with Alvarez & Marsal Legal Services (AMLS) to help internationalise the business. Both BDB Pitmans and AMLS issued […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition, we look at how CMS zoomed past Dentons in the Polish lawyer headcount stakes; why you might have to get used to the idea of three firms with ‘Snellman’ in their name; and […]
Akin Gump has recruited three of Cooley’s London partners, including its City managing partner Justin Stock. Stock moves to Akin along with Stephen Rosen and David Bresnick. The three focus on transactions with a life sciences and technology element. At Akin, Stock will become the firm’s international head of technology. Both Stock and Bresnick joined […]
For elite firms with ties to big banks, the first half of 2024 has been fruitful for corporate transactions. Sainsbury’s banking business was sold to NatWest Group last month, with Linklaters and A&O Shearman advising, while Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings led on Co-operative Bank’s sale to Coventry Building Society in an […]
Mills & Reeve’s turnover rose by double digits in 2023/24 to a new record high that has resulted in the firm’s highest-ever all-staff bonus pool of £3m. The firm’s turnover rose by 14.1 per cent to £168m, beating its 2025 strategic target of £150m a year ahead of schedule. The firm has not yet revealed […]