Welcome to this week’s edition of The Hearing, your weekly insider’s guide to the UK’s litigation market. It is the May 1 and hundreds of lawyers are stepping into their first day as new partners. Litigation promotions were a mixed bag across US firms. Several major players, namely Quinn Emanuel and Hogan Lovells, did not […]
Luxury goods giant LVMH joins interchange fee dispute French luxury goods behemoth LVMH Moët Hennessy Louis Vuitton has swung into the merchant interchange fees dispute with over 25 separate claims filed by its subsidiaries against Visa and Mastercard between 24 and 25 April. The Lawyer understands that the claims form an addition to the long-running […]
Computer giant IBM’s mainframe litigation lands in court Today (29 April) Quinn Emanuel takes on Clifford Chance in the Technology and Construction Court for a 28-day trial that will be watched closely by tech companies and regulators across the globe. This mammoth litigation is one of The Lawyer’s top 20 cases of 2024. IBM brought […]
Formula 1 team Alpine Racing has filed a claim against its official sustainability platform partner, green investment business Ecowatt. Represented by Bird & Bird, the Renault-owned team filed a part 7 “general commercial contracts and arrangements” claim in the England and Wales Commercial Court against its sustainability partner on 25 April. A part 7 claim […]
Welcome to this week’s edition of The Hearing, your weekly insider’s guide to the UK’s litigation market. It is the May 1 and hundreds of lawyers are stepping into their first day as new partners. Litigation promotions were a mixed bag across US firms. Several major players, namely Quinn Emanuel and Hogan Lovells, did not […]
Luxury goods giant LVMH joins interchange fee dispute French luxury goods behemoth LVMH Moët Hennessy Louis Vuitton has swung into the merchant interchange fees dispute with over 25 separate claims filed by its subsidiaries against Visa and Mastercard between 24 and 25 April. The Lawyer understands that the claims form an addition to the long-running […]
Computer giant IBM’s mainframe litigation lands in court Today (29 April) Quinn Emanuel takes on Clifford Chance in the Technology and Construction Court for a 28-day trial that will be watched closely by tech companies and regulators across the globe. This mammoth litigation is one of The Lawyer’s top 20 cases of 2024. IBM brought […]
Formula 1 team Alpine Racing has filed a claim against its official sustainability platform partner, green investment business Ecowatt. Represented by Bird & Bird, the Renault-owned team filed a part 7 “general commercial contracts and arrangements” claim in the England and Wales Commercial Court against its sustainability partner on 25 April. A part 7 claim […]
Welcome to this week’s edition of The Hearing, your insider’s guide to the UK litigation market. As the Lords and the Commons finally settled on the new Safety of Rwanda (Asylum and Immigration) Bill in the early hours of Tuesday morning, attention began to shift to how the Government planned, both practically and legally, to […]
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 […]
Herbert Smith Freehills’s revenue hit £1.3bn over 2023/24, while profits soared by 14 per cent after a small uptick was recorded in the previous year’s results. The firm’s revenue was up 10 per cent from its last financial results of £1.186bn. Profits saw a double digit burst for the financial year, with HSF reporting a […]
Freshfields Bruckhaus Deringer and Slaughter and May have released their retention results for the September cohort, achieving 86 per cent and 84 per cent respectively. There are 37 trainees staying on in newly-qualified positions at Freshfields out of the 43-sized cohort. Slaughters is keeping one fewer trainee from the same sized batch of trainees, meaning […]
Kingsley Napley will give bonuses to staff three months early after a highly profitable year, which saw the firm’s net profit increase by 120 per cent. Managing partner Linda Woolley told The Lawyer that the results were a sign that the firm’s investments in the prior years had come through, following the firm’s challenging year […]
Morton Fraser MacRoberts has posted a 2 per cent rise in revenue in its first set of financial results since the 1 November merger of legacy firms Morton Fraser and MacRoberts. The increase takes the total revenue at the recently-merged Scottish firm to £47.5m, which should be enough to propel Morton Fraser MacRoberts into the […]
The French legal market has welcomed a new boutique this week as CGR Avocats opens its doors following the breakup of its predecessor firm earlier this year. European 100 firm LPA-CGR Avocats finally split in May, bringing an end to the seven-year partnership between Lefèvre Pelletier & Associés and CGR Legal. CGR Avocats relaunched at […]