Welcome to this week’s edition of The Hearing, your weekly insider’s guide to the UK litigation market. This week, McDermott Will & Emery is making inroads into London’s litigation market, and arbitration numbers continue to rise. But first, are securities cases the new competition class actions? The wait goes on: Last week’s development that Serco […]
Coldplay has settled its multimillion-pound dispute with former manager David Holmes, The Lawyer can reveal. Holmes, who managed the band for 17 years from 2005 to 2022, initially sued band members Chris Martin, Will Champion, Jonny Buckland and Guy Berryman for £10m in August last year. Engaging Bird & Bird’s London office head Phil Sherrell, […]
The Jesus and Mary Chain and King Crimson file against rights management company One of the largest rights management companies in the UK, Performing Right Society (PRS), has been hit with a new competition claim filed on 20 June. The part 7 claim has been brought by smaller management company PACE Rights Management alongside members […]
The Holy See appears in the English courts for the first time The Vatican, Harrods, a mafia-hunting judge, and an alleged multimillion-pound fraud feature in this case. This Commercial Court dispute, starting Wednesday (26 June) for 14 days, sees the Holy See (the Catholic Church’s universal government) square off against management companies Athena Capital, WRM […]
Welcome to this week’s edition of The Hearing, your weekly insider’s guide to the UK litigation market. This week, McDermott Will & Emery is making inroads into London’s litigation market, and arbitration numbers continue to rise. But first, are securities cases the new competition class actions? The wait goes on: Last week’s development that Serco […]
Coldplay has settled its multimillion-pound dispute with former manager David Holmes, The Lawyer can reveal. Holmes, who managed the band for 17 years from 2005 to 2022, initially sued band members Chris Martin, Will Champion, Jonny Buckland and Guy Berryman for £10m in August last year. Engaging Bird & Bird’s London office head Phil Sherrell, […]
The Jesus and Mary Chain and King Crimson file against rights management company One of the largest rights management companies in the UK, Performing Right Society (PRS), has been hit with a new competition claim filed on 20 June. The part 7 claim has been brought by smaller management company PACE Rights Management alongside members […]
The Holy See appears in the English courts for the first time The Vatican, Harrods, a mafia-hunting judge, and an alleged multimillion-pound fraud feature in this case. This Commercial Court dispute, starting Wednesday (26 June) for 14 days, sees the Holy See (the Catholic Church’s universal government) square off against management companies Athena Capital, WRM […]
The administrators of collapsed firm Axiom Ince are set to receive £3.3m after an order from the High Court on 12 June. Two companies owned by former Axiom Ince boss Pragnesh Modhwadia and his brother Uttam Modhwadia – Brockley Hill Ltd and Narya SVP No 4 Ltd – went into liquidation and administration respectively in […]
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 […]
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 […]
The associate recruitment market has tightened up over the past year or two. For trainees looking to qualify, it means that finding a home in their preferred practice area has become more difficult too. Qualification and, specifically, which team you qualify into, can be one of the most crucial moments in a solicitor’s career. On […]