Specialist class action firm Geradin Partners is filing a £2.5bn lawsuit against Amazon to rival Willkie Farr & Gallagher’s £1bn claim, which was filed last week. Geradin’s opt-out claim will be brought by Professor Andreas Stephan, a competition law scholar and the head of the University of East Anglia Law School, on behalf of UK […]
Cantor takes on digital consultants Trianz US financial services giant Cantor Fitzgerald launched a new dispute in the London Circuit Commercial Court last week, targeting software and services company Trianz digital with a part 7 ‘general commercial contracts and arrangements’ claim. A part 7 claim seeks monetary damages from the defendant. The nature of Cantor’s […]
Herbert Smith Freehills has settled a lawsuit that was set to go to trial tomorrow (11 June) for 10 days, brought by the former head of restructuring at KPMG Singapore. Claimant Graham Martin filed the case in April 2022, alleging that a HSF partner employed by Martin in 2017 told KPMG about his debts without […]
Manchester City goes to war with the Premier League Manchester City’s two week case against the Premier League is set to kick off today in London. The four-in-a-row champions launched arbitral proceedings against the governing body back in February, challenging the League’s own rules. Manchester City has long been battling the League over various matters […]
Specialist class action firm Geradin Partners is filing a £2.5bn lawsuit against Amazon to rival Willkie Farr & Gallagher’s £1bn claim, which was filed last week. Geradin’s opt-out claim will be brought by Professor Andreas Stephan, a competition law scholar and the head of the University of East Anglia Law School, on behalf of UK […]
Cantor takes on digital consultants Trianz US financial services giant Cantor Fitzgerald launched a new dispute in the London Circuit Commercial Court last week, targeting software and services company Trianz digital with a part 7 ‘general commercial contracts and arrangements’ claim. A part 7 claim seeks monetary damages from the defendant. The nature of Cantor’s […]
Herbert Smith Freehills has settled a lawsuit that was set to go to trial tomorrow (11 June) for 10 days, brought by the former head of restructuring at KPMG Singapore. Claimant Graham Martin filed the case in April 2022, alleging that a HSF partner employed by Martin in 2017 told KPMG about his debts without […]
Manchester City goes to war with the Premier League Manchester City’s two week case against the Premier League is set to kick off today in London. The four-in-a-row champions launched arbitral proceedings against the governing body back in February, challenging the League’s own rules. Manchester City has long been battling the League over various matters […]
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 […]
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 […]