Tag: Law Firms
over 1 year ago
cityam.com

Russia takes its war with Ukraine to London's High Court as battle begins over a soured $3bn bond...

The UK’s top court yesterday ruled the Ukrainian government should be given the opportunity to face the Kremlin in Lo...

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over 1 year ago
cityam.com

World's top insurers to face aircraft leasers in High Court 'mega trial' over planes seized by Ru...

Insurance giants Lloyd’s, AIG and Fidelis are set to face a 'mega trial' in London’s High Court over their refusal to...

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over 1 year ago
cityam.com

ENRC: UK's Serious Fraud Office must share blame for its former lawyer's leaks, Dechert tells Hig...

US law firm Dechert has accused the UK’s Serious Fraud Office (SFO) of knowingly cultivating an “improper relationshi...

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over 1 year ago
cityam.com

Silicon Valley Bank collapse poses 'tremendous opportunity', lawsuit funder LCM says

The collapse of Silicon Valley Bank poses a "tremendous opportunity" for more lawsuits, funder Litigation Capital Man...

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over 1 year ago
cityam.com

In-house lawyers will need both investment and a more proactive approach to survive, says senior ...

PwC is seeking to profit on the global downturn by offering companies advice on ways they can overhaul their in-house...

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over 1 year ago
cityam.com

United Utilities sewage dumping case heads to Supreme Court

The UK’s largest listed water company, United Utilities, heads to the Supreme Court this week in a fight over dischar...

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over 1 year ago
cityam.com

UK's Serious Fraud Office to face Kazakh miner ENRC in court as decade-long legal fight continues

The UK’s Serious Fraud Office (SFO) will today face Kazakhstani mining company ENRC in London’s High Court, as it con...

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over 1 year ago
cityam.com

Law Society takes government to court over solicitors' legal aid fees

The Law Society is seeking to force the UK government to give criminal solicitors a 15 per cent pay hike by taking th...

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over 1 year ago
cityam.com

Brexit-backer Arron Banks wins appeal in Carole Cadwalladr libel case

Brexit-backer Arron Banks has won an appeal in his libel lawsuit against investigative journalist Carole Cadwalladr. ...

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over 1 year ago
cityam.com

Pay for top City lawyers surged to £740,000 as most firms cashed in on Covid profits

Top City lawyers saw their annual payouts surge in 2022, as a boom in demand for legal services bolstered the sector’...

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over 1 year ago
cityam.com

Former Met police detective sues ex-City lawyer over ENRC hacking claims

A former Metropolitan police officer has accused an ex-City lawyer of trying to hack his emails to steal information ...

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almost 2 years ago
cityam.com

Wedlake Bell's rising star on how tech is changing they way City law firms work

Technology is increasingly changing the way we work, and law firms are no exception. Innovation and new technical sol...

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almost 2 years ago
businessinsider.com

Court records show law firm Brown Rudnick was hacked in 2020 and its insurance paid a $2 million ...

The Boston-based law firm's breach was inadvertently revealed in legal documents filed by its cyber insurer, which is...

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about 2 years ago
cityam.com

Law firm sues Ghislaine Maxwell over unpaid legal fees

A Colorado law firm is suing British socialite Ghislaine Maxwell over claims she failed to pay $878,302.66 (£742,000)...

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about 2 years ago
cityam.com

Raab vows to break barristers' 'near-monopoly' over Crown Court trials

Justice secretary Dominic Raab is seeking to undermine the barristers’ strike by breaking their “near-monopoly” over ...

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about 2 years ago
cityam.com

Solicitors' watchdog vows to use strike offs instead of fines in sexual misconduct cases

The UK’s solicitors’ watchdog is set to cease fining lawyers for personal misconduct offences, apart from in exceptio...

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about 2 years ago
cityam.com

Stewarts tops UK law firm pay rankings with partner payouts of £2.7m

London law firm Stewarts today said its partners will receive payouts of more than £2.7m each – more than partners at...

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about 2 years ago
cityam.com

Criminal Barristers vote to escalate strike action over legal aid fees

Criminal barristers today voted in favour of plans to cancel their bi-weekly court walkouts and run a continuous stri...

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about 2 years ago
cityam.com

Less than 62,000 of UK's one million trusts registered with HMRC just two weeks before deadline

Only a tiny proportion of those who own non-taxable trusts have registered them with HM Revenues and Customs’ (HMRC’s...

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about 2 years ago
cityam.com

City Exclusive - Criminal barristers lured to law firms as strikes set to escalate

City law firms are making concerted efforts to capitalise on the exodus of barristers from the criminal justice syste...

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about 2 years ago
cityam.com

UK government must release details on Rwanda’s human rights record, court rules

The UK government must publish six out of ten extracts from internal documents relating to Rwanda’s human rights reco...

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about 2 years ago
cityam.com

Mishcon de Reya spent £12m on shelved London IPO

Mishcon de Reya spent almost £12m in readying itself to list on the London Stock Exchange, before shelving its initia...

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about 2 years ago
cityam.com

Freshfields calls lawyers back into the office for at least three days a week

Magic Circle law firm Freshfields Bruckhaus Deringer has upped the minimum number of days it expects its lawyers to c...

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about 2 years ago
cityam.com

Law Society calls for 'sustained investment' in courts to cut worsening case backlog

The Law Society has called on the government to make “sustained investment” in the UK’s court system after new data s...

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about 2 years ago
cityam.com

Magistrates court workers vote to strike over digital system

Members of the union representing Magistrates’ court workers today voted in favour of plans to strike over complaints...

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about 2 years ago
cityam.com

Jones Day ups pay for new lawyers to £140,000 a year

US law firm Jones Day is set to give its newly-qualified (NQ) lawyers 27 per cent pay rises in upping their annual sa...

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about 2 years ago
cityam.com

Economic slowdown set to hit legal sectors' bumper profits, new research shows

The past year’s boom in dealmaking acted as a boon to the UK’s legal sector in leading to a major uptick in work for ...

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about 2 years ago
cityam.com

Lack of social mobility in UK's professional services sector threatens country's growth

The lack of social mobility in the UK’s financial and professional services sector poses a major threat to Britain’s ...

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about 2 years ago
cityam.com

Axiom founder sentenced to 14 years in prison over £100m 'no win, no fee' investment fraud

The founder of a Cayman Islands headquartered fund, that bankrolled ‘no win, no fee’ lawsuits, has been jailed for 14...

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about 2 years ago
cityam.com

Clyde & Co partners see payouts drop to £708,000

London law firm Clyde & Co today said its partners will see their pay packages drop by sums of £7,000 after the addit...

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about 2 years ago
cityam.com

Linklaters partner payouts fall to lowest levels of Magic Circle firms

Partners at Linklaters are set to receive payouts of £1.87m after posting slower growth than any other Magic Circle f...

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about 2 years ago
cityam.com

Cayman Islands fund manager convicted over role in £100m 'no win, no fee' investment fraud

The founder of a Cayman Islands investment fund, that bankrolled ‘no win, no fee’ lawsuits, has been convicted of usi...

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about 2 years ago
cityam.com

Criminal Bar Association opens ballot on plans to escalate barristers' strike

CRIMINAL barristers are set to vote on plans to intensify their ongoing strikes by running uninterrupted strikes inde...

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about 2 years ago
cityam.com

PwC fined over BT audit failings following discovery of £512m fraud

The UK’s accounting watchdog today fined PwC £2.5m over claims it failed to properly scrutinize BT accounts following...

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about 2 years ago
cityam.com

Law firm mergers drop to decade lows as legal sector boom slows M&A activity

The past two years’ boom in demand for legal services has seen M&A activity in the UK’s legal sector drop to decade l...

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about 2 years ago
cityam.com

Norton Rose Fulbright hikes NQ salaries after upping pay for rank-and-file staff

City law firm Norton Rose Fulbright today said it would hand out up to 10 per cent pay rises to its rank-and-file sta...

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about 2 years ago
cityam.com

UK government bans Bain & Co from competing for contracts over role in South African corruption s...

US consulting firm Bain & Co has been banned from competing for UK government contracts, after a review by the Cabine...

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about 2 years ago
cityam.com

Number of law firms fined by SRA increases following anti-money laundering compliance crackdown

The number of fines against law firms, handed out by the UK’s solicitors’ watchdog, has increased six-fold over the p...

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about 2 years ago
cityam.com

Money launderer jailed for nine years over scheme to smuggle £104m to Dubai

The head of a money laundering operation, that saw millions smuggled out of Heathrow airport in suitcases and sent to...

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