Happy Halloween - if you’re into that sort of thing. For those who are not nine years-old, here’s our weekly review of the stories that may have scared some and thrilled others. For subscriber content, click here for full access to Legal Business.
Ashurst's John Carrington, who helped handle the integration of Blake Dawson, has retired as Australian managing partner with no successor, as Herbert Smith Freehills bulks up in Asia with two corporate hires from the firm.
The latest instalment in the Excalibur case is interesting for many reasons. One is Lord Justice Clarke's claim that making litigation funders pay costs on an indemnity basis when costs are awarded against the party they are funding on an indemnity basis is not likely to chill access to justice.
Linklaters and Milbank Tweed Hadley & McCloy have secured a judgment in favour of Visa after 12 major UK retailers, led by the Arcadia Group, sought damages in relation to Visa’s setting of interchange rates.
Freshfields Bruckhaus Deringer is set to advise Tesco on the formal criminal investigation by the Serious Fraud Office (SFO) after leading the investigation into the retailer’s profit warning alongside accountancy giant Deloitte.
As fellow Magic Circle firm Freshfields Bruckhaus Deringer targets the US market, Clifford Chance's US leadership is seeking to upscale its offering in the Americas, and are actively looking to recruit fresh talent across all levels, from associate to partner. But, such growth, explains Americas managing partner Evan Cohen and Washington DC managing partner David DiBari, will be achieved without breaking away from the firm's traditional remuneration system.