Trust Disputes – The Myth of Trust

Trust Disputes – The Myth of Trust

Trust disputes can offer advisers a lucrative caseload and longer-term institutional and corporate relationships. Legal Business looks at the key players in a competitive market. Wealthy business owners tend to have colourful lifestyles, families and ways of protecting their wealth, and these ingredients can often come together to form an explosive cocktail. Take Stanley Ho, …

LB100 Second 25: A brooding gloom in sunshine

LB100 Second 25: A brooding gloom in sunshine

On paper, an 11% jump in average revenue to £135.5m for the second 25 looks like a great leap forward from last year’s 5% increase to £122.6m, and this rate of growth compares favourably to the top quartile’s 9% hike to £830.7m. But as usual the figure must be taken with a pinch of salt. …

LB100 Second 50 – City and Boutique: The adventurers and the settlers

LB100 Second 50 – City and Boutique: The adventurers and the settlers

While the UK lurches through a Brexit drama entirely of its own making, mid-market and boutique London-based firms have focused on diversifying their services or using their unique offerings to differentiate themselves from the pack. The combined turnover for the 18 City firms that sit in the second 50 of this year’s Legal Business 100 …

Nice problems to have – Where now for Stephenson Harwood as veteran chief hands over?

Nice problems to have – Where now for Stephenson Harwood as veteran chief hands over?

With longstanding chief executive Sharon White bowing out, Stephenson Harwood can look back on a strong ten years. Thomas Alan assesses its record and prospects ‘My understanding is the Stephenson Harwood of 2002 needed a new strategy because it was doing very badly,’ reflects corporate head Andrew Edge, looking back on the City thoroughbred’s much-publicised …

The Bar – Happy when it rains

The Bar – Happy when it rains

Like the rest of Britain, barristers at the commercial Bar are impatiently waiting for some clarity over Brexit: it is a paramount concern because they want London to retain its position as the premier location for international business disputes. But more than three years on from the referendum result, the much-debated uncertainty has not yet …

The Global 100: The devil you know – The two visions for Freshfields

The Global 100: The devil you know – The two visions for Freshfields

‘Some of the management are dinosaurs. They don’t understand how important this is.’ So speaks one loyalist Freshfields Bruckhaus Deringer partner of a growing unease shared by some regarding the City giant’s direction. When Legal Business’ last focus on the 276-year-old institution hit desks in late 2015, the question was how newly-elected senior partner Edward Braham …

Global 100 overview: Escape velocity as the world’s largest firms pick up momentum

Global 100 overview: Escape velocity as the world’s largest firms pick up momentum

Compared to the dramatic events that have defined each of the three previous years, 2018/19 was relatively benign for the world’s top 100 law firms. True, the world has been dealing with increasing protectionism, US-China trade wars and the endless saga of the UK-EU divorce. But none of these headwinds were a shock for an …

The Euro Elite Overview: Life in the bubble

The Euro Elite Overview: Life in the bubble

Europe’s independent law firms fared much better in 2018 than most of the EU economies in which their clients operate. Set against the background of a US-China trade war, sluggish output and the prospect of an imminent Brexit, GDP growth in the eurozone limped to a disappointing 1.1% last year. Overall deal volume and value …