Once a leading player in marine and insurance work, Ince & Co has been hit by discord and an ailing core market. Legal Business assesses the high-risk course the firm is charting in response. Blue, purple and pink LED lights flash on entering the doors to Ince & Co’s new home at London’s Aldgate Tower. …
Continue reading “Ports in a storm – Can Ince get back on course?”
The demise of 11 Stone Buildings last summer sparked claims within the Bar that others would face the same fate. As the gap between the haves and have-nots widens, can second-tier sets survive? ‘If you don’t stop gossiping about the collapse of this set, you will make it happen. You’re scaring people. Things are not …
New legislation and a tougher outlook from regulators has competition partners salivating, but the old guard maintain their dominance in the City. Can the rise of US players extend to antitrust practices? Having long been viewed as stable, the UK’s competition law agenda has been shaken up significantly over the last 12 months, with the …
Continue reading “Less bark, more bite – competition to the fore as tougher enforcement arrives”
Legal Business’ 14th annual Global London survey assesses the breakthrough of the City’s leading US shops in the past 12 months Recently appointed to jointly lead his firm’s expansive City office, Gibson, Dunn & Crutcher tax partner Jeffrey Trinklein recalls a visit to London in the early nineties. ‘Back then, the US offices in London …
Continue reading “Global London overview: The eagle has landed”
Mainstream M&A has for decades been the stronghold of the City elite… and the ground US law firms struggled to seize. As some of Wall Street’s elite ramp up City investment, is plc deal work about to fall to US invaders? With seven days left on the clock to force through a bid for the …
Continue reading “Global London: The Barbarians storming the gate of City deal work”
From court fee hikes to a mooted City law tax to legal aid cuts, the profession’s relationship with government is at a low ebb. With the Law Society’s fundraising powers under threat, is it time for a new trade union? It was the most contentious attack on City lawyers in recent memory. A proposal by …
As the golden generation of banking rainmakers retire, Legal Business takes a look at the core teams of the City elite and assesses the talent in the Square Mile’s top finance practices. ‘The days of lawyers being experts only in the investment grade market are a thing of the past,’ reflects Clifford Chance (CC)’s Michael …
Continue reading “Golden goodbyes – changing faces and fortunes at the City’s top banking teams”
With cyber risk exploding and storm clouds over the economy, it’s harder than ever to balance risk with commercial realities. Legal Business’ annual risk survey asks how law firms are coping. While no major law firm has yet fallen prey to the sort of high-profile data breach that the mobile operator Talk Talk suffered in …
Continue reading “The battle within: Risk management and professional indemnity survey 2016”
Historically confined to David vs Goliath claims, a new band of dispute funders are pushing the model into new frontiers. How far can they go? Hedge fund methodology – the process of using hard numbers to make statistical predictions – is not part of a dispute lawyer’s traditional armoury. Yet the same kind of financial …
Continue reading “The bigger short – third party funding bets on new markets and models”
Law firms are increasingly obsessed with the challenge of engaging their Millennial associates. Legal Business separates buzzword from BS Just what is it that you want to do? We wanna be free. We wanna be free to do what we wanna do. LOADED, PRIMAL SCREAM It was a very different legal market in 2007 …
