Global London Overview – Vantage points

Global London Overview – Vantage points

A group of elite firms using their vast resources to further reinforce in the City; a larger group suffering attrition or stasis as their presence wanes – 2019 proved to be another year of diverging fortunes for international firms in London. When you add to the mix that the leading brands have seen UK revenue …

‘Universal slowdown’ adds up to a less dynamic year but Kirkland becomes first $4bn law firm

‘Universal slowdown’ adds up to a less dynamic year but Kirkland becomes first $4bn law firm

Thomas Alan finds revenue growth tempered at many US firms with 2019 proving a sterner test for the global elite It would have been difficult to match the rampant advances of US firms among the Global 100 in 2018 and so it has proven. A handful of the largest players endured quieter years with uncertainty …

Supreme Court rules in favour of Morrisons in landmark data breach case

Supreme Court rules in favour of Morrisons in landmark data breach case

In a significant move for the future of large data breach and privacy cases, Morrisons Supermarkets has successfully defeated a group litigation claim following a decision by the Supreme Court this morning (1 April). The case centres on whether a company can be held vicariously liable for the actions of a single employee, after thousands …

Coronavirus latest: Reed Smith to limit partner drawings as firms start to bunker in for the crisis

Coronavirus latest: Reed Smith to limit partner drawings as firms start to bunker in for the crisis

Reed Smith has ringfenced a portion of its cash reserves against partner distributions as a means to mitigate the impact of the unfolding Covid-19 crisis.  The new contingency measures will include every office at the firm, with global managing partner Sandy Thomas (pictured) informing the firm’s global partnership in a conference call last week. Monthly …

Junior barristers blast the government’s ‘woefully insufficient’ self-employed support package

Junior barristers blast the government’s ‘woefully insufficient’ self-employed support package

Junior barristers have heavily criticised the government’s self-employed support package as ‘woefully insufficient’ while imploring the Bar Council to address ‘urgent and serious concerns’ about the scheme. The open letter, published today (30 March), says the government’s Self-Employed Income Support Scheme announced last Thursday neglects newly-qualified barristers as it does not provide financial aid to …

Perfect storms – Cases of the year

Perfect storms – Cases of the year

Cash-rich funders; conflict-free boutiques; class actions aplenty. While some predict another economic downturn on the horizon, providing an uptick in conventional litigation work, these themes have defined the more eye-catching disputes of the past year. Add to the mix an increase in cyber-related litigation and accusations of fraud and regulatory missteps against some of the …

Disputes perspectives: Paula Hodges QC

Disputes perspectives: Paula Hodges QC

Becoming a lawyer was suggested to me by other people. I was about 15, and doing a lot of debating and public speaking in school. People started saying to me: ‘You should think about becoming a lawyer.’ The school was supportive, and sent me to conferences and such. It was also because of watching TV. …

Linklaters acts on $500m ‘virtual trial’ while insurers and claimants agree coronavirus ceasefire

Linklaters acts on $500m ‘virtual trial’ while insurers and claimants agree coronavirus ceasefire

The Commercial Court is going fully virtual on a case worth over $500m this week, with Linklaters and King & Spalding among those acting remotely as a result of the coronavirus lockdown. Meanwhile, insurers and claimants have reached an accord, with the groups set to work together throughout the pandemic to ensure a continued access to justice. …

Coronavirus latest: Supreme Court goes virtual as junior lawyers plea against postponing exams

Coronavirus latest: Supreme Court goes virtual as junior lawyers plea against postponing exams

For the first time in its history, the Supreme Court conducted a case entirely through video conferencing this morning (24 March), after taking the decision to close its building to the public due to the spread of Covid-19. The move saw the matter of Fowler (Respondent) v Commissioners for Her Majesty’s Revenue and Customs (Appellant) conducted …