Continue reading “Disputes Yearbook 2024 – Best case scenarios”
Access to justice: Spurious claims under the spotlight – best intentions or base motives?
With the marked increase in group litigation and rapid development of the litigation funding industry, the Competition Appeal Tribunal is consistently seeing novel claims. New theories of dominance are appearing, with what actually constitutes a dominant position widening. And the type of claim presented to the tribunal is expanding, with an increasing number of ESG claims filed.
As the only court in the jurisdiction to allow for opt-out group litigation, the CAT is the only means by which North American style class actions can be brought. Supporters of the expansion of the CAT’s domain and these new claims see it as a necessary means of consumer redress. The system is seen as one that provides access to justice for consumers, and a way of holding major corporates to account. Continue reading “Access to justice: Spurious claims under the spotlight – best intentions or base motives?”
Scaling up: a look back at the last ten years of disputes in London
When Legal Business first launched its Disputes Yearbook back in 2014 Brexit was barely on the radar, most people had not heard of Wuhan and post-financial crisis disputes work and oligarchs were helping firms cast aside any doubts about how sustainable further disputes growth was at either the biggest players in the City or the boutiques spinning out from them.
While much has changed, many of the key market players are still the same today and some of the bigger trends keeping litigators busy now were still evident a decade ago – albeit in nascent form. Continue reading “Scaling up: a look back at the last ten years of disputes in London”
Disputes Yearbook 2024 – online PDF
Please see below for a link to an online pdf of the Disputes Yearbook 2024. Continue reading “Disputes Yearbook 2024 – online PDF”
‘Credibility in both US and English law is non-negotiable’ – A&O Shearman readies for launch
As the latest edition of Legal Business went to press in late April, Allen & Overy (A&O) and Shearman & Sterling were working to a deadline of their own – the 1 May go-live date for their mega-merger.
The headline figures are undeniable – A&O Shearman will come into existence with 4,000 lawyers in 48 offices across 29 countries, as well as $3.5bn in revenue; enough to rocket it up to fourth place in the Global 100.
Asia Pacific 2024 L500 data
Asia Pacific 2024 Legal 500 data: Bangladesh
Asia Pacific 2024 Legal 500 data: China
Asia Pacific 2024 Legal 500 data: Malaysia
Asia Pacific 2024 Legal 500 data: Philippines
Asia Pacific 2024 Legal 500 data: Singapore
Asia Pacific 2024 Legal 500 data: Thailand
‘We’ll continue to look for talent’: Sidley’s London growth streak continues with double-digit revenue hike
Sidley Austin has continued its decade-long streak of growth in London, posting a 12.4% hike to reach $209.7m, with firmwide revenues reaching the $3bn mark.
While global revenues grew 6.1% on last year, with profit per equity partner (PEP) up 10.3% to $4.6m, the Chicago-headquartered firm’s London office stood out with another year of double-digit growth.
Allen & Overy returns to Milbank for City restructuring hire
Allen & Overy has hired its second partner from the London arm of Milbank so far this year, bolstering its restructuring practice with the addition of partner Karen McMaster.
Recognised as a leading individual in The Legal 500, McMaster leaves Milbank after six years at the US firm. Continue reading “Allen & Overy returns to Milbank for City restructuring hire”
Passing the torch: HSF’s outgoing arbitration head Hodges looks back on her time at the firm
Herbert Smith Freehills this week announced the appointment of new co-heads of its global arbitration practice, succeeding Paula Hodges KC, who is retiring after 37 years with the firm.
Simon Chapman KC and Andrew Cannon will now co-lead the practice. Continue reading “Passing the torch: HSF’s outgoing arbitration head Hodges looks back on her time at the firm”
‘I had strong support and people wanted me to continue’: Bakers’ Poulton seals second term as head of London office
Following his initial appointment to lead Baker McKenzie’s London office in 2021, managing partner Ed Poulton has been re-elected for another three-year term, starting from July.
Speaking to Legal Business, he described the process of being re-elected as ‘relatively straightforward’.
‘We conduct soundings so that the partners get a chance to speak to a small group of partners,’ he said. ‘The message was I had strong support and people wanted me to continue.’ Continue reading “‘I had strong support and people wanted me to continue’: Bakers’ Poulton seals second term as head of London office”
Skadden and Paul Weiss pick off Linklaters partners as M&A and fin reg duo make moves
Paul Weiss, Kirkland, and Skadden were all active in London lateral hires this week, with two partner exits from Linklaters amid the moves.
A&O high yield head retires ahead of Shearman tie-up as firm makes first combined partner promos
Prominent high-yield partner Kevin Muzilla has retired from Allen & Overy, in the latest departure from the practice ahead of next month’s A&O Shearman mega-merger.
Ranked in the Legal 500 Hall of Fame for London high-yield, Muzilla joined A&O from Milbank as a partner in 2009, and has since headed up the firm’s leveraged finance teams, first the US and then Europe.
DLA to open new Germany base as Paul Weiss hires from Simpson and Macfarlanes for Brussels bow
DLA Piper has expanded its presence in Germany with the opening of its fifth office there, with confirmation of the move coming as Paul Weiss pushes ahead with a competition launch in Brussels.
Adding to its offices in Frankfurt, Hamburg, Cologne, and Munich, DLA Piper is set to establish in Düsseldorf on 15 April this year. Continue reading “DLA to open new Germany base as Paul Weiss hires from Simpson and Macfarlanes for Brussels bow”
‘A cautious return’: M&A activity picks up pace as Skadden and Slaughter and May top global and UK rankings respectively
Following a less than stellar 2023, M&A activity in Q1 has picked up pace as market confidence grows, according to data compiled by Dealogic.
