The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
There were celebrations at Ashurst, Jones Day and Lovells on 19 June after the Competion Appeal Tribunal (CAT) upheld their clients' appeals on interchange fee arrangements. The CAT set a September 2005 Office of Fair Trading (OFT) decision aside after the OFT had made the unprecedented move of withdrawing its decision anyway. Interchange fees are paid by acquiring banks to issuing banks when a credit card purchase is made. Lovells client MasterCard UK Members Forum (MMF), MasterCard International, represented by Jones Day, and Ashurst client Royal Bank of Scotland will have been relieved by the judgment. It is another victory for Brick Court Chambers' Nick Green QC, who acted for MMF, instructed by Lovells partner Susan Bright. However, the OFT is continuing its investigations into MasterCard and Visa's current interchange fee arrangements, meaning the work for competition lawyers is not over.