The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Eversheds has instructed Clyde & Co partner Sarah Clover to defend it in the High Court over a profession negligence claim brought by former client Newcastle International Airport.
The airport, which has instructed Ward Hadaway partner Tim Toomey, claims that Eversheds was in breach of its duty when it accepted an instruction from two former executive directors relating to draft contracts of employment. It is alleged that the contracts provided for an entitlement of multimillion-pound bonuses as a result of a refinancing to the directors.
It is claimed that the instruction was unauthorised and as a result of the firm’s acceptance of the mandates the airport suffered a loss when it executed the contracts without realising what they contained.
Eversheds is arguing that the executive directors had the authority to instruct the firm and the airport caused its own loss by failing to read the contracts before putting them into effect.
The case, which has been set down for 15 days in April 2012, will pitch 4 New Square’s Nicholas Davidson QC for the airport against Ben Patten QC of the same set, who has been drafted in by Eversheds.
In a statement the firm said: “Eversheds acted fully in accordance with instructions in all matters pertaining to its work for Newcastle International Airport. It would be wholly inappropriate for the firm to comment further on this case while legal proceedings are ongoing.”