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.
Deacons has settled the longstanding litigation against White & Case and the firm’s former partners Mark Fairbairn and Edward Cairns just two weeks before the appeal hearing was due to start.
As first revealed on www.thelawyer.com/lawyernews (27 October, 2003), the Hong Kong High Court ruled that White & Case behaved illegally when hiring a rated restructuring team from Deacons.
The court ruled that White & Case encouraged insolvency lawyers Fairbairn and Cairns to breach their partnership contracts and persuade clients to move across with them to White & Case.
However, the judge dismissed Deacons’ claims that White & Case breached a non-solicitation clause relating to merger talks between the two firms in 1999.
In a joint statement the parties said: "Deacons, White & Case, and Mark Fairbairn and Edward Cairns are pleased to announce they have reached a settlement of all the litigation between them. The terms of settlement are confidential."
"Deacons and White & Case look forward to re-establishing the amicable relationship they previously enjoyed."