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.
Lawyers settling cross-border financial disputes within the EU will be offered a simplified system for receiving and sending payments, allowing them to bypass complicated national administrative rules.
The EU Council of Ministers of Justice and Home Affairs agreed in principle to establish this 'European Order for Payment Procedure', hastening the payment of compensation, debts or damages in uncontested cross-border cases.
A council statement said: "The objective of the system is to simplify, speed up and reduce the costs of litigation in cross-border cases concerning uncontested pecuniary claims."
Disputes covered by the new system could, for instance, include a UK company buying defective goods from a German supplier: if the Germans accepted blame, the new common system could be used to administer refunds.
Currently, cross-border complainants tangle with EU national administrative procedures, which are often time-consuming and complicated.
The new system can be used for civil disputes involving any kind of EU court or tribunal.