The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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 are plenty of reasons not to love the London Underground: it’s hot, cramped, you rarely get a seat, and sometimes it sues you for over £140m. Oh, that last one only applies to Freshfields Bruckhaus Deringer.
London Underground Ltd (LUL) used to be a lucrative client for Freshfields, until a 2003 PPP deal with the now defunct Metronet went south and LUL switched to Herbert Smith.
Not content with just taking away its business, LUL is now suing Freshfields for £142m, plus the costs it incurred getting someone else to repay it £37m, plus interest (see story). LUL claims that Freshfields was negligent in drafting documents relating to the 2003 deal, which allegedly put the company on the hook for a £178.5m payout to Metronet’s funders.
The claim was launched by Ince & Co partner Andrew Ottley, with Freshfields instructing Mayer Brown and retaining Laurence Rabinowitz QC as it prepares to vigorously refute the allegations.