For every new business model success story there’s a disaster. As more firms contemplate more efficient working structures, here’s how to avoid the pitfalls What will the legal market look like in five years’ time? According to management consultancy OMC Partners, by 2019 every firm in the UK 100 – those with a turnover of […]
Our analysis this week is on how major City firms have adopted the practice of disaggregation in their quest for greater efficiency (see cover story, page 10). Ashurst, Allen & Overy, Herbert Smith Freehills and most recently, Hogan Lovells, have all opened regional offshoots to handle lower value and support work rather than packaging it […]
Prosperity is all around, but that will only lay bare fundamental problems in a sector accelerating towards its judgment day The wave of positive economic data that ushered in the new year has become positively tidal as momentum and growth, now driven by increased business investment levels as well as consumption, has buoyed markets and […]
Move of the week 4 New Square has a new tenant, in the form of former Herbert Smith Freehills advocacy head Murray Rosen QC. Rosen joined legacy Herbert Smith in 2005 from 11 Stone Buildings to launch its advocacy unit, and will join 4 New Square in September. UK London Lester Aldridge has hired […]
Despite rule changes, after-the-event insurance is still core to funding litigation cases, while damages-based agreements are largely ignored Q: To what extent is after-the-event (ATE) legal expenses insurance relevant to the modern commercial litigation market? Malcolm Henké, senior partner, Greenwoods: In personal injury (PI) cases the claimant is still concerned with meeting the cost of disbursements, which […]
Winning the £1bn Crossrail contract was critical in reviving Bombardier’s fortunes for big-bidding, says Lynn West, head of legal for the UK’s last surviving train maker Next time you wade into an eBay bidding war, spare a thought for Bombardier Transport’s head of contracts and legal affairs Lynn West. For West and her eight-lawyer team, […]
Serbia has had a dramatic year, with landmark elections followed by devastating floods A couple of months ago Serbia went to the polls for early parliamentary elections. A rift in the Progressive Party and Socialist Party ruling coalition created a trip to the ballot box sooner than anticipated. For the first time in over a […]
A rebasing has elevated Nigeria as the top African economy and brought to light new business potential Thanks to its first economic rebasing since 1990, Nigeria this year overtook South Africa to claim the title of largest economy on the African continent. The process, which most countries carry out every five years, saw Nigeria calculate […]