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.
Counsel for respondent: Christopher Purchas QC, Mathias Kelly
Solicitors for respondent: Russell Jones & Walker
Question raised whether judges in each case were entitled to depart from the well-established, conventional approach of awarding a multiplier consistent with return of 4 to 5 per cent per annum on the capital sum and to fix multiplier by reference to return on Index Linked Government Securities (ILGS) at 3 per cent per annum which resulted in significantly higher multiplier. Adoption of ILGS yardstick followed recommendations of the Ogden Working Party (2nd edition November 1993) and of Law Commission Report 224 (September 1994). Departure from conventional guidelines said to have thrown the law on this point into the melting pot. Held by court that conventional approach should have been adopted in each case with consequent reductions in damages awards.