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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.
London & Regional (L&R) is suing Lawrence Graham for almost £30m over a deal that it is claimed was bungled by Michael Fielding, the former partner who fled the country after allegedly taking £2m from L&R’s account.
The claim relates to L&R’s purchase of a property portfolio from airport operator TBI. One condition of the deal was that L& R could participate in TBI’s joint ventures in Cardiff and Belfast.
However TBI refused to carry out the joint venture. L&R took the airport operator to the Court of Appeal last year, but failed to get it to compel.
As a result L&R is suing Lawrence Graham for negligence and breach of contract. Lawrence Graham declined to comment, although it is believed the firm will vigorously defend the case.
L&R did not return The Lawyer’s call. Fielding could not be reached for comment.