Global Litigation Top 50 2013
Baker & McKenzie has launched an ‘investigations academy’ aimed at educating its lawyers across all its network on a range of matters relating to regulatory investigations.
The London office of Jones Day is piloting the use of damages-based agreements (DBAs), making it one of the few major firms to offer these alternative fee arrangements (AFAs) since new regulations came into force in the UK earlier this year.
Squire Sanders and Mayer Brown have emerged as the biggest fallers in the main table contained in this year’s Global Litigation Top 50 report (9 December 2013), The Lawyer’s exclusive analysis of the world’s top 50 litigation practices by revenue.
The world’s top 50 litigation practices generated a record $24.3bn (£14.9bn) last year, exclusive new data produced by The Lawyer for this year’s Global Litigation Top 50 report has revealed.
Litigation is an engine room of firms’ earnings but many clients, keen to keep a grip on the purse-strings, are forcing a reworking of fee arrangements
The hourly rate is fast becoming an anachronism and firms must heed client warnings and foster more flexible solutions, say general counsel
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An application has been made to the High Court to have CMS Cameron McKenna removed as the lawyers for two KPMG administrators over allegations that the firm’s role represents a conflict of interest.
Competition specialist Mrs Justice Rose has been appointed to succeed Mr Justice Peter Smith on a £1bn British Airways (BA) dispute after the latter agreed to recuse himself.