The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
It’s been quite a week for Jones Day’s London litigation team.
First the firm – partly powered by the growth of its London disputes team - ranks in the top five of our annual Global Litigation Top 50. As you’ll surely know by now – and if not, why not? - the focus this year is on alternative fee arrangements (AFAs).
But the crowning glory is its slam-dunk victory over Clifford Chance (CC) in the Excalibur litigation, a case that featured AFAs prominently in the form of third-party funding and one that came back to bite the funder precisely where it hurts most: the pocket.
Cue champers at Jones Day, glum faces at CC.
AFAs may well be the way to go in big-ticket litigation, but this case highlights the dangers of getting it badly wrong.