Nabarro landed with £130m professional negligence claim

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  • Oops. Just what they didn't need. Whether the claims are valid or not (liqidators most unlikely to pursue a claim like this unless advised reasonable prospect of success), this will hurt the firm's reputation significantly and hang like a heavy cloud overhead for around 2 years to trial. After the announcement of (at best) mediocre financials, and an expensive office move to a pretty naff building, who would merge with them now?

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  • Why is our profession under attack like this? It defies belief that City law firms with the size and reputation of Nabarro's could be made the subject of one of these ambulance chasing claims. Has anyone in our legal press bothered to investigate what the claim is about before making such highly damaging announcements?! I bet it amounts to little more than sour grapes on the part of the client. I will be fascinated to read the detail when you bother to actually investigate the case.

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  • A heavier cloud still will be the fees from Clydes.

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