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.
Leading New Zealand law firm, Russell McVeagh McKenzie Bartleet & Co, is facing the prospect of court action and a government inquiry over its involvement with Mercury Energy, the utility blamed for the recent power blackout in Auckland.
The law firm is being attacked on two fronts. First, the role of the firm in Mercury's management has come under fire. As a result of the company's complicated ownership structure, six partners at Russell McVeagh, acting as trustees, must approve the appointment of five of Mercury's nine board members.
Second, legal advice given by the firm to Mercury has been questioned. Australian law firm Slater & Gordon is preparing a multimillion-dollar class action against Mercury on behalf of the power company's customers, and is reported to be considering action against the law firm over advice given to the company.
A spokesman for the firm said the legal action "made no sense at all". He added: "Russell McVeagh has no power at all to influence the control or business of Mercury Energy."