Report this comment to a moderator

Specialist firms break with tradition to take on banks

It makes sense to be doing this, but even though these firms have a lesser 'conflicts shadow' than the Magic Cirle are they really going to get that much work out of it? Even if they're just doing low-level banking work they must be making some money out of that. Will they really want to risk that just to take on a litigation that could end up settling anyway? In any case, why would the banks instruct them when there are firms out there whose bread and butter is solely going against the banks, Interesting move but will it pay off?

1-Aug-2011

3:15 pm