The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Schillings has accepted a fraction of the total costs it claimed for acting for DJ Sara Cox in a privacy claim against The Sunday People and Mirror Group Newspapers (MGN).
The firm settled its fight for costs for £100,000, just 37 per cent of the £273,000 it originally claimed.
The settlement comes shortly after a damning judgment on costs handed down by Mr Justice Eady, who ruled that name partner Keith Schilling was not entitled to costs of £450 an hour plus a 95 per cent success fee.
Eady J ordered that the claimants had to pay 75 per cent of MGN's fees arising from the appeal hearing on costs, with £25,000 due by 16 June. Instead, the claimants chose to settle, accepting £100,000 from MGN which had been paid in August 2004 in respect of the original privacy judgment.
Olswang partner Geraldine Proudler, who represented MGN, said: "This matter shows what a charade costs recovery by claimants' solicitors acting under a conditional fee agreement can be. It is clear that the court needs to step in and take bold decisions on costs and success fees to avoid injustice to paying parties."