The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.
Counsel to the Saville Inquiry Christopher Clarke QC has earned £3.7m for six years’ full-time work, much less than the former doyen of the commercial bar could have made from sticking to heavyweight City cases.
Clarke, head of Brick Court Chambers, is still the biggest individual earner on the Bloody Sunday Inquiry, close-ly followed by 39 Essex Street’s Edwin Glasgow QC, who has made £3.3m acting for the soldiers for the last four years.
Glasgow has even declined inflationary increases in his fees due to the large amount of public money spent on the inquiry and the negative sentiments this has engendered.
The pair’s earnings are dwarfed in comparison with the £3m brief fee paid to Gordon Pollock QC of Essex Court for preparing the ongoing BCCI liquidators’ case against the Bank of England.
A new breakdown of solicitors’ and barristers’ fees for the Saville Inquiry reveals that lawyers’ earnings have now reached £52.1m, with Eversheds making £12.6m, principally for taking witness statements.
Payne Hicks Beach and Devonshires, which are both acting for former soldiers, have made £2.5m and £1.6m respectively.
Ian Paisley’s hardline Democratic Unionist Party (DUP) is decrying the legal fees as a waste of money.
“We knew this would happen when we learnt that legal fees were not going to be capped,” DUP member for East Londonderry Gregory Campbell said.