The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
A bizarre anomaly in Guernsey in which winning parties' costs awards were linked to fixed rates set 12 years ago has been removed
Until the change parties were entitled to costs up to 700 per cent lower than they would have been if awards were in line with inflation.
The island's Court of Appeal, which maintained the anomaly for over a decade despite protests from lawyers, reformed the system after its decision in Stuart-Hutcheson v Spread Trustee Company.
In this case, under the Court of Appeal's old rules, the trust beneficiary would have been awarded just £1,100. But this was hiked to £7,600 after the anomaly was pointed out; the court then index-linked its costs, a step the island's Royal Court took in 2000.
The decision of the court in Stuart-Hutcheson came from the fact that the winning party, a trust beneficiary, acted properly in bringing the case to court, and should not be out of pocket, which he would have been if awarded costs at the 1991 level.