The Serious Fraud Office (SFO) has withdrawn the arrest warrant it had issued against the chief executive of the Eurasian Resources Group, in the latest development to the agency’s long-running investigation into its subsidiary company ENRC. Last month, the SFO announced that ERG’s CEO Benedikt Sobotka was wanted for alleged refusal to comply to an […]
Lawyers from RPC have had their actions described as falling “someway short of what competent solicitors would have done” as a district court judge in Leeds declined the firm’s application to throw out a professional negligence claim against it. RPC had been advising the founder of tech company Stayput Solutions Deborah Forster during her protracted legal […]
Royal Mail, advised by a team from Ashurst, has been unable to fend off a £50m fine from Ofcom, after an investigation into the business’s practices in 2014 found the delivery giant had “abused its dominant position in bulk mail delivery”. Three-partner firm Towerhouse advised Whistl, then known as TNT, which was trying to break into […]
Mishcon de Reya more than doubled the top line of its New York office over 2017/18, bucking a three-year trend of declining revenues in the firm’s sole office outside of London. Revenues dropped 64 per cent between 2014/15 and 2016/17 from a high of £6.7m to £2.4m. However, the firm’s fortunes reversed in the US in the […]
Ince & Co international senior partner Jan Heuvels has resigned from his role at the firm, six months before the completion of his first term in charge. Heuvels was elected to the role in November 2014, beginning his role the following January. Having resigned from the role, he will now oversee the firm’s growth plan […]
Stewarts is targeting £100m revenue by 2022, despite turnover falling by 20.2 per cent last year after several of its most prominent cases ended in 2016/17. Turnover fell back down to £62.4mn from a high of £78.1m. Double-digit growth at the firm in 2016/17 saw its average profit per equity partner (PEP) outstrip the magic circle […]
Earlier this week, Mishcon became a public player in a toxic battle over anti-Semitism that is threatening to engulf the Labour Party.
Clifford Chance has hired former associate Victor Levy from DLA Piper as a corporate partner into its New York private funds group three years after he left the magic circle firm. Levy began his career with Clifford Chance in 2003, spending nine years as an associate before decamping to DLA Piper as a counsel in June […]
Brick Court Chambers has announced a reshuffling of its clerking structure after its senior clerking vanguard of Julian Hawes and Ian Moyler were replaced by Tony Burgess and Paul Dennison. Hawes will stay on at Brick Court where he will become its director of clerking, while Moyler has left the set after four decades to […]
White & Case has drafted in two new litigation partners from Bryan Cave Leighton Paisner (BCLP) and Cadwalader Wickersham & Taft. International arbitration partner David Robertson has joined the firm from BCLP, while commercial litigation partner Steven Baker will also boost the practice after his arrival from Cadwalader. Baker – whose practice focuses largely on […]
Research from The Lawyer shows that South Square has been instructed by the magic circle on 64 matters since 2015.
A 31 per cent rise in turnover at Kennedys saw the firm’s global turnover rise from £149.9m to £196m, while UK turnover grew 14 per cent from £101.5m to £118m. Much of this growth was attributed to its merger with Manchester-based commercial litigation boutique Berg as well as a rapid expansion programme which saw the […]
