counting money

Burford reinstates dividends after pandemic disruption

Burford Capital is reinstating full dividends after experiencing the “best year in its history”, but the litigation funder’s profit levels have taken a dive. Dividends were scrapped in early 2020 due to uncertainty surrounding the pandemic, during which time the funder suffered from a slowdown in business, but they are now set to return at […]

St Pauls London

Paul Hastings boosts City litigation ranks with Covington hire

Paul Hastings is to further expand its litigation practice in London, with the arrival of a partner from Covington & Burling. The firm is taking on partner Alex Leitch, who has spent six years at its US rival as co-chair of the London dispute resolution group. Leitch moved to Covington & Burling in 2015, when […]

Reed Smith preps 2024 strategy on the back of positive financials

Global profit per equity partner at Reed Smith increased by almost 16 per cent over 2020, as the firm gears up for management elections this year. The metric rose from $1.3m to $1.5m under the leadership of managing partner Sandy Thomas, whose role is up for elections during the summer. The spike towers over PEP […]

DACB seeks to cut time with new onboarding process

DAC Beachcroft is cutting down the time it takes to onboard new clients with a revamped system, as the firm prepares for a more digital environment after the pandemic crisis. The firm is embarking on a pilot to automate the identification and verification steps included in its client acceptance process with the help of a […]