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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. 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 growth the previous […]

CC

Clifford Chance calls in advisers to rethink property strategy

Clifford Chance has started to invite pitches from real estate agents to rethink its property strategy ahead of its City lease end, The Lawyer can reveal. The magic circle firm has hosted virtual meetings to gather ideas and proposals from agencies across London. Sources said the firm is looking to come up with options ahead […]

High Court

Ukrainian oligarchs fend off $300m claim from Tatneft

Four Ukrainian oligarchs have scored a major victory against oil giant PSJC Tatneft after the High Court today dismissed the claimant’s $300m lawsuit. This verdict follows a 12-week remote trial in the Commercial Court last winter, with Mrs Justice Moulder rapidly turning out a mammoth judgment that criticises Tatneft’s witnesses for being “evasive, unreliable and […]

Twenty Essex snags arbitration silk from Maitland

Commercial set Twenty Essex has brought in an arbitration silk from Maitland Chambers. Andrew Ayres QC has left Maitland after almost 25 years, becoming the latest silk to join Twenty Essex. Ayres is a commercial disputes barrister, with connections abroad, particularly in Asia Pacific and with the offshore community. He has a particular focus on […]

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