Latest news and analysis from Litigation Tracker, including In Court this Week and Judgments of Note.
A toxic combination of rising costs has put working capital levels under pressure. The gauge will rise as firms adjust to a new tax regime that prevents them from holding onto taxable profits generated by equity partners for almost two years. Traditionally that pot of cash yielded high interest rates and it could be put […]
Listed firms once claimed to be pioneering a new style of firm. But the four outfits currently in this misshapen gang (and former members DWF and Ince Group), have had their fair share of shakes and wobbles. They must satisfy two distinct audiences. On one hand there are equity partners, and on the other the […]
If you haven’t got a head of sustainability, you’re increasingly in the minority. For the last three years, law firms have been jumping on this trend: since 2021, no fewer than 27 firms have appointed a sustainability or ESG leader. Looking at where all these green gurus have come from is an interesting exercise in […]
Law folklore dictates that any indication of a transactional slowdown will see a growth in contentious business. But despite economic fragility, partner hiring has favoured corporate and finance stars rather than litigators for much of 2023. The US firms are, as always, to blame for this. Indicative data from Atlas by Codex Edge shows that […]
Today would have been deadline day for Allen & Overy (A&O). You’ll recall that earlier this month (9 November), the firm was targeted by a cyber-attack. This, it said, was “a data incident impacting a small number of storage servers”. In contrast, the Russian LockBit ransomware group that claimed responsibility, and which is understood to […]
Working alongside seven lawyers, Mondelez’s chief counsel for Northern Europe has a team covering everything from marketing to contracts, to ESG and M&A, at the snack giant.
Simmons & Simmons has developed its own generative AI (genAI) tool, with its workforce encouraged to train up and think about how new technologies can help in their daily life. The firm has called its genAI tool “Percy” – named after one of the twin brothers who co-founded Simmons in 1896. While Percy is powered […]
Hogan Lovells has secured a victory for the London Metal Exchange (LME) after US-based hedge fund Elliott Associates and energy trading company Jane Street Management brought a novel judicial review that sought damages for cancelled nickel trades. On 8 March, an unprecedented spike in the price of nickel during the early hours of trading drove […]
Solicitors are not yet being asked to contribute more to the legal regulator’s compensation fund, despite it already receiving claims worth £33m following the collapse of Axiom Ince. There had been speculation that the Solicitors Regulation Authority (SRA) might need to impose a one-off levy on members to deal with the influx of claims. However, […]
Addleshaw Goddard partners have voted for the firm’s Middle East head to take over from managing partner John Joyce next year. MENA region head Andrew Johnson will step up to the role on 1 May 2024. Based in the UAE, Johnston has spent 10 years at the firm after two years as a partner at […]
The Lawyer has updated security and added new features that can't run on this version of Internet Explorer in accordance with Microsoft's end of life notice for Internet Explorer 11.
Our digital products are fully compatible with all modern internet browsers, including Chrome, Firefox, Microsoft Edge and more. You will need to access The Lawyer in one of these.
If this message continues to display, please check your system settings and change your default browser or contact your IT team.