Meta class action returns for second bite of the cherry After being told to go away and try again in February last year, class action representative Dr Liza Gormsen is back with her attempt to bring a class action against the Herbert Smith Freehills’ defended Meta. The claim, which is brought by Quinn Emanuel on […]
Ashurst has an ambitious plan for its disputes practice. “There’s an opportunity to increase the size of our team and make a real impact on the market. We’ve got a strategic plan to do that,” Tom Connor, Ashurst’s co-division head of disputes, investigations and advisory, tells The Lawyer. Over the last financial year, Ashurst’s global […]
Russian state-controlled pipeline operator Transneft has had a notification injunction made against it to prevent it from dissipating assets in the latest update to the $13.8bn lawsuit filed by jailed Russian businessman Ziyavudin Magomedov against 22 defendants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more […]
Christmas is a giving time of year, so this week on The Lawyer’s Litigation Tracker, we’re focusing on Winckworth Sherwood’s charities practice. How the firm is structured means that 60 to 70 lawyers work on charity matters at any given time due to its substantial ecclesiastical, property (including social housing) and education practice groups, so it’s […]
Meta class action returns for second bite of the cherry After being told to go away and try again in February last year, class action representative Dr Liza Gormsen is back with her attempt to bring a class action against the Herbert Smith Freehills’ defended Meta. The claim, which is brought by Quinn Emanuel on […]
Ashurst has an ambitious plan for its disputes practice. “There’s an opportunity to increase the size of our team and make a real impact on the market. We’ve got a strategic plan to do that,” Tom Connor, Ashurst’s co-division head of disputes, investigations and advisory, tells The Lawyer. Over the last financial year, Ashurst’s global […]
Russian state-controlled pipeline operator Transneft has had a notification injunction made against it to prevent it from dissipating assets in the latest update to the $13.8bn lawsuit filed by jailed Russian businessman Ziyavudin Magomedov against 22 defendants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more […]
Christmas is a giving time of year, so this week on The Lawyer’s Litigation Tracker, we’re focusing on Winckworth Sherwood’s charities practice. How the firm is structured means that 60 to 70 lawyers work on charity matters at any given time due to its substantial ecclesiastical, property (including social housing) and education practice groups, so it’s […]
Welcome to your last edition of The Hearing for 2023. As we wind down to Christmas, we hope you have enjoyed The Lawyer’s coverage of the UK’s litigation market this year. We will be back when the court term starts in the second week of January, but for now, please enjoy three tales to tell at […]
It has been over four years since the UK first went into lockdown because of the Covid-19 pandemic. That’s four years since the world went crazy and stocked up on toilet roll, since staff had to bundle up their laptops and work on makeshift garden furniture desks, and since most of the nation actually looked […]
We’re all watching eagerly for the changes coming at Allen & Overy on 1 May as its merger with Shearman & Sterling finally goes live. But Addleshaws has its own significant change that day. Next Wednesday, Andrew Johnston will officially kick off his tenure as managing partner with longstanding incumbent John Joyce stepping aside. Addleshaws […]
There’s no doubt that firms are using non-UK growth to power their global figures. Of the 35 Top 50 firms for which The Lawyer has historical global revenue data, all but four saw higher growth outside the UK in the five years since 2019. Included in this group is Herbert Smith Freehillls (HSF), where London remains […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
HSBC has prevailed in the £240m claim against it, which alleged deceit, conspiracy and joint tort-feasance against the banking giant. The case was listed as one of The Lawyer’s Top 20 Cases of 2024 and saw HSBC instruct Norton Rose Fulbright to defend two jointly managed actions being pursued by Edwin Coe and Stewarts on behalf of […]
Today’s savvy General Counsel (GCs) are facing a raft of challenges posed by tech, resourcing, and budget constraints, with in-house teams stretched beyond capacity. While some challenges offer opportunities for GCs to change their organisation’s approach – for example resourcing – how can GCs justify investment in their function when budgets are being slashed? […]
White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]
On Monday, an explosive trial between IBM UK and Swiss software developer LzLabs is set to commence for nine weeks, with Quinn Emanuel and Clifford Chance going head-to-head for their respective clients. Quinn Emanuel-backed IBM brought the lawsuit in 2021, alleging it is “inconceivable” that LzLabs could have developed its rival technology – which can […]
Northern firm Ward Hadaway is actively exploring mergers and expansion opportunities in England as it targets £100m revenue by 2034. The firm generated approximately £48m in the 2023/24 financial year, which means it is looking to grow approximately 100 per cent within a decade. A shorter term target of reaching £75m by 2029 has also […]
