Crunch-busting magic circle ups fees by half

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Latest Briefings

Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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David Stewart

Olswang bulks up arbitration and construction with Bakers hire

Olswang has added to its London international arbitration and construction practices with the hire of a partner from Baker & McKenzie’s Hong Kong office. Andrew Aglionby will move to London to join the firm on 1 October. At Baker & McKenzie he was a partner in the firm’s Hong Kong dispute resolution group, as well […]

Herbies’ melting pot

Way back in the less enlightened days of 2008, Herbert Smith was already doing its bit for a better society when it began providing “cultural integration” courses for associates (see story). The fact that most of those singled out for cultural adjustment (sorry, integration) were drawn from Herbies’ Indian network was surely purely coincidental? Things […]

1

US firms enjoy improved fortunes in French market

Two-thirds of the top US firms in France saw their revenues rise last year and, according to research by Juristes Associés, a total of 12 US firms made it into the country’s top 50 firms by turnover in 2009-10. Latham & Watkins remains way ahead of its rivals after posting a turnover of e90.3m (£75.31m), […]

The billing bounce

So much for the pressure on pricing. So much for a paradigm shift in the business of law. Today’s astonishing findings from costs lawyer Jim Diamond (see page 4-5) shed an entirely new, and in some quarters probably not entirely welcome, light on the past couple of years’ trading environment for the UK’s leading lawyers. […]

Debevoise beefs up London practice with Travers hire

US firm Debevoise & Plimpton has expanded its London private equity practice with the hire of Travers Smith partner David Innes. Innes departs after a decade at the City firm, where one of his key relationships was with private equity house Bridgepoint Capital, which he advised on its £955m sale of retailer Pets at Home […]

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