But don’t expect it to last. As we report today (see story), the UK’s litigators are gearing up for one of the busiest years on record, adding more weight to a market that has already mushroomed by 50 per cent over the past five years.
One of the recurring themes in cases this year will be costs. Check out our back page story, where 13 Old Square Chambers clerk Warren Lee is profiled (see story). Lee recently celebrated 50 years at Lincoln’s Inn and recalls a time when “most trials would last between an hour and half a day”.
Technology has changed all that, something that will no doubt feature prominently in Lord Justice Jackson’s year-long review into civil litigation costs in England and Wales when it is published later this week.
Meanwhile, in case you missed it, a rare old row has broken out between Milbank and Hengeler Mueller. The US firm has just hired an M&A partner from the German blue blood, in itself a rare event.
But it is the statement put out by Hengeler that tips this story into the realm of the bizarre. Click on the link to read more (see story).
Also on TheLawyer.com: Dentons expands its African network with an exclusive association with Libyan firm Tumi Law Firm; offshore firm Appleby to open in Guernsey by the spring after poaching four partners from rival firm Ozannes; and Withers looks to create global network.