TL 17 February 2014

sword in stone
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Litigation funding: Cutting up rough

The Excalibur fiasco has exposed the failings in third-party funding. Can the Association of Litigation Funders strike through the shambles? The first rule of third-party litigation funding is you don’t talk about third-party litigation funding. Once billed as a boon for access to justice, it has morphed into an under-reported and deregulated high-stakes game occasionally landing claimants […]

Katie Dowell

Third-party funding still too murky

Most City litigators would have heard from third-party funders about the virtues of this market in recent years, but how many are taking them seriously? Try as they might, this is a sector that is struggling to take root. It’s a sector riddled with contradictions, as reporter Kate Beioley reveals in her investigation of the […]

manchester
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Linder Myers: Dangers of a legal fast-food diet

Linder Myers’ demise shows how buying firms cheap can be costly Manchester’s Linder Myers has spent the past few years acquiring distressed assets, but now the firm is on the hunt for a rescue merger to pull it back from the brink. On 6 February Linder Myers filed its intention to appoint administrators at Manchester […]

America USA flag States

USA: No country for HSF middlemen

 Corporate team goes straight to clients in the US If you can’t beat ’em, join ’em – that seems to be the Herbert Smith Freehills’ (HSF) corporate team strategy when it comes to tackling the US market. The firm is making a concerted effort to integrate its litigation and corporate teams, but the two sides […]

Levine

Moves 17 February

Move of the week Simon Levine is to take over the reins from Sir Nigel Knowles at DLA Piper as new co-CEO. Levine, the firm’s present managing director for groups and sectors, is the former head of DLA’s IP and technology practice group. UK London Ex-Berwin Leighton Paisner (BLP) employment head Fraser Younson will join […]

move

Facilities management: Agents of change

The office environment can make or break a merger. So what is the formula for this function’s success? The office environment can cause most grief than any other issue, particularly post-merger. “Facilities management and property costs are the second highest expense for most law firms,” highlights Pinsent Masons senior facilities manager Dave Ash, who was […]

(l-r) Ralf Jansen, David Eatough

In-house interview: European Stability Mechanism

What comes to mind when you think of a lawyers’ paradise? Maybe a world where clients pay what you ask without quibbling, or where your board grants you all the resource you need to meet their needs and you have a great work-life balance? If you ask Ralf Jansen, general counsel of the European Stability […]

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