BVI cross-border litigation: The current state of cost recovery

The Legal Profession Act 2015 (as amended) (LPA) introduced significant changes to regulation of the legal profession in the British Virgin Islands (BVI), including restrictions aimed at preventing persons not admitted in the BVI from recovering fees. This article reviews the leading cases on recoverability of fees of non-admitted persons since enactment of the LPA, highlighting uncertainties addressed by the courts and issues that require regulatory intervention.

Latest News

Cooley’s London boss leads three-partner move to Akin

Akin Gump has recruited three of Cooley’s London partners, including its City managing partner Justin Stock. Stock moves to Akin along with Stephen Rosen and David Bresnick. The three focus on transactions with a life sciences and technology element. At Akin, Stock will become the firm’s international head of technology. Both Stock and Bresnick joined […]

CC

City talk: Clifford Chance’s corporate strategy still relies on its banking roots

For elite firms with ties to big banks, the first half of 2024 has been fruitful for corporate transactions. Sainsbury’s banking business was sold to NatWest Group last month, with Linklaters and A&O Shearman advising, while Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings led on Co-operative Bank’s sale to Coventry Building Society in an […]

Mills & Reeve staff set to share in £3m bonus pot

Mills & Reeve’s turnover rose by double digits in 2023/24 to a new record high that has resulted in the firm’s highest-ever all-staff bonus pool of £3m. The firm’s turnover rose by 14.1 per cent to £168m, beating its 2025 strategic target of £150m a year ahead of schedule. The firm has not yet revealed […]

HSF’s profits surge after lull in previous year

Herbert Smith Freehills’s revenue hit £1.3bn over 2023/24, while profits soared by 14 per cent after a small uptick was recorded in the previous year’s results. The firm’s revenue was up 10 per cent from its last financial results of £1.186bn. Profits saw a double digit burst for the financial year, with HSF reporting a […]

Signal Research Reports

Litigation Tracker: Q2 2024 (Judgments)

This dashboard: contains an overview of the judgments at a selection of courts in the UK, Hong Kong, Singapore and Dubai during Q2of 2024. allows you to compare activity at the courts in Q2 2024 against Q1 2023.

UK Top 50 partner promotions

This report includes: analysis of partner promotions at the UK Top 50 firms since 2020 insight into regional promotion trends a look at the progress towards gender parity in partner promotions data on the practice areas experiencing the highest number of promotions.

Cleary Gottlieb: Under the skin of a firm playing catch-up

This report contains: an analysis of the reality of Cleary Gottlieb’s growth trajectory in London since 2014 an overview of challenges faced by the top global firms which are pursuing similar growth strategies a discussion on Cleary’s distinctive practice area mix, highlighting its substantial focus on antitrust cases.

The Nordic 50 2024

This report contains: ranking of the Nordic 50 firms on a headcount basis headcount analysis of the largest firms split into three groups financial and market analysis of the four jurisdictions in the region firm specific data profiles

Litigation team of the year

This report includes: a breakdown of the eight firms shortlisted for the Litigation Team of the Year at The Lawyer Awards 2024 an overview of the case they have been nominated for an analysis of the firms’ larger litigation team

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