By Athanasios Papadas Third-party funding (“TPF”) has gained traction in several Canadian jurisdictions. An increasing number of counsel and parties alike appreciate the value of non-recourse legal financing and its role in alleviating financial burden and mitigating risk. Thanks to these and other advantages of TPF, it is no surprise that parties engaged in (voluntary […]
By James Foster Recently I attended the annual Dubai Arbitration Week. Having spent 12 years working in the region as a senior lawyer, I’ve joined this and similar events over many years. But this was my first visit to the event in the role of litigation funder. This new perspective opened my eyes to the […]
By Neill Brennan Virtually every business has used some form of finance, whether it be equity or debt. Typically, CFOs play a critical role in determining optimal capital structure, looking at sources and uses of funds. Rarely however are opportunities presented to CFOs to turn a potentially costly liability into a beneficial asset. Litigation funding […]
By David Walker, Investment Manager (Solicitor) for Augusta Ventures According to Pythagoras: “The oldest, shortest words – ‘yes’ and ‘no’ – are those which require the most thought.” Litigation funders would wholeheartedly agree when deciding whether or not to fund a case. As the largest funder in the UK by volume of claims funded, Augusta […]
In a climate of political and economic uncertainty, TPF can take the burden of funding litigation away from business clients, with the market now expanding beyond only larger-scale cases
An increasing number of businesses are choosing to return to the physical office, whether that be once or twice a week, or full time. Either way, it is vital that employers ensure that the work environment meets the strict health and safety standards necessary in order to avoid outbreaks of COVID-19 amongst staff members. This […]
Our 2020 law firm survey, developed in association with The Lawyer, reveals many law firms were ill-prepared for the seismic shock from the coronavirus outbreak. The crisis has cast an uncomfortable light on firms with poor financial management or without the necessary technology infrastructure. The pandemic already appears to be widening the gap between law firms, with some now under real pressure.
The difficulties with court listings and the inability to hold hearings in a normal fashion has now been underway for 6 months. The recent guidance set out in ‘The Road Ahead’ shows there is no likelihood of that changing in the near future. This means there has had to be a reconsideration of what delays are acceptable and what reasons are sufficient to delay final decisions being made for children.
Whilst we have very quickly become familiar with the “rule of six”, regulations come in to force today placing a further legal obligation on businesses in England that serve food for consumption on the premises to ensure that, save for in limited exceptions, bookings of more than six people are not accepted.
As another week draws to a close, in a time when every day seems to bring unexpected – and often unwelcome – news, the landlord community is reeling – albeit perhaps largely in a somewhat unsurprised and resigned fashion. This is due to the latest announcements from the government affecting the commercial landlord and tenant relationship.
Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.Find out more
DWF has hired an insurance team from Keoghs to spearhead the opening of a new UK office. The firm has taken on 13 lawyers who will populate the firm’s eleventh outpost in the country, located in Southampton. Keoghs partners Rachel Coombs, Sarah Parker and Stuart Giddings join alongside ten other members of staff who specialise […]
Eversheds Sutherland has recruited a former Barclays director to map out a growth strategy for its banking practice and deepen the firm’s relationships in the industry, as financings driven by the pandemic are set to generate a new spate of work. Ian Tetsill will become head of the debt finance strategy within the firm’s banking and […]
Two former Linklaters and Simmons & Simmons lawyers, who banked $10m with the sale of their proofreading business, have launched another venture that has attracted a $1.2m investment from magic circle and US firms. Stephen Scanlan, formerly a supervising associate at Simmons & Simmons, and Travis Leon, a law school friend and then a corporate […]
As the election process at Freshfields Bruckhaus Deringer continues, candidates are starting to showcase their own campaigns, with a view to overhauling a central aspect of the firm’s remuneration structure. Asia managing partner Georgia Dawson, who has officially entered the race, is understood to have focused her campaign on changing the firm’s lockstep. The disputes […]
Brown Rudnick has hired yet another partner to its global restructuring team, with Tony Horspool set to join the US firm’s London ranks. Horspool will join up with Brown Rudnick’s corporate restructuring and special situations team in the capital, following the hire of Richard Obank and Colin Ashford who defected from DLA Piper at the […]
Weightmans has said it will pay its staff their full salary after making cuts earlier in the year, while also deciding to reinstate distributions from October. From June, the firm’s employees took, on average, an 11 per cent salary reduction, which Weightmans said would be reviewed at the end of October. From 1 September however, […]