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Mishcon de Reya

Ex-Mishcon partner cross-examined in third day of tribunal showdown

Mishcon’s former head of sports stepped into the hot-seat on the third day of tribunal proceedings, as she was questioned about her involvement in making contested payments made from the firm’s client account. Kicking off cross-examination, James Ramsden QC of 39 Essex Chambers, acting for the Solicitors Regulation Authority, delved into Liz Ellen’s role in […]

James Knight, Keystone Law

Pandemic bounce-back fuels Keystone’s half-year growth

Keystone Law’s revenue climbed to £33.7m for the six months ending 31 July, representing a 10.8 per cent increase on its last set of half-year results. This was alongside a significant hike in profit before tax, which in comparison to the first half of the last financial year, leapt by 109 per cent to reach […]

Hogan lovells

Hogan Lovells associates to cash in on firm’s new client scheme

Hogan Lovells is introducing an incentive scheme to encourage entrepreneurialism among its fee-earners, who will be able to gain commission from client work introduced to the firm. The initiative will mean any permanent member of staff across legal and business services will be able to benefit. The Lawyer understands that employees will receive up to […]

Coca-Cola

Tribunal sides with Coca-Cola in dismissing “unintelligible” claim

Coca-Cola has succeeded in striking out a £11.6m competition claim from one of the UK’s largest independent wholesalers. The Competition Appeal Tribunal (CAT) sided entirely with Coca-Cola European Partners Great Britain Limited (CCEP) in a recent judgment, during which it highlighted “serious deficiencies” in the claimant’s case. Forest Fresh Foods Limited (FFF), which reported revenues […]

Informa legal head moves to Hg-backed tech fund

Informa’s head of legal for EMEA and APAC has taken on a new global general counsel role at FE Fundinfo. Lisa Maxwell is set to join Fe Fundinfo, a global fund and technology company backed by private equity house Hg Capital, as GC on 27 September. She will be the first GC, and lawyer, at […]

SRA takes aim at ex-Mishcon partner in latest tribunal bout

The Solicitors Regulation Authority shifted its attention towards Liz Ellen on the second day of tribunal proceedings, with the regulator criticising the former Mishcon de Reya partner for a “deeply unattractive” change in position. Opening submissions from the SRA’s counsel, James Ramsden QC of 39 Essex Chambers, heaped pressure on Ellen when referring to allegations […]

fraud

4 New Square granted final injunction in cyber attack litigation

4 New Square has been granted judgment in default in its ransomware dispute, following a cyber attack this summer. After the set’s hacker failed to engage with proceedings, the Queen’s Bench Division of the High Court issued a final injunction that prohibits the anonymous defendant from using, publishing or communicating the information obtained from a […]

Horizon

The Lawyer's daily analysis of the legal market, bringing you emerging trends informed by our latest data. Read the most recent posts here

Linklaters

Linklaters’ new boss is everyone’s friend – for now

After two elections in quick succession, Linklaters anointed senior partner Aedamar Comiskey and managing partner Paul Lewis as the next leaders of the firm over the summer. Both announcements ensure that power once again stays in the hands of the London office, after Comiskey’s defeat of Milan-based Claudia Parzani and Lewis’ most recent win over […]

Rolls Royce

City duo guide Rolls Royce and Babcock’s £315m disposal

Ashurst and CMS have acted on Rolls Royce and Babcock’s £315m sale of their respective stakes in re-fuelling business AirTanker Holdings. The businesses own a combined 40 per cent of AirTanker, which they have sold to Equitix Investment Management as part of a wider divestment operation. Rolls Royce intends to raise at least £2bn from […]

william hill

Linklaters and Latham seal £2.2bn sale of William Hill’s international operations

Linklaters and Latham & Watkins have acted on Caesars’ £2.2bn sale of William Hill’s non-US business to 888 Holdings, following a hotly-contested three horse race. Caesars Entertainment owns William Hill’s brand, its high street betting shops in the UK and online gambling operations throughout Europe by way a takeover of the British bookmaker just under […]

Goldman Sachs

City trio lead on Goldman Sachs’ proposed IPO of Petershill Partners

Freshfields Bruckhaus Deringer is among the firms acting on the £3.6bn flotation of Petershill Partners, an investment group backed by Goldman Sachs. Freshfields ECM partner Julian Makin is leading for Petershill, alongside senior associates Ethan Magid and Tom Godwin, and co-head of international capital markets David Ludwick on the US side. Meanwhile Fried Frank Harris Shriver […]

skyscraper city offices

City trio lead on Apex £1.5bn takeover of Sanne Group

Kirkland & Ellis, Willkie Farr & Gallagher and Addleshaw Goddard have won the top roles on Apex Group’s £1.5bn takeover bid for alternative asset fund administrator Sanne Group. Apex trumped private equity house Cinven’s £1.4bn offer, after it made a fifth, unsolicited bid for the business at 875p a share in June – valuing it […]

morrisons

Clifford Chance clinches Morrisons takeover for PE client

Clifford Chance and Debevoise & Plimpton look set to have sealed Clayton Dubilier & Rice’s (CD&R) acquisition of Morrisons, following a fierce fight for the supermarket giant. The magic circle firm led the US private equity group with a multidisciplinary led by PE and global relationship partner Simon Tinkler, corporate partners Steven Fox and Katherine […]

Cobham

City trio lead on Cobham’s £2.6bn takeover

Slaughter and May, Kirkland & Ellis and Ashurst are lined up on Cobham’s £2.6bn acquisition of UK defence manufacturer Ultra Electronics Slaughters is advising longstanding client Ultra, with a team headed by corporate partners Simon Nicholls and Christian Boney. Partner Lisa Wright is advising on competition matters, with partner Phil Linnard on employment and partner […]

exit

Mishcon arbitration partner exits for Taylor Wessing

Less than a week after partners voted in favour of an IPO, Mishcon de Reya is set to lose its head of international arbitration to a City rival. Karel Daele is making the move to Taylor Wessing, The Lawyer can reveal. He had joined Mishcon in 2013 from Tanzanian firm Mkono & Co Advocates, as the […]

Paris Arc de Triomphe

Goodwin strikes Dechert again to boost Paris ranks

Goodwin has hired a new partner from Dechert to bolster its life sciences and tech practice in France. Intellectual property partner Marie Fillon will work with Paris-based technology and life sciences partners Anne-Charlotte Rivière, Thomas Dupont-Sentilles and Benjamin Garçon. Rivière was also hired last April from Dechert to kickstart the practice. An expert on IP […]

Ex-A&O partner resurfaces at Stephenson Harwood

Stephenson Harwood has bolstered its London restructuring and insolvency team with the hire of a former magic circle partner. A non-contentious finance lawyer, Allen & Overy’s Tim Crocker has been working on complex debt restructurings and insolvencies for over two decades. He was made up to partner at the magic circle outfit in 2012, resigning over […]

Simpson Thacher

Simpson Thacher hires seven-strong group for new restructuring practice

Simpson Thacher & Bartlett has recruited a team of seven associates from magic circle and US firms to support the growth of its new restructuring practice in London. The hires mean that the restructuring team now numbers 10 lawyers in the London office. In February, The Lawyer revealed that Simpson Thacher had hired two partners […]

milan

Linklaters hires DLA Piper team in Italy

In a boost for its real estate group in Milan and Rome, Linklaters has added a new team from DLA Piper. The magic circle firm has recruited Francesco De Blasio as its new practice head in the country, having been promoted to DLA’s partnership in 2012.  He is joined by fellow DLA lawyers Francesco Macrì […]

exit

HSF real estate partner exits for Freeths

Herbert Smith Freehills (HSF) is losing yet another partner in its London office, with Freeths picking up a member of its real estate team. Alice Dockar’s departure comes after almost two decades at HSF, six of which has been as a partner after being made up in 2015. She will be joining Freeths as a […]

High Court

A&O loses out in €573m debtor dispute

Quinn Emanuel Urquhart & Sullivan has toppled Allen & Overy in a High Court battle over sensitive information relating to a €573m loan. The dispute centred on whether Irish lenders Emerald could obligate borrower Cassini under a senior facilities agreement (SFA) to provide information about its financial condition, assets or operations to the creditor’s agent, […]

Mishcon de Reya

Mishcon strikes £150m litigation funding deal with Harbour

Mishcon de Reya is partnering with Harbour to launch a £150m litigation fund, The Lawyer can reveal, which will be used to finance disputes for the firm’s clients. The fund is the result of lengthy preparations and a well-established partnership with Harbour, which has already invested $200m in recent Mishcon cases, such as Hiscox, RBS […]

Gateley tees up £20m litigation finance pot

Gateley is preparing to enter a £20m litigation funding facility to help finance long-term disputes. The portfolio has been arranged with Bench Walk Advisers, with the two parties understood to be gearing up for an imminent agreement that will start during the next financial year. The Lawyer understands that discussions have been ongoing between the […]

Mastercard

Mastercard saga rumbles on as funding costs reach £45m

Walter Merricks’ opt-out class action brought on behalf of 46 million consumers is set to proceed after the Competition Appeal Tribunal (CAT) formally granted permission. Confirmation of the UK’s first Collective Proceedings Order was established in a judgment from the CAT on Wednesday, which followed last year’s Supreme Court verdict in December. The Supreme Court […]

fraud

City firms warn Bar: Get better at stopping cyberhackers if you want our business

Barristers chambers are coming under increasing pressure from law firms to assess their security protocols after a series of cyberattacks on commercial sets. The Lawyer has learned that calls and questionnaires are being directed towards chambers as firms look to reassure clients that enough is being done to protect their sensitive information. This follows breaches […]

fraud

Second set of City chambers hit by cyberattack

3VB has become the latest commercial set to be hit by a cyberattack, The Lawyer can reveal, less than a month after 4 New Square was also targeted. It is understood that the breach occurred on Friday, with 3VB subsequently informing many of its clients that the incident has taken place. The set is still […]

exit

Essex Court hits Freshfields for QC hire

Freshfields Bruckhaus Deringer‘s global head of public international law has left the firm to join Essex Court Chambers. Ben Juratowitch QC is making the move to the Bar after 13 years at the magic circle firm, nine of which were spent as a partner. Based in Freshfields’ Paris office, Juratowitch was called to the Bar […]

4 New Square struck by ransomware attack

One of the City’s leading sets of commercial chambers is reassuring clients after it fell victim to a cybersecurity incident, The Lawyer can reveal. The ransomware attack, which targeted 4 New Square, affected roughly six per cent of the set’s instructing solicitors over the past five years, although its members were able to continue working […]

Italy flag

Global verein founded by Fidal and Luther expands to Italy

A newly-created global verein, led by two of the largest European firms, has added an Italian player as its third member. Italian law firm Pirola Pennuto Zei & Associati has joined as the Italian member firm of unyer, a global multi-disciplinary platform founded by the largest French firm Fidal and Germany’s Luther in May 2021. […]

Goodwin raises German pay after UK salary bump

Goodwin has raised its associate salaries in Germany by 25 per cent, The Lawyer understands, after similar increases in the UK. The firm’s first-year associates, a category that corresponds roughly to newly-qualified lawyers, will see their package go up from €130,000 to €160,000. Last July, Goodwin raised its NQ salaries in London by 6 per […]

Taylor Wessing eyes big pharma investment as Dublin hub launches

While many firms have placed competition and regulatory at the heart of their Dublin strategy, Taylor Wessing has said its new office will focus on picking up new tech and life sciences business as private equity interest grows. The firm recently hired Adam Griffiths to lead the new operations, who was previously a member of […]

Singapore

McDermott hits Squires again for three-lawyer Singapore team

McDermott Will & Emery has hired a three-lawyer team from the Singapore office of Squire Patton Boggs, the second strike at its US rival in six months. Corporate partner Alfred Chia has made the move alongside counsels Dawn Tan and Melissa Kwek. Chia is understood to have left his previous firm three months ago and […]

Latest Briefings

Focus on COP26: The future of affordable living

The hosting of COP26 in Glasgow this year shines a spotlight on the UK in relation to sustainability performance, applying more pressure on organisations to demonstrate their green credentials and to encourage the development and usage of sustainable technologies in the race to net zero.

Securing the UK’s role as a green financial hub

Ahead of COP26 in Glasgow in November, Cornwall Insight and TLT sought to analyse stakeholder views on the UK’s prospects of securing its role as a green finance hub, and the associated policy and regulation.

Patent FAQS for Canadian SMEs

You have created something innovative for your small or medium-sized enterprise – now what? You want to ensure you’re legally protected to the greatest extent possible, but navigating Canadian and international intellectual property laws can be difficult.

There is such a thing as a good divorce

The idea of divorce often still conjures images of warring spouses and courtroom showdowns. However, although almost all separations will be emotional, bitter fights over finances and access to children are not the inevitable outcome of a separation and there is a growing trend for parties to turn to services which offer a less combative approach to separations. Take Bill and Melinda Gates for example, they are the latest high-profile pairing to divorce with seemingly minimal fallout.

Data protection act enters into force in the BVI

On 9 July 2021, the Data Protection Act, 2021 (the DPA) came into force in the British Virgin Islands. The DPA applies to all BVI companies, limited partnerships and other entities that process, have control over or authorise, the processing of, personal data anywhere in the world.

BVI court has the power

In the recent decision of the BVI Commercial Court in Hydro Energy v Zhaoheng, the court continued the appointment of provisional liquidators and refused to stay the underlying application to wind up a BVI company on just and equitable grounds, notwithstanding that the applicant had already commenced arbitration proceedings in Hong Kong pursuant to which interim relief had already been granted.

Best practice guides

1

Speaking the same language: knowing your brand’s tone of voice

Think about those nearest and dearest who you communicate with regularly. WhatsApp, text messages, emails; we’re using written communication more than ever. And through these forms of communication, you quickly become familiar with your friends and family members’ individual tone of voices. We’ve all got that one friend who sends the message staccato style, in […]

Presentation for lawyers: Have you become the devil your customers know?

Google ‘habit’ and you will be told that it is an involuntary behaviour controlled by the subconscious mind, which governs 40 – 90 per cent of an individual’s behaviour. While we tend to fixate on our bad habits, we don’t often conduct an appraisal of our general habits which, it is generally agreed, break down […]

On-demand webinar: Where do you start? How to successfully integrate tech into your team

With such varied and prolific discussions around adopting tech in law, it can be difficult to understand how and where it fits into existing teams. Financial services companies are under great pressure to drive efficiencies and innovate but it’s not always clear as to how they can do this. This session explores the opportunities that tech and innovation can bring to legal teams through inspiring examples and real-life experiences shared by the panel.