PhosAgro

The Hearing: PhosAgro could be one of the last oligarch showdowns

Welcome to this week’s edition of The Hearing, your weekly insider’s guide to the UK litigation market. This week, the UK Government wants more people to say they’re sorry, while we consider Monckton Chambers’ strange collection of celebrity tenants. But first, Monday saw the opening day of another Russian oligarch mega-battle in London’s Commercial Court. […]

Dentons

Dentons boosts London office with bumper promotions round

Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]

Freshfields promotions 2024: Six make the cut in London

Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]

Money group

Costs management: firms need to do better

Costs management has been in place for nearly 11 years now. Few commercial litigators have expressed much love for it but last year’s report of the Civil Justice Council’s costs working party made clear that it is not going anywhere. Headed by Lord Justice Birss, the deputy head of civil justice, it said costs budgeting […]

catching up race

Slaughters and Linklaters can breathe a huge sigh of relief

Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]

Post Office Inquiry live blog: what will the lawyers say?

Scores of lawyers are set to take the hot seat over the coming months as the Post Office Horizon IT Inquiry looks deeper into the conduct of practitioners involved in the private prosecutions of sub-postmasters and of the group litigation that saw 555 sub-postmasters take their case to the High Court. As in-housers, private practice […]

catching up race

Slaughters and Linklaters can breathe a huge sigh of relief

Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]

File claim

The SRA is on the ropes

On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]

Copenhagen, Denmark

Some firms have all the luck

For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]

Analysis

Beyond the Bubble: Inside Brabners’ new strategy

North West: As revealed in The Lawyer on Tuesday, Brabners has kicked off a new three-year strategy. The last one certainly paid dividends, and newly-reelected managing partner Nik White was in ebullient spirits when he talked to Beyond the Bubble earlier this week. “It’s the power of 24,” he says cryptically, before explaining that “it […]

2024’s newest silks: Why we chose a career in law

A solicitor-turned-barrister and the Bar’s newest doctor KC; The Lawyer speaks to six of the Bar’s newest silks. The group was announced as KCs-in-waiting earlier this year, with 95 barristers in total getting the nod. Among the 95 were Crucible Law’s Clea Topolski – who having been called in 2014 – is the most junior of the set. […]

Latest Lateral Hires

London towers, office City

Goodwin funds partner lines up Debevoise move

Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]

Latest Opinion

law school library

Unlocking opportunities: Why universities must embrace the SQE

The legal landscape in England and Wales is rapidly transforming with the introduction of the Solicitors Qualifying Exam (SQE). This shift in the qualification process for legal professionals is reshaping the traditional route to becoming a solicitor, and by 2032, all existing routes will be officially phased out, making it the sole option for aspiring […]

In-house

barclays

Barclays exodus: 44 lawyers leave as strategic overhaul kicks in

Barclays lost 44 lawyers in its legal team over 2023, almost four times the average number of leavers across the UK’s top banks. The banks with the second highest number of leavers is tied between HSBC and NatWest, with 12 lawyer exits each, according to indicative data. On the other end of the scale, Royal […]

Zurich

UBS and Zurich swap lawyers in new secondment scheme

Two Swiss powerhouses have collaborated to offer their in-house legal teams a two-way secondment programme. Private bank UBS and insurer Zurich Insurance have agreed to swap two secondees each for a three-month placement. Intakes happen in the spring and autumn of each year, meaning that four secondment swaps occur per year. The programme is spearheaded […]

SocGen

Société Générale GC exits after 17 years

European bank Société Générale has lost its general counsel after 17 years at the business. Sarah Linstead has announced that she has left the bank for financial services firm TP ICAP as general counsel for EMEA. Lindsay Sides, chief operating officer in the London legal department at Société Générale, has stepped up to fill the […]

Santander

City firms bag spots on Santander’s shrunken roster

Santander has cut its UK panel by five following the bank’s latest review of its roster. Originally a panel of 19, the roster of firms has been cut to 14. Firms that have made the cut include Slaughter and May and Allen & Overy, as well as Hogan Lovells and Addleshaw Goddard. A source told […]

Latest Litigation Tracker News

In court this week: SKAT, oligarchs and anti-suits

Mammoth SKAT case finally hits Commercial Court for longest-ever hearing The Danish Customs and Tax Administration (SKAT) begins its trial in the Commercial Court today (15 April), marking what is due to be the longest scheduled hearing in the Court’s history. One of The Lawyer’s Top 20 Cases of 2024, the 12-month trial will tackle […]

document assess inquiry

Spotlight: Hogan Lovells and its high-stakes investigations

This week on Spotlight, we take a look at the global investigations, white collar and fraud (IWCF) practice group at Hogan Lovells.  Hogan Lovells’ investigations, white collar and fraud practice: Globally, the practice group holds over 120 lawyers and operates in the UK, the US, Germany, Spain, France, China, Indonesia, Singapore, Australia, Mexico and Brazil.  Many lawyers […]

fintech mobile phone

Kirkland and Reed Smith lead as key FRAND case settles

Kirkland & Ellis and Reed Smith have taken leading roles in the settlement of the UK’s first “implementer-led” Fair, Reasonable and Non-Discriminatory (FRAND) action. The settlement was reached on 4 April and decided via a Tomlin Order, rendering the details of the parties’ settlement confidential. A first instance trial was set to heard tomorrow (12 […]

Talent

“Sometimes specialising opens up more doors than it closes.”

Name: Matthew Merkle Organisation: Paul Weiss Rifkind Wharton & Garrison Role: Partner and head of European capital markets Based: London Trained at: N/A (US-qualified lawyer) Year qualified: 2009 What’s your most vivid memory from being a trainee/pupil? As a junior associate in New York, my most vivid impression was a sense of being overwhelmed by […]

law school library

Unlocking opportunities: Why universities must embrace the SQE

The legal landscape in England and Wales is rapidly transforming with the introduction of the Solicitors Qualifying Exam (SQE). This shift in the qualification process for legal professionals is reshaping the traditional route to becoming a solicitor, and by 2032, all existing routes will be officially phased out, making it the sole option for aspiring […]