In a new class action in the Competition Appeal Tribunal (CAT), Slaughter and May has been instructed to defend Santander, The Lawyer can reveal. In August, Enfield Labour Councillor and consumer advocate Doug Taylor brought the £1bn class action against Santander, Lloyds Banking Group and MotoNovo Finance. Taylor alleges that consumers were unknowingly charged higher interest rates due […]
Luxury hotels and European designers embroiled in IP wars Bristows and Gowling WLG have been named as the firms going head to head in an IP battle between two European leather goods brands. Belgium luxury leather designer Delvaux Créateur, represented by Bristows, has issued a suit in the Intellectual Property and Enterprise Court again the […]
RPC has taken over the mandate to defend Payward, owner of US cryptocurrency exchange Kraken, in a class action valued between £51m and £9.9bn brought against several crypto businesses. An estimated 240,000 UK investors of cryptocurrency Bitcoin Satoshi Vision (BSV) have claimed to have suffered losses after trading platforms Binance, Bittylicious, Kraken and ShapeShift delisted the BSV token in […]
The $4bn tuna bonds litigation is set to proceed to opening arguments on Tuesday, after a messy opening day today in London’s Commercial Court threatened to derail the three-month trial. More than a dozen silks jousted over disagreements that emerged last week between the Republic of Mozambique and Credit Suisse, represented by Peters & Peters […]
In a new class action in the Competition Appeal Tribunal (CAT), Slaughter and May has been instructed to defend Santander, The Lawyer can reveal. In August, Enfield Labour Councillor and consumer advocate Doug Taylor brought the £1bn class action against Santander, Lloyds Banking Group and MotoNovo Finance. Taylor alleges that consumers were unknowingly charged higher interest rates due […]
Luxury hotels and European designers embroiled in IP wars Bristows and Gowling WLG have been named as the firms going head to head in an IP battle between two European leather goods brands. Belgium luxury leather designer Delvaux Créateur, represented by Bristows, has issued a suit in the Intellectual Property and Enterprise Court again the […]
RPC has taken over the mandate to defend Payward, owner of US cryptocurrency exchange Kraken, in a class action valued between £51m and £9.9bn brought against several crypto businesses. An estimated 240,000 UK investors of cryptocurrency Bitcoin Satoshi Vision (BSV) have claimed to have suffered losses after trading platforms Binance, Bittylicious, Kraken and ShapeShift delisted the BSV token in […]
The $4bn tuna bonds litigation is set to proceed to opening arguments on Tuesday, after a messy opening day today in London’s Commercial Court threatened to derail the three-month trial. More than a dozen silks jousted over disagreements that emerged last week between the Republic of Mozambique and Credit Suisse, represented by Peters & Peters […]
Today, the Competition Appeal Tribunal (CAT) heard the first amalgamation application of its kind, as two separate class representatives sought to merge their claims against Google, represented by Herbert Smith Freehills, to avoid a carriage dispute. Former director of Ofcom, Claudio Pollack, brought his claim against Google in November 2022. Humphries Kerstetter and Geradin Partners represented Pollack, […]
Having lost the money race to their US counterparts, traditional UK firms are clinging on to the fact that they can offer something else: longevity. More specifically, that’s lawyer longevity and the ability for people to spend a large proportion of their career at the firm at which they trained. There are countless partners at […]
Last week’s move of Cahill leveraged finance partner Jonathan Brownson along with two of his colleagues to Latham & Watkins highlights an issue facing several US 50 firms: How to grow. Helpfully, possibly even serendipitously, it comes courtesy of a firm that isn’t even in the US 50. And therein lies the point. Cahill at […]
Danish firm Accura posted its financials last week and in doing so two significant milestones were passed. Firstly, Accura posted a psychologically important 10-digit revenue figure in Danish Kroner for the first time to slightly above 1bn kr (£114.5m) (2022: 863.8m kr (£98.9m)). Secondly, for the first time in Danish legal history all five major […]
Deloitte Legal likes to make a lot of noise about its dabbling in the legal sphere. The 2020 acquisition of Kemp Little was proclaimed as “ground-breaking” by the auditing giant. More recently, the 2023 hire of a four-partner real estate team from Shoosmiths suggested a significant gearshift in its legal operations. Pre-pandemic, such a move […]
Any firm that has occupied the national scene will know that the multiple office network can be politically charged. Management might talk about ‘one firm, one culture’, but most lawyers are aware of a pecking order with London in lead position. The annual promotions season provides a snapshot of how firms are prioritising those networks, […]
Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings have all scored roles on the Co-operative Bank’s £780m sale to Coventry Building Society (CBS). CBS made its cash offer to the banking company after months of exclusive talks between the two parties. As a result, Co-op will be expected to see a mass rebrand of its […]
Skadden Arps Slate Meagher & Flom and McDermott Will & Emery are among firms housed in 22 Bishopsgate that have begun a competition to see who is the most environmentally sustainable tenant in the building. The initiative involves 22 Bishopsgate collecting data concerning heating and cooling, water filtration status, and light usage via the building’s […]
O Romeo, Romeo, wherefore art thou Romeo? Last week, The Lawyer reported that time-poor lawyers are struggling to date in a profession where time is money. Longer hours for junior lawyers, compounded by a waning London dating market, is only adding to the problem. So on this episode of The Lawyer Podcast, editor Catrin Griffiths […]
Let us know how you plan to vote on 4 July as we take the pulse of the legal profession. Take the poll here.
Linklaters is rolling out mandatory training on generative AI (genAI) for staff worldwide in a bid to encourage usage, better support clients and save employee time. The initiative is one of many spearheaded by Linklaters’ head of client tech and AI Shilpa Bhandarkar, who was promoted to partner just last month. The training was created […]
