A costs award has been awarded against Addleshaw Goddard in an ongoing professional negligence dispute with a former client in Scotland. A judge ruled last week that Arthur Holgate & Son (AH&S) should be awarded £86,240, just weeks after The Lawyer reported that Addleshaws had failed to challenge the jurisdiction of the claim. The firm is […]
US law firm Scott & Scott has filed a collective action claim in the Competition Appeal Tribunal (CAT) against six banks, alleged to have manipulated the forex market after the 2007 financial crash. Claim forms for the US style opt-out group action were filed to the CAT this morning. The case focuses on the same […]
The cost of a no-deal Brexit on the UK’s legal sector would be £3.5bn, The Law Society had calculated. The figure is released as part of the Society’s UK-EU future partnership and legal services report. “According to our estimates, the volume of work in legal services would be down £3.5bn – nearly 10 per cent […]
Anti-Brexit campaigner Gina Miller has again called on Mishcon de Reya and Blackstone Chambers to fight against any move to close down Parliament and push through a no deal. Miller has handed the mandate to Mishcon partner James Libson, who in turn has instructed Blackstone’s Lord Pannick QC and Tom Hickman The firm sent a letter […]
A costs award has been awarded against Addleshaw Goddard in an ongoing professional negligence dispute with a former client in Scotland. A judge ruled last week that Arthur Holgate & Son (AH&S) should be awarded £86,240, just weeks after The Lawyer reported that Addleshaws had failed to challenge the jurisdiction of the claim. The firm is […]
US law firm Scott & Scott has filed a collective action claim in the Competition Appeal Tribunal (CAT) against six banks, alleged to have manipulated the forex market after the 2007 financial crash. Claim forms for the US style opt-out group action were filed to the CAT this morning. The case focuses on the same […]
The cost of a no-deal Brexit on the UK’s legal sector would be £3.5bn, The Law Society had calculated. The figure is released as part of the Society’s UK-EU future partnership and legal services report. “According to our estimates, the volume of work in legal services would be down £3.5bn – nearly 10 per cent […]
Anti-Brexit campaigner Gina Miller has again called on Mishcon de Reya and Blackstone Chambers to fight against any move to close down Parliament and push through a no deal. Miller has handed the mandate to Mishcon partner James Libson, who in turn has instructed Blackstone’s Lord Pannick QC and Tom Hickman The firm sent a letter […]
Two months since it lured four partners from Taylor Wessing’s life sciences and technology team, Goodwin’s London office has secured another hire to the group from Orrick Herrington & Sutcliffe. Ali Ramadan, who will join the US firm’s office today, has advises on venture capital, cross-border M&A and private equity transactions for technology businesses. His clients […]
The latest newly-qualified (NQ) salary rise from Freshfields Bruckhaus Deringer still managed to raise interest last week, despite the fact enormous pay hikes are the new normal these days and that even £150,000 isn’t unusual any more (as of last week, Quinn’s £180,000 tops the market alongside Gibson Dunn). But it is still significant because […]
European firms see more value in having a physical office in the Square Mile than they do in the Big Apple. Last week, Spanish firm Uría Menéndez became the latest to shut up shop in New York, having been there for 30 years. Uría was the final member of Slaughter and May’s fabled Best Friends […]
Thanks to Paul Weiss, Skadden and Kirkland & Ellis (but mainly Paul Weiss), Linklaters has a few empty chairs at Silk Street. One way a firm can replenish its ranks is through lateral hiring – enter Travers Smith corporate partner Richard Spedding – or internal promotions. Last month, a total of 14 lawyers were made up […]
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
In October 2018, the journalist and critic of the Saudi Arabian regime Jamal Khashoggi was murdered and dismembered in the Saudi consulate in Istanbul. The international reaction was swift. Dozens of major organisations, including HSBC, Ford and JP Morgan Chase, dropped out of the planned “Davos in the Desert” Saudi investment summit. “We are going […]
Clarke Willmott is assessing the environmental footprint of its offices, with the firm collecting information on its staff’s route to work and an expected relocation in Cardiff. The firm is gathering data from its employees to improve the accuracy of emissions data that the firm holds. A survey has been created with the firm’s consultants, […]
An Osborne Clarke partner is being referred to the Solicitors Disciplinary Tribunal (SDT) following a formal complaint made by Clifford Chance’s former UK tax head. In July 2022, ex-Clifford Chance partner Dan Neidle made headlines for a series of posts on the tax arrangements of leading Conservative politicians, including Nadhim Zahawi. He claimed that Zahawi had […]
Simmons & Simmons represented Barclays Bank in an $150m anti-suit and anti-enforcement injunction against Russian state investment bank, VEB. VEB was founded in 1922 as the first international bank of the USSR, and since 2018 it has been chaired by the country’s former deputy prime minister under Putin, Igor Shuvalov. The bank was represented by […]
Quinn Emanuel Urquhart & Sullivan has increased its salary for newly-qualified solicitors (NQs) to £180,000. The US disputes specialist’s other associate salaries will also rise when the move takes effect from June. A 1 PQE associate is set to be paid £195,000, while a 2 PQE associate will be on £220,000. For 6 PQE associates, […]
Quinn Emanuel Urquhart & Sullivan has lost its UK head of competition, a year and a half after he joined the firm. Lambros Kilaniotis left the firm in April, having joined Quinn from RPC (where he was head of competition) in January 2023 to co-head Quinn’s UK competition practice with partner Kate Vernon. In a […]
