Issues

Costing it out

Plebgate has put the issue of cost budgeting right at the top of the agenda. Shame, then, that our survey of in-house lawyers uncovered their irritation at law firms’ inability to estimate litigation costs. For more on this, don’t miss our Global Litigation 50 report next week. Clients rail against botched litigation budgets CoA could […]

Chinese investment picking up speed

UK prime minister David Cameron’s current visit to China could potentially see China investing in the hotly-debated $50bn High Speed 2 rail line project, and Chinese investment into the UK picking up speed in general. But even before Cameron’s trip, Chinese money has been pouring into Great Britain and has been keeping City firms’ corporate […]

Clyde

Number crunching: Clyde & Co corporate

Earlier this year Clyde & Co revealed a 33 per cent climb in corporate revenue, from £53m to £70.7m. The £17.7m hike not only secured Clydes its first spot in The Lawyer’s UK 200’s top 15 for corporate revenue, but also knocked Berwin Leighton Paisner (BLP) clear off the table. Clydes has seen incremental growth in […]

ashurst

Ashurst sees post-merger revenue rise by 5.8 per cent at half-year point

Ashurst has recorded a half-year turnover of £298m for the firm, compared to £281.7m for the same period last year. Managing partner James Collis said the 5.8 per cent increase in revenue was down to stronger economic conditions and an uptick in transactional work in early 2013/14. The results take Ashurst back on track for […]

Newcastle International Airport
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Eversheds awarded full costs for Newcastle International Airport claims

Newcastle International Airport (NIA) has been ordered to pay all the costs associated with the negligence claim it brought against Eversheds, which ended last week after a six-year battle. NIA is thought to have incurred costs in the region of £2.5m after launching the largely unsuccessful claim, worth an estimated £5m, against Eversheds. Last week […]

Personal injury firm Neil Hudgell Solicitors launches London office

Personal injury specialist Neil Hudgell Solicitors has opened a London office, having purchased collapsed litigation boutique Harris Cartier’s book of personal injury work. The new Chancery Lane office will house a team of ten former Harris Cartier staff, led by catastrophic injury specialist Kent Pattinson who has also joined the firm’s management board. The team […]

Auto-enrolment: how to operate salary sacrifice alongside automatic enrolment

It is now slightly more than a year since the first employers reached their automatic enrolment staging dates and therefore many of the practical issues that arise for employers when implementing the reforms are now apparent. Updated versions of the guidance on certification of the quality requirement were issued in September and amendments designed to […]

Survey on the sale of insurance policies in conjunction with non-insurance products

On 30 October 2013 IVASS (the domestic regulator having supervisory authority over insurance undertakings and intermediaries) launched a survey on the sale of insurance policies (typically in the form of group policies) in conjunction with non-insurance products or services. While acknowledging that the sale of insurance policies in conjunction with non-insurance products or services is […]

times newspaper
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Former Times lawyer to appear before SDT over NightJack

Alastair Brett, the former head of legal for The Times, will appear before the Solicitors Disciplinary Tribunal (SDT) this week charged with misleading a court. Brett’s appearance before the SDT follows a referral by The Times owner News International (now News UK) to the Solicitors Regulation Authority (SRA) last year (25 April 2012). The SRA […]

The reservation agreement: a preliminary agreement to a sale of a prospective building

In Luxembourg, the sale of a building which has not yet been built is governed by specific mandatory legislation (see Art. 1601-1 to Art. 1601-14 of the Civil Code), which ensures the protection of the buyer against risks related to the execution of the works. This legislation permits the parties to conclude a preliminary agreement, […]

Employment Briefing — November 2013

Welcome to our November briefing. After a busy summer in the field of HR and employment law, there is no sign of the pace slowing down. This month’s newsletter covers key employment law developments and will bring you up to date with what is happening both in terms of new legislation and relevant case law… […]

ADR: prevaricate at your peril

The case of PGF II SA v OMFS Company Ltd concerned High Court proceedings in which the claimant had made a serious and carefully formulated written invitation to mediate as an alternative to costly litigation. The invitation, even though it was repeated, was met with complete silence by the defendant. Following a last-minute settlement of the claim except […]