Issues

BT’s legal team made the right call

Welcome to the BT issue. Well, ok, this week’s mag is not entirely devoted to the UK’s biggest telecoms giant, but it’s not far off. And to be fair, when it comes to BT, there’s quite a lot going on.

money
1

Lawyers’ hourly rates too high? There’s an elephant in the room

I read with interest the report of the Centre for Policy Studies on “The Price of Law”. The attention-grabbing headline emerging from the report and picked up by the national media this morning is that partners in the top commercial law firms are charging over £1,000 per hour and that the traditional time-charging method of […]

Top 10 stories: 29 January – 4 February 2016

This week’s top 10 stories are a particularly diverse and international selection, with international mergers, relationships in the Middle East and our South East Asia Elite all featuring. Nevertheless the top story of the week was the news that RBS has launched an attack on litigation boutique Cooke Young & Keidan, which is acting for […]

dollars money stack

Dechert PEP rises to $2.5m as revenue grows 6 per cent

Dechert’s average profit per equity partner rose 8.5 per cent from nearly $2.32m (£1.6m) in 2014 to $2.5m (£1.72m) in 2015. The increase came as global revenue for the firm grew 6 per cent from $839.4m (£577.9m) to $890.2m (£612.8m). Dechert’s turnover has grown steadily over the past couple of years, rising by 8 per […]

royal courts of justice - The Lawyer Top 20 Cases

Mishcon defeats negligence claim by QPR chairman

The High Court has dismissed a multimillion-pound professional negligence dispute against Mishcon de Reya brought by former client and football chairman Antonio Caliendo. Former Queens Park Rangers (QPR) chairman Caliendo claimed Mishcon made errors when drafting the terms of a contract over the £5.5m sale of QPR shared to Formula One Boss Bernie Ecclestone and […]

Westminster

Freshfields criticised over ScottishPower ‘cashback warranty scandal’ advice

Freshfields Bruckhaus Deringer has been criticised in a parliamentary hearing over its role as adviser to ScottishPower, which is embroiled in a £79m ‘cashback guarantee’ scandal. The magic circle firm was accused of being “dishonest” by a whistleblower before MPs on Wednesday (3 February) in its reports to regulators over ScottishPower’s multimillion-pound liability to its customers. […]