The total value of the world’s 50 largest litigation practices has just got bigger, exclusive research by The Lawyer has revealed in this year’s Global Litigation Top 50. Last year the total stood at $24.357bn. This year’s list has grown by 7.4 per cent to $26.164bn, the highest level since The Lawyer began tracking global […]
Linklaters’ former global corporate head Jeremy Parr is to become general counsel at trading company Jardine Matheson Holdings, replacing outgoing Giles White who is to retire at the end of July 2015. White has been at the Hong Kong-headquartered company since he replaced retiring Jonathan Gould in 2009, and was previously Asia managing partner for […]
Pinsent Masons has elected John Cleland as its new managing partner in a contested election, following the decision of David Ryan to step down from the role. The firm’s financial institutions head beat group head of property Adrian Barlow and client operations head Richard Masters to the role. Elections kicked off a month ago (5 […]
DLA Piper has retained its crown as the world’s largest litigation practice by fee income, taking the top spot in this year’s The Lawyer Global Litigation Top 50 ranking with a total litigation fee income of $1.128bn. In last year’s Litigation Top 50 DLA Piper also took the top spot with a revenue of $1.09bn […]
Nothing stands still in the legal sector. But a look back at some of our top stories, month by month, shows the trends of the year. Consolidation, something which has already been around for a number of years, has continued; in-housers are becoming increasingly powerful and increasingly demanding of their external advisers; and firms are […]
The thing about London – as has been noted by observers many times over the years – is its resilience. Traumatic events quickly fade into hazy memory. The riots of 2011 sparked by the shooting of Mark Duggan, so shocking at the time, are barely mentioned now: the news agenda has moved on and guests […]
The north-west sports sector is worth almost £6bn to the region’s economy, according to Gateley research project North West Sport: What’s its true transfer value in the UK and overseas? Streams of income generated in the region run far deeper than the rich footballing veins, which are estimated to contribute around £330m in gross value added […]
DLA Piper has advised Ballast Nedam NV on the sale of its offshore activities, which included the vessel Svanen, to a subsidiary of the dredging company Van Oord NV. Ballast Nedam NV’s offshore activities consisted of engineering, procurement, construction and installation services for the construction of offshore wind farms. The sale of the offshore activities […]
This week strategy and management were the hot topics. Linklaters’ managing partner Simon Davies caused a stir with his thoughts on the waning power of the magic circle brand and analysis of Addleshaw Goddard’s need for a reboot racked up hits. Linklaters’ Davies joined rival managing partners in distancing himself from the magic circle brand […]
Clifford Chance has already taken a beating from the courts over the failed $1.6bn Excalibur case. Now the firm is facing a professional negligence claim for its role in the oil rights battle. The litigation funders bankrolling oil giant Excalibur’s claim have initiated a claim against Clifford Chance for its role in the case, which […]
Private equity backed Parabis Group has received a further £13m cash injection from its investor Duke Street. Duke Street was the first private equity investor to enter the legal services market when it opened up to non-lawyer backers in 2012 (22 August 2012). Parabis was forced to delay its ABS deal with private equity house […]
A barrister has been disbarred by the Bar Standards Board (BSB) for dishonesty after lying to a client about submitting a visa application to the UK Border Agency (UKBA) and acting as a public access barrister without the required qualifications. Michael William Wainwright of Clapham Law Chambers was found to have lied to his client […]