Exclusive: RPC to lose Mike Ashley’s ‘rainmaker’ lawyer Legal City law firm RPC is set to lose one of its highest-billing lawyers, who represents the retail titan Mike Ashley. Long-term partner Jeremy Drew will leave the firm after nearly 20 years in the solicitor’s retail and commercial department, which he also co-led. The star lawyer has been a long-term adviser to Mike Ashley, the [...]
SFO drops former AIM London Mining bribery case after decade-long probe Legal The Serious Fraud Office (SFO) officially dropped all charges against the former executives of London Mining, a decade after launching its probe into alleged bribery and corruption. The SFO launched an investigation in 2016 into London Mining Plc regarding alleged bribery to secure favourable treatment in Sierra Leone between 2009 and 2014. Former CEO Graeme Hossie, CFO Rachel [...]
Reform UK’s rise: Will City law firms shift their support? Legal Businesses, including law firms, snuggled up to Labour in 2024 but with Reform UK on the agenda, will firms shift their focus before the next election? Unlike in the US, business lobbying of British political parties and the UK government is kept somewhat behind closed doors, but it remains a powerful tool. For professional services, [...]
Law Society slams Labour’s ‘crude’ stealth tax on legal clients February 10, 2026 The Law Society issued a blistering response to the government’s proposal to take the interest law firms earn on money sitting in their client accounts, branding it a “fundamentally flawed” sector-specific tax that threatens the stability of the wider UK legal economy. Last month, the Ministry of Justice opened a consultation on a proposal to [...]
Meta and Google face first trial over child safety claims February 9, 2026 The world’s largest social media giants are heading into a series of lawsuits in the US, accusing them of harming children with their addictive algorithms. The opening arguments begin this week in LA County Superior Court in the first case to be heard in front of a jury, alleging that Meta’s Instagram and Google’s YouTube [...]
Anthropic’s new tool raises bar for legal AI startups February 5, 2026 A dramatic shift is underway in the legal tech landscape as AI advancements disrupt traditional industry leaders. This comes as the traditional research and analytics software businesses saw billions wiped out from their market share this week after Anthropic announced its new AI. San Francisco-based AI giant Anthropic, the firm behind chatbot Claude, revealed on [...]
LSEG, Sage, Rightmove shares fall as Anthropic AI rattles markets February 4, 2026 Shares in global software giants tumbled again on Wednesday morning as the latest AI innovation from Anthropic rattled global markets. The London Stock Exchange Group (LSEG) extended Tuesday’s losses falling near two per cent in early trading to lows of 6,774.00p before clawing back some gains. Meanwhile Rightmove led the index’s fallers, with a slump [...]
EY avoids judgment in £2bn case as Alvarez & Marsal reach ‘confidential agreement’ February 2, 2026 The mammoth legal fight against the Big Four giant EY over its auditing of a former London-listed health giant that collapsed amid fraud allegations has been withdrawn following a settlement. Private hospital operator NMC Health Plc collapsed in April 2020 after being placed into administration, and was delisted from the London Stock Exchange in the [...]
Chair of elite law firm Paul Weiss made personal requests to Jeffrey Epstein February 2, 2026 The chairman of one of the most prominent law firms in America, Paul Weiss, was included in the US Department of Justice’s latest round of bombshell revelations in relation to disgraced financier Jeffrey Epstein. One of the US’s leading litigators and corporate advisers, Brad Karp has been Paul Weiss’s chairman since 2008. Paul Weiss is [...]
Law firms, legal tech, and the branding battle royale January 29, 2026 It seems like every week brings a new AI player on the scene, but now there’s a trend of legal spats over what exactly to call them. AI-focused businesses have been popping up everywhere as demand for the tech surges. According to LawtechUK’s data, the number of UK-founded lawtech companies on its tracker climbed from [...]