From bathroom to courtroom: Lush chief’s squabble set to fizz in £6m trial Legal The former chief executive of cosmetics giant Lush is set to face off against the current chief executive in a 19-day trial that spans more than 30 years of the company’s history and may cost over £6m in legal fees. The dispute stems from former chief executive Andrew Gerrie’s 2014 exit from the company, after [...]
Revolut deploys AI to scrutinise law firms in major shake-up Legal Fintech giant Revolut is scrapping the ‘traditional’ method of assigning external law firms in favour of a new system where no law firm’s position is secure. Businesses that need external law firms on hand hold a panel session, where they vet law firms within their price range, and those that win secure a spot for [...]
Freshfields: Revenue passes £2bn at Magic Circle law firm but profit cut Legal Profit at Magic Circle law firm Freshfields was cut during its latest financial year despite its revenue passing £2bn for the first time. Freshfields has reported a pre-tax profit of £668.9m for the 12 months to 30 April, 2024, according to newly-filed accounts with Companies House. Profit before partners’ annuities increased from £497.8m to £675m. [...]
Supreme Court gives landmark clarity on ‘no win, no fee’ costs in inheritance disputes December 18, 2024 The highest court in the UK has granted an appeal in a 'landmark' case over 'no win, no fee' arrangements in disputes over wills
Premier League spent over £45m on legal costs in 2023-24 season September 26, 2024 The Premier League spent more than £45m on legal costs over the 2023-24 football season in an effort to fight alleged rule breakers. The body that runs England’s top flight is currently in ongoing disputes having also concluded proceedings on a number of matters across last season. Everton were hit with two separate points deductions [...]