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Legal

  • Profit of top US law firms in London have dropped below £1bn amid M&A slowdown

    June 6, 2024

    Profits at the top US law firms in London have fallen below £1bn as the downturn in the M&A market is starting to have its effects

  • Next stop £195,000? Another law firm hikes junior lawyer pay

    May 29, 2024

    Clifford Chance is the latest magic circle firm to raise its newly-qualified salary in a salary war that has no sign of slowing down

  • Election leaves litigation funding Bill in limbo. What’s next for the multi-billion pound industry?

    May 29, 2024

    After a huge push from the funding industry to introduce a new law on litigation funding, the PM called on a snap election which now puts it into limbo

  • London-listed Berkeley Energia launches near £1bn arbitration proceedings against Spain

    May 28, 2024

    Listed-Berkeley Energia's Spanish entity has filed a request for arbitration proceedings against the Kingdom of Spain over alleged violation of provisions of the Energy Charter Treaty

  • Standing out: UK law firm Mills & Reeve aims to make a mark in the City

    May 28, 2024

    How can a mid-tier law firm stand out in the competitive legal landscape of the City? Mills and Reeve's London head sees a unique opportunity to distinguish the firm in the bustling London market

  • HMRC tax dispute with EY over Tory donor’s affairs on hold for settlement talks

    May 24, 2024

    HMRC's tax dispute with accounting firm EY and Jamie Ritblat, a British property investor and Tory donor, has been placed on hold as settlement talks take place, City A.M. has learned.

  • Island Poke: London’s hot lunch spot files CVA to High Court

    May 23, 2024

    Island Poke has ask Begbies Traynor to come in and provide advice for the business.

  • Power of sanctions: Russians are abandoning their beloved London courts

    May 22, 2024

    There has been a dramatic drop over the past year of Russian businesses and individuals using London’s Commercial Court

  • Law firm considers legal action for victims of infected blood scandal

    May 21, 2024

    Law firm Leigh Day has said it is considering legal action on behalf of those impacted by the infected blood scandal after the government confirmed compensation would be awarded to victims by the end of the year.

  • Court of Appeal denies Tom Hayes’ Supreme Court bid, but certified points leaves the door open to apply directly

    May 21, 2024

    Former Libor trader Tom Hayes application to take his case to the highest court in the UK was refused by the Court of Appeal

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