Donald Trump hits JP Morgan and Jamie Dimon with $5bn lawsuit January 23, 2026 President Donald Trump has JP Morgan and its top boss, Jamie Dimon, in a $5bn (£3.7bn) lawsuit following claims the banking giant debanked him for political reasons. Earlier this month, Trump blasted America’s biggest bank for “incorrect and inappropriately” discriminating against him after the President alleged JP Morgan stopped offering him services after the Capitol riots [...]
Legal accounts controversy: Who should fund the broken justice system? January 22, 2026 First, the government tried to go after the LLPs, but that failed. Now its eyes are on law firms’ client accounts under the narrative that it will be used to help the crumbling justice system, but lawyers are seeing it as just another tax raid. Law firms earn substantial income from interest on client accounts, [...]
Scrapping jury trials will only have ‘modest’ impact on backlog January 22, 2026 David Lammy’s controversial plan to restrict jury trials will unlock only “relatively modest reductions in demand given the scale of institutional upheaval”, according to a new report by the Institute for Government (IFG). The government’s plans, which leaked in November, revealed a move to scrap some jury trials to tackle the nearly 80,000 criminal case [...]
High Court to hear Reform’s challenge on cancelled council elections January 21, 2026 Reform UK’s legal challenge against the UK government over plans to delay local elections is set to go to a two-day trial next month. The case focuses on the government’s plan to allow 63 councils to postpone their local elections that were scheduled for May 2026. So far, more than a third of local authorities [...]
David Lammy’s plan to seize law firm interest sparks outrage January 20, 2026 Secretary of State for Justice David Lammy was accused of a “brazen attempt” to “confiscate law firms’ cash” after the government revealed plans to take the interest law firms earn on money sitting in their client accounts. Earlier this month, the Ministry of Justice opened a consultation on a proposal to introduce an Interest on [...]
Gatwick’s £2.2bn second runway to be challenged in court January 19, 2026 Gatwick Airport’s £2.2bn second runway will be the focus of a legal challenge at the High Court on Tuesday, as an environmental group opposes the government’s decision to grant the approval. In September, Gatwick Airport’s second runway, the Northern Runway, received development consent from the transport secretary, Heidi Alexander. Gatwick has had a northern runway [...]
Tough year ahead as businesses face compliance and investigation storm January 17, 2026 A wave of complex regulations and cross-border probes is set to test the resilience of businesses worldwide in the coming year; at the same time, resource constraints expose vulnerabilities. A staggering 82 per cent of global businesses fear being hit by cross-border or multi-agency investigations this year, according to a new report by law firm [...]
Revolut, Mastercard, Visa lose legal battle on card fees cap January 15, 2026 Revolut, Mastercard and Visa have lost a legal battle against the UK’s payments watchdog amid plans to introduce a cap on card fees for overseas transactions. The trio of payment giants brought a judicial review to the High Court following a decision by the Payment Systems Regulator (PSR) in December 2024, confirming that it would consult on the [...]
Insurance giants are no longer afraid to sue competitors over ‘team poaching’ January 15, 2026 London’s insurance sector is becoming increasingly litigious as the battle for niche talent intensifies, after a wave of High Court cases suggests ‘team poaching’ has become a legal flashpoint. If, like me, you are glued to the court filing system, you’ll have seen a noticeable uptick in lawsuits over restrictive covenants going to London’s High [...]
Ropes & Gray offers junior lawyers 20 per cent billable credit for AI effort January 9, 2026 US law firm Ropes & Gray has expanded its programme to give junior lawyers 20 per cent of their billable hours to experiment with generative AI to its European offices, including in the City. The ‘TrAIlblazers’ programme was floated across the firm’s US offices last year, but it is now being implemented in Europe for [...]