Claire Ruckin

September 03, 2010 | Law.com

Jumeirah Group has announced its new global legal panel, with five firms appointed to the Dubai hotel chain's streamlined roster. Herbert Smith and Weil Gotshal & Manges have won places on the panel following a pitch process, with Clyde & Co., Mayer Brown JSM and Pinsent Masons all reappointed. Jumeirah has chosen to cut back on the number of firms it uses after setting up its first-ever global panel in 2008, which saw six firms appointed to its main roster of advisers, along with a further six advising on specific practices or jurisdictions.

By Claire Ruckin

2 minute read

February 15, 2011 | Law.com

Eversheds' Spanish alliance partner is set to break away from the firm's international network, citing differing strategies as the reason for the move. Eversheds said it is now considering the possibility of a new alliance member or its own Spanish office.

By Claire Ruckin

2 minute read

May 23, 2008 | Law.com

Addleshaw Goddard is rolling out a groundbreaking funding package for disputes, which could effectively introduce cost-free litigation for clients. The firm launched a scheme last week to consider external funding for all new and existing litigation. The scheme, called 'Contro�,' means the firm will try to act on every case using a conditional fee agreement of approximately 50 percent, as well as offering after-the-event insurance and third-party litigation funding.

By Claire Ruckin

2 minute read

February 10, 2011 | Law.com

Pinsent Masons has become one of the first major U.K. law firms to enter into an exclusive joint venture in China, linking up with newly created boutique Beijing Hesen Law Firm. The agreement will boost Pinsents' China projects and construction offering and stands to bolster its regional presence.

By Claire Ruckin

2 minute read

January 24, 2011 | The Legal Intelligencer

Freshfields Bruckhaus Deringer's highest-earning partner took home nearly 20% less during 2009-10 than the previous financial year.

By Claire Ruckin

3 minute read

July 06, 2010 | Law.com

Halliwells' assets and business are set to be split among a number of regional rivals, as a deal with Hill Dickinson to take over the firm in its entirety looks increasingly unlikely. The struggling firm is in ongoing talks with Hill Dickinson to acquire parts of the business, but Halliwells' 100-strong insurance team has opted instead to join Barlow Lyde & Gilbert.

By Claire Ruckin and Suzi Ring

2 minute read

April 10, 2009 | The Legal Intelligencer

DLA Piper is restructuring its Middle East practice amid claims that the firm has been in talks with a major client to resolve payment issues in the region.

By Sofia Lind And Claire Ruckin

2 minute read

February 16, 2011 | The Legal Intelligencer

Defunct law firm Halliwells owes unsecured creditors more than $306,280,218.80, according to the latest report from administrators BDO.

By Claire Ruckin

2 minute read

July 29, 2008 | Law.com

The U.K.'s Solicitors Regulation Authority has agreed to a set of changes to its code of conduct as the body gears up for the Legal Services Act, it was announced Monday. The organization has approved a new rule framework paving the way for new legal structures including Legal Disciplinary Partnerships, which are set to come into force in 2009 as a forerunner to alternative business structures. The rule changes will extend the SRA's authority to cover both individuals and the firms in which they work.

By Claire Ruckin

2 minute read

July 29, 2009 | Law.com

The Royal Bank of Scotland is set to write off up to $23 million in the wake of the breakup of Halliwells. RBS, which was owed substantial sums in corporate debt and partner loans from Halliwells, recovered just over $11 million from the sales, with Barlow Lyde & Gilbert and HBJ Gateley Wareing paying $4 million each. The total is lower than the $18.7 million that RBS had hoped to receive as a result of the sales, a figure which still would have seen the bank make a substantial loss.

By Claire Ruckin and Suzanna Ring

2 minute read