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International Edition

Uncertainty surrounding new costs regime will trigger debate and satellite litigation

With only weeks to go before the implementation of Lord Jackson's proposals for reforming the costs in civil litigation to make litigation cheaper and more accessible, it is regrettable that there is still a great deal of uncertainty as to how the reforms will work in practice. The reforms are principally focused on dismantling the conditional fee agreement (CFA) regime to address the perceived unfairness of exorbitant success fees and after the event (ATE) premiums in personal injury and small claims. However, the reforms will affect all multi-track cases in the Queen's Bench and Chancery Divisions (except for the Admiralty and Commercial courts).
6 minute read

International Edition

A crisis of conscience – how GCs respond when their ethics are tested

The general counsel role can be notoriously lonely at times, but no more so than if the GC is unhappy with the integrity of the business practices and ethics within their company. GCs are increasingly expected to be a part of their company's senior management team – a board-level appointment is now regarded as something of a kitemark that says you've arrived and are taken seriously by the business.
8 minute read

International Edition

Cobbetts debt recovery arm sold as last part of failed firm finds new home

Midlands debt recovery firm HL Legal Solicitors has sealed a deal to take on Cobbetts' debt collection arm Incasso after reaching an agreement with the firm's administrators KPMG. The Leeds-based Incasso business, which has 52 staff and operates as a separate limited liability partnership to Cobbetts, went into administration along with Cobbetts at the end of January.
2 minute read

International Edition

Herbert Smith recruits top-rated white-collar partner from Slater & Gordon

Herbert Smith Freehills has recruited Slater & Gordon business crime and investigation head Rod Fletcher following a string of recent exits from the Anglo-Australian firm's litigation practice. Fletcher will join Herbert Smith in April, and will lead the firm's corporate crime and investigations team alongside partner Graham More.
2 minute read

International Edition

4-5 Gray's Inn set to merge with public law set Atlas Chambers

4-5 Gray's Inn Square has merged with public law specialist Atlas Chambers, with Atlas director John Lister and a team of eight barristers set to start operating under the 4-5 Gray's Inn Square banner.
2 minute read

International Edition

Osborne Clarke boosts litigation and TMT with double partner hire

Osborne Clarke (OC) has strengthened its litigation and TMT practices with the hires of Tom Ellis and John Buyers from Wragge & Co and Stephenson Harwood respectively.
2 minute read

International Edition

39 Essex Street silk convicted of £600,000 tax fraud

39 Essex Street Chambers Rohan Pershad QC was today (11 February) found guilty of tax fraud worth more than £600,000 at Blackfriars Crown Court. Investigators at HM Revenue and Customs (HMRC) found that Pershad failed to declare or pay £627,839 of VAT over a period of 12 years, instead spending the cash on luxury homes and private school fees for his children.
3 minute read

International Edition

Rules of the game - the lawyers making their mark in the sports sector

For decades, sport has continued to confound the laws of economic gravity that seem to so often drag other industries back down to earth. Year after year, broadcasting rights escalate – as do sponsorship deals – and ticket prices jauntily rise upwards while the financial fortunes of the millions of fans and spectators that turn out in sunshine and rain have generally stagnated or slumped during the recession. In short, sport is big business, and lawyers agree that it is a profitable segment of the legal services market to be involved in.
22 minute read

International Edition

Fifteen Hong Kong lawyers win higher rights to appear in court

Fifteen lawyers have been granted approval to appear in Hong Kong courts with exemption from litigation training, as the region moves to broaden the scope of work law firms are permitted to handle. Some of Hong Kong's top dispute resolution partners - including top-ranked Skadden disputes partner Paul Mitchard QC and Ashurst senior associate and former barrister Sanjay Sakhrani - are among the line-up receiving Higher Rights of Audience (HRA).
4 minute read

International Edition

Govt unveils competition reforms in 'quantum leap' towards US-style class actions

The Government has unveiled a new 'opt out' collective redress system, described as "a quantum leap towards US-style class actions", as part of a series of wide-ranging competition law reforms following a consultation last year. The measures, unveiled by business secretary Vince Cable last month, have received broad approval from senior lawyers, after initial proposals were put forward for consultation by the Department for Business Innovation and Skills (BIS) in April last year.
4 minute read

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