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International Edition

New Bar stats reveal 20% drop in number called during 2010-11

The number of barristers called to the Bar fell by nearly 20% in 2010-11 compared with the previous year, according to new research compiled by the Bar Standards Board (BSB) and the Bar Council. The latest Bar Barometer report shows the overall number of barristers called to the Bar in 2010-11 fell to 1,494, down 19% on the 1,852 that formally joined the Bar in 2009-10.
3 minute read

International Edition

Bar Council chair calls for LSB to be disbanded

Bar Council chairman Michael Todd QC has called for the Legal Services Board (LSB) to be "disbanded", citing support from Attorney General Dominic Grieve and new Justice Secretary Chris Grayling. Speaking at the annual Bar Council conference on Saturday (10 November), Todd said that the LSB was going "beyond its brief" as a regulator and trying to "shape the legal landscape".
2 minute read

International Edition

39 Essex Street and 4-5 Gray's Inn discuss possible combination

Thirty Nine Essex Street and 4-5 Gray's Inn Square are in "advanced discussions" about a possible combination that could see the two sets come together under one brand. Should the tie-up go ahead it would create one of the largest civil sets in London with around 140 members including more than 40 silks and would be a rare example of consolidation at the bar. It is unclear whether the combination would include all barristers from both sets.
2 minute read

International Edition

Ex-solicitor general takes role for Lord McAlpine over abuse claims

Former solicitor general Sir Edward Garnier QC has been appointed to represent former Conservative Party treasurer Lord McAlpine over allegations linking him to historical child abuse. Garnier, who is now at One Brick Court, has been instructed as counsel for the Conservative peer by Andrew Reid of RMPI, formerly Reid Minty.
2 minute read

International Edition

In-depth: Risk and compliance

Bond Pearce on building a risk-proofing strategy, David Bermingham on the heavy-handed extradition process in the US, and LexisNexis on how law firms can improve computer safety and retain client trust.
1 minute read

International Edition

A&O sets out plans to ramp up size and scope of litigation practice

Allen & Overy (A&O) is to increase the number of partners in its global dispute resolution practice by 50% over the next four years, as the group continues to grow its contribution to firmwide revenues.
2 minute read

International Edition

The lives of Charlie – charting Lord Falconer's colourful career

As I arrive to interview Lord Falconer at Gibson Dunn & Crutcher on London's Victoria Embankment, I am hit with the sudden realisation that this is one of those rare professional occasions when I really don't know what to expect.
11 minute read

International Edition

The 98% solution - 'Natwest Three' banker David Bermingham on the harsh realities of US justice

'NatWest Three' banker David Bermingham argues that businesses and executives hugely underestimate the risks of being drawn into a heavy-handed US justice system
12 minute read

International Edition

Piper Alderman secures court win in key S&P securities ratings litigation

Australian firm Piper Alderman has secured a key court victory in a case brought against ratings agency Standard & Poor's (S&P) and Dutch bank ABN Amro by investors who claimed they were misled about financial products. An Australian federal court this week ruled in favour of 13 local councils in New South Wales, which brought claims against S&P, ABN and the Local Government Financial Services (LGSF) after losing more than 90% of their investment in S&P-rated products issued by ABN in 2006.
3 minute read

International Edition

Courts greenlight Commerzbank challenge in key bankers bonus case

The Court of Appeal has granted Commerzbank permission to appeal against a €50m (£40m) judgment in favour of a group of former Dresdner Kleinwort bankers, who had allegedly been promised bonuses in 2008. The appeal - which will be heard next year - comes after a High Court judgment issued by Mr Justice Owen in May that the bankers' former employer, Commerzbank, had acted in breach of its contractual obligations in cutting bonuses to 104 staff after it acquired Dresdner.
2 minute read

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