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International Edition

DLA Piper wins lead adviser role for student loans provider

DLA Piper's Edinburgh office has won the Student Loans Company (SLC) as a new client. The three-year contract as SLC's primary adviser will see DLA work with the company's in-house legal team on matters including litigation, debt recovery, data protection, corporate and commercial property.
2 minute read

International Edition

New study shows drop in litigation as fallout from credit crisis fades

A new report has found that securities class action suits fell by 24% in 2009 as litigation related to the credit crunch and subprime crisis began to slow, reports The Am Law Daily. According to the study, compiled by Stanford Law School's Class Action Clearinghouse and Cornerstone Research, the number of companies sued on stock fraud claims dropped from 223 in 2008 to 169 last year, compared with an annual average of 197 over the previous decade.
2 minute read

International Edition

Long-serving Blackstone Chambers QC dies in car accident

Blackstone Chambers is mourning the loss of Sir Ian Brownlie QC, who died in a car accident in Egypt this weekend (3 January). The well-known barrister, who was knighted for services to public international law in June last year, was called to the Bar in 1958 and took silk in 1979. His work also focused on human rights law, which he had practised since 1967.
1 minute read

International Edition

The highest bidder is…

The recent wave of pupillage salary increases at the top commercial barristers' chambers has certainly caused a stir. It started earlier this year with Essex Court Chambers' decision to increase its pupillage salary from £40,000 to £55,000 from October 2010, and was followed by an announcement from One Essex Court that it will pay each of its four new recruits commencing pupillage next year a salary of £60,000 - a 33% increase on the £45,000 award that the set's pupils currently receive.
7 minute read

International Edition

Worth taking a chance on

To be completely honest, chancery chose me rather than me choosing it. At law school I was keen on a whole load of subjects, but knew I would have to specialise eventually. I didn't begin my university studies with law - I was a musician. But that never felt like it was the right thing for me so I made a quick side-step to law school. After law school I qualified as a solicitor in New South Wales (I'm from Sydney) and worked in a commercial law firm for a few months and then as an associate for a chancery judge for about a year.
5 minute read

International Edition

Shearman makes up City litigation associate in promotions round

Shearman & Sterling has made up seven new partners in this year's promotions round, with the US firm's City office receiving one new partner. Litigation associate Richard Kelly joins the partnership in London, becoming the second partner in the firm's City litigation practice.
2 minute read

International Edition

Third-party litigation funding broker Calunius set to launch private fund

Specialist funding broker Calunius Capital - one of the first brokers to enter the UK third-party litigation funding market - is set to launch a private fund. Calunius will fund its own cases from January 2010, having previously raised capital via a range of methods including pension funds and private investors.
2 minute read

International Edition

Dewey makes up six to partnership as London misses out

Dewey & LeBoeuf has left London out of its latest promotions round, with the firm making up six new partners. The lion's share of the promotions come in the US firm's New York office, which receives four new partners, with the other two promotions coming in Hong Kong and Milan.
2 minute read

International Edition

Sidley makes up one new City partner in 15-strong promotions round

Sidley Austin has handed 15 lawyers partnership in its annual promotion round, with one partner made up in the top 10 US law firm's City arm. Commercial litigator Steven Pitt is the only partner Sidley has promoted outside of the US, becoming the 41st partner in its UK office. The firm's UK practice was also recently expanded by the arrival of securities partner Bart Capeci from Allen & Overy.
2 minute read

International Edition

Stephenson Harwood reappoints litigation partner to partnership council

Stephenson Harwood has handed litigation partner Roland Foord a second term on its partnership council, as the City firm gears up for elections for the senior partner role. Foord, who joined Stephenson Harwood in 1985 and leads the firm's professional services and art law teams, was re-elected to the four-member partnership council last month (30 November) and will serve another three-year term. He joins incumbent senior partner Andrew Sutch - who also chairs the group - shipping disputes partner Stuart Beadnall and shipping finance partner Nigel Porter on the council.
2 minute read

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