Hogan Lovells: US-UK law firm’s revenue jumps 10 per cent and surpasses £2bn February 13, 2024 American-British law firm Hogan Lovells global revenue has jumped nearly 10 per cent over the last financial year, which sees the firm surpassing £2bn for the first time. Over 2023, the firm generated £2.15bn in revenue, which was up from the £1.97bn it posted over the previous year. In terms of its practices, its corporate [...]
RSM and Quantuma alleged to be involved in the tip-off scandal at Insolvency Service February 12, 2024 It is alleged that employees at an accounting firm and a corporate advisory group received tip-offs from staff at the Insolvency Service.
SFO boss to promise more dawn raids and swifter action to tackle fraud February 12, 2024 The head of the UK's anti-fraud agency will set out his vision for a "bolder, pragmatic, more proactive" prosecutor this week in his first public speech since taking up the position late last year.
Former Autonomy boss back in court over loss suffered by HP February 10, 2024 Lawyers for the former boss of software firm Autonomy will be back in court on Monday as Hewlett-Packard (HP) seeks damages over losses it suffered.
Prince Harry: Daily Mirror publisher to pay ‘substantial’ costs in settlement of phone hacking lawsuit February 9, 2024 Prince Harry has settled the remaining claims in his phone hacking lawsuit against the publisher of the Daily Mirror, two months after the paper was found to have hacked his phone. Back in December, a High Court judge ruled that there was “extensive” phone hacking by Mirror Group Newspapers (MGN) from 2006 to 2011, “even [...]
Legal sector job vacancies in the City plummeted last year as firms returned to pre-pandemic hiring February 9, 2024 Hiring activity in the legal market has slumped, falling back in line with pre-pandemic figures.
Legal aid funding cut by £728m as watchdog warns MoJ lacks understanding on reforms February 9, 2024 Hillier, who is the chair of the Committee of Public Accounts, said: "Nine years after our Committee scrutinised legal aid, the MoJ still does not fully understand the impact of its reforms."
London Metal Exchange faces legal action over trading in ‘dirty metals’ February 8, 2024 The London Metal Exchange (LME) is set to defend itself after legal action was filed in the English High Court by eco groups over it “trading in dirty metals”. Global Legal Action Network (GLAN), along with the London Mining Network, are arguing that by enabling the global sale of ‘dirty metals’, LME is breaching UK [...]
Baker Tilly International breaks through the $5bn barrier February 8, 2024 Consultancy giant Baker Tilly International reported double-digit growth in revenue over 2023, with advisory being the fastest growing line. The firm saw its global turnover jump 11 per cent to $5.2bn for the financial year ending 31 December 2023 with double-digit growth across all service lines. Out of its major service lines, advisory was the fastest at [...]
Major insurers attempt to push billion pound litigation to a Russian court February 7, 2024 Major insurance companies are at court today seeking to have a multi-billion pound aviation legal action moved from England to a Russian court