Sophisticated criminals are increasingly targeting firms of solicitors with so-called ‘Friday afternoon’ frauds. The Solicitors Regulation Authority (SRA) reported in March that it is receiving four reports a month of solicitors falling victim to these scams, which tend to involve a combination of identity fraud and cyber techniques, such as hacking and spear phishing. The …
Withers’ Steven Kempster and Sarah Aughwane on the doctrine of mistake. Withers’ contentious trust and succession group is unrivalled in its size and the scope of its experience. Our team, based across Europe, Asia and the US, and consisting of 40 fee-earners, acts on the leading domestic and multi-jurisdictional trust disputes, as well as representing …
Continue reading “Could trustee protection return post-Pitt and Futter?”
Post-Cardigan analysis by 5 Stone Buildings’ Hugh Cumber The recent decision of the English Court of Appeal in the Cardigan litigation illustrates the importance of applications by the trustees for the approval of ‘momentous’ decisions, as set out in the case of Public Trustee v Cooper [2001]. Such applications are widely used in offshore jurisdictions …
Continue reading “Momentous decisions: seeking the court’s blessing”
Cogence Search’s Mark Husband on the fallacy of cheap legal services The respected legal commentator (and fan of mammals) Bruce MacEwen recently commented: ‘Of course, while hedgehogs know one big thing – that BigLaw hasn’t changed and hasn’t needed to so far – foxes know many things. For example: a) 95% of the work on …
Baker Tilly’s George Bull analyses the changing market. The recent initial public offering (IPO) of full-service English law firm Gateley and its admission to AIM mark another significant step in the evolution of alternative business structures (ABSs) in England and Wales. While Gateley is the first UK law firm to achieve a public listing, it …
Continue reading “The ABS triangle – regulators, consumers and investors”
Menu Overview – Heavyweights Main Table Market Comment 2015: Word from the World New York report – City heat Core Stats 2015 Clifford Chance – The shoulders of giants The regional view – Stick and move Methodology and end notes
Will the real Clifford Chance (CC) stand up? It is, after all, a key moment for what was not that long ago the world’s most influential law firm but working out what it stands for now can be a challenge. Taking the long view post-2000, a chasm steadily opened up between its celebrated reputation for …
From an intensely competitive market in Asia to renewed fears of states breaking from the EU, law firm leaders give us the global perspective. Done deals ‘It is encouraging that the factors contributing to a high level of dealmaking over the past year remain in place, and we are optimistic that these conditions will sustain …
Continue reading “Global 100 – Market Comment 2015: Word from the World”
