The domino effect – restructuring counsel brace for deluge as Covid-19 means no more business as usual
‘Even two weeks ago no-one predicted such a catastrophic impact from the coronavirus. Things have turned very quickly.’ This City…
Coronavirus
Coronavirus update: The Legal 500 pushes back research schedule to ease pressure on clients and firms
The Legal 500 is pushing back its research schedule in response to the coronavirus pandemic, suspending all client contact for the…
Freshfields and Slaughters drafted as Government reveals details of Covid-19 business support package
The UK Treasury and Bank of England (BoE) have called in their go-to counsel Slaughter and May and Freshfields Bruckhaus…
Guest comment: HSF disputes chief assesses the City litigation market’s Covid-19 response
In light of the human impact of Covid-19, the immediate concern for businesses is the health and safety of their…
Listed firms suffer Covid-19 fallout as Knights staff face sweeping cuts and Ince cancels dividend
Knights board members and staff earning more than £30,000 face pay cuts of at least 10% and some staff will…
Linklaters acts on $500m ‘virtual trial’ while insurers and claimants agree coronavirus ceasefire
The Commercial Court is going fully virtual on a case worth over $500m this week, with Linklaters and King & Spalding among…
Guest post: Coronavirus tears up competition regimes for foreign investments as Europe struggles to shield reeling economies
COVID-19 continues to wreak havoc with the global economy, disrupting all manner of business throughout the world. Stock markets have…
Coronavirus latest: Supreme Court goes virtual as junior lawyers plea against postponing exams
For the first time in its history, the Supreme Court conducted a case entirely through video conferencing this morning (24 March),…
‘Impossible to predict’ coronavirus fallout sees Gateley cancel £3m dividend and suspend guidance
Listed law firm Gateley has withheld more than £3m in shareholder payouts to keep hold of cash with activity dented…
City leaders take drastic action as coronavirus spreads turmoil across European states and economies
Nathalie Tidman and Thomas Alan assess the impact of the pandemic on the profession as the world battens down for…
‘There’s no coronavirus playbook’: Relief at emergency measures but law firm leaders predict worst is yet to come
Law firm leaders have responded positively to the UK chancellor of the exchequer Rishi Sunak’s ‘unprecedented’ level of state protection in…
Comment: Coronavirus will brutally strip away the profession’s illusions
The longer you do this job, the more your mind wanders to the big moments – recessions, terrorist attacks, political…
‘Under-funded and ill-served’ courts face pressure to adapt as coronavirus hits the justice system
Courts in England and Wales have made changes to their practices as the Lord Chief Justice joins those dismissing claims…
Latham and Hogan Lovells move to remote working globally amid alarming coronavirus spread
Latham & Watkins and Hogan Lovells have become the latest law firms to ramp up their response to the increasingly global spread of COVID-19 by sending all…
Greenberg strengthens City restructuring practice in preparation for economic downturn
Greenberg Traurig has continued its London recruitment push, this time hiring from Baker McKenzie to strengthen its City restructuring practice as…
Coronavirus impact widens as Links and Eversheds become latest City firms to send staff home
Linklaters has followed its City rivals in asking staff to work from home due to the quickening spread of COVID-19. The firm today (17 March) moved to a…
Magic Circle trio ask City staff to work from home as coronavirus crisis deepens
Allen & Overy (A&O), Slaughter and May and Clifford Chance have asked City staff to work from home in a bid to mitigate…
Coronavirus impact worsens as Reed Smith sends staff home and Taylor Wessing shuts City office
Law firms around the world have been forced to take ever more radical measures in an attempt to contain the…
‘Not ingredients for activity’: Treasury reveals fiscal stimulus to battle coronavirus slump
Amid growing economic uncertainty, Treasury today (11 March) announced a budget looking to reassure businesses as coronavirus fears continue to…
Quinn closes NY office after partner tests positive for coronavirus
Quinn Emanuel Urquhart & Sullivan has temporarily closed its New York office after a partner tested positive for COVID-19, the…