Litigation-funder Innsworth told the Competition Appeal Tribunal on Thursday that the negotiating process behind a £200 million ($250 million) settlement to end a mass claim against Mastercard has created conflicts of interest which mean the deal should be refused. 
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TOP NEWS

Conflicts Should Block Mastercard Settlement, Innsworth Says

By Joanne Faulkner

Litigation-funder Innsworth told the Competition Appeal Tribunal on Thursday that the negotiating process behind a £200 million ($250 million) settlement to end a mass claim against Mastercard has created conflicts of interest which mean the deal should be refused. 

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Skadden Hikes London NQ Pay To £177K In Battle For Talent

By Ashish Sareen

Skadden Arps Slate Meagher & Flom LLP has increased salaries of freshly qualified lawyers in its London office to £177,000 ($224,000) as it boosts its efforts in the battle for emerging legal talent in the City.

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Simmons & Simmons To Target Lawyers From Working Class

By Ashish Sareen

Simmons & Simmons LLP on Thursday unveiled targets for the first time to boost social mobility in its U.K. offices over the next four years as it looks to have a fifth of its lawyers come from lower socioeconomic backgrounds within that time.

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ENFORCEMENT

Solicitor Struck Off After Using Fake Name For Medical Info

By Ashish Sareen

A disciplinary tribunal has banned a veteran solicitor from practicing after she admitted that she deliberately provided misleading details about the signing of a legal document and gave a fake name to a hospital to access confidential medical information about a client.

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LAW FIRMS

Weil Says Executive Partner To Retire, Adds Global Committee

By Rachel Rippetoe

Weil Gotshal & Manges LLP announced Thursday that it will be restructuring its leadership team in anticipation of its executive partner Barry Wolf's retirement in a few years.

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PEOPLE

Baker Botts Hires White & Case's Ex-Project Finance Chief

By Jamie Lennox

Baker Botts LLP has hired a new global projects partner to its London office from White & Case LLP, with the new arrival also set to co-chair its project finance group.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Baker Botts

Freshfields

Fried Frank

Gibson Dunn

Kirkland & Ellis

Monckton Chambers

Morrison Foerster

One Essex Court

Quinn Emanuel

Sidley Austin

Simmons & Simmons

Skadden Arps

Weil Gotshal

White & Case

Willkie Farr

COMPANIES IN TODAY'S NEWS

MasterCard Inc.

Solicitors Disciplinary Tribunal

Solicitors Regulation Authority Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

Financial Ombudsman Service