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Pulse UK
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November 04, 2024
Hedge Fund Lawyer Denies Role In £1.4B Cum-Ex Fraud
The former top lawyer at a hedge fund accused of defrauding Denmark's tax authority of £1.4 billion ($1.8 billion) told a London trial Monday he had no knowledge of cum-ex trading fraud at the business.
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November 04, 2024
Fieldfisher Re-Elects Robert Shooter As Managing Partner
Fieldfisher LLP said on Monday that it has elected Robert Shooter for a second term as managing partner, after the firm reported earlier in the year that its revenues had topped £350 million ($455 million) as the business expanded in Europe.
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November 11, 2024
Skadden Taps Latham For New IP Head As Losses Continue
Skadden has recruited the head of Latham & Watkins LLP's intellectual property team in London, adding to the partners the firm has recently seen depart for a U.S. rival.
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November 04, 2024
Hill Dickinson Helps DSW Capital Buy Healthcare Law Firm
DSW Capital PLC said Monday that it has bought medical law firm DR Solicitors Ltd. for £6.1 million ($7.9 million) in cash and shares, as the professional services network seeks to reduce its reliance on providing advice on mergers and acquisitions.
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November 04, 2024
5 Questions With Dechert Antitrust Partner Douglas Lahnborg
Douglas Lahnborg strode into the EU Commission just as his home country, Sweden, needed someone who could decipher the bloc’s laws. Here, Lahnborg talks to Law360 about his move from Orrick to Dechert, the Competition and Market Authority's crackdown on artificial intelligence and closing a cartel investigation in record time.
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November 04, 2024
Law Firm Sues UK Gov't Over Axed Legal Aid Contract
A law firm has accused the U.K. government of unlawfully pulling a legal aid contract after it missed a key deadline, telling a London court that there were no grounds to terminate the deal.
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November 01, 2024
Crypto Co. CoinShares Appoints Citadel Alumna As GC
Crypto investment company CoinShares International Ltd. has appointed an alumna of Sidley Austin LLP and investment firm Citadel to serve as group general counsel, the company announced.
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November 01, 2024
Investors Solely Liable For £5.4M Investment, Say Law Firms
Two law firms have hit back against a £5.4 million ($7 million) negligence claim by property investors, arguing there was no indication that the building project the investors put their money into was a Ponzi scheme.
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November 01, 2024
Latham Launches Academy To Train Lawyers On AI
Latham & Watkins LLP has begun a training program to equip its lawyers with the skills they need to help clients face challenges that are emerging from the rise of artificial intelligence technology.
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November 01, 2024
Danish Tax Agency To Settle With Atty In $2.1B Tax Fraud Suit
Denmark's tax authority has agreed to settle with an attorney whom it has accused of helping clients claim fraudulent tax refunds in a sprawling $2.1 billion case, according to a letter by its attorney in New York federal court.
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November 01, 2024
Tech Biz OneAdvanced Hires New GC Amid ICO Probe
Enterprise software company OneAdvanced has hired a new general counsel, just months after the Information Commissioner's Office said it intended to fine the firm £6 million ($7.8 million) for allegedly failing to take steps to prevent the personal information of more than 80,000 individuals from being stolen.
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November 01, 2024
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen two industry magnates take on the Gambling Commission, Ordinance Survey hit with a claim from a Swiss GPS maker, and China's largest oil company PetroChina face a claim from a Polish documentary maker. Here, Law360 looks at these and other new claims in the U.K.
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November 01, 2024
Gateley Blocked Ex-CEO In Meat Biz Acquisition, Client Says
Gateley PLC deliberately concealed the fact that a client, a former chief executive for a meat supplier, would be excluded from purchasing a business and instead acted for rival winning bidders, the ex-CEO has claimed.
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November 01, 2024
McDermott Ups Trainee Pay To Match Davis Polk
McDermott Will & Emery LLP said Friday that it has increased trainee salaries by more than 20% as U.S. law firms continue to lead the charge in setting pay for the most junior members of the profession.
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November 01, 2024
SRA Sanctions Collapsed Disputes Boutique Exec Amid Probe
The solicitors' watchdog said Friday that it has restricted the practice of a solicitor and director of SSB Group Ltd. after the firm collapsed in January with £48 million ($62 million) of debt.
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November 01, 2024
DWF Taps Arbitrator As Partner Amid Rising African Disputes
DWF has hired the former head of an international arbitration boutique with experience in the Middle East and Africa as its newest partner in London.
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November 08, 2024
Gowling Taps Ashurst For 4 Real Estate Lawyers In Germany
Gowling WLG announced Friday that it has recruited a four-lawyer real estate team from Ashurst LLP to its new office in Frankfurt as it continues to expand in Germany.
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November 01, 2024
SRA Bans 2 Former Axiom Employees From Legal Work
The Solicitors Regulation Authority said Friday that it has banned two former Axiom Ince Ltd. employees from working at a regulated law firm as it steps up its efforts in the wake of a damning report about its oversight of the collapsed company.
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November 01, 2024
Law Firms Improving At Managing AML Risk, SRA Says
The Solicitors Regulation Authority reported on Friday that it has recorded improvements in the way law firms manage anti-money laundering risks after it took action to clamp down.
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October 31, 2024
No Simple Fix To Minority Reports In SRA Probes, Study Says
Factors including the size and specialization of a law firm appear to contribute to disproportionate numbers of ethnic minority lawyers being reported for alleged wrongdoing, but the issue is complex and there is no simple solution, an independent report revealed Thursday.
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October 31, 2024
Arnold & Porter Appoints New Co-Chairs, CEO
Arnold & Porter Kaye Scholer LLP announced Thursday that co-managing partners Michael Daneker and Ellen Kaye Fleishhacker have been elected co-chairs of the firm, effective Jan. 1.
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October 31, 2024
KC Tapped To Head Media Freedom NGO's Legal Panel
A global partnership working to defend media freedom has appointed a new chair with over 50 years of experience championing women's rights to replace David Neuberger, following a controversial exit after he refused to overturn Hong Kong activists' convictions.
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October 31, 2024
Fladgate Adds Disputes Partner From DMH Stallard In London
Fladgate LLP has recruited a new dispute resolution partner from DMH Stallard LLP to its London office, with the new arrival saying Thursday that his work on "big-ticket litigation" will help the firm attract "bigger and better" cases.
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October 31, 2024
Barrister Seeks To Overturn Suspension For Lying To Client
Counsel for a barrister suspended for lying to a client about losing his files urged a court Thursday to overturn the "manifestly excessive" sanction imposed by the profession's disciplinary tribunal for a "foolish white lie."
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October 31, 2024
UK Legal Ombudsman Wants More Cash To Tackle Backlog
The legal complaints handler began a consultation Thursday on a proposed 10% increase in its budget, arguing that it needs more money to cut a backlog of complaints.