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Second CBL Class Action Launched

The litigation funders are fighting to battle CBL Corp, with the ‘first-up-best-dressed’ contender being Australian-based IMF Bentham, but now local heavyweight LPF Group has joined the fray with even more heavyweight institutional backing. The second class action against CBL Corp and its directors has been launched with the support of the company’s largest, institutional shareholder, […]

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Why Are Former Partner ‘SEALS’ Jumping From Pierce Bainbridge Law Firm?

Dan Garner – The leakage from the once ‘fastest growing law firm in the world’ – aka Pierce Bainbridge, continues as six partners have left since August, with some being short-term stayers. A Law.com report quoted Pierce managing partner and former tank commander John Pierce (left) saying: “not everyone is cut out for SEAL training

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. . And Now the DLA Partner Accusing Colleague Is Placed on Leave

The DLA Piper partner who accused colleague and DLA Piper partner Louis Lehot of sexually assaulting her has been placed on leave herself. The firm said that it was placing Vanina Guerrero on paid leave while it investigates “serious issues” with her conduct that it called unrelated to her accusations against Lehot. Guerrero had earlier

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Glaister Ennor Join Class Action Biz with CBL Action

Glaister Ennor have joined the class action arena, joining with Australian-based litigation funder IMF Bentham to launch an action on behalf of CBL Corp shareholders on the basis of alleged failure to observe disclosure rules from the time of the initial public offering in September 2015. CBL’s shares were suspended from trading on both the

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Kensington Swan’s Part in Legal Monolith With a Smart Phone Attitude

The recent tie-up between Kensington Swan and global law giant Dentons has been part of one of the biggest buy-ups and law firm mergers ever seen in the global legal marketplace. As LawFuel reported this week, Dentons have this week alone done two deals with US law firms with the express objective of creating the

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Dentons’ Big Plans For the World’s Biggest Legal Market

The US, as the largest legal market in the world with 1.3 million lawyers might appear to be ‘over-serviced’ if anything with law firms. But global player and ‘polycentric’ player Dentons have big plans for the big market. Dentons announced its plans to merge with two US law firms, believes the US market needs a

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Why The NZ Law Society Is Barking Up The Wrong Tree With It’s ‘Culture Change’ Task Force

The Culture Change ‘Task Force’ Sounds “Fervently Marxist” – But Is It What The Law Society Should Be Doing? Thomas Bloy* #MeToo has ushered in a new era for lawyers and it’s all about ‘culture change’.  The scandals that rocked the ivory towers, the Bazley report, and the countless blogs, articles, and radio and TV discussions

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How 2 College Dropouts Just Raised $100 Million For Their AI-Powered Litigation Funding Business

Peter Crossen – The growing list of litigation funding companies normally sees investment banking types setting up funds. But in the case of litigation startup Legalist the founder is a 23 year old Harvard dropout – just the sort of person to attract the attention of venture capital funders like Peter Thiel. Legalist founder Eva

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Which Are New Zealand’s Oldest Law Firms? – And Who Are The More Recent Contenders For Long Term Survival?

Herald columnist Sasha Borissenko did a useful job of listing the oldest law firms in New Zealand, which include names reaching into the profession’s Jurassic period, well at least 150 years. She reported AUT Helen Dervan’s comments that firms if properly managed can survive in both upturns and downturns, which combined with the legal regulation

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