Law Firms

In what is believed to be the largest capital call the City has seen, equity partners will be asked to contribute up to 100 per cent of the value of the capital they have in the firm to ease debt and increase loyalty. Hammonds, which made gross fees of £137m last year, holds £18m in […]

Radical plans being drawn up by the Commission for Judicial Appointments (CJA), which advises the Government on legal matters, would see all judges up to the level of the High Court being selected by an independent panel of experts, most of whom would be drawn from outside the legal profession. The dramatic move to take

Latham & Watkins has broken the $1bn (£562.4m) revenue barrier — matching the profits of Freshfields Bruckhaus Deringer and Linklaters along the way — as London’s top law firms prepare to be eclipsed by another record-breaking year for US rivals. The Los Angeles-based giant leads the charge of US firms preparing to announce double-digit growth

Mr. Rosenbaum is a lawyer and a professor at Fordham Law School, but his aim here is to burn down his own house. He proposes a sort of talking cure for the legal system. There is, he says, too much emphasis on money in civil cases and on punishment in criminal ones. The system should

The former wife of a wealthy lawyer told a court she could not believe he would have made a will leaving nothing of his multimillion-pound estate to herself or her children. Gloria Sherrington was giving evidence yesterday in the High Court during a case that aims to have the will that left everything to Richard

Results for 2003/04 see top London firms suffer from a 7.6% drop in average profits per partner The Citys top 10 firms have suffered sharp falls in average partner profits, posting their worst results since the transactional downturn started in 2001. All of the top City firms have posted a fall in partner profits, with

Three British bankers facing extradition to the U.S. on Enron Corp.-related fraud charges accused the U.S. government of using the proceedings as a weapon to pressure the men into implicating senior Enron officials in the alleged crimes. David Bermingham, Gary Mulgrew and Giles Darby were indicted on seven counts of wire fraud by a Houston

Imagine, on the silver screen, Jack Nicholson poring over a textbook for hours, searching for an obscure election law precedent, dressed in a Land’s End suit and black running shoes, then yammering on a cell phone while driving to a Tallahassee, Fla., courthouse in his Lexus. Perhaps, coming soon to a theater near you: “David

The constitutional crisis provoked by the Government’s refusal to withdraw anti-terror laws is expected to deepen this week with the resignation of more lawyers appointed by ministers to represent foreign terror suspects at secret hearings. Five barristers are considering following the lead of Ian Macdonald QC, who declared yesterday his intention to step down from

White House Counsel Alberto Gonzales has long been seen as the quiet man in President Bush’s close-knit first-term team — a soft-spoken lawyer from Texas who rarely talked to the media and kept his personal views on policy matters to himself. But new details about Bush’s nominee to be the nation’s next attorney general are