Top Stories

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  Carter-Ruck Fights SRA Bid For Privileged Client Files

  By Joanne Faulkner

  Carter-Ruck and businessman Mohamed Amersi urged the High Court on Tuesday to rule that the solicitors' watchdog...(read more)

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  Orrick Beats $74M Negligence Claim Over Carlyle Deal Advice

  By Eddie Beaver

  Orrick Herrington & Sutcliffe LLP defeated a Nigerian tourism company's $74 million professional negligence clai...(read more)

• Santander Says £670M AXA PPI Indemnity Isn't Retroactive

  By Sophia Dourou

  Santander told an appeals court Tuesday it should not pay out £670 million ($896 million) AXA lost when dealing with mis-sold payment protection insurance claims, arguing an earlier judge wrongly found it was liable irrespective of when the policies were sold.

• Starmer's IP Policy Chief Picked For New AI Cabinet Role

  By Jamie Lennox

  Prime Minister Andy Burnham has handed a cabinet role to artificial intelligence minister Kanishka Narayan, raising questions about the fate of intellectual property — previously part of Narayan's remit — within a reshuffled government.

• New Chancellor Faces Pressure To Remodel Consumer Credit

  By Alex Davidson

  A trade association for British consumer lending businesses called Tuesday on newly appointed Chancellor John Healey to follow through with plans of his predecessor Rachel Reeves to revise the Consumer Credit Act to encourage more investment in the economy.

• Travers Smith Posts Record £229M Turnover

  By Ashish Sareen

  Travers Smith reported on Tuesday that turnover has recovered to hit an all-time high of almost £230 million ($308 million) and that revenue per lawyer and partner profits also reached record levels, driven by growth across its operations.

• London Aims For Global Appeal With Continuous Trading

  By Najiyya Budaly

  The London Stock Exchange said Tuesday that it will allow worldwide investors to trade on its platform continuously from Monday to Friday to boost its appeal across global time zones.

• Linklaters Posts 11% PEP Gain As US Growth Accelerates

  By Marialuisa Taddia

  Linklaters LLP said Tuesday that profit per equity partner rose by more than 11% as the firm continued to push for growth in the lucrative U.S. market, although the increase was slower than the growth it recorded a year earlier.

• 'Devious' Castle Fraud Solicitor Hid Assets, Prosecutor Says

  By Sophia Dourou

  A solicitor imprisoned for defrauding a client of £10.3 million ($13.8 million) in a sham deal to buy a Scottish castle has enough hidden assets to pay back his victim, a prosecutor told a confiscation hearing Monday.

• Carter-Ruck Challenge Threatens SRA Misconduct Cases

  By Marialuisa Taddia

  Carter-Ruck's upcoming challenge to the Solicitors Regulation Authority's demand for documents that the law firm says are protected by legal professional privilege could reshape how the SRA investigates SLAPPs and the misuse of client funds — even if the regulator wins.

• Burnham Vows 'Circuit Breaker' Moment As He Becomes PM

  By Alex Davidson

  Andy Burnham succeeded Keir Starmer as British prime minister on Monday, pledging to end four decades of private sector-led policy by expanding state control over people's well-being and the economy.

• J&J Talc Claim Set To Shrink As Claimants Seek Early Exit

  By Ronan Barnard

  More than 1,000 claimants are set to be withdrawn from group litigation alleging that Johnson & Johnson knowingly sold baby powder contaminated with asbestos in the U.K., though a London judge decided against striking them out.

• Alibaba Co. Fined €550M By EU Over Illegal, Unsafe Products

  By Sophia Dourou

  The European Union fined online retailer AliExpress €550 million ($629 million) on Monday for failing to prevent the sale of illegal, unsafe and counterfeit products on its platform, the largest-ever financial penalty handed for breaching the bloc's digital rules.

• PRA Hits Insurer With £4.1M Fine For Inaccurate Reporting

  By Alex Davidson

  The Prudential Regulation Authority said Monday that it has fined HDI Global SE £4.1 million ($5.2 million) for inaccurately reporting potential claims data to a program that compensates consumers if an insurer collapses.