Pogust Goodhead has refused to repay an £84 million ($111 million) loan that funded its mammoth group litigation against Australian mining company BHP, telling a London court that its barristers and insurers are entitled to compensation first.
Pogust Goodhead has refused to repay an £84 million ($111 million) loan that funded its mammoth group litigation against Australian mining company BHP, telling a London court that its barristers and insurers are entitled to compensation first.
A group of small and midsized law firms in England and Wales said Thursday that it is pressing ahead with a proposed vote of no confidence in the Solicitors Regulation Authority, despite its decision to pause new rules for compliance officers, as the lawyers cited wider concerns over regulatory failures and board-level accountability.
Law firm software and services company Opus 2 announced on Thursday its acquisition of Ireland-based document organizing startup Bundledocs for an undisclosed amount.
Mishcon de Reya LLP said Thursday that it has appointed Kevin Gold, the law firm's former longtime managing partner and executive chair, to become its international strategy adviser as part of a push to continue its global growth plans.
Hogan Lovells Cadwalader said Thursday that two-thirds of trainees qualifying at the firm in the U.K. in the autumn are staying on to develop their careers.
The Legal Services Board said Thursday it has shelved plans to introduce a regulatory framework to drive more consistent increases in diversity across the legal profession — despite having concerns that progress has been slow and uneven.
Crowell & Moring LLP announced Thursday that next year it will elevate the chair of its litigation and trial department and managing partner of its New York office to serve as chair of the firm's management board.