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.
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Pogust Refuses To Repay £84M Loan Funding BHP Trial

By Robbie Kalus

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.

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Small Firms Seek No-Confidence Vote On SRA 'Failings'

By Marialuisa Taddia

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.

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Opus 2 Acquires Irish Software Startup Bundledocs

By Matt Perez

Law firm software and services company Opus 2 announced on Thursday its acquisition of Ireland-based document organizing startup Bundledocs for an undisclosed amount.

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LAW FIRMS

Mishcon De Reya Announces Int'l Leadership Changes

By Ashish Sareen

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.

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Brief

Hogan Lovells Cadwalader Retains 67% Of Autumn NQs

By Ashish Sareen

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.

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POLICY & REGULATION

LSB Shelves Plan To Boost Diversity In Legal Industry

By Ashish Sareen

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.

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PEOPLE

Crowell & Moring Appoints Its Litigation Head As Firm Chair

By Kevin Penton

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.

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LAW FIRMS IN TODAY'S NEWS

Bailey & Glasser

Crowell & Moring

DAC Beachcroft

Erskine Chambers

Fieldfisher

Hogan Lovells

Mishcon de Reya

One Essex Court

Pogust Goodhead

COMPANIES IN TODAY'S NEWS

Solicitors Regulation Authority Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

U.S. Department of Justice

U.S. District Court for the Southern District of New York

UK High Court

UK Ministry of Justice