’80s revival hits the Old Bailey…
Personal injury and small claims firms have often led the way when it comes to innovative marketing…
Nick Clegg certainly injected some passion into the leadership debates but what about the rest of them…?
He seems to be a popular choice…
If there is one group of people doing well out of the Goldman case, it would be the lawyers…
About 4,000 new laws have entered the statute book in the lifetime of this parliament…
With no Fairy Liquid to remove the dirty bits…
Imagine if Linklaters, A&O, CC and Freshfields decided to collectively leave London for New York…
Harry Markopolos, the guy who blew the whistle on Bernie Madoff has just released his book “No One Would Listen”…
Herbies offered £10k to future trainees to stay away for 6 months earlier this week…
There is a website for just that…
US firm gets hero lawyer status after saving Christmas…
Well they can take a holiday there but foreign firms may not be able to practice law in India.
Christmas celebrations for insolvency specialists.
Recent estimates have suggested that fees could reach a record $1.4 billion (£860m) for lawyers, accountants and other professionals working on the Lehman Brothers Holdings Inc. bankruptcy.
It’s not just the bankers getting hit by a nasty Christmas surprise. Accountants and law firms are fielding criticism as details emerge of the fees they’ve generated from collapsing businesses. And Hedge funds are also getting it in the neck. They’ve received much abuse through the financial crisis – even collapsing banks got in on the act complaining about hedge fund’s shorting their stock: “When I find a short-seller, I want to tear his heart out and eat it before …
There has been a lot of flirting amongst the top 100 law firms this year. Even if hasn’t led to much action.
Pretty much everything has been overshadowed this week by the PBR and the poor persecuted bankers.
The City has had a feast of fees following the banking crisis.
Slaughter and May is expected to receive a total of £32.9m for legal advice between September 2007 to next March, dwarfing any other law firm on this front. Elsewhere, £32.6m was shared between PricewaterhouseCoopers, KPMG and BDO Stoy Harward. And Credit Suisse, Deutsche Bank, Citi, Goldman Sachs and Morgan Stanley were on the payrole for financial advice.
In total the Treasury has paid …
With the credit crunch came the tax-dodger crackdown. The US pursuit of its citizens hiding cash in Switzerland made headlines as one of the country’s biggest banks caved to pressure and breached the its banking secrecy laws. UBS handed over the names and account details of about 4,450 of its clients to US tax authorities as part of a settlement. These people will pay billions of dollars in back taxes, penalties and interest and many others have since come …
