Bank of New York Mellon lost its fight Thursday to escape a claim from Allen Overy Shearman Sterling alleging that the lender caused Nationwide Building Society to face a £93 million ($109 million) tax bill by bungling the issuance of notes.
Bank of New York Mellon lost its fight Thursday to escape a claim from Allen Overy Shearman Sterling alleging that the lender caused Nationwide Building Society to face a £93 million ($109 million) tax bill by bungling the issuance of notes.
Kennedys LLP announced Thursday that it had elevated 21 lawyers to partnership across nine of its offices, marking a 23% increase on the number it promoted in 2024.
Author Richard Susskind, who has a new book out about artificial intelligence, discusses how legal institutions are not ready for AI and what it will take for lawyers to recognize their potential vulnerability to being replaced by it.
A former solicitor who duped more than 300 clients over three years into paying more than £160,000 ($213,000) into her personal bank account rather than to her firm has been jailed for two-and-a-half years, police have said.
Keystone Law Group PLC said Thursday that investing in senior lawyers has reaped dividends for the firm as it recorded revenues of almost £100 million ($133 million) and saw profits increase by double digits in its latest financial results.
Osborne Clarke said Thursday that it has elevated 10 lawyers based in England to its partnership, a day after Addleshaw Goddard confirmed that it has boosted its numbers with a smaller intake of 15 new partners.
Injury Lawyers 4U has beaten a case brought by three law firms in a fight over prices for TV advertising, with a court ruling that the company's directors were legitimately appointed before removing preferential ad rates.
DLA Piper has appointed a corporate crime and investigations partner to oversee its offices in northwest England after his predecessor helped them overcome the challenges they faced during the height of the COVID-19 pandemic and its aftermath.
