Top Stories

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  How Mishcon Helped Uncover £5.6B Money Laundering Plot

  By Christopher Crosby

  Law360 examines here how a suspicious activity report raised by Mishcon de Reya about a client's attempted trans...(read more)

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  Carter-Ruck Test Case Could Redefine SRA's Privilege Rights

  By Joanne Faulkner

  The Solicitors Regulation Authority is facing an unprecedented court challenge from Carter-Ruck to its power to ...(read more)

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• The Revolving Door: Proskauer Bags Restructuring Pro

  By Max Austin

  Over the past week, Proskauer Rose brought a Singapore-based restructuring specialist from Linklaters to London, Flint Bishop bagged a managing partner from Walker Morris, and Ward Hadaway hired a partner to head its corporate practice following its merger with The Endeavour Partnership.

• A&O Shearman Settles £93M Negligence Claim Against BNY

  By Lucia Osborne-Crowley

  A&O Shearman has settled its case that alleged that Bank of New York Mellon caused Nationwide Building Society to face a £93 million ($122 million) tax bill by bungling the issuance of notes, the parties confirmed on Thursday.

• Ex-Reed Smith Lawyer Faces SDT Over Claims He Misled Firm

  By Ashish Sareen

  A former associate at Reed Smith LLP in the Middle East has been referred to a disciplinary tribunal after he allegedly submitted misleading information to the firm, the Solicitors Regulation Authority has said.

• Top Law Firms Show Progress On Inclusion, Report Says

  By Hanna Vioque

  The legal sector has made "substantial progress" in ensuring that individuals of all social classes are represented in its ranks, according to a report published on Thursday by a consultancy.

• FCA Oversight Spells Tougher AML Scrutiny For Law Firms

  By Christopher Crosby

  The Financial Conduct Authority's new powers to police lawyers and other professionals could place law firms under a heightened supervisory regime similar to that of banks and other high-risk financial institutions, experts say.

• Freeths Accused Of Negligence By Scottish Car Dealership

  By Jamie Lennox

  Freeths is facing a negligence claim in a London court from a Scottish car dealership that it previously represented in litigation against a Renault-owned financing company.

• Burges Salmon Faces Negligence Case Over Fund Setup Fight

  By William Janes

  An investment banker has sued Burges Salmon for negligence in a London court, accusing the firm of leading him into a "hopeless" legal battle over claims he was excluded from the creation of an investment strategy.

• Pogust Goodhead Accused By Ex-Partner Of Unfair Dismissal

  By Lucia Osborne-Crowley

  The former chief legal officer and partner at Pogust Goodhead appeared before the Employment Tribunal on Tuesday to accuse the law firm of unfairly dismissing him after he allegedly blew the whistle on its practices.

• Barristers Report Better Well-Being But Gaps Persist

  By Ashish Sareen

  The Bar Council said Monday that more work needs to be done amid lower levels of well-being among younger barristers and women, as well as those working in criminal and family law. 

• Reed Smith Nets Ex-Leicester City GC As Partner In London

  By Jamie Lennox

  Reed Smith LLP said Monday it has hired the general counsel of former Premier League champions Leicester City FC as a London-based partner in its entertainment and media practice.

• Paul Hastings Hires Weil, Cadwalader Pros For Tax Expansion

  By Ashish Sareen

  Paul Hastings LLP said Monday that it has hired two new partners from Cadwalader Wickersham & Taft LLP and Weil Gotshal & Manges LLP in London as it looks to build a tax team to support its growing transactional practices.

• UK LLPs Face Reduced NICs, But Equity Partners Still At Risk

  By Marialuisa Taddia

  Chancellor of the Exchequer Rachel Reeves has reportedly scaled back plans to impose National Insurance contributions on LLP members but is reportedly considering a reduced rate — a move experts warn could still significantly impact equity partners.