The landmark class action brought by Walter Merricks against Mastercard has entered "Alice in Wonderland" territory, as the credit card giant is now backing the class representative who sued it in his dispute with his litigation funder over the terms of the controversial settlement, analysts say.
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Analysis

Mastercard Deal Battle Goes Through The Looking Glass

By Joanne Faulkner

The landmark class action brought by Walter Merricks against Mastercard has entered "Alice in Wonderland" territory, as the credit card giant is now backing the class representative who sued it in his dispute with his litigation funder over the terms of the controversial settlement, analysts say.

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White & Case's PEP Earnings Hit Record $4M In 2024

By Marialuisa Taddia

White & Case posted the strongest profits per equity partner in its history on Thursday, with top partners each taking home $4 million in 2024 and revenue in London growing twice as fast as the global business.

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Slaughter And May Appoints New Managing Partner

By Marialuisa Taddia

Magic Circle firm Slaughter and May said Thursday that it has elected a top corporate lawyer as its managing partner, taking over from a leading litigator in the role.

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Two-Thirds Of Legal Pros Harassed On LinkedIn, Survey Finds

By Tabitha Burbidge

New research has shown that 65% of professionals in the legal sector have faced harassment and trolling on LinkedIn, with almost half reporting that the harassment was of a sexual nature, experts warned Thursday.

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ENFORCEMENT

Solicitor Fined £15K Over Law Firm's AML Failings

By Ashish Sareen

A consultant has been fined more than £15,000 ($18,700) for allowing a law firm's client account to be used as a banking facility and not taking steps to shield the business from the risk of being exposed to money laundering, the Solicitors Regulation Authority has said.

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LAW FIRMS

HSF To Keep 88% Of London Trainees, Linklaters 75% Overall

By Ashish Sareen

Herbert Smith Freehills LLP said Thursday that it will retain nearly 90% of its trainees in its London office when they qualify as lawyers in the spring after Linklaters LLP confirmed a firmwide figure of 75%.

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Hill Dickinson Sets Ball Rolling On New Manchester Office

By Jamie Lennox

Hill Dickinson LLP has put the wheels in motion for its move to an upgraded office in Manchester, kicking off work on its new premises with a summer finish in mind.

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Claims Firm Files For Administration

By Marialuisa Taddia

A Manchester-based claims firm has filed for administration after becoming unable to pay its debts, the latest claims specialist to struggle to stay afloat.

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Mental Health Calls From Lawyers Hit New High In 2024

By Ashish Sareen

A mental well-being nonprofit for the U.K. legal industry said Thursday that the number of people reaching out for support hit record levels in 2024 amid pressures that include long working hours and heavy workloads.

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LEGAL TECH

Litera Buys Microsoft Ind. Software Vendor Peppermint

By Steven Lerner

With a focus on helping law firms get more out of their Microsoft applications, legal technology giant Litera acquired Peppermint Technology, a Microsoft independent software vendor, on Thursday.

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LITIGATION

Ex-Bank Exec Fired For Hotel Spend Can't Sue CEO, GC

By Hanna Vioque

A Manchester bank's former chief commercial officer can't revive her claims against the chief executive officer and two other senior officials after already agreeing to withdraw them, an employment tribunal has ruled. 

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LAW FIRMS IN TODAY'S NEWS

Dentons

Freeths LLP

Herbert Smith Freehills

Hill Dickinson

Irwin Mitchell

Linklaters LLP

Pinsent Masons

Pure Legal

Slaughter and May

White & Case

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

American Bar Association

Capital Bank Corp.

Inigo Ltd

LinkedIn Corp.

Manchester United

MasterCard Inc.

Microsoft Corp.

Solicitors Regulation Authority Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Competition Appeal Tribunal