Solomonic

The Solomonic Super User Lab yesterday afternoon united some of the platform's most active users from across our client community to share insights and feedback. Many thanks to Hoi-Yee Roper, Senior Counsel at Farrer & Co, who also provided an in-depth look at how Farrers is future-proofing their legal teams with best in class legal tech. With a firm commitment to user-driven development, these workshops are essential for guiding the platform's evolution. From the insolvency dataset to the recent competition module launch and last year's 'Version 2.0' interface upgrade, each reflects the impact of our customers’ input. A huge thank you to everyone who attended - your enthusiasm fuels our progress and we're already looking forward to the next! #SolomonicInsights

Solomonic’s analysis reveals the law firms with the highest average claim value. These averages provide insight into the scale of work handled by different firms in the first half of 2024. Eversheds Sutherland take the lead, with an impressive average claim value of £90.3 million. This includes high-profile clients in banking & finance and TMT, including defendant cryptocurrency lender Nexo in its $819 million battle. Squire Patton Boggs follows close behind at £89.5 million, largely due to their work in representing the claimant in the cryptocurrency assets case. Herbert Smith Freehills, a regular on this list, holds a strong third place with £66.1 million, representing some notable clients including Nord Stream and Bernie Ecclestone in some of the year’s most significant cases. Simmons & Simmons also stand out in high value cases, averaging £60.8 million, with a diverse portfolio featuring pharmaceutical and TMT clientele, including representing Waterside Class in the CAT Atlantic Salmon pricing claim. Hogan Lovells claim fifth, with an average of £28.4 million. Clyde & Co, A&O Shearman, HFW, TLT LLP and DLA Piper have all been active in the high value space, along with Walker Morris LLP, Kennedys, Mishcon de Reya LLP, Taylor Wessing UK and DAC Beachcroft, all with substantial average claim values. Find out which firms lead for claimants and defendants, key insights on the most active US firms, high value litigation trends and more. Download here: https://lnkd.in/gq8ZXQqT #SolomonicInsights #CommercialLitigation #LawFirms

Fancy some weekend reading? Solomonic data features in latest Financial Times report to highlight the sheer scale of lawsuits entering the High Court system (not even accounting for those still ongoing), with a combined total of at least £83bn filed since the beginning of last year. This year and last have seen several hefty claims in the High Courts. This includes the $16bn claim against The Republic of Argentina. The next closest is the £1.2bn claim against KPMG LLP and a $750m claim filed by Standard Chartered Bank. The professional services and financial services sectors face the biggest burden, though the TMT and insurance sector are also defending substantial claims. Read the full article on the FT here: https://lnkd.in/ezxNtDas #SolomonicInsights #CommercialLitigation #LawFirms

We are pleased to report that we have “muscled into the top 30” of firms “jostling for dominance” in the highly contested UK litigation landscape, according to the Solomonic 2024 Half-Year Review. Read more: https://lnkd.in/gq8ZXQqT #UKLawFirms #Competition 

Fantastic news as Clyde & Co is named in Solomonic's Half-Year Review 2024 as the leading law firm for claims issued in the courts of England & Wales ⚖️   Over the past decade, we have maintained a first-place ranking for the volume of claims issued, highlighting our expertise across different sectors, as well as our leading position as a disputes firm in the #UK. Leading the top 30 list, we have a total of 95 claims issued in the first half of 2024.   A big thank you to our clients 🙌   #Litigation #Disputes

Our Commercial Dispute Resolution team has performed strongly in a review of the UK’s legal landscape. The in-depth study, produced by Solomonic, provides insights about UK Courts including the number of cases, and the most litigious sectors. Described as ‘notably active’, Irwin Mitchell moved up 30 places into the top 15 for top defendant firms by volume. Find out more and read the views of Katie Byrne, our Head of Commercial Dispute Resolution: https://bit.ly/3YisLeH #CommercialDisputeResolution #CommercialLitigation #CDR

We are proud to announce that we have been named top insolvency firm, in the Solomonic half-year review! 👏 National Head of Insolvency and Restructuring Joey Byrne, said: “These results reflect the ongoing strengthening of talent, sector knowledge and breadth of experience across our national restructuring and insolvency and creditor services offerings. I would like to thank our clients for their continued support and remain committed to providing the best service we can.” Read the full press release here ➡️ https://lnkd.in/eNteUkya #SolomonicInsights #InsolvencyLaw #RestructuringLaw #InsolvencyAndRestructuring

We are delighted to have partnered with Solomonic, the multi-award winning litigation intelligence platform. The partnership will see Solomonic provide our Disputes Resolution and Litigation team with enhanced, data-driven insights and analytics on the UK litigation landscape, helping us to deliver innovative solutions to clients and further bolster our position as a leader in litigation risk management. Find out more here: https://bit.ly/3zFiUY3 #Litigation Nicholas Levy

Solomonic is delighted to announce its partnership with leading international law firm Trowers & Hamlins to equip its 145-strong disputes team with invaluable High Court insights. Nicholas Levy, Partner and Co-Head of Dispute Resolution at Trowers & Hamlins, said, “Our clients face an increasingly complex legal landscape and staying abreast of litigation trends is more important than ever. The UK remains a forum of choice for resolving disputes, including for many of our international clients, and our partnership with Solomonic gives us access to litigation insights that will enhance our ability to protect our clients' interests and provide them with the best possible outcomes.” Read the full press release here: https://lnkd.in/eH7PcYB9 #LawFirms #LegalNews #LegalTech

Jack Womack reports: A report has identified the law firms which advised on claims in U.K. courts in the first half of 2024 with the highest average claim value. Research by litigation platform Solomonic has identified the top five firms, with Eversheds Sutherland topping the list with an average claim value of £90 million. The firm secured first place through such cases as its re presentation of defendant cryptocurrency lender Nexo in a $819 million battle. In second place is Squire Patton Boggs, with the firm's average value just behind Eversheds' on £89.5 million. Herbert Smith Freehills took third place with £66.1 million, representing well-known clients such as Nord Stream and Bernie Ecclestone. 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝘄𝗵𝗼𝗹𝗲 𝘀𝘁𝗼𝗿𝘆: https://lnkd.in/e8edtj4J