– A new litigation finance firm, Lex Ferenda Litigation has been set up in New York, becoming the latest player to seek out a piece of the growing market for investing in potentially lucrative legal disputes.
– Susman Godfrey will give year-end associate bonuses between $85,000 and $160,000, down from last year but higher than those offered by bigger competitors.
– Milbank will add a nearly-30-lawyer private equity team in London from Scotland-founded Dickson Minto early next year.