Litigation funder Burford had a record 2018… Linklaters promotes 37 to counsel including 10 in Asia...
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The leader of the campaign for marriage equality in Australia has joined Clifford Chance.
Former executive director of the Equality Campaign, Tiernan Brady, has been appointed as the international law firm’s head of inclusion, focused on tackling the full spectrum of inclusion and diversity issues.
As well as the successful campaign for marriage equality in Australia, Brady led a similar campaign in Ireland which also resulted in a public vote in favour.
“My experience of campaigning in both Ireland and Australia showed how influential global firms, and equally importantly the staff in those firms, can be when they take a leadership position on diversity and inclusion. Clifford Chance understands this and is determined to forge that leadership role on diversity and inclusion,” Brady said.
Litigation funder Burford had a record 2018
The growing business of law financing has delivered a record year for one of the major players.
Burford Capital’s results for 2018 reveal a 23% increase in operating profit to $354 million (2017: $289 million) and 24% increase in net profit after tax to $328 million (2017: $265 million); operating margin of 84%.
Returns on the core litigation finance investment portfolio rose to an 85% return on invested capital, net of losses (2017: 76%), with consistent ~30% IRRs.
“Burford has experienced another record year, its ninth consecutive year of significant profitable growth,” Sir Peter Middleton, Chairman of Burford, commented. “Burford continues to lead its growing and evolving industry and looks forward to continuing to innovate to meet its clients’ ever-expanding needs.”
Linklaters promotes 37 to counsel including 10 in Asia
Following its recent partnership promotions, global firm Linklaters has announced that 37 lawyers have been promoted to counsel.
Among the promotions are 10 in Asia and across the firm 49% (18) of the new counsel are women. The promotions come from 12 jurisdictions and 11 practice areas.
