Newly formed A&O Shearman said on Tuesday that it will keep two-thirds of the trainee solicitors who started with its predecessor firms when they qualify in the fall, after boosting salaries for newly-qualified lawyers amid a broader talent war in London.

A Malaysian businessman urged the U.K.'s top court on Tuesday to rule that a creditor should be blocked from bringing a €36 million ($39 million) claim against him because it already won a declaration in an earlier action pursuing the debts. 

An investment group backed by Russian oligarchs has launched the first legal challenge to a decision under the National Security and Investment Act, claiming on Tuesday that the government unfairly forced the sale of a regional broadband provider at a "substantial financial loss."

An attempt by the British Broadcasting Corp. to reduce benefits for employees enrolled in its £19.8 billion ($25.4 billion) pension scheme has been rebuffed as the Court of Appeal ruled in favor of members on Tuesday.

Mayer Brown LLP said Tuesday that it has recruited a team of lawyers from an independent French law firm to boost its strength in international corporate and private equity transactions as it gears up for an upswing in deal activity.

Liquidators of a licensing company have sued a broadcasting chief after their autosport streaming deal turned sour, telling a court he lied about his ability to sell streaming subscriptions in U.S. prisons to entice the company to hand over the licensing rights.

The U.K. Supreme Court found on Tuesday that a collateral warranty given by a building contractor to the tenant of a care home was not a "construction contract" and therefore cannot be subject to adjudication.

Linklaters LLP said on Tuesday that its earnings have surpassed the £2 billion ($2.6 billion) mark for the first time, which it attributed to a strategic focus on complex cross-border transactions and serving large clients worldwide.

HM Treasury will work to direct pensions investment to British businesses, create a national wealth fund and conduct a fiscal review into government finances, Rachel Reeves said in her first public speech as chancellor on Monday.

The appointment of Richard Hermer KC as attorney general in the new Labour government will restore independence to a position that had become increasingly politicized over recent years, top British lawyers say.