header-logo header-logo

Cash is king

29 July 2016 / Dominic Regan
Issue: 7709 / Categories: Features
printer mail-detail
nlj_7709_regan

It’s all about the Benjamins in court, says Dominic Regan

“It’s not the principle, it’s the money,” said the late singer Dorothy Squires. She was in a dispute over royalties with her publisher. It transpired that she wasn’t due a penny. Sadly, a woman who once owned a mansion with her then husband Roger Moore, spent her last days in a flat next to a fish and chip shop in South Wales.

Performers have constantly been taken advantage of by unscrupulous managers, concert organisers and others who scent money. Even to this day Aretha Franklin will only appear in concert if her fee in cash is given to her on arrival. No pay, no play.

The overwhelming majority of legal disputes revolve around financial issues. Contentious probate and big matrimonial disputes are where private client work is boiling at the moment and this is not going to change. London is both a property and a divorce hotspot.

Money misery

Many will recall the Scot Young divorce litigation where his ex-wife, convinced that her former spouse had

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Hugh James—Phil Edwards

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS
Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery
The boundaries of media access in family law are scrutinised by Nicholas Dobson in NLJ this week
Reflecting on personal experience, Professor Graham Zellick KC, Senior Master of the Bench and former Reader of the Middle Temple, questions the unchecked power of parliamentary privilege
Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses
James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector
back-to-top-scroll