Graham HuntleyGraham Huntley
Graham Huntley
Graham Huntley is a commercial litigator. Graham was formerly Head of Investment Banking and Funds Litigation at Hogan Lovells and now is a partner of Signature Litigation
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Signature Litigation wins ‘Innovation in growth and business development’ category at the Financial Times Innovative Lawyers Awards

October 5, 2015

Since the liberalisation of the legal services market, law firms have feared competition from the “march of the accountants” as consultancy firms have pushed eagerly into the legal market.

The 2011 Legal Services Act was aimed at allowing non-law firm entrants such as accountants to offer legal services, while law firms could take investment from third parties.

…

In some cases, such as new boutique law firms, the innovation has come from firms structuring themselves differently. Traditional firms have a large number of salaried lawyers and a small elite of equity partners who share profits. However, some smaller, boutique firms are rethinking this business model.

A prime example is Signature Litigation, a London-based firm set up by lawyers in 2012. Graham Huntley, a founding partner, has 30 years’ experience in commercial litigation.

Clients have included the family of the late Badri Patarkatsishvili, a Georgian billionaire, who were embroiled in a $1.8bn High Court battle with Russian aluminium tycoon Vasily Anisimov in a case that was settled before trial.

Signature has set up a profit-sharing scheme for all members of the practice. It has also outsourced some back-office functions, which Mr Huntley says enables lawyers to devote time to practising law rather than other ancillary activities. Adopting the same administrative structure as a traditional law firm would also result in a poor cash flow model for a boutique law firm, he says.

“If you are in a large law firm, some of your time is spent on areas like maintaining client files or billing, rather than practising law,” Mr Huntley adds.

A PDF OF THE FT INNOVATIVE RANKINGS CAN BE FOUND HERE

THE FULL ARTICLE WAS ORIGINALLY PUBLISHED IN FT INNOVATIVE LAWYERS AND CAN BE FOUND HERE

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Signature Litigation LLP
138 Fetter Lane
London
EC4A 1BT

 +44 (0)20 3818 3500
 +44 (0)20 3818 3501

 info@signaturelitigation.com

Signature Litigation

LATEST HEADLINES
  • Graham Huntley and Signature Litigation ranked in Chambers UK 2021 Guide
    October 22, 2020
  • Signature Litigation contributes to The Legal 500 Country Comparative Guide on Force Majeure
    June 29, 2020
  • Signature Litigation ranked in The Legal 500 EMEA 2020 Guide
    April 15, 2020
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