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We have reported our highest ever revenue of £286m, up 8% from £264m* the previous year. The most significant growth came in North America, where revenue was up 24% to £55m, following a continued growth period fed by work from new and existing clients, a series of lateral hires and the opening of a new office in Delaware.
We are pleased to announce our technology operation Kennedys Kognitive Computing, in India, has more than doubled its office space as it continues to grow its development team.
With mandatory climate disclosures becoming law in the UK, effective from 6 April 2022, and the United States Securities & Exchange Commission announcing its long awaited climate disclosure rule on 21 March 2022, this report provides a snapshot of the approach towards climate disclosures in some of the jurisdictions in which Kennedys operates, before focusing on what this means for our policyholder and insurer clients in the financial lines arena.
We have appointed Alan Demirkaya as our new HR director to drive forward our transformation plans and ensure that we continue to attract the industry’s top talent. He will lead a team spanning the UK, Europe, Middle East, the Americas and Asia Pacific, reporting to global managing partner, Suzanne Liversidge.
We have promoted our largest ever number of lawyers to partner. With 22 new partners joining the partnership, it is more than double the number promoted last year (10) and takes our total worldwide partner count to 293.
Kennedys Healthcare team is a regular contributor to ‘The Hong Kong Medical Association News’, a monthly publication by The Hong Kong Medical Association. In this April 2022 edition, Partner Christine Tsang discusses a recent court case in relation to the question 'Can patients pursue legal action after the three-year limitation period?'
Providing unique insights into the existing legislative and regulatory landscape in their jurisdictions - and the extent to which change will be required - our experts in Australia, Denmark, England, France, Hong Kong, Peru, Portugal, Spain and Thailand identify where healthtech related claims are starting to emerge and offer recommendations to help mitigate against potential risks.
Recent cases suggest courts may be continuing to crack down more on unmeritorious claimants who pursue hopeless litigation. In October 2021’s PI Brief we referred to several judgements of HHJ Andrew Li (HHJ Li) where claimants and/or their solicitors were penalised with indemnity costs and/or wasted costs orders in pursuing a groundless claim. Since then, both the High Court and the District Court have readily taken a more robust approach against meritless claims.
We are shocked by the tragic situation in Ukraine. Our thoughts are with all those who are suffering, and we can only hope that a peaceful resolution is found swiftly. Until then, Kennedys is resolute in our commitment to do whatever we can to help this humanitarian crisis.
Our global liability and defence group brief, Navigating the global liability defence agenda, was created with our clients in mind. With our legal footprint spanning across 24 countries, our lawyers have first-hand knowledge of global issues impacting our clients. We wanted to provide a snapshot of interesting legal issues we are seeing and share some takeaways we expect will resonate cross jurisdictionally.