Russian oligarchs’ taste for British justice helped London lawyers rake in a record-breaking £5bn of profits last year
Russian oligarchs’ taste for British justice helped London lawyers rake in a record-breaking £5bn of profits last year.
Chelsea FC owner Roman Abramovich may have won his battle against $6.5bn (5bn) of claims by exiled oligarch Boris Berezovsky, but the legal fees associated with the case are expected to top £100m.
When the lawyers have totted up all the hours spent on the four-month long High Court battle it is expected to rank among the most expensive cases to have been fought in London courts. And Abramovich vs Berezovsky is just one of a slew of oligarch battles making their way through London’s legal system, and turning the lawyers involved into multi-millionaires.
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