Finance For Lawyers

When To Request Defendant’s Financial Data

Why would a plaintiff who has access to 3.5 million documents from a defendant need additional data? In short, because…

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Accounting Metrics vs Financial Metrics

Competition law is full of numbers — turnover thresholds, market shares, fines,…

Equity Analyst Dismantled a Supermarket’s Competition Defence with one E-mail

Financial data is often treated as objective truth. Numbers, we assume, do…

What Are Debt Ratios? The “Mortgage on the Business”

While valuation ratios are about the market's opinion of a company's future,…

What Are Valuation Ratios? 

As lawyers, you are trained to focus on facts, contracts, and liabilities.…

How A Market Study Impacts a Company Stock Price

We often read in press releases announcing antitrust investigations or market studies…

How Regulators Read Profitability Metrics

When competition lawyers hear “profits,” they often think of abuse of dominance…

The “Relief Rally”: Why Antitrust Fines Can Be Bullish

What happens to a company’s stock price when a regulator fines it…

When Is Profit ‘Excessive’? Understanding the CAT’s Analysis in the Apple Case

On 23 October 2025, the UK Competition Appeal Tribunal (CAT) held that…

How a Cartel Probe Impacts a Company’s Stock Price

When antitrust authorities announce a cartel investigation or a dawn raid, the…