Richard Susskind revealed his view of the future at the Global Law Summit this week. For many, it’s not pretty
Today’s news that turnover at LOD has risen by 500 per cent over the past four years is not only good news for the Berwin Leighton Paisner-backed flexible resource offering. It is a vindication of a model that has moved from the niche to the mainstream.
If you were still looking for a way to get your year started properly yesterday then you could have done a lot worse than attend the party to launch the Hot 100 2015. A stellar turnout saw a jamboree of lawyers from every corner of the legal market rub shoulders over a glass or two at a jam-packed Royal Exchange.
Financial stability is crucial for any business and law firms are no exception. A survey released last week showed that increasing profitability remains the top concern for the majority of UK firms, despite the fact that the last financial year was a record-breaker ...
Last month we brought you insight on what it is that makes the job of managing a law firm so tough.
Irish firm Mason Hayes & Curran has reported a 25 per cent increase in turnover for 2014, with revenues rising to €60m (£43.7m) from €48m in 2013.
US firm Paul Hastings has posted a 6.3 per cent increase in revenue in its year-end financial results for 2014, growing from $941m to $1bn (£649m).
Gibson Dunn & Crutcher has posted a revenue growth of 6 per cent to $1.47bn (£947m) in its year-end financial results.
Shearman & Sterling’s London office increased its revenue from $134.8m to $144.6m (£93.4m) in 2014, marking its fifth year of consecutive growth.
US firm Milbank Tweed Hadley & McCloy has posted revenue growth of 7.8 per cent to $761m (£490m) in 2014, while the firm’s London office posted a revenue boost of 14 per cent to $103.7m.