Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
For legal head Judi Gadsby, a lunchtime walk through the Goodwood Estate, with her golden retriever in tow, is one of the many perks of her day job. The 300-year-old estate is the seat of the Duke of Richmond and comprises nearly 5,000 hectares of land in Chichester, West Sussex. As head of legal at […]
Vinge’s Maria-Pia Hope has left the Swedish firm after stepping down as CEO after 12 years in the role. Hope’s final day at the firm was 31 March with her successor, banking and finance partner Louise Brorsson Salomon, stepping into her shoes on 1 April. Having joined the firm in 1996, Hope made partner seven […]
Trowers & Hamlins has become the latest firm to offer an innovation seat to its trainees as a part of its training contract. From the beginning of April, trainees at Trowers will have the option to sit in the innovation team and develop their competency in legal tech. Trowers’ training contract is divided into four […]
Scandinavian firm Hannes Snellman has finalised the split between its Swedish and Finnish businesses, citing “a divergence of the business strategies…in Helsinki and Stockholm”. The firm announced in February 2024 that the split would take place and the necessary arrangements have taken place splitting the offices into two distinct entities under the Hannes Snellman operating […]
With the 2023/24 financial year-end just days away, law firm leaders are doing everything they can to make sure no bill is left unsent and no debt is left uncollected. For many firms, that process will include turning to a raft of new technology solutions to try and speed up the cashflow process. However, at […]
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