Osborne Clarke has posted an impressive 27 per cent profit increase for the last financial year. Average profit per equity partner (PEP) at the Bristol-based firm has hit £360,000 up from £303,000 the previous year while revenues at the firm rose eight per cent to £67m. The results follow a period of tight financial management, […]
Ashurst will be shut out of French corporate and investment bank Calyon’s forthcoming panel review thanks to its work acting against one of its subsidiaries in a mammoth litigation that settled last year. The firm advised Japanese copper trading corporation Sumitomo in its claim against Calyon arm Crédit Lyonnais Rouse, the clearing broker in the […]
Rosenblatt Solicitors has landed a major instruction to defend Tlais Enterprises, the Cypriot incorporated company that is being sued by international cigarette manufacturer Gallaher Group. Rosenblatt Solicitors has landed a major instruction to defend Tlais Enterprises, the Cypriot incorporated company that is being sued by international cigarette manufacturer Gallaher Group. The mandate is a coup for Rosenblatts because […]
“From our offices you look out on to Haldon Hills, and you can see all the way down the Exe Estuary down to Exmouth and the sea,” says Andrew Lovell, practice director at South West law firm Michelmores. He claims that the delights of living in Devon are a powerful lure for lawyers from City […]
Competition and EU specialist Monckton Chambers has been joined by commercial law specialist Heriot Currie QC, previously a member of Flynn Stable in Edinburgh, and public law junior Ian Rogers from 3 Hare Court. The set reported a slight increase in turnover between 2003 and 2004, from £8.7m to £8.9m, although revenue per barrister dropped from £273,000 in 2003 to £247,000 last year.
First revealed on www.thelawyer.com (12 May)
Car lease schemes for partners are rapidly dwindling in the wake of the electric vehicle (EV) salary sacrifice revolution, but Hill Dickinson is not one of them. Once a more common method for partners to enjoy part of their profit share, traditional car lease schemes have lost their lustre. The tax incentives that once made […]
The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March. Protestors claim that the firm is “prioritising their convenience over [resident] health”. The generator is used to power the London office’s lifts and air conditioning. […]
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]
This report contains: five-year headcount growth analysis at the French firms in the European 100 an analysis of firms’ partnerships examining how long it takes to make partner at France’s elite firms
Read this report to gain insights into: The evolving role of in-house teams amidst market transformations Current attitudes and increased adoption of artificial intelligence tools Organizations’ continued emphasis on flexible working culture Projections for spend on external legal counsel over the next five years Enhanced feedback on quality of service from private practice law firms […]
This report contains: an overview of the history of UK and US firm in Russia an analysis of the opportunities, challenges and litigation brought on by sanctions regimes a summary of the firms acting in Russian litigation in London
This report contains: an analysis of 15 UK firms’ cash flow management and lock-up trends over the past five years lock-up correlated with profitability to demonstrate the impact of strong financial management for firms’ bottom line details on the adoption of technology by firms to make their financial management more efficient
This report contains: an overview of the international strategies of the Iberian firms in The Lawyer‘s European 100 an analysis of the expansion strategies of Spanish and Portuguese-heritage firms in key jurisdictions outside of Iberia
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Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio share 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 based on the most […]
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 […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
Car lease schemes for partners are rapidly dwindling in the wake of the electric vehicle (EV) salary sacrifice revolution, but Hill Dickinson is not one of them. Once a more common method for partners to enjoy part of their profit share, traditional car lease schemes have lost their lustre. The tax incentives that once made […]
The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March. Protestors claim that the firm is “prioritising their convenience over [resident] health”. The generator is used to power the London office’s lifts and air conditioning. […]
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]
