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 […]
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 […]
As pass rates for the first stage of the Solicitors Qualifying Examination (SQE) stagnate at a 52 per cent average for 2022/23, City firm recruiters and early careers leaders are voicing concerns about their future pipeline planning. Certainly, a consistent pass rate confirms the goals of the Solicitors Regulation Authority (SRA) to create what it […]
The Competition Appeal Tribunal (CAT) has refused to grant Sports Direct an injunction that would force Newcastle United Football Club to supply it with replica kit, following a hearing on Tuesday. Newcastle United, defended by Northridge partner James Eighteen, granted exclusive retail rights for its kit to competitor JD Sports from next season. However, Sports […]
Burges Salmon has recently been grappling with a succession issue – just not the challenge firms typically face.
Newly-qualified solicitors (NQs) at Shearman & Sterling are set to miss out on an extra £20,000 in salary when the firm merges with Allen & Overy next month. A decision has been made to align NQ salaries with A&O, where NQs are currently on £125,000. NQs at Shearman are currently on £145,000. Not only will […]
The world’s largest asset manager, BlackRock, has had its appeal for tax relief dismissed following a hearing against HM Revenue and Customs (HMRC) in March. The appeal concerned the complex structure that BlackRock, represented by Simmons & Simmons’ partner Heather Rowlands, had used to buy Barclays Global Investors (GBI) for $13.5bn in 2009. In the […]
Regional offices have long been critical to some of the UK’s biggest law firms. The essential components of today’s DLA Piper came from across the country, legacy Eversheds was formed of four firms from outside London, and Pinsent Masons has Birmingham and Leeds heritage. But in recent years, some of those firms’ regional offerings have […]
Linklaters has lost two partners today, with Paul Weiss Rifkind Wharton & Garrison being the latest to swipe an M&A hire from the magic circle firm. Matthew Hearn has joined Paul Weiss in London as a partner in the corporate department. Hearn has spent just over 10 years with Linklaters, which is where he completed […]
Skadden Arps Slate Meagher & Flom has hired another finance partner from Linklaters in London. The US firm has snapped up financial regulation partner Sebastian Barling, who has spent the last 12 years at the magic circle firm. He was promoted to partner in 2018. Before his time at Linklaters, Barling spent several years at […]
The Solicitors Regulation Authority (SRA) is set to hike fees for the Solicitors Qualifying Examination (SQE) for the second time in two years, while glossing over issues in the rollout of the exam in its latest annual report. From September this year, the cost of the SQE exams will increase by 5 per cent across […]
Reed Smith is opting for 70 per cent open-plan space in its new building, transforming the way the firm’s London office is fitted out when it moves home this summer. The move is in stark contrast to the way the firm currently operates in its Broadgate Tower office, which is majority cellular, reflecting a significant […]
Leeds: Leeds’ legal industry has been going through a resurgence. The city, once known for being the largest legal hub outside of London a couple decades ago, had fallen behind the bustling centres of Manchester and Bristol in the years that followed. But with seven UK100 firms having opened in Leeds since the Covid-19 pandemic […]
Addleshaw Goddard’s energy practice has come a long way from doing the “weird renewables stuff” in the 90s, now aiming for £70m in revenue by the decade’s end.
Put your money where your mouth is: eight firms say they are doing just that.
As private practice firms continue to increase NQ pay in a bid to match the competition, magic circle chambers are unmoved. The past year has seen a consistent rise in pupillage awards across the Bar. However, as the quest to attract the best pupils continues and awards reach figures as high as £100,000 in some specialist […]
The energy crisis poses an opportunity for law firms to become experts in new areas of project finance – an opportunity HSF has grasped with both hands.
A law firm’s private carpark was once a coveted perk. No longer: they are about to go the way of the dinosaur
As law firms get to grips with evaluating their supply chains to improve those all-important scope three emissions, The Lawyer explores what’s more sustainable: a real Christmas tree or a fake one?
Team moves were all the rage last year, fuelled by firms launching offices in both Leeds and Manchester. Over 2023 and the trend was very much centred on finding the right lateral hires to kickstart a new practice area offering, particularly in the areas of energy, real estate and employment. Here, we look at the […]
Sussex: Back in June Beyond the Bubble talked to Cripps’ new managing partner James Beatton about his plans for the firm and making a go of it in Tunbridge Wells. “The growth in our London office has been fantastic but there are only so many lawyers you can recruit into Tunbridge Wells, lovely though it […]
A recent collaboration with The Nature Conservancy has helped MoFo gain valuable experience in the new world of biodiversity net gain.
Does nobody really want Mike Francies’ job? Or has Weil Gotshal & Manges been incredibly diplomatic in its choice of two London managing partners? The firm has appointed corporate duo David Avery-Gee and Jonathan Wood to share the top office role. The two incoming leaders will have a year with Francies before he retires. They […]
As disability continues to be underreported in the legal profession, Gowling WLG hopes its new assistance dog policy can encourage others to be proactive in creating inclusive workplaces.
In the first of a series of articles, TLT introduces the Law Society’s recently updated Blockchain Guidance and the impact this new technology will have across our sectors.
A number of taxpayers with HICBC appeals awaiting the outcome of the forthcoming Court of Appeal in HMRC v Wilkes have recently contacted the firm about correspondence received from HMRC about their 2017/18 tax position.
Private healthcare provider Bupa has been ordered to pay a purported record £1.04 million penalty (fine and costs combined) after admitting fire safety failings.
In the first half of 2021, £355 million was lost to authorised push payment (APP) fraud. This compares to £208 million in the first half of 2020. As a result, APP fraud losses now exceed card fraud losses for the first time. This significant growth in sums lost to APP fraud comes despite the successful introduction of phase 1 of Confirmation of Payee.
Financier Worldwide regularly bring together leading experts from around the world to discuss issues at the centre of their audiences’ interest. Shoosmiths were invited to contribute to the November 2021 roundtable which covers the significant, ongoing challenge many companies face: corporate fraud.
On 18 October 2021 we marked World Menopause Day. It is, therefore, timely that, this month, the Employment Appeal Tribunal has provided one of the few binding rulings on this topic. It has considered whether employees experiencing severe menopause symptoms can be protected from disability discrimination.
After many judicial speeches on the topic the summer saw three significant publications.
The Government has published its first statement setting out its vision for legal migration and border control as part of the new plan for immigration. This article summarises the key goals that form part of the vision.
The CMA recently launched its much anticipated review as to how competition law should apply to many common types of commercial arrangements (including, among others, distribution agreements (including exclusive and selective distribution), agency and franchising). It will, of course, be relevant in the automotive sector, bearing in mind that dealer agreements now fall under the “general” competition law rules rather (with the Motor Vehicles Block Exemption being confined to aftermarkets).
The Government’s much anticipated response to the Online Harms White Paper consultation has finally been released but those seeking clarity at this stage may be left scratching their heads. It appears to represent no more than an indication of the Government’s direction of travel under considerable media pressure to ensure that “something must be done” […]
By Bernardine Adkins, Sean Giles In 2018, new measures were introduced to expand the scope of government intervention in mergers. This year, the government’s briefing note accompanying the Queen’s Speech proposes new rules on investment screening. What does this mean for business? Our experts examine the existing UK foreign direct investment rules, and explain what any […]
By Lee Perry Part 5 of the Environment Bill, contains a number of disparate proposals relating to water – which could have major implications for many. Senior associate Joanne Sear and solicitor Grace Mitchell take a look at some of the key points in the Bill. Water resources planning According to its explanatory notes, the […]