Danish firm Accura posted its financials last week and in doing so two significant milestones were passed. Firstly, Accura posted a psychologically important 10-digit revenue figure in Danish Kroner for the first time to slightly above 1bn kr (£114.5m) (2022: 863.8m kr (£98.9m)). Secondly, for the first time in Danish legal history all five major […]
Deloitte Legal likes to make a lot of noise about its dabbling in the legal sphere. The 2020 acquisition of Kemp Little was proclaimed as “ground-breaking” by the auditing giant. More recently, the 2023 hire of a four-partner real estate team from Shoosmiths suggested a significant gearshift in its legal operations. Pre-pandemic, such a move […]
Any firm that has occupied the national scene will know that the multiple office network can be politically charged. Management might talk about ‘one firm, one culture’, but most lawyers are aware of a pecking order with London in lead position. The annual promotions season provides a snapshot of how firms are prioritising those networks, […]
Journalists aren’t natural champions of PRs, but sometimes we sympathise. Cleaning up the mess of lawyers behaving badly. Calming down those who haven’t been ranked in the latest directory release. Trying to pitch tedious not-quite-scholarly articles to uninterested reporters. Getting asked ‘can we just have a leaflet?’ by people who don’t comprehend the breadth of […]
In-house lawyers are contending with major resourcing issues that is preventing them from doing their job effectively. This is the conclusion of major new research from alternative legal provider, Axiom, which found the in-house market stacked with challenges. In the wake of the Post Office Horizon Public Inquiry, which has put the reputation of the […]
The general counsel of British clothing retailer Ted Baker has shared a heartfelt post on social media supporting her team, who are looking for new roles after the business fell into administration in early March. General counsel Alison Beveridge said: “As we near the end of the administration of Ted Baker, the upcoming sale to […]
Latham & Watkins is set to lose two teams in Germany, hitting the firm’s restructuring and equity capital markets capabilities in Hamburg and Frankfurt. The Lawyer understands that a two-partner restructuring team will leave to join Willkie, while a separate two-partner team is joining White & Case strengthening the latter’s equity capital markets practice. White & […]
Freshfields has been appointed as the lead law firm acting on the administration of online car company Cazoo. Advising joint administrators Matthew Mawhinney and David Soden from Teneo Financial Advisory, the magic circle finds itself sorting out the collapse of one of its longstanding retail clients. It was announced this week that the retailer had […]
Travers Smith is spinning out its artificial intelligence (AI) division into a separate entity, enabling products to be sold to external companies. Known as Jylo, it will operate independently from the firm, led by Travers’ director of legal technology Shawn Curran as its CEO. Curran is moving his team into new digs in Shoreditch. At […]
Eversheds Sutherland is set to close in Berlin after a thorough review of its German business. Berlin is a relatively small office for Eversheds, housing 14 lawyers and business services staff in total. Of those, two are partners in Carsten Brüninghaus (tax) and Christian Hilpert (restructuring, and banking and finance). Hilpert is not a full-time […]
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