US firms are prioritising investment in London over anywhere else in the world, new data on recent partner promotions has confirmed. The UK capital was the second-most popular city for promotions among firms featured in The Lawyer’s US Top 50 report this year, and is the most popular city outside of the US in the […]
Dentons has re-opened its London office today, in a move that will allow some of its employees to return for mental health, isolation or other wellbeing reasons. The firm has introduced a series of measures to maintain sanitation and social distancing, including an onsite ‘”track and trace” system. In Dentons’ London base, there will be […]
The Covid-19 pandemic has forced firms to examine whether their cash position is strong enough to withstand a sudden economic downturn. The Lawyer contacted the UK Top 50 firms to understand how firms are adjusting financial management in response to the Covid-19 pandemic. In this series, we reveal how the market is managing the ongoing […]
Arbitration has moved up the agenda at major City firms. The silk appointments in January showed how much international arbitration has become a key part of the disputes’ arsenal. Freshfields Bruckhaus Deringer’s Nigel Blackaby, Herbert Smith Freehills’ Simon Chapman, Andrew McDougall of White & Case and Clifford Chance partner Jason Fry all took silk earlier […]
US firms are prioritising investment in London over anywhere else in the world, new data on recent partner promotions has confirmed. The UK capital was the second-most popular city for promotions among firms featured in The Lawyer’s US Top 50 report this year, and is the most popular city outside of the US in the […]
Dentons has re-opened its London office today, in a move that will allow some of its employees to return for mental health, isolation or other wellbeing reasons. The firm has introduced a series of measures to maintain sanitation and social distancing, including an onsite ‘”track and trace” system. In Dentons’ London base, there will be […]
The Covid-19 pandemic has forced firms to examine whether their cash position is strong enough to withstand a sudden economic downturn. The Lawyer contacted the UK Top 50 firms to understand how firms are adjusting financial management in response to the Covid-19 pandemic. In this series, we reveal how the market is managing the ongoing […]
Arbitration has moved up the agenda at major City firms. The silk appointments in January showed how much international arbitration has become a key part of the disputes’ arsenal. Freshfields Bruckhaus Deringer’s Nigel Blackaby, Herbert Smith Freehills’ Simon Chapman, Andrew McDougall of White & Case and Clifford Chance partner Jason Fry all took silk earlier […]
The Covid-19 pandemic has forced firms to examine whether their cash position is strong enough to withstand a sudden economic downturn. The Lawyer contacted the UK Top 50 firms to understand how firms are adjusting financial management in response to the Covid-19 pandemic. In this series, we reveal how the market is managing the ongoing […]
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 […]
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 […]
Slaughter and May is to add another senior lawyer to its pensions team in the City, this time from Freshfields Bruckhaus Deringer. Charles Magoffin, a partner at Freshfields since 2010, is joining Slaughters as a senior counsel from September. Slaughters has still only ever made one lateral hire in the City, also into its pensions […]
Litigation funders will be keeping a close eye on an upcoming review into third-party funding regulation, proposed caps on returns, as well as litigation costs. The Civil Justice Council is looking to produce a full report by the summer of 2025. The review follows an increased focus on litigation funders and their role in disputes, […]
In its largest promotions round ever, Ashurst has elevated eight London lawyers to partner out of 30 worldwide. The firm has made up eight lawyers in London, as well as seven in Sydney. In total, 17 promotions were made in Ashurst’s Australian offices, meaning just five were made outside of either London or Australia. Loans […]
Frustrated Solicitors Qualifying Examination (SQE) candidates are calling on the SRA to increase accessibility to the appeals process after a results error saw 175 candidates mistakenly told they had failed their exams. On Monday last week, the SRA announced that 175 candidates who sat SQE1 in January and were told they had failed on 14 […]
The administrators of collapsed firm Axiom Ince have filed a creditors’ bankruptcy petition against its former boss. Filed at the end of last week, the petition will seek to force Pragnesh Modhwadia’s bankruptcy, The Lawyer understands, applying to the court for his assets to be taken and sold to pay debts to the administrators. Pinsent Masons […]
