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Latest Briefings

What is artificial about ethical AI in legal industry – Everything

By Andy Neill What is ethical AI? In 2017, the Select Committee on Artificial Intelligence was appointed by the House of Lords. Their role is to consider the economic, ethical and social implications of advances in artificial intelligence. As part of their 2017-2019 session report, they suggested the following AI code: 1. Artificial intelligence should […]

Are you a data security weak link?

By Michael Hall Data loss, malware, and hackers; you hear about them all the time, but that has nothing to do with you, right? Sadly, that’s not the case. For legal firms, corporate legal departments and financial institutions who handle massive amounts of confidential data, the threat of breach due to human error is ever-present. Each […]

Inter-branch services – Employee Cost

By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]

Real Estate Disputes

By Malcolm Simpson What’s the current extent of disputes currently surfacing in the real estate sector? What are some of the most common causes of dispute? To what extent are tough economic conditions and increasing project complexity fuelling real estate disputes? To answer these questions and more, Malcolm Simpson Managing Partner of Walker Morris LLP offers […]

Recommended

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Downturn keeps insolvency lawyers in top gear

High-profile insolvencies are keeping law firms’ financials afloat. There’s probably never been a better time to be an insolvency lawyer. Their services are in such demand that 48-hour stints in the office are commonplace and top partners can command up to £900 an hour. “I’ve never felt so popular,” jokes Freshfields Bruckhaus Deringer partner Richard […]

TLT Solicitors

UK 200 Position: 68 UK … Position: 67 Firm: TLT Solicitors Turnover: £41mProfit per equity partner: £268KEarnings per partner: £144KEquity spread: £135K-£310KNet profit: £5.4mProfit margin: 13 per centRevenue per fee-earner: £93KRevenue per lawyer: £234KRevenue per partner: £569KRevenue per equity partner: £2.05mTotal number of fee-earners: 439Total number of qualified partners: 175Total number of lawyers: 72Total number […]

Simmons & Simmons: ruthlessly efficient

When Simmons & Simmons revealed in June that it had boosted its average profit per equity partner (PEP) by 20 per cent, smashing its £600,000 target by £47,000, we all wondered just how the firm had done it (TheLawyer.com, 30 June). This week’s announcement goes some way to answering that question. As managing partner Mark […]

Heller gives Orrick momentum

Orrick Herrington & Sutcliffe King of vultures is growing all over the place Where there is a loser, there is usually a winner. So far, in credit crunch terms, most of the winners are hard to ­pinpoint. But in the aftermath of the collapse of Heller Ehrman, the most successful vultures are already making themselves […]

Linklaters curtails client base to focus attention on major players

Linklaters curtails client base to focus attention on major players” />Linklaters is in the process of slashing its client base in an attempt to reduce conflicts and focus its ­business solely on large global entities. Managing partner Simon Davies, who is leading the project, carried out a similar exercise at the beginning of the decade […]

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