I’ve been reflecting on the journey and sacrifice aspiring lawyers make to qualify as solicitors or barristers in England and Wales. Many of my friends and peers are still in the trenches fighting for their legal dream, so I want to take this opportunity to highlight the modern struggles of aspiring lawyers in 2023. The […]
You might think that those with the heaviest pay packets cough up the most income tax. And in an ordinary year, you’d be right. But this isn’t an ordinary year. The wholesale reform of how partners are taxed means the majority of UK partners will pay more to the taxman regardless of whether profits are […]
In its century-old history, Teresa Owusu-Adjei was PwC’s first black female partner, and is now its first head of legal who isn’t a lawyer. Having initially trained as a chartered accountant and known as a PwC ‘lifer’ for having remained at the firm ever since, Owusu-Adjei is now tasked with drawing together its legal offerings […]
Artificial Intelligence (AI) is transforming the legal industry, from contract analysis to legal research. But how are law firms and individuals actually using AI today? What are the benefits and challenges of implementing AI in legal practice?
Join Everlaw for an engaging conversation about AI in action and its potential for transforming the legal landscape. We’ll explore how AI is enhancing legal services, increasing efficiency and accuracy, and helping lawyers make better decisions, including:
Assisting with legal research, document review, contract analysis, and ediscovery.
Automating arduous tasks to promote a healthier workload, improve job satisfaction, and retain top talent.
Empowering teams to overcome the relentlessly time-sensitive demands posed by the ever-growing volume and complexity of electronic data
Matt is The Lawyer’s director of insight. He joined The Lawyer in 2003 as features editor and became deputy editor in 2014. He has written on a wide range of topics related to the business of law and management of legal services organisations. In particular, Matt leads the editorial teams for major market reports such as the UK 200, the US Top 50 and the Global Litigation 50.
Tom McKechnie Ward, Customer Success Manager, Everlaw
Tom is a specialist in the field of machine learning in eDiscovery, and has been with Everlaw for 3 years. A computer scientist by training, Tom has worked extensively with leading law firms and corporations to integrate machine learning into their litigation and investigation workflows.
Stacey Rickford, Legal Operations Director, Travers Smith
This a self-indulgent piece written by an entitled middle-class university educated white male. I know that could be the initial thought for some reading this. We are all quick to make snap judgments and I have to remind myself of this. I want to crack the veneer of that appearance and look a little deeper […]
Latham & Watkins has retained its position as the largest US-headquartered firm in the UK, with an estimated City growth rate of 4 per cent in 2022. Latham is thought to have generated $702m in London last year, the highest level of fee income ever achieved either by it or any US firm. However, the […]
The majority of trainees left stranded ahead of the winding down of MJ Hudson’s legal arm have found new homes. So far, trainees have been split up among three firms: one to DLA Piper, two to Baker McKenzie, and an additional trainee to Haynes & Boone. Tenzin Woden joins an 11-strong team of partners and […]
Bryan Cave Leighton Paisner (BCLP) has hired David Dunnigan as a senior consultant in its corporate and finance transactions department. Dunnigan was previously at magic circle firm Clifford Chance for over 36 years, until he retired from the partnership at the end of 2021. He was also the global head of the capital markets practice […]
In this week’s edition: Chiomenti redefines its partnership through the ‘Three Speed Concept’, Setterwalls introduces what it believes is the Nordics first-ever India Desk, and why Danish firm Lundgrens stripped back its offering and refocused around four areas. Chiomenti’s partnership speed change In the very first edition of The Passport, we wrote about how Italian […]
This report contains: analysis of the financial performance of the largest US firms by UK-generated revenue key metrics highlighting the fragmentation of the market individual firm profiles highlighting financial performance and strategy, hirings and exits, and deals and cases
Identify key recruitment trends in the corporate legal market across all sectors from The Lawyer’s proprietary jobs data Get critical data on firms that have hired most corporate lawyers and firms that have lost most corporate lawyers. Also see where a firm’s hires have come from and where a firm’s lawyers have gone to Compare the […]
This report contains: a brief look at the latest trends in life sciences sparked or accelerated by Covid-19 analysis of the main law firms working in the area across the spectrum of contentious and non-contentious practices insight into the 100 largest UK life sciences deals since 2020
This report contains stratification of the market by firmwide headcount at the domestic Italian firms comparison to the international firms that are present there context for how the market has reached this point following the era of mass privatisation in Italy
This report contains: a ranking of the largest chambers by tenant headcount in the last financial year a look at the changes in headcount over the past year, barristers’ year of call, retention rates and gender diversity data from The Lawyer‘s Litigation Tracker offering insight into which chambers feature most in some of the main […]
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You need a couple of attempts to crack America. For Allen & Overy, the O’Melveny negotiation was simply the appetiser before the main course. Ashurst, though, has had a few too many sharing plates. Who can forget the rejection of Latham? The talks with Fried Frank that led to the Ashurst managing partner defecting to […]
Hybrid working has been a significant success for Big Law, with lawyers now used to being able to switch between meetings and the domestic chores. Yes, the working day might be longer, but it’s been more productive for both home and work life. Sadly, the washing may begin to pile up again, as new research […]
All the magic circle’s partner promotions are in for 2023, so what’s interesting about those made up in London this year? Here are a few points that jump out. The magic circle is even less Oxbridgey than ever Just 30 per cent of the 46 new magic circle partners this year hailed from Cambridge (seven) […]
Dodgy-looking characters losing thousands in the casino, sky-high fountain displays dancing in front of glitzy hotels, and George Clooney with his 11-strong mob breaking into vaults are sights you expect to witness in Las Vegas. And a recent holiday to Sin City did not disappoint – except the Clooney part, unfortunately. What was unexpected was […]
Addleshaw Goddard and Skadden Arps Slate Meagher & Flom are among the firms that advised on Asda’s £2.3bn buyout of EG Group’s UK and Ireland businesses. The supermarket giant is buying EG’s operations that consist of 350 petrol stations and 1,000 food-to-go locations. The deal is expected to be funded by both debt and equity, […]
As partners at Allen & Overy and Shearman & Sterling prepare to weigh up the benefits (and challenges) of a merger, here are five charts showing what’s at stake. Drawing level on PEP A perennial problem for UK-headquartered firms looking to merge in the US is finding a partner of a similar profitability. Looking at […]
Few deals last year got the market talking as much as Access Group’s private debt refinancing, a bumper transaction involving 16 credit funds. In the past month, it emerged the software group had called in advisers again for a follow-on deal. The Lawyer understands that this time it was Allen & Overy that got the […]
Bryan Cave Leighton Paisner (BCLP) is cutting roles in its business services teams globally after an internal audit. The firm is making 47 of its business services positions redundant. The majority of the roles are based in the US with 34 people being made redundant across 17 of its offices in the country. A further […]
Bristows is set to open a hub in Dublin this summer to assist its quest to be the first firm through the doors of the new Unified Patent Court (UPC), opening 1 June 2023. The UPC will be a new patent court common to 17 European Union (EU) member states with exclusive jurisdiction over European […]