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Latest Briefings

Discover how to health check the anatomy of your legal matters

By Rob MacAdam With clients expecting more efficiency, transparency and value from their lawyers, it’s time for law firms to re-engineer their legal service delivery into real competitive advantage. In this video, Rob MacAdam, Director of Legal Solutions, identifies six elements that make up the anatomy of a legal matter, and discusses what improvements can be […]

Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes They represent 50% of the working population and are as many or more educated and qualified as they are. However, the problem of gender diversity (or lack of it), especially in top positions in organizations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

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Merger spawns major new CEE player

Czech firm Procházka Randl Kubr (PRK) has merged with Hungary’s Bellák & Partners to create a new powerhouse in the Central and Eastern Europe market. Operating under the PRK brand, the merged firm will have offices in Prague, Bratislava and Budapest. The merged firm will boast more than 120 fee-earners and 60 ­support staff, making […]

Firms shrug off threat of growing PI rates

Solicitors could face increased professional indemnity (PI) insurance bills this year after five years of ­softening PI rates. Solicitors could face increased ;professional indemnity (PI) insurance bills this year after five years of ­softening PI rates. PI insurance is the third-largest overhead for any firm behind property and staff costs, and firms are required by the […]

Howard Kennedy

UK 200 Position: 64 UK 2… Position: 64 (same as last year)Firm: Howard Kennedy Turnover: £44mProfit per equity partner: £618KEarnings per partner: £246KEquity spread: £295K-£900KNet profit: £10.5mProfit margin: 24 per centRevenue per fee-earner: £291KRevenue per lawyer: £373KRevenue per partner: £657KRevenue per equity partner: £2.59mTotal number of fee-earners: 151Total number of qualified partners: 118Total number of […]

Freshfields becomes first magic circle firm to make redundancies

Freshfields Bruckhaus Deringer has axed as many as four associates in its real estate group, becoming the first magic circle firm to make redundancies. A spokeswoman for the firm confirmed that “more than one, but fewer than five” associates had departed, but would not confirm the exact number. Tim Jones, chairman of the London management […]

BarFutures pair in bid to cut out chambers

Former 7 Bedford Row chief executive Stephen Allen and ex-Peel Court CEO Ian Dodd have launched BarFutures – a post-Clementi service that aims to cut barristers’ expenses. The service seeks to remove the expenses related to clerks and chambers’ ­contributions. While the barristers who join the company will be able to work from home, BarFutures […]

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