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COVID-19 has put many businesses in a difficult financial situation

Although the Government recognised this by pushing the Corporate Insolvency and Governance Act 2020 through Parliament to try and stem the inevitable wave of insolvencies, directors and owners cannot afford to take their eyes off the ball for a second.

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It took a pandemic to convince the market that ALSPs were sustainable

In many cases last year, UK 200 firms recorded a relatively modest revenue growth accompanied by a hit to the bottom line. Not so for those operating in the alternative legal services provider (ALSP) sector. Double-digit revenue increases dot the tables of this section of The Lawyer’s UK 200 report. Lawyers on Demand (LOD)’s revenue […]

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Judge rules in favour of Addleshaws client in latest Apollo scrap

A High Court judge has ruled that Addleshaw Goddard’s client, Lopesan Touristik, can bring its claim against Apollo European Principal in England and Spain. The dispute stems from a sale and purchase agreement between Lopesan and Spanish company Oldavia over a series of hotels in the region, particularly that of the Buenaventura hotel. Oldavia is […]

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The UK’s biggest legal market outside London is…

London is the undisputed heavyweight champion of UK law – but which is the country’s second city when it comes to the profession’s largest firms? For this year’s UK 200: The Top 100 2020 report, The Lawyer embarked on a massive data collection exercise. For the first time it has now charted the primary location […]

Stewarts puts 2020 partner promotions on hold

Stewarts is expected to review this month whether it should continue to delay its 2020 partner promotions, which have historically been announced in May. It is understood that promotions were put on hold at Stewarts for at least the first six months of the financial year, with the firm’s partners set to decide on a […]

Dentons

Dentons to postpone salary reviews to next year

In the latest amendments to its coronavirus measures, Dentons has paid out bonuses to its fee-earners, although salary reviews have been deferred. The firm said salary reviews in the UK will be postponed to January, when they will be reconsidered. The decisions come as the firm confirmed the ending, in late November, of a series […]

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