Cristiano Dalla Bona

Cristiano is The Lawyer’s technology reporter, covering innovation and delivery in law firms

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Addleshaws is latest firm to defer profit distribution

Addleshaw Goddard has chosen to defer its May distribution of partner profits to counteract the economic consequences of Covid-19. The decision comes as the firm has also decided to put some of the paralegals in its transactions services team on the UK Government furlough program. The firm is not understood to be topping up the […]

Simmons is latest firm to delay partner distributions

Simmons & Simmons is to delay partner distributions, echoing similar measures taken across the legal industry to reduce the impact of the fallout of the Covid-19 emergency. On top of the distribution delay, the firm said every decision about pay and bonuses will be deferred until later in the year. A spokesperson for the firm […]

Steve Cooke Slaughter and May

Slaughters holds back partner profit distributions

Partners at Slaughter and May have been told they will not receive their quarterly distributions following a recent management decision. Senior partner Steve Cooke has suspended discretionary distributions to the partnership to ensure the firm can go forward during the Covid-19 crisis. Holiday allocations have also been addressed by Slaughters’ leadership, with everyone at the […]

Bird & Bird

Bird & Bird considers emergency reserve to future-proof firm

Bird & Bird is to withhold a portion of its partners’ upcoming quarterly profits as a precautionary measure against the economic fallout that might stem out of the Covid-19 health crisis. A percentage of quarterly profit distributions will be devoted to a reserve created to sustain the business for the duration of the crisis. A […]

Mayhew and Baumer

BCLP announces temporary salary cuts for staff

Bryan Cave Leighton Paisner (BCLP) is to make pay cuts over the coming months, as it faces the financial consequences stemming out of the Covid-19 crisis. The firm will defer the payment of certain portions of planned partner distributions and is making a 15 per cent salary reduction for its staff across the international network […]

Taylor Wessing furloughs up to 20 employees

Taylor Wessing has put in place a series of measures to weather the Covid-19 health crisis and its financial fallout. The firm has decided to withhold distribution of profits to its partners, also choosing to sign onto the UK Government’s furlough scheme. It is understood that the firm is furloughing at least 20 people, both […]

Reed Smith strikes NewLaw deal with Elevate

Reed Smith has struck a deal with Elevate for its Leeds service centre, in a move that will enable the US firm to start offering a flexible resourcing service. As part of the multi-year agreement, the value of which was not disclosed by the parties, Elevate will support the firm’s lawyers in the EMEA regions […]

Guangzhou

The Virus Diaries: Lessons to learn from Gowling’s China lockdown

Every festivity has its own set of traditions, and Chinese New Year is no exception. In towns and cities, during the celebrations, red envelopes containing money are usually exchanged among families and friends as a good luck wish. This year, however, the tradition was partly broken. Instead of cash, envelopes were filled with face masks. […]

Eversheds debuts social media app to fight loneliness

Eversheds Sutherland has created an app that allows staff to interact on themes that go beyond their routine jobs, as it seeks to counteract the sense of loneliness sparked by the sustained remote working period caused by the Covid-19 crisis. The app, called Open House, was sponsored by the firm’s managing partner Keith Froud, and […]

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