The UK’s largest law firms are squeezing their staff and fee-earners ever more densely into their offices, with the space allocated per person having shrunk by more than a third in recent years, The Lawyer can reveal. The Lawyer’s data, exclusive to the new UK 200: Operational Health Check report, confirms that the amount of […]
Clients are preparing to back out of deals if the Conservatives fail to win a majority or Labour win power in this Thursday’s General Election, senior lawyers have said, with a growing trend for the inclusion of ‘Corbyn clauses’ into deal documentation. In recent months, numerous lawyers in corporate and real estate circles have highlighted […]
The world and everything in it is going through a period of unprecedented change, which means it has never been more difficult to devise a five-year strategy. For firms nearing the end of their 2020 vision, how did they fare?
A strong dollar and weak pound means UK firms’ buying power has diminished, allowing the US rivals from across the market to rise up the rankings
This year’s keynote speaker at The Lawyer’s Business Leadership Summit was the “practical futurist” and former IBM global managing partner Andrew Grill, who had a simple message: “Disrupt yourself or you will be disrupted”. Grill set the tone immediately in his keynote, and for the Summit as a whole, by finding out how “digitally curious” […]
In a recent roundtable, strong views were aired on the friction that arises between landowners and digital networks, with the role of lawyers firmly in the spotlight
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
Global revenue at Axiom Managed Solutions (AMS), a spin-out from global flexible resourcing business Axiom, is understood to have reached £50m according to research for this year’s in this year’s UK 200 top 100. Some £28m of its total revenue was generated out of the UK, The Lawyer understands. In last year’s UK 200 The […]
Turnover at US-headquartered New Law business Elevate reached a record £76m last year, The Lawyer can reveal, including £20m generated by the law company’s business in the UK. The global revenue figure, which includes turnover from several of the acquisitions Elevate has made over the past year and features in this year’s UK 200 report, […]
The total revenue generated by technology-led New Law business UnitedLex reached a record $350m (£267m) in its most recent financial year, The Lawyer can reveal. In the year to 31 December 2018, its most recent full financial year, UnitedLex’s total revenue rose by 27 per cent from $275m (£213m). UK revenue increased by 8.3 per […]
The speed of growth in contentious activity at many firms over 2018/19 is almost as high as it has ever been over the past five years.
A record 12 firms in this year’s UK 200: the Top 100 report posted an average profit per equity partner (PEP) of £1m or more, The Lawyer can reveal, a rise of two on the 10 in 2017/18. Several firms in this PEP millionaire dozen have average profits that are well over the £1m benchmark. All four […]
