King & Wood Mallesons (KWM) has launched a review of its capital contributions structure in order to ease cashflow, stop repeated delays to profit distributions and stem the flow of exits by “frustrated” partners. The review could see its UK partners being asked to pay higher contributions to the firm in return for more units […]
US firm Cooley has continued its rapid UK expansion with the hire of Sullivan & Cromwell white collar crime specialist Louise Delahunty.
The property world is a small one. So much so that the legal chief of skyscraper owner Almacantar sometimes hires firms he has encountered on the other side of deals
Burford Capital and the Lawyer Research Service, a division of The Lawyer, have collaborated to produce a series of reports on the UK litigation financing market. This report, the second in the series, focuses on some of the more complex and less well understood funding structures available for companies and law firms involved in the […]
The legal industry is woefully unfamiliar with the wide range of financing solutions offered by litigation funders, resulting in claimants, defendants and law firms tying up more capital and assuming more risk than is necessary during cases. That was the main finding of a survey undertaken by The Lawyer Research Service and Burford Capital late last year…
The Lawyer Research Service and Burford Capital UK litigation and arbitration funding barometer – Issue 1. Only three years ago, litigation financing in the UK was poorly understood, rarely discussed and even less frequently used. According to a survey undertaken by The Lawyer Research Service and Burford Capital, it is today regarded by the UK’s […]
King & Wood Mallesons (KWM) has launched a review of its capital contributions structure in order to ease cashflow, stop repeated delays to profit distributions and stem the flow of exits by “frustrated” partners. The review could see its UK partners being asked to pay higher contributions to the firm in return for more units […]
US firm Cooley has continued its rapid UK expansion with the hire of Sullivan & Cromwell white collar crime specialist Louise Delahunty.
The property world is a small one. So much so that the legal chief of skyscraper owner Almacantar sometimes hires firms he has encountered on the other side of deals
Bracewell & Giuliani name partner Rudolph Giuliani has exited the firm as of today (19 January) to join Greenberg Traurig as global chair of its cybersecurity and crisis management practice.
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Stephenson Harwood has managed to push up its average profit per equity partner (PEP) in the latest financial year, reporting a rise of 9 per cent after a two year slump. The firm’s PEP has reached £727,000 for the financial year 2018/19, having dropped below £700,000 in 2017/18. Despite surpassing £700,000, the latest PEP doesn’t […]
The Solicitors Regulatory Authority (SRA) has been accused of “contaminating” evidence as Freshfields Bruckhaus Deringer partner Ryan Beckwith attempts to get his sexual misconduct hearing dismissed. Beckwith appeared in front of the Solicitors Disciplinary Tribunal in April over allegations of non-consensual sex after a firm event. Two, as yet unproven, allegations were brought against him. […]
Taylor Wessing is to lose four of its life sciences and technology partners, including the head of its UK corporate technology practice Adrian Rainey.
Following a spate of acquisitions, NewLaw business Elevate has secured further private equity investment amid aspirations to list in the UK over the coming years. The $25m investment comes from Kayne Partners, taking the amount of capital it has so far deployed to almost $60m. Last April the Los Angeles-based legal services business secured a […]
Two years into its tripartite merger, CMS has reported a single digit rise in its financials to hit €1.36bn. According to the firm, UK turnover grew 5 per cent over 2018/2019 from £518m to £545.8m, with global revenue also rising 5 per cent to €1.36bn. The rise in revenue is much more muted compared to […]
Partners at Mayer Brown are being encouraged to take part in a new mentoring scheme between income and equity members. Law firms generally have been ramping up their progress in this area, whether it be to help women progress to senior roles or learn more about other cultures and backgrounds. Linklaters and Hogan Lovells are […]
