An 8 per cent increase in turnover at Mishcon de Reya last year saw the firm break through the £160m barrier for the first time in its history, posting £161.3m for the 2017/18 financial year. The increase in the firm’s top line means it has now added more than £30m in revenue growth in the […]
Gateley’s revenue has increased by 11 per cent from £77.6m to £86.1m in its third full year as a listed entity. The firm posted double-digit rises across the board for 2017/2018, with profit before tax increasing by nearly 12 per cent from £13.1m in 2016/2017 to £14.6m. Adjusted earnings before interest and tax (EBITDA) saw a […]
It is a historical oddity of magic circle figures that there is always one firm that has an off year.
Fieldfisher is making bonuses available for non-fee earners in the UK for the first time, after a string of stand-out financial results from the firm. The move means high-performing staff in Fieldfisher’s business services’ functions, for example, will be granted a bonus. However, the rewards are discretionary, meaning not everyone will be in line for […]
In-house counsel have described DAC Beachcroft’s meeting rooms as “a miserable dungeon”, as part of an attitudinal survey on workspace carried out by The Lawyer.
Smaller UK firms are bracing for a tough year, with Brexit the main cause of concern for the UK’s regional and independent players, exclusive UK 200 research has shown.
The collective revenue of the UK 200’s independent firms is on the brink of hitting £1.5bn, The Lawyer’s new report released today (9 October) reveals.
The difference in size between the largest and smallest firms in the UK 200 has widened by almost 6 per cent year-on-year, new research by The Lawyer reveals.
More than half the European 100 either had no net change, or a net decrease, in female partner numbers last year.
Independent European firms are more worried about cyber security risks to their business than they are about global politics, Brexit or the Trump administration, exclusive research has revealed. Almost two-thirds of firms responding to the European 100 survey this year said they had identified cyber security as a risk for their business in 2018. The […]
Iberian firm Garrigues has become the first Continental European firm to break through the €350m (£307m) turnover barrier, holding its place as the largest independent firm in The Lawyer European 100. Garrigues posted a 2.2 per cent rise in revenue last year to push total income to €357.1m, keeping it comfortably ahead of French firm […]
Revenue growth slowed for many European law firms last year, with many blaming the UK’s referendum over its membership of the EU as the major cause.
Dentons has agreed a merger with Dutch firm Boekel, based in Amsterdam.
In 2016, the total turnover for the Continent’s top 100 firms broke through €9bn (£7bn) for the first time.
After a year of buoyant M&A activity and a continued flow of contentious and restructuring work, the financial results for the biggest European firms are in – and it was a record year
This week’s in-house interview sees Bjarne Tellmann, general counsel at publishing giant Pearson, go into detail about cultural change in an organisation. It took Tellmann – listed in The Lawyer Hot 100 this year, and whose function is shortlisted for In-House TMT Team of the Year at The Lawyer Awards next month – just 12 […]
Revenue and profits were up across much of the Continent last year as the European 100 gained a new top-ranked firm, France’s Fidal. Overall, 2014 was a good year across Europe. Even though not all markets are out of recession the combined turnover of the European 100 rose by around 5 per cent, to €8.6bn […]
Norton Rose Fulbright has restarted merger talks with Australian independent firm Henry Davis York (HDY), with partners expected to vote on the proposed union in the coming weeks.
Is Asia turning out to be a headache? This week we publish our annual Asia-Pacific 150, which follows hard on the heels of our new Global 200.
Volatility, consolidation and competition sum up 2015 in Asia’s crowded legal markets, exclusive research by The Lawyer has found.
Since 2013, the Top 30 firms in China has taken giant strides forward, with average revenue and headcounts soaring.
President Xi Jinping’s recent visit to Britain has supposedly opened a “golden era” in the relationship between the countries.
The first ever report into the financial results of the elite Chinese firms, The Lawyer China Elite 2015, was published on Monday. It identified the 30 largest Chinese firms by annual turnover and found that all but one posted growth in the 2014/15 financial year. Chinese giant Dacheng claimed the highest annual turnover among all […]
Overseas expansion and global alliances aside, this year’s China Elite report puts equal emphasis on the internal transformation and evolution some of the top-tier firms are currently undergoing. It will discuss how the leadership teams plan to improve firm governance, management and financial integration, which are of paramount importance for the next critical decade of […]
By Darran Brennan The World Economic Forum has defined Artificial Intelligence (AI) as an element of the fourth industrial revolution (4IR) and something which will change our world and workplaces. This is similar to the changes envisaged during the previous industrial revolutions (let’s not forget the fears of the Luddites) but what is different now […]
In the second half of 2015 Vodafone began to review the workflow of its property legal team. The impetus behind the move was to get away from the in-house team’s immersion in every part of the property process, allied to a requirement across the business for greater efficiency, visibility of risk and digitisation. The Vodafone […]
By Andrew Mills Facebook is set to be fined £500,000, the maximum amount possible, for two breaches of the Data Protection Act 1998 (DPA 1998). Due of the timing of the breaches, the ICO was unable to levy the fines introduced by the General Data Protection Regulation (GDPR), which caps fines at the higher level of 20m […]
By Gavin Ferguson and Alice Bricogne In this Q&A Advocate Gavin Ferguson and senior associate Alice Bricogne explain how changes in the industry since the trusts boom in the 1980s and early 1990s have led to the blurring of the lines between contentious and non-contentious practitioners…
By Connie Cliff and Martin Chitty Treatment of “sleep-in” shifts for national minimum wage (NMW) purposes is an area that can often cause confusion. Where a worker is required to work a number of sleepin night shifts at the employer’s premises, and be available in case of an emergency, does the full night shift constitute ‘working’ […]
By Chris Garrod, Director and Jacqueline King The Companies and Limited Liability Company (Initial Coin Offering) Amendment Act, 2018 (the “ICO Act”), which amends both the Bermuda companies and limited liability company legislation, came into force on 9 July 2018, providing a framework for the regulation of initial coin offerings in Bermuda. ICO Regulations1, expanding on […]