Clarke Willmott has posted revenue of £51.7m for the 2019/20 financial year. The figure is an increase of £2.3m, or 4.6 per cent, on 2018/19. Profit stood at £11m, down from £11.4 million and average profit per equity partner was £201,000, down from £234,000. The firm’s CEO, Stephen Rosser, said: “I am pleased with our […]
DLA Piper is to resume partner profits distributions in August following a three-month delay, The Lawyer understands. The firm is expected to hold an over-distribution round at the end of the summer that includes profits from the last financial year. This comes as the firm deferred its regular May distribution, with the expected August round […]
How in-house lawyers can encourage the use of tech in their companies.
As more people look to the corporate world to take more responsibility for its actions, environmental, social, and governance (ESG) finance is on the rise, with green bonds the new currency
Tune in for the the latest episode of The Lawyer Podcast, hosted by editor Catrin Griffiths and litigation editor Christian Smith. In the latest episode, we speak to a law firm leader about their partnership with Scottish ballet, while international editor Alex Taylor joins to discuss his recent trip to Norway. Finally, there’s a success […]
Linklaters has promoted another bumper round of lawyers to partner, including 16 in its City office. The 41-strong global round matches the number of new partners in 2022. There was one less promotion in London compared to last year when 17 were made up. Corporate is the major beneficiary of London promotions this year, with […]
Latham & Watkins has bolstered its antitrust and competition practice by hiring a partner from Linklaters. Simon Pritchard makes the move, having spent more than 10 years at the magic circle firm. Before that, he was a partner in Allen & Overy’s antitrust practice. Pritchard has also served as the UK’s first senior director for […]
Investment manager M&G has hired a new general counsel ahead of the departure of longstanding head Alan Porter. Charlotte Heiss is joining M&G as its new general counsel and company secretary, as Porter prepares to leave after ten years in the role. Heiss joins from the Very Group, where she has been group general counsel […]
Firms including Clifford Chance, Hill Dickinson and Shoosmiths have secured spots on The Co-operative Bank’s legal panel. Clifford Chance is the only magic circle firm on the 10-strong list. It is joined by transatlantic, global firms such as DLA Piper, Eversheds Sutherland, Hogan Lovells and White & Case. Firms with more of a UK focus […]
This report includes: an overview of HMRC’s basis period reform and the new rules for the transition year the impact of this change on firms and their equity partners analysis of the extent to which a consensus has been reached on the most effective ways of preparing for the new rules.
This report contains: a stratification of the 26 UK Top 100 firms, plus three key Independents, present in Leeds a breakdown of headcount and growth data for all 29 firms commentary of the key challenges and opportunities for firms in the city
This report contains: ranking of the Nordic 50 firms on a headcount basis analysis of the four jurisdictions in the region gender diversity at firms in the Nordic region in focus.
This report contains An overview of cases heard at the courts in Dubai, Singapore and Hong Kong Jurisdiction specific profiles
This report contains: an overview of Eversheds Sutherland’s litigation practice in the UK analysis of financial performance and headcount metrics a detailed look at the firm’s national approach a breakdown of the firm’s four core disputes practices.
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There is a beautiful sort of symmetry that can be found in Slaughter and May’s investment cycle. Either someone in Bunhill Row has done the maths, or by now it just comes naturally. A strict eye on partner headcount, coupled with a very, very slow revolving door, means that growth in each practice area mirrors […]
According to a recent study by Irwin Mitchell, Exeter is projected to be the UK’s fastest growth city in the next few years. It’s rather a shame for Irwin Mitchell that the closest it gets to Devon is an office in Bristol, but there are other firms that are champing at the bit. With little […]
Wondering why your divorce instructions have dried up? Stowe’s arrived in town
Alas, poor Shearman. The news hasn’t been kind of late. However, the preliminary M&A rankings for 2023 will make for happy reading at the firm. According to data provided by the London Stock Exchange, the firm has so far worked on 36 public M&A transactions globally, valued at $31.3bn. That makes it the sixth most […]
If the UK wants to get serious on white-collar crime, it needs to spend more
Stalling margins could break the defendant insurance market
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. The level of cash at Linklaters has fallen by 50 per cent over the past three years, more than any […]
Shoosmiths has been on call for retailer Cath Kidston, following its acquisition out of administration by Next. The firm worked with Cath Kidston’s administrators at PwC in the sale, with restructuring head James Keates at the helm alongside London partner Lee Sennett. Other members of the team included Birmingham-based principal associate Charlotte Broster, senior associate […]
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. Law firms are gearing up for the impact of an HM Revenue & Customs-led change to the way equity partners […]
Three firms have been selected to work on chipmaker Arm’s highly anticipated IPO, The Lawyer can reveal. A team from Morrison & Foerster will be working on the issuing side in the US, with Slaughter and May allocated to the UK component. Davis Polk & Wardwell has landed the mandate on the underwriting side for the […]
The Bar Standards Board (BSB) is in the process of deciding whether disciplinary action should be taken against a group of barristers who have signalled their intention to disobey the cab-rank rule. Last week, a group called Lawyers Are Responsible issued a declaration that focused on the need for faster and stronger action for the […]
The Competition & Markets Authority has relaxed its stance on Microsoft’s proposed takeover of Activision Blizzard for nearly $69bn, in what will be welcome news for the IT giant’s antitrust lawyers at Weil Gotshal & Manges. Last month, the UK regulator said that the deal raised competition concerns in relation to both console gaming and […]
