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According to a recent survey conducted by The Lawyer in association with Wolters Kluwer, all legal departments across the U.K. expect to use legal technology in some form within the next five years. However, just 40% have a digital strategy to support their initiatives. Watch this discussion on the role of legal technology and […]
Clifford Chance is handing out special bonuses for its US associates, weeks after having announced a similar reward for its UK lawyers. The firm will pay the bonuses in two payments, the first one on June 30 and the second one on December 30 respectively. They will be based on an assessment of each associate’s […]
Case study on Scania’s use of legal tech to improve legal’s business engagement.
Simpson Thacher & Bartlett’s London office revenue grew by 15 per cent in 2020, ahead of a spate of partner hires made earlier this year. Turnover rose from $201m to $232m. The growth rate is ahead of the previous year’s 14 per cent rise that took the New York-headquartered firm’s City turnover through the $200m mark for […]
Firms have to offer better deals to keep hold of their regional talent.
According to a recent survey conducted by The Lawyer in association with Wolters Kluwer, all legal departments across the U.K. expect to use legal technology in some form within the next five years. However, just 40% have a digital strategy to support their initiatives. Watch this discussion on the role of legal technology and […]
Clifford Chance is handing out special bonuses for its US associates, weeks after having announced a similar reward for its UK lawyers. The firm will pay the bonuses in two payments, the first one on June 30 and the second one on December 30 respectively. They will be based on an assessment of each associate’s […]
Case study on Scania’s use of legal tech to improve legal’s business engagement.
Simpson Thacher & Bartlett’s London office revenue grew by 15 per cent in 2020, ahead of a spate of partner hires made earlier this year. Turnover rose from $201m to $232m. The growth rate is ahead of the previous year’s 14 per cent rise that took the New York-headquartered firm’s City turnover through the $200m mark for […]
Stephenson Harwood is kicking off a comprehensive strategic review of the firm for the first time in five years, The Lawyer can reveal. The review will set Stephenson Harwood’s direction for the next three to five years and will be spearheaded by CEO Eifion Morris. The audit will be split into seven workstreams, focusing on […]
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Four US City firms have topped $10m in revenue per partner
Rising professional indemnity rates threaten to destabilise the market
One firm has set the precedent for a controversial WFH policy
Revenue per lawyer has jumped by 44 per cent in three years at Paul Weiss
All change for partners in the quartet right now
Litigators are circling Slater & Gordon
Allen & Overy is on the lookout for space in Dublin, as it seeks regulatory approval to practise from the Republic of Ireland capital. The Lawyer understands the purpose of the outpost is to accommodate the firm’s latest litigation addition David Herlihy, who joined the magic circle firm last month after more than 20 years […]
CMS has decided to introduce beehives across its UK and international offices as part of the firm’s new sustainability programme. The news comes five years after The Lawyer reported that Olswang’s 80,000 bees were looking for a new home ahead of its merger with CMS. CMS’s new initiative to bring in beehives coincides with World Bee […]
Latham & Watkins has dethroned Kirkland & Ellis as London’s largest US firm by revenue after overtaking its closest rival over 2021. Latham’s broad City practice, powered by consistent investment over recent years, sees it reclaim the number one spot in The Lawyer’s exclusive ranking of US firms in the UK by revenue it last […]
Kirkland & Ellis is one of two US firms set to open an office in Miami, recruiting lawyers to bulk out its headcount in the fledgling base. Four existing Kirkland partners will relocate to kickstart operations. They are Chicago trio Jeremy Liss, Matthew Arenson, Jeffrey Swatzell, who work in the firm’s corporate and private equity […]
Linklaters, Slaughter and May and White & Case have scored mandates on the sale of UK repairs company HomeServe to Toronto-based Brookfield Asset Management for a deal valued at £4bn. Brookfield said in a statement that HomeServe’s shareholders will acquire £12 a share in cash, which will be financed by equity drawn from funds from […]
Knights has continued its expansion with the acquisition of Coffin Mew. The acquisition will add 102 fee earners to Knights, which has expanded rapidly though mergers in the last few years. Prior acquisitions include Spearing Waite, ASB, Shulmans, Mundays, Keebles, Archers Law and most recently Langleys. Under the terms of the acquisition, Knights will acquire […]
