DWF asked equity partnership for a raise in capital contributions for the first time in seven years, The Lawyer has learned. The call for further contributions was made towards the end of 2017, though fixed share partners were exempt, CEO and managing partner Andrew Leaitherland told The Lawyer. A series of conversations between the firm’s management and fixed-share partners […]
A former Locke Lord partner has been struck off and ordered to pay a £70,000 fine for breaching rules set by the Solicitors Regulation Authority (SRA), causing “immeasurable” harm to the profession’s reputation. Jonathan Denton left the firm in 2015 and his actions saw his former firm struck with a record £500,000 fine from the Solicitors […]
Ahead of her session at the In-house Financial Services conference, BlackRock EMEA head of corporate Baksho Arkan talks to The Lawyer about the role of data analysts within the in-house legal function and the biggest challenges in-house legal teams face when adopting AI. How will AI impact in-house legal teams within the next 5 years […]
Name: Katja Butler Position: Partner Firm: Skadden Trained at: Linklaters In the Hot 100 for: Being a private equity star while still Skadden’s youngest partner globally. Read her full Hot 100 profile. What’s your most vivid memory from being a trainee? Without a doubt my first deal closing. I was a trainee at Linklaters and did a double […]
Harbottle & Lewis is the latest firm to confirm to The Lawyer that it will be changing its financial year-end due to new HMRC rules related to basis period reporting. HMRC’s new rules, which took effect from the 2023/24 financial year starting 6 April, seek to simplify tax payments by taxing a business’ profits in the tax year […]
Watson Farley & Williams has reduced energy usage in its London office by 24 per cent as the firm gears up for an external audit by the British Standards Institute (BSI) towards the end of the year. The firm was aided by an internationally recognised environmental management system (EMS) that helps a business complete 23 […]
Lengthy discussions over Arm’s multibillion-dollar listing proved fruitful for its advisers as the legal fees wracked up ahead of its Nasdaq float. Since Arm’s parent company SoftBank announced in February 2022 that plans to sell to NVIDIA had fallen through, all eyes were on Arm to complete its IPO now valued at $54.5bn (£44bn). For the […]
Boodle Hatfield has joined a raft of firms that have confirmed they will be switching their financial year-end to 31 March due to HMRC’s new tax rules, joining Mishcon de Reya, Macfarlanes, Burness Paul and Weightmans. The new rules will cause administrative headaches for finance teams as they enable HMRC to tax a business’ profits in the […]
Three years after pledging to reward a panel firm for its diversity efforts, BT has made good on its promise and automatically reappointed one of its advisers. BT Group has crowned Addleshaw Goddard as having the best diversity and inclusion (D&I) track record among its existing legal panel, which automatically wins the firm a spot […]
This report contains: ranking of the top 50 firms based on their global litigation revenue generated in the last financial year analysis of financials and headcount growth global trends in litigation over the past year
This report contains: a stratification of the 30 largest global law firms in Continental Europe based on partner headcount a look at what proportion of global partnerships are concentrated in Europe an analysis of firms’ presence in Europe’s five key financial centres
Read this report in order to understand: How key changes in the market are transforming the role of in-house teams Current attitudes and level of adoption of artificial intelligence tools Organisations’ approach to a flexible working culture Projected spend on external legal counsel over the next five years Feedback on quality of service received from […]
Identify key recruitment trends in the real estate legal market across all sectors from The Lawyer’s proprietary jobs data Get critical data on firms that have hired most real estate lawyers and firms that have lost most real estate lawyers. Also see where a firm’s hires have come from and where a firm’s lawyers have gone […]
This report contains: an overview of the UK corporate market in 2022 analysis of financial performance at the top 50 City firms ranked by UK-generated corporate revenue a focus on the energy and infrastructure (E&I) sector which remains active during a year of deals slowdown
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The latest mergers in Scotland will be followed by more soon enough
The Lawyer’s first Regional Powerhouse Ranking shows the strength of the UK’s legal market outside London
A period of radical change has descended on the profession, with firms contending with a raft of organisational challenges. Major tax reforms are underway for the 2023/24 year, with many firms expected to issue cash calls to satisfy the income tax bills from HM Revenue & Customs. But this one-off hit is little compared with […]
How many people does it take to keep lawyers honest? For the Solicitors Regulation Authority (SRA) the answer is 646. That’s how many people were employed by the body that regulates solicitors across England and Wales as of October 2022, with headcount having grown by nearly 50 since 2018. In turn, those 646 members of […]
The reimagining of the office is a hallmark of the post-pandemic era. In 2022, law firms took 1.5m sq ft of space in London, a new record, according to Knight Frank. And this isn’t a phenomenon confined to the capital: from Glasgow to Plymouth, law firms are leading the climate-friendly office revolution. The upcoming The […]
Harbottle & Lewis is the latest firm to confirm to The Lawyer that it will be changing its financial year-end due to new HMRC rules related to basis period reporting. HMRC’s new rules, which took effect from the 2023/24 financial year starting 6 April, seek to simplify tax payments by taxing a business’ profits in the tax year […]
Watson Farley & Williams has reduced energy usage in its London office by 24 per cent as the firm gears up for an external audit by the British Standards Institute (BSI) towards the end of the year. The firm was aided by an internationally recognised environmental management system (EMS) that helps a business complete 23 […]
Lengthy discussions over Arm’s multibillion-dollar listing proved fruitful for its advisers as the legal fees wracked up ahead of its Nasdaq float. Since Arm’s parent company SoftBank announced in February 2022 that plans to sell to NVIDIA had fallen through, all eyes were on Arm to complete its IPO now valued at $54.5bn (£44bn). For the […]
Boodle Hatfield has joined a raft of firms that have confirmed they will be switching their financial year-end to 31 March due to HMRC’s new tax rules, joining Mishcon de Reya, Macfarlanes, Burness Paul and Weightmans. The new rules will cause administrative headaches for finance teams as they enable HMRC to tax a business’ profits in the […]
Three years after pledging to reward a panel firm for its diversity efforts, BT has made good on its promise and automatically reappointed one of its advisers. BT Group has crowned Addleshaw Goddard as having the best diversity and inclusion (D&I) track record among its existing legal panel, which automatically wins the firm a spot […]
