Bird & Bird is advising a non-profit cryptocurrency group in the battle over Bitcoin, as it demands a judicial declaration that Australian computer scientist Craig Wright is not the digital coin’s creator. Wright proclaims he penned and owns the copyright to a Bitcoin whitepaper published in 2008 under the pseudonym Satoshi Nakamoto, which first outlined […]
Don’t fear change, change is good!
The balance of power in London has shifted away from the traditional UK firms.
Three US firms boosted their UK revenue by more than 30 per cent during 2020, The Lawyer can reveal, as the total turnover generated by the 50 largest US firms rose by 10 per cent, from $6.04bn to $6.67bn. Overall, 23 US firms posted a UK revenue increase in excess of 10 per cent while […]
Green finance remains high on the agenda despite the potential distractions of COVID-19 and Brexit. Chancellor of the Exchequer Rishi Sunak has already set out further developments in the UK Government’s plans for the future of financial services post-Brexit. Alongside updates on approach to matters including equivalence and financial technology, the announcement emphasised the UK’s intention to remain a leader in green finance.
While it would have been easy for sustainability to take a back seat in the rush to repair economies damaged by COVID-19, the pandemic has strengthened the resolve of governments and corporations to ‘build back better’.
Need for a regulatory framework to be established as renewables take off.
Following a period of recent change for the worse in M&A (and PE exits) activity, due to political uncertainty and governance issues, can local strategy – combined with Africanising operations – and positive business sentiment improve the current state of affairs?
Transformation and operational excellence opportunities are significant across the legal sector, with much to be learnt from the successes and failures of others
Bird & Bird is advising a non-profit cryptocurrency group in the battle over Bitcoin, as it demands a judicial declaration that Australian computer scientist Craig Wright is not the digital coin’s creator. Wright proclaims he penned and owns the copyright to a Bitcoin whitepaper published in 2008 under the pseudonym Satoshi Nakamoto, which first outlined […]
Don’t fear change, change is good!
The balance of power in London has shifted away from the traditional UK firms.
Three US firms boosted their UK revenue by more than 30 per cent during 2020, The Lawyer can reveal, as the total turnover generated by the 50 largest US firms rose by 10 per cent, from $6.04bn to $6.67bn. Overall, 23 US firms posted a UK revenue increase in excess of 10 per cent while […]
CMS is switching partner profit distributions back to its traditional bi-monthly schedule after temporary changes adopted during the pandemic, The Lawyer has learned. It is understood the firm moved to quarterly distributions last year, when it found itself in a position to resume the rounds following an emergency hiatus in the early part of the […]
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Three Lions on the shirt, but who’s the best in Europe?
The combination of inflation and a busy year for corporate law firms should drive up associate salaries.
Another year, another law firm IPO. And this time it’s Travers that will be picking up the fees from Mishcon.
Paul Weiss’s London office is very profitable but could do with a few more partners.
Law students increasingly view US firms as more attractive places to work.
Yingke’s franchise like model has enabled it to double in size in the last five years.
Reed Smith is to review its admin function, in a process that will entail voluntary redundancies across its network. The firm has started a firmwide project called “Connectivity Initiative” that was launched in November 2020 to examine the effectiveness of its support function. As part of the process, the firm is offering a voluntary redundancy […]
The over retention of data poses numerous risks and added costs, especially around privacy, security, and GDPR compliance. But removing the blockers for data disposal and implementing a robust records management and information governance program is no easy feat. In-house counsel and records management teams of companies across every industry are struggling to remove barriers […]
Inmarsat’s VP for legal affairs has taken on a new role at a business advisory company, six months after the departure of general counsel Trudy Cooke. Christian Fahey joins Washington-headquartered Ankura as executive director and associate GC for EMEA and APAC as its first international lawyer, after nearly five years at satellite company Inmarsat. In […]
Clifford Chance is postponing the implementation of its long-term UK remote working policy, in light of potential changes in the Government roadmap. The magic circle firm has communicated internally that its policy will kick off in September rather than June. The Lawyer revealed the new arrangements in late April, which were announced as the firm […]
Clyde & Co’s North American and Canadian chair has been elected as the firm’s new senior partner, after former leader Peter Hirst stepped down last year. Montréal-based Carolena Gordon has taken the top job, winning the election against UK partners James Cooper and Chris Murray. Gordon is the first partner from outside the UK to […]
Dentons has completed its business services consultation, resulting in over 60 voluntary redundancies. The consultation was launched at the beginning of the year and impacted up to 87 roles. Dentons confirmed that 67 employees (35 secretaries and 32 business services staff) opted for voluntary redundancy while two roles were cut. In addition, six secretaries and 14 […]
