Bird & Bird has reopened its London office as part of a phased reoccupation project. The office was subject to a soft opening last week. Only those who can’t work productively from home are encouraged to access the Fetter Lane premises, while the largest part of the workforce will still be operating remotely until UK […]
CMS saw its global turnover grow by just under 5 per cent to €1.42bn last year, its third financial results since its merger with Olswang and Nabarro, It marks an increase from the previous 12 months’ €1.36bn, with the latest results covering the 2019 calendar year. Its UK LLP had a similar performance, this time covering […]
The Serious Fraud Office has fined security company G4S £44m, as part of a deferred prosecution agreement (DPA) bringing a six-year investigation to an end. The fine will see G4S avoid prosecution for overcharging the Ministry of Justice for the electronic tagging of offenders. The SFO said G4S had accepted responsibility for three counts of fraud that […]
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
Bird & Bird has reopened its London office as part of a phased reoccupation project. The office was subject to a soft opening last week. Only those who can’t work productively from home are encouraged to access the Fetter Lane premises, while the largest part of the workforce will still be operating remotely until UK […]
CMS saw its global turnover grow by just under 5 per cent to €1.42bn last year, its third financial results since its merger with Olswang and Nabarro, It marks an increase from the previous 12 months’ €1.36bn, with the latest results covering the 2019 calendar year. Its UK LLP had a similar performance, this time covering […]
The Serious Fraud Office has fined security company G4S £44m, as part of a deferred prosecution agreement (DPA) bringing a six-year investigation to an end. The fine will see G4S avoid prosecution for overcharging the Ministry of Justice for the electronic tagging of offenders. The SFO said G4S had accepted responsibility for three counts of fraud that […]
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
Clifford Chance is looking to resume distribution of its profits to the partnership, but will lower their amount for the foreseeable future. The Lawyer understands that the firm normally distributes profits in March, June, September and December. Sources say the March round was injected into the business, while the June round will be now distributed […]
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 […]
