Mishcon de Reya has successfully struck out a harassment claim from a former client who argued one of the firm’s ex-senior associates caused her alarm, anxiety and distress, The Lawyer can reveal. The harassment claim forms part of a wider piece of litigation regarding Mishcon’s alleged breach of duty in a historic dispute about the […]
Associates in the US offices of Clifford Chance are set to be rewarded with a special bonus round. The overseas arm of the magic circle firm will dish out a separate round of bonuses for 2020 in late January based on performance and personal efforts. An internal memo said the bonuses were in “recognition of […]
DAC Beachcroft will repay UK government funds used to place staff on the furlough scheme. The firm has taken the decision to repay the monies after it performed well in the last six months. It will repay the funds by the end of 2020 and joins a host of firms who have made the same […]
2021 is the ideal time for law firms to start leveraging up.
Mishcon de Reya has successfully struck out a harassment claim from a former client who argued one of the firm’s ex-senior associates caused her alarm, anxiety and distress, The Lawyer can reveal. The harassment claim forms part of a wider piece of litigation regarding Mishcon’s alleged breach of duty in a historic dispute about the […]
Associates in the US offices of Clifford Chance are set to be rewarded with a special bonus round. The overseas arm of the magic circle firm will dish out a separate round of bonuses for 2020 in late January based on performance and personal efforts. An internal memo said the bonuses were in “recognition of […]
DAC Beachcroft will repay UK government funds used to place staff on the furlough scheme. The firm has taken the decision to repay the monies after it performed well in the last six months. It will repay the funds by the end of 2020 and joins a host of firms who have made the same […]
2021 is the ideal time for law firms to start leveraging up.
By Jack Rodway Innovation for law firms can come in a whole host of different forms. Sometimes it’s achieved through digital transformation. Sometimes it’s the transformation of a company’s culture. Sometimes it sees the traditional partnership model turned completely on its head. In a competitive market in which everybody is trying to shout about their […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Frustrated Solicitors Qualifying Examination (SQE) candidates are calling on the SRA to increase accessibility to the appeals process after a results error saw 175 candidates mistakenly told they had failed their exams. On Monday last week, the SRA announced that 175 candidates who sat SQE1 in January and were told they had failed on 14 […]
The administrators of collapsed firm Axiom Ince have filed a creditors’ bankruptcy petition against its former boss. Filed at the end of last week, the petition will seek to force Pragnesh Modhwadia’s bankruptcy, The Lawyer understands, applying to the court for his assets to be taken and sold to pay debts to the administrators. Pinsent Masons […]
Partnership promotions are continuing apace, with three City firms announcing a fresh new set of partners for 2024. Addleshaw Goddard has bumped up 26 lawyers this promotions round, which is the largest number of lawyers to make partner in one go in the firm’s history. The international firm’s partner count now stands at 429. Nine […]
Cooley is set to defend social networking and dating app Grindr in a High Court class action launched by Austen Hays, a new collective actions firm owned by Gateley. The claim alleges that Grindr is in breach of UK data protection laws for sharing sensitive data with third parties for commercial purposes without their users’ […]
Norway’s Sands has suffered one of the largest mass defections in its history after six partners left to join Big Five firm Wiersholm in Trondheim. The hires bolster Wiersholm in a range of the firm’s key sectors, including marine law, renewables, technology, real estate and tax. The firm has committed to further growth over the […]
