⭐ Financial results 2022: Live
This live blog charts law firms’ results for the 2021/22 financial year.
City associates offered partner-style pay in Boies recruitment drive
Boies Schiller is giving UK associates the option of either partner-style “formula compensation” or standard salaries to recruit and retain new talent, The Lawyer can reveal. Each City associate at Boies Schiller can now choose whether to receive a standard market competitive annual bonus or instead be paid a percentage of the number hours they […]
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How thinking like a lawyer can affect your mental health
We often hear the phrase ‘think like a lawyer’ but what does it really mean? Most would say it means paying attention to detail, skill at making an argument, a drive for perfection, an obsession for detail, analysing risk and all possible outcomes, preparing for the worst. All these skills make an excellent lawyer but […]
The Lawyer European Awards 2022: who’s made the shortlist?
The Lawyer European Awards is back and ready to crown the crème de la crème of the European legal market next month. Here is the shortlist. This year, 24 prizes are up for grabs as law firms, in-house teams and networks battle for regional accolades, the best initiatives and teams of the year across several practice […]
Housing association sues Capsticks for £170,000 after it “failed to act with reasonable skill”
⭐ Financial results 2022: Live
This live blog charts law firms’ results for the 2021/22 financial year.
City associates offered partner-style pay in Boies recruitment drive
Boies Schiller is giving UK associates the option of either partner-style “formula compensation” or standard salaries to recruit and retain new talent, The Lawyer can reveal. Each City associate at Boies Schiller can now choose whether to receive a standard market competitive annual bonus or instead be paid a percentage of the number hours they […]
1
How thinking like a lawyer can affect your mental health
We often hear the phrase ‘think like a lawyer’ but what does it really mean? Most would say it means paying attention to detail, skill at making an argument, a drive for perfection, an obsession for detail, analysing risk and all possible outcomes, preparing for the worst. All these skills make an excellent lawyer but […]
The Lawyer European Awards 2022: who’s made the shortlist?
The Lawyer European Awards is back and ready to crown the crème de la crème of the European legal market next month. Here is the shortlist. This year, 24 prizes are up for grabs as law firms, in-house teams and networks battle for regional accolades, the best initiatives and teams of the year across several practice […]
Paul Hastings swoops on Latham for finance team hire
Latham & Watkins is set to lose a team of finance partners to Paul Hastings’ London office. The Lawyer has learned that finance partners Mo Nurmohamed, Ross Anderson, Karan Chopra and Rob Davidson are leaving Latham to bolster Paul Hastings’ finance practice. Nurmohamed and Anderson are both the heads of Latham’s London lender-facing team. Of […]
The SRA is on the ropes
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
Some firms have all the luck
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
Your managing partner is off on one again
It seems that one of the chief attributes of managing partners is wild optimism. You can’t move for law firm leaders committing their firms to hardcore five-year targets – particularly in the upper mid-tier, where we’re hearing of plans to double or even triple revenues by the end of the decade. We’d like some of […]
Bristol has too many lawyers
What do Southend-on-Sea and Slough have in common? The answer is that they are the largest urban settlements in Britain without a UK200 law firm. The denizens of these benighted places have to make do without so much as a solitary capital markets lawyer to keep the wheels of commerce turning. Can you imagine? Perhaps […]
The more partners you make, the better
It’s new partner season for UK firms, when hundreds of happy associates are granted new status, obligations and bragging rights. Most firms lag behind Kirkland & Ellis, though, which made up 26 in London this year alone. Like the Roman Empire, Kirkland has always made generous grants of citizenship to expand its borders; the more […]
Emergency Episode: The SQE shambles
The Lawyer‘s Christian Smith, Catrin Griffiths, Richard Simmons, Katy Dowell and Charlotte Lear are joined by College of Legal Practice CEO Giles Proctor for this emergency episode of The Lawyer Podcast as they discuss the latest Solicitors Qualification Exam debacle: marking errors that led to 175 students being incorrectly told they had failed. What went […]
Fieldfisher boosts German offering with 11-strong hire
Fieldfisher is bolstering its German presence with a hire of 11 lawyers from local firm SKW Schwartz, in an effort to expand its media, technology and IP offerings. The hire includes partners Martin Diesbach, Gerd Hansen and Elisabeth Noltenius, joined by lawyer Julia Schafdecker, who specialise in media, entertainment and digital business. This will up […]
Goodwin funds partner lines up Debevoise move
Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]
Barclays exodus: 44 lawyers leave as strategic overhaul kicks in
Barclays lost 44 lawyers in its legal team over 2023, almost four times the average number of leavers across the UK’s top banks. The banks with the second highest number of leavers is tied between HSBC and NatWest, with 12 lawyer exits each, according to indicative data. On the other end of the scale, Royal […]
CMS unveils 54-strong promotions round
CMS’s promotion numbers have ebbed slightly in its latest round seeing 10 elevated to the partnership in the UK and a total of 54 globally. In 2023, CMS promoted 65 lawyers to partner globally, with 16 of these in the UK, compared with 40 in mainland Europe. For this year the UK cohort is made […]
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