From the myriad of amusing moments enjoyed by The Law-yer’s scribes over the course of researching this year’s The Lawyer 100 (published today) come these two gems. (Out of the kindness of Tulkinghorn’s big heart, both firms shall remain nameless.)
First, hats off to the incredibly efficient south coast firm that somehow managed to post a bills recovery rate of 115 per cent. See, you City types? That’s what you call striking the right work-life balance.
We also liked the non-commital reply of one well-known firm to what seemed a perfectly straightforward request for information. The question: “Do you operate a lockstep or a merit-based remuneration system?” The answer: “Yes”.
Property: is it too hot for the private equity players?
In light of Canary Wharf, Dearbail Jordan reflects on the lack of interest from private equity houses Just when it seems that the market has completely sunk into summer stagnation, up jumps a lovely big deal to keep lots of lawyers happy. The much-talked-about public-to-private of Canary Wharf Group, estimated to be worth around £1.4bn, […]