Latest Briefings

Startup Series – II – Building Your Company

I. INTRODUCTION TO BUILDING COMPANY FOR STARTUPS In the first article of our startup series, we have mentioned crowdfunding, which is a contemporary and interesting topic, and dwelled on the conditions of using crowdfunding as an alternative financing source in your company. For the second article of our series, we want to turn our course back a little bit, to the period when your ideas and your startup are slowly maturing. One of the most important questions in mind during the initial period when there is no legal entity yet when there is just you and perhaps your partner, your opinion and effort are undoubtedly “Will we establish a company?”

Why now is the time for a first-class outsourced switchboard

Where others see obstacles, let us see opportunities. Now we are starting to move back into our offices, we’re all looking for ways to make improvements and savings. Especially with additional measures in place to receive staff and visitors. Here is how outsourcing your switchboard can greatly improve your front of house team. And ultimately, your firm’s operations.

Employers should prepare for long-term changes to the world of work

There are of course many negatives arising from the crisis presented by COVID-19. However, there could be real benefits for businesses and their staff if we take some of the opportunities that have been presented and do not just look to revert to the old ways of doing things.

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Pictons

UK 200 Position: 186= Turnover:… Position: 194Firm: Pictons Turnover: £6.7mRevenue per fee-earner: £93KRevenue per lawyer: £172KRevenue per partner: £479KTotal number of fee-earners: 72Total number of qualified partners: 39Total number of partners: 14Total number of female partners: 4Total number of staff: 138

Beachcroft

UK 200 Position: 26= UK 200 … Position: 26 =Firm: Beachcroft Turnover: £114mProfit per equity partner: £310KEarnings per partner: £267KEquity spread: £221K-£490KNet profit: £26.5mProfit margin: 23 per centRevenue per fee-earner: £151KRevenue per lawyer: £196KRevenue per partner: £857KRevenue per equity partner: £1.36mTotal number of fee-earners: 754Total number of qualified partners: 582Total number of partners: 133Total number […]

Ashfords

Position: 85 Firm: Ashfords Turnover: £24.8mProfit per equity partner: £357KEarnings per partner: £205KEquity spread: £170K-£360KNet profit: £7.5mProfit margin: 30 per centRevenue per fee-earner: £93KRevenue per lawyer: £198KRevenue per partner: £428KRevenue per equity partner: £1.18mTotal number of fee-earners: 267Total number of qualified partners: 125Total number of partners: 58Total number of equity partners: 21Total number of female […]

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Wall St woes: Lehman Bros

Oh, the ups and downs of finance lawyers. Three months ago Linklaters’ banking group was filled with gloom after JPMorgan dumped it from every mandate you’ve ever heard of (revealed by The Lawyer, 23 June). But this afternoon the group are the kings of the City, having captured the mandate to advise on the UK […]

Wall St woes: the heat and the cool

It isn’t just financial institutions that are feeling the heat on Wall Street this week. The collapse of Lehman, the acquisition of Merrill Lynch and the effective nationalisation of AIG has left dozens of lawyers facing life without their once lucrative client relationships. Lehman certainly used to be a big deal for Cadwalader Wickersham & […]

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