Slaughter and May has billed the Government more than £22m since the start of the credit crunch, pocketing £4m in a single month at the height of the crisis.
Dechert and Chadbourne & Parke are currently locked in a battle over the future of a five-partner team in the latter’s Moscow office. Dechert looked set to unveil the hire of the group, which includes Chadbourne’s Russia head Laura Brank, yesterday (7 May). However, a last-ditch attempt to persuade some or all of the group […]
A law lecturer at Manchester Metropolitan University has branded students there as “lazy”, claiming an exam board had to top up their grades. A law lecturer at Manchester Metropolitan University has branded students there as “lazy”, claiming an exam board had to top up their grades. Walter Cairns said 20 marks were added to the […]
Much like the oil companies it covets as clients, Hogan Lovells’ Moscow office is leaking a major resource all over the place. The latest to head off is dispute resolution partner Dominic Pellow, who has left to become a practice head at Baker Botts (see story). Pellow is the third partner to leave since the […]
Law firms have begun the scramble to win contracts from the London Boroughs Legal Alliance (LBLA), a scheme that could eventually see all London councils served by a single panel. Law firms have begun the scramble to win contracts from the London Boroughs Legal Alliance (LBLA), a scheme that could eventually see all London councils served by a single panel. The […]
Slaughter and May has billed the Government more than £22m since the start of the credit crunch, pocketing £4m in a single month at the height of the crisis.
The mammoth Russian aircraft claims are set to continue in England and Wales after today’s High Court judgment dismissed defendants’ applications to have the dispute heard in Russia. The Russian aviation claims are one of The Lawyer’s top 20 cases of 2024, seeing aircraft lessors take on their insurers for vessels trapped in Russia since […]
Travers Smith has been hit by a data subject access request (DSAR) from former UKIP leader Nigel Farage following the firm’s review into the controversial closure of the politician’s bank accounts at Coutts. In July last year, NatWest brought Travers in to investigate Coutts’ accounts closure policies after Farage’s accounts with the bank’s wealth management arm […]
The new episode of The Lawyer Podcast is out now! Grabbing the attention of aspiring solicitors and spectators alike, criticism of the Solicitors Qualifying Examination has torn through the media over the weeks following the most recent set of results. From City firms dropping training contracts from offer holders after failing on their first attempt, […]
Welcome to your weekly edition of The Hearing, your insider’s guide to the UK litigation market. Yesterday marked the last day of the Hilary Court term, so in this final edition of The Hearing before we take next week off, we take a look at the Supreme Court decision that has come as a relief […]
Trowers & Hamlins has become the latest firm to offer an innovation seat to its trainees as a part of its training contract. From the beginning of April, trainees at Trowers will have the option to sit in the innovation team and develop their competency in legal tech. Trowers’ training contract is divided into four […]
This report contains: an overview of the history of UK and US firm in Russia an analysis of the opportunities, challenges and litigation brought on by sanctions regimes a summary of the firms acting in Russian litigation in London
This report contains: an analysis of 15 UK firms’ cash flow management and lock-up trends over the past five years lock-up correlated with profitability to demonstrate the impact of strong financial management for firms’ bottom line details on the adoption of technology by firms to make their financial management more efficient
This report contains: an overview of the international strategies of the Iberian firms in The Lawyer‘s European 100 an analysis of the expansion strategies of Spanish and Portuguese-heritage firms in key jurisdictions outside of Iberia
This report contains: an analysis of the Scottish legal market as a whole, covering key locations and sectors the challenges and opportunities of doing business in the country analysis of the Scottish independent firms’ efficiency
This report contains: a look at the profitability and growth of Quinn Emanuel’s London office since its opening in 2008 an analysis of Quinn’s bench strength and how it weighs up against competitors an overview of Quinn’s practice in London
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Search vacanciesAssociate churn is gathering pace across some of the largest UK firms
GenAI will force firms to re-evaluate their pricing models
No corporate promotions at Slaughter and May, but that doesn’t mean investments have been curtailed
How many trainees does it take to build a law firm? We welcome your suggestions for punchlines on that one (winner gets published in a future Horizon). But if one was inclined to think of a serious answer, one would naturally say that the larger the firm, the more graduates you need. After all, big […]
In the lower echelons of The Lawyer UK200, some firms are contending with major succession issues that could mean there is little option to find a merger deal whatever the cost. Growth is increasingly hard to come by for the Independent firms (ranked 101-200), but that doesn’t mean it’s all doom and gloom. Analysis by […]
Scandinavian firm Hannes Snellman has finalised the split between its Swedish and Finnish businesses, citing “a divergence of the business strategies…in Helsinki and Stockholm”. The firm announced in February 2024 that the split would take place and the necessary arrangements have taken place splitting the offices into two distinct entities under the Hannes Snellman operating […]
With the 2023/24 financial year-end just days away, law firm leaders are doing everything they can to make sure no bill is left unsent and no debt is left uncollected. For many firms, that process will include turning to a raft of new technology solutions to try and speed up the cashflow process. However, at an […]
This year marks an end to a series of bumper promotions rounds at Linklaters, with just 27 being made partner as of 1 May 2024. The magic circle firm has elected 27 new partners – a decrease of 34 per cent from the 41 promotions announced in both 2023 and 2022. The size of the […]
A High Court default judgment has brought an end to the long-running dispute involving the Emirati sovereign wealth fund RAKIA, US businessman Farhad Azima, Dechert and its former partner Neil Gerrard. The default judgment, which was granted by the High Court yesterday, has resulted in the dismissal of two High Court judgments and one Court […]
TLT has promoted an all-female cohort amid a push to achieve a 50 per cent female partnership by 2029. This year’s new partners include restructuring and insolvency lawyer Ainslie Benzie in Glasgow and head of estates Debbie Gale in Bristol. In Manchester, Roisin Bell in financial services disputes, Rachel Smith in property finance and Debbie […]
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Slaughters Fees
I’m totally suprised that 11 PER CENT of BVC students don’t care if they are self employed or not! The results show that students wanting to go into the bar don’t really care how the profession is structured and maybe reflect what percentage are being funded by the bank of ‘Mummy and Daddy’ to do a post graduate course for the sake of it!
And yet…
I agree that Slaughters have adopted the best possible approach in the circumstances. Pursuing a career in law at a magic circle firm should not be a consolation prize to all those who would prefer to be investment bankers. I think that applications from law graduates should take priority!
15% mark-up!
I agree with high street man. It is a bit london-centric to divide the regulator. Why not have a “pretentious self-important” division within the SRA and stick matters pertaining to tedious financial and corporate rubbish for the city in there?