Latest Briefings

COVID-19 has put many businesses in a difficult financial situation

Although the Government recognised this by pushing the Corporate Insolvency and Governance Act 2020 through Parliament to try and stem the inevitable wave of insolvencies, directors and owners cannot afford to take their eyes off the ball for a second.


LAB staff face huge pay cuts

THE Legal Aid Board (LAB) is threatening to slash pay among its senior staff, according to an internal report leaked to The Lawyer. The First Division Association (FDA) union is accusing the LAB of planning to freeze the salaries of existing staff until inflation decreases their value by 30 per cent, and of introducing lower […]

US law firm teams up with Radcliffes

AN OLD friendship between two South African ex-pats has brought US insurance law giant Cozen & O’Connor into a co-operation agreement with Westminster firm Radcliffes. As its first move towards establishing a London office, Cozens – which with 125 partners is the 20th biggest law firm in the US – is to share the office […]

Small firms find clear route to convergence

Life in the world of business law firms is like a three-lane motorway. In the fast lane you have the five UK juggernauts, in the slow lane you find small, specialist practices, and in the overcrowded middle lane there is a blood-bath in the making. A number of IT law firms have been launched in […]

In brief: SIF contributions

SIF contributions last year paid by the legal profession amounted to u281,013,000 – an £85,558,000 hike on 1997, according to the monopoly’s annual accounts. The fund has managed to reduce its shortfall from u432.6m to u359.2m. But the the annual report reveals £74.3m in projected interest payments, which pushes that total up to £433,505,000.

City firms cash in on German middle-tier flotation boom

UK practices with German- bases are cashing in on capital markets work as the English passion for flotations spreads to Germany. Casper Lawson, a partner at Linklaters & Alliance in Frankfurt, says the firm has received 12 instructions in the past three weeks from companies hoping to float – a phenomenal amount for German markets. […]

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