South West firm Thring Townsend has won an £850,000 settlement for a passenger suffering from post-traumatic stress disorder as a result of the Ladbroke Grove train crash in October 1999. The personal injury case was unusual in that the damages award was made on the basis of future earnings for a postion that the client […]
Kudos to Nabarro Nathanson for picking the ultra-cool Soho Hotel for its ‘end-of-year’ press party on Thursday 18 May. As well as brilliant canapés, proper champagne and outrageous décor, the firm laid on a wandering conjuror to prowl the room, astonishing partners and hacks with his tricks. One Nabarros partner particularly impressed by the magician […]
Last Wednesday (24 May) saw the biggest shake-up of the UK legal market for decades move a step closer. And the legislative process is moving unusually quickly: Lord Falconer commented that it was “just seven months” since the publication of the ‘Future of Legal Services’ white paper. Now the joint committee of the Houses of […]
Private equity houses have famously been described as locusts (Heuschrecken) in Germany, but it looks as if Gleiss Lutz could have acted on the deal that will change this perception. Herbert Smith’s German ally advised regular client Blackstone on its first-ever investment in a government-controlled company. Blackstone acquired a 4.5 per cent, E2.68bn (£1.82bn) stake […]
Womble Bond Dickinson, which defended the Post Office in the high-profile group litigation brought by the sub-postmasters, is in line to receive £178,000 from its former client as it provides evidence to the Horizon inquiry. According to public documents, Womble Bond Dickinson entered into a contract worth £178,000 with the Post Office for the provision […]
Former White & Case partner Ian Bagshaw is launching the London office of Perkins Coie, along with five of his ex-colleagues. Bagshaw will become managing partner of Perkins Coie in London, a firm whose only offices outside the US are in Taipei and Beijing. The plan is to focus on what Perkins Coie is good […]
In a rare opportunity for the City’s top chief technology officers (CTOs) to sit at a roundtable breakfast and discuss cloud technology. The Lawyer was joined by leading UK Microsoft expert Cloud Direct on 26 March 2024 to host an industry-specific discussion that would address the gaps in knowledge and share challenges with the technological […]
Portugal’s Abreu Advogados fell short of hitting the €50m revenue mark for the first time in its history after revenue surged by almost a fifth in last year. The firm’s top-line grew to €49.7m (£42.8m) from the previous year’s €41.7m. Managing partner Inês Sequeira Mendes praised the firm’s growth, but poured cold water on any […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition we take a look at the third generation of De Brauw’s private equity group and how domestic and regional firms in Ukraine may look to reshape after the war. De Brauw has entered […]
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
This report contains: The Lawyer‘s new global elite index which ranks firms on four key financial metrics analysis of the magic circle firms’ growth trajectories in the US insights from industry experts on firms poised for global dominance in the next decade detailed analysis of the magic circles practice area performance using data from The […]
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Associate 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 […]
For legal head Judi Gadsby, a lunchtime walk through the Goodwood Estate, with her golden retriever in tow, is one of the many perks of her day job. The 300-year-old estate is the seat of the Duke of Richmond and comprises nearly 5,000 hectares of land in Chichester, West Sussex. As head of legal at […]
Vinge’s Maria-Pia Hope has left the Swedish firm after stepping down as CEO after 12 years in the role. Hope’s final day at the firm was 31 March with her successor, banking and finance partner Louise Brorsson Salomon, stepping into her shoes on 1 April. Having joined the firm in 1996, Hope made partner seven […]
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 […]
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 […]
