15 new law firm leaders, 15 different headaches
Who’d be a law firm leader right now? Whether it’s decisions on distributions, or hires mid-pandemic, the challenges are stacking up.
Dentons launches consultation process with 87 roles at risk
Dentons has announced that up to 87 roles are to be reviewed, as the firm looks to implement a new operating model across its secretarial and business services workforce. A total of 49 secretarial staff and 38 employees in business services could be affected. A number of roles will instead be redeployed or added outside of […]
Roundtable: The role of legal functions in balancing commerciality and risk in delivering a company’s purpose
2020 was an unprecedented year for business; companies have had to mobilise quickly in the face of various converging global and geopolitical events, such as Brexit and Covid-19, reviewing their operations and risk landscape, and the ensuing pressures of navigating the short, medium and long term impacts have been borne by legal teams across all […]
Judgments of note: Damages based agreements and the Covid-19 vaccine
15 new law firm leaders, 15 different headaches
Who’d be a law firm leader right now? Whether it’s decisions on distributions, or hires mid-pandemic, the challenges are stacking up.
Dentons launches consultation process with 87 roles at risk
Dentons has announced that up to 87 roles are to be reviewed, as the firm looks to implement a new operating model across its secretarial and business services workforce. A total of 49 secretarial staff and 38 employees in business services could be affected. A number of roles will instead be redeployed or added outside of […]
Roundtable: The role of legal functions in balancing commerciality and risk in delivering a company’s purpose
2020 was an unprecedented year for business; companies have had to mobilise quickly in the face of various converging global and geopolitical events, such as Brexit and Covid-19, reviewing their operations and risk landscape, and the ensuing pressures of navigating the short, medium and long term impacts have been borne by legal teams across all […]
Four things the FTSE rankings tell us about the state of the market
A data dive of the most active stock market advisers since 2005 shows it’s HSF, not the US firms, that are the dark horses of the FTSE.
The SRA is on the ropes
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
Some firms have all the luck
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
Your managing partner is off on one again
It seems that one of the chief attributes of managing partners is wild optimism. You can’t move for law firm leaders committing their firms to hardcore five-year targets – particularly in the upper mid-tier, where we’re hearing of plans to double or even triple revenues by the end of the decade. We’d like some of […]
Bristol has too many lawyers
What do Southend-on-Sea and Slough have in common? The answer is that they are the largest urban settlements in Britain without a UK200 law firm. The denizens of these benighted places have to make do without so much as a solitary capital markets lawyer to keep the wheels of commerce turning. Can you imagine? Perhaps […]
The more partners you make, the better
It’s new partner season for UK firms, when hundreds of happy associates are granted new status, obligations and bragging rights. Most firms lag behind Kirkland & Ellis, though, which made up 26 in London this year alone. Like the Roman Empire, Kirkland has always made generous grants of citizenship to expand its borders; the more […]
Travers to ditch partner car scheme as it goes electric
Travers Smith is scouring the market for providers that will help it to replicate its employee electric car scheme for the firm’s partnership. In 2022, Travers became the latest firm to offer an electric car initiative for employees, which enabled interested staff to participate in a salary sacrifice scheme in order to lease an electric […]
Gap years and conditional offers: Low SQE pass rates force firms to rethink trainee recruitment
As pass rates for the first stage of the Solicitors Qualifying Examination (SQE) stagnate at a 52 per cent average for 2022/23, City firm recruiters and early careers leaders are voicing concerns about their future pipeline planning. Certainly, a consistent pass rate confirms the goals of the Solicitors Regulation Authority (SRA) to create what it […]
“No arguable case”: Newcastle United defeats Travers’ kit injunction
The Competition Appeal Tribunal (CAT) has refused to grant Sports Direct an injunction that would force Newcastle United Football Club to supply it with replica kit, following a hearing on Tuesday. Newcastle United, defended by Northridge partner James Eighteen, granted exclusive retail rights for its kit to competitor JD Sports from next season. However, Sports […]
Clifford Chance’s Warsaw office raided amid political row
Clifford Chance’s Warsaw office has been caught up in a political row that has ended with the office being searched by the authorities, The Lawyer understands. The search relates to Clifford Chance’s alleged role in supporting an individual prosecutor who took it upon herself to stop the old Polish government from changing the rules relating to the […]
Gibson Dunn fails to have £800m class action against Apple dismissed
Apple has failed to have a nearly £800m class action brought against it thrown out, following a hearing before the Competition Appeal Tribunal (CAT) in January. The opt-out claim is brought by class representative Dr Sean Ennis on behalf of around 1,500 app developers in the UK. He has instructed Geradin Partners’ partners David Gallagher […]
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