A time for leadership—legal department effectiveness considering COVID-19
This year was already shaping up to be a challenging one for in-house legal teams across Europe as the UK’s departure from the EU brought with it new challenges and a plethora of new regulations to accompany existing corporate activity. And then COVID-19 hit. Teams had to adapt to new ways of working as well […]
Beyond COVID-19: challenges to corporate culture
COVID-19 and its consequences has pre-occupied business leaders throughout most of 2020. In addition, in-house legal teams across Europe are preparing for the end of the Brexit transition period. However, alongside these issues, three social forces have gathered momentum in a way that may bring positive change for businesses. There is an opportunity—and a need—for […]
Legal, strategic and right: How the evolution of the role of GCs brings added value to an organisation
Over the course of 2020 much of what businesses regarded as normal changed, almost overnight. As a result, every business has had to review its strategy. For legal departments, this has meant adopting simultaneous responsive and proactive stances as they help their organisations negotiate change brought on not only by COVID-19 and the resulting business disruption, but also by events that have forced serious conversations about racial injustice.
How to improve gender diversity at senior levels within law firms
A new report, Transforming Women’s Leadership in the Law Global Report 2020, shows the extent of the gender diversity problem at senior levels in law firms, providing a baseline from which future progress may be measured. The study also investigated barriers to women’s progression into senior leadership roles and sought to evaluate the ‘effectiveness’ of each approach to overcome those barriers that was identified, both as perceived by law firms and through numerical analysis.
Linda Chadderton’s ‘Legally Bound’ wins the Teaching Law with Technology Prize 2020
By Kirsten Maslen On Thursday 8 October 2020, we had the privilege of hosting the Teaching Law with Technology Prize final in partnership with the Association of Law Teachers (ALT). Three worthy finalists presented some inspiring and exciting ideas to engage students and develop practical and technological skills that they can take into their future careers.
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Deliveroo heralds a bumper crop for ECM lawyers
There have been eight completed main market IPOs in 2021 so far.
Working to live, not living to work: it’s an easy sell
The demographics of the legal market are in flux with Covid 19 creating the conditions for a generational shift in working patterns.
A&O’s accidental LA office
With the arrival of the Akin Gump team, A&O’s US bench has doubled at a stroke.
Hausfeld loves a bit of competition
Calls for reform of the CMA will be music to the ears of claimant litigators.
Latham is taking both more and less space in London
If Latham’s growth rate continues unabated, its future home could end up offering proportionately less space per staff member.
£30m isn’t enough to get you into the Premier League
DMH Stallard has reached critical mass size – but it now has more work to do to secure its future.
Goodwin’s City revenue nears $100m after lateral hiring spree
Goodwin Procter’s London revenue soared by 34 per cent in the last financial year, as its headcount too increased by nearly a third. The US firm’s London outpost saw turnover rise from $74m to $99m. Meanwhile, global revenue at the US firm increased by 11.7 per cent to $1.49bn, while profits per equity partner rose […]
Magic circle trio paid just £10m in UK corporation tax in 2019/20
Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters paid just under £10m in corporation tax to the UK Treasury, their most recent LLP accounts reveal, as rate increases formed a key part of this week’s Budget proposals to repair the economy. The figures shine a light on how UK firms are likely to be impacted by […]
Newcastle United fails to dismiss Blackstone QC from arbitration panel
Newcastle United (NUFC) has been unsuccessful in its bid to have Blackstone’s Michael Beloff QC dismissed as an arbitrator in the club’s dispute with the Premier League. NUFC, which is owned by Mike Ashley, is currently engaged in arbitration proceedings with the Premier League over the failed takeover of the club. The club brought the […]
Kirkland and Slaughters lead on Aggreko’s £2.3bn sale
Kirkland & Ellis has taken the lead role for the private equity bidders on the £2.3bn buyout of equipment supplier Aggreko. TDR Capital turned to Kirkland yet again after last year seeking the firm’s counsel on its £6.8bn purchase of ASDA. Partners David Holdsworth and Mark Thompson led for TDR and I Squared Capital, with […]
Clifford Chance brings in consultancy to vet promotion process
Clifford Chance has concluded an independent review of its partner promotion process, to ensure criteria around diversity and inclusion are being fulfilled. The firm commissioned Chicago-based consultancy Nextions, which specialises in inclusion across leadership roles, to review its path to promotion. The effort started last autumn and wrapped in time for the beginning of the […]
CMS plants 8,000 trees after tracking staff’s carbon footprints
CMS has planted thousands of trees around the world, following its pledge to plant one for every new user of its in-house sustainability app. Last year, The Lawyer reported that the firm had created a mobile app to help lawyers reduce their carbon footprint. It came with the commitment of planting a tree for every […]
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