UK partners at Osborne Clarke have been subject to further reductions in pay, while staff are also in line for a cut in their salary. The measure, which will be in place starting in June for 11 months, adds itself to the existing deferral of 75 per cent of their quarterly profit distributions. In addition, […]
Courtroom dramas often show nervous whistle blower employees stealing company documents or trench coated figures bugging phones to obtain that key bit of evidence which will crack the case wide open. However, despite the good intentions which might be behind such actions, is illegally or covertly obtained evidence actually admissible in court? If so, what […]
KPMG has pulled off a three-strong hire to bolster its burgeoning UK legal consulting unit, as it looks to take on a growing number of large-scale mandates that have been flooding its lawyers since the Covid-19 crisis hit. The unit is the UK version of KPMG’s global legal operations and transformation service (LOTS), which supports […]
As law firm leaders debate a return to the office, others are still preoccupied with questions of pay and – in some cases – mere survival. Here are the key takeaways. Where Slaughters leads, others will follow Slaughter and May has cut salaries for newly qualified solicitors to a measly £87,000. What can you say […]
UK partners at Osborne Clarke have been subject to further reductions in pay, while staff are also in line for a cut in their salary. The measure, which will be in place starting in June for 11 months, adds itself to the existing deferral of 75 per cent of their quarterly profit distributions. In addition, […]
Courtroom dramas often show nervous whistle blower employees stealing company documents or trench coated figures bugging phones to obtain that key bit of evidence which will crack the case wide open. However, despite the good intentions which might be behind such actions, is illegally or covertly obtained evidence actually admissible in court? If so, what […]
KPMG has pulled off a three-strong hire to bolster its burgeoning UK legal consulting unit, as it looks to take on a growing number of large-scale mandates that have been flooding its lawyers since the Covid-19 crisis hit. The unit is the UK version of KPMG’s global legal operations and transformation service (LOTS), which supports […]
As law firm leaders debate a return to the office, others are still preoccupied with questions of pay and – in some cases – mere survival. Here are the key takeaways. Where Slaughters leads, others will follow Slaughter and May has cut salaries for newly qualified solicitors to a measly £87,000. What can you say […]
Manchester United has brought in Allen & Overy as it sues the makers of the Football Manager series for infringing its trademark by using the club’s name extensively in the game. The Premier League club, which announced this week that it had made a £3.3m financial loss in the third quarter, has taken legal action […]
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
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 […]
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 […]
Competition boutique Geradin Partners opens its doors in Paris today as the firm seeks to become a serious player in the French capital’s vibrant competition and litigation scenes. Opening on the same block as Freshfields in the heart of Paris’ 8e Arrondissement, Geradin has brought in competition litigator Marc Barennes from Bureau Brandeis with his […]
Car lease schemes for partners are rapidly dwindling in the wake of the electric vehicle (EV) salary sacrifice revolution, but Hill Dickinson is not one of them. Once a more common method for partners to enjoy part of their profit share, traditional car lease schemes have lost their lustre. The tax incentives that once made […]
The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March.
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
