Ince & Co‘s redundancy consultation has resulted in the departure of 32 people and a search to sub-let 22 per cent of the firm’s floor space in its London headquarters. Of those 32, 25 business services staff have now left the firm along with a further seven fee-earners, including one junior salaried partner. There are […]
An 8 per cent increase in turnover at Mishcon de Reya last year saw the firm break through the £160m barrier for the first time in its history, posting £161.3m for the 2017/18 financial year. The increase in the firm’s top line means it has now added more than £30m in revenue growth in the […]
Gateley’s revenue has increased by 11 per cent from £77.6m to £86.1m in its third full year as a listed entity. The firm posted double-digit rises across the board for 2017/2018, with profit before tax increasing by nearly 12 per cent from £13.1m in 2016/2017 to £14.6m. Adjusted earnings before interest and tax (EBITDA) saw a […]
A High Court judge has slammed Pinsent Masons for its actions following the death of Russian oligarch Nikolay Glushkov, accusing the firm of having lost “sight of any basic standard of decent and compassionate behaviour” in a long-running case brought by Russian airline Aeroflot. The litigation centered around allegations made against, among others, the late Russian oligarch […]
CMS Cameron McKenna Nabarro Olswang is to nearly halve the size of its Reading office after a review affecting the firm’s real estate practice, just over a year into its tripartite merger. The Lawyer understands the firm held a consultation with seven fee-earners in the real estate asset management practice, with the majority of the group relocating to […]
The former general counsel of MarketInvoice Simon Coles has joined fintech start-up Capital On Tap as its first legal head. Capital On Tap provides tech-driven funding facilities to SMEs and enables customers to access instant funding to grow their business. Before his stint as general counsel at cashflow finance provider MarketInvoice, which ended last year, […]
The Law Society has organised an evidence session to explore the use of algorithms in the justice system. Members of the Law Society of England and Wales Public Policy Commission will take evidence on July 25 from tech, government, commercial and human rights experts in an effort to understand whether the use of algorithms should […]
Eversheds Sutherland has secured a decision to appeal a landmark High Court judgment for the pension trustees of the Linklaters-represented British Airways, which could see the airline pay out up to £12m in benefits. In a two-against-one decision, Lord Justice Patten dismissed the appeal while Lord Justices Lewison and Peter Jackson both elected to permit […]
In the wake of the decade’s most important case concerning legal privilege, an arrest warrant has been issued against the CEO of the Eurasian Natural Resource Corporation (ENRC)’s parent company as part of the Serious Fraud Office’s ongoing investigation into a string of allegations. The warrant was issued against Eurasian Resources Group (ERG) CEO Benedikt […]
Fieldfisher is making bonuses available for non-fee earners in the UK for the first time, after a string of stand-out financial results from the firm. The move means high-performing staff in Fieldfisher’s business services’ functions, for example, will be granted a bonus. However, the rewards are discretionary, meaning not everyone will be in line for […]
ITV’s longstanding general counsel Andrew Garard has stepped down after over a decade in the role. The television network has confirmed that Garard will leave his position on 31 July. He joined ITV in 2007 as group legal director and GC, before becoming company secretary two years later. He also sits on the board of […]
It is a historical oddity of magic circle figures that there is always one firm that has an off year.
Back at Shearman, Ward McKimm will be reunited with his former client base – and with some old friends.
But much has changed in the seven years since he left Shearman & Sterling. Can the superstar partner replicate his past success, or is it true that you can never go back?
One year on from the day DLA Piper went down to a Russian cyber attack, its leadership recalls the firm’s fortnight of crisis – and how it survived.
The Lawyer has tracked the financial performance of the 50 largest US firms in the UK, including lateral hires and investment priorities
Which teams are battling it out for the coveted litigation prize at this year’s The Lawyer Awards?
Who better to deliver DWF’s IPO narrative than a man once dubbed the Tigger of law firm management?
With the lease on Norwich Street running out, about five years ago Macfarlanes began the process of looking for new options.
Reverse mentoring is taking hold at Linklaters and A&O, and it’s being championed by the firms’ most senior partners.
What does the term “progressive” mean to in-house lawyers? GCs explain how they build their in-house legal teams.
The changing political environment is making life harder for the London lawyers servicing Russia’s super-rich.
The next Clifford Chance senior partner elections are set to take place in October 2018. Will the next leader be cut from the same cloth as previous ones – that is, London-based, a banking and finance partner, and a man?
Greenberg Traurig picked up some top real estate talent when KWM collapsed. But how has it integrated its new stars into the firm?
By Darran Brennan The World Economic Forum has defined Artificial Intelligence (AI) as an element of the fourth industrial revolution (4IR) and something which will change our world and workplaces. This is similar to the changes envisaged during the previous industrial revolutions (let’s not forget the fears of the Luddites) but what is different now […]
In the second half of 2015 Vodafone began to review the workflow of its property legal team. The impetus behind the move was to get away from the in-house team’s immersion in every part of the property process, allied to a requirement across the business for greater efficiency, visibility of risk and digitisation. The Vodafone […]
By Andrew Mills Facebook is set to be fined £500,000, the maximum amount possible, for two breaches of the Data Protection Act 1998 (DPA 1998). Due of the timing of the breaches, the ICO was unable to levy the fines introduced by the General Data Protection Regulation (GDPR), which caps fines at the higher level of 20m […]
By Connie Cliff and Martin Chitty Treatment of “sleep-in” shifts for national minimum wage (NMW) purposes is an area that can often cause confusion. Where a worker is required to work a number of sleepin night shifts at the employer’s premises, and be available in case of an emergency, does the full night shift constitute ‘working’ […]
In the 2018 county court case of Vanezis & Vanezis v Ozkoc and others the claimant landlords failed in their claim for possession of a café premises for breaches of covenant in the lease arising from, amongst others, the defendant tenant’s criminal conviction for conspiracy to supply class A drugs…
Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…
The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]
By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.
By Richard Hayllar On the 12 July 2018, the Financial Ombudsman Service (the FOS) published a report on an Independent Review carried out by Richard Lloyd (former Which? executive). The review was undertaken following the broadcast of the Channel 4 Dispatches programme which set out a number of concerns about the handling of FOS complaints.
Getting the right technology in place is the easy part of law firm innovation. The hard part is getting your lawyers using it. Watch Stuart Barr, Scott Reid and Kate Simpson have a lively discussion about change management strategies and soft skills that innovation teams can use to help lawyers adopt new technology…
The ability to capture, harness and re-use corporate knowledge has always been important in law firms, and knowledge management is key to doing so. This guide shows you how enterprise-grade social tools can help you advance your knowledge management initiatives…
By Stephen Keogh Just weeks before the new Scottish football season commences, Glasgow Rangers Football Club (“Rangers”) finds itself prevented by Mike Ashley’s Sports Direct Group from selling new replica football jerseys. This is not the first time the parties have fallen out over merchandising rights…
