Asset management consultant MJ Hudson is terminating the training contracts of its 12 trainee solicitors, The Lawyer has learnt, amid concerns over its financial viability. The Lawyer understands that the terminations, which will be effective as of the end of this month, include trainees at various stages of their contracts. Company concerns have been brewing […]
Fred Banning, one of the legal sector’s most popular communications professionals, has died after a lengthy battle with illness. He passed away on the evening of Friday 19 May, leaving behind his wife Lesley and his sons Ollie and Charlie, to whom he was a loving husband and father. Diagnosed with stage four bowel cancer […]
The Ince Group has been placed into administration following a year of audit delays, asset sales and a suspension of its shares. In an announcement to the London Stock Exchange today, the company noted that the “length of the auditing process has put pressure on cash flows to the business”, adding that its major creditors […]
Today, The Lawyer unveils its Hot 100 2023, celebrating the successes of those working within the industry over the past 12 months. Featuring the crème de la crème of the legal world, The Lawyer Hot 100 highlights this year’s dealmakers, the litigators who are riding high after trial glory and the most sought-after names in the world of competition, […]
Asset management consultant MJ Hudson is terminating the training contracts of its 12 trainee solicitors, The Lawyer has learnt, amid concerns over its financial viability. The Lawyer understands that the terminations, which will be effective as of the end of this month, include trainees at various stages of their contracts. Company concerns have been brewing […]
Fred Banning, one of the legal sector’s most popular communications professionals, has died after a lengthy battle with illness. He passed away on the evening of Friday 19 May, leaving behind his wife Lesley and his sons Ollie and Charlie, to whom he was a loving husband and father. Diagnosed with stage four bowel cancer […]
The Ince Group has been placed into administration following a year of audit delays, asset sales and a suspension of its shares. In an announcement to the London Stock Exchange today, the company noted that the “length of the auditing process has put pressure on cash flows to the business”, adding that its major creditors […]
Today, The Lawyer unveils its Hot 100 2023, celebrating the successes of those working within the industry over the past 12 months. Featuring the crème de la crème of the legal world, The Lawyer Hot 100 highlights this year’s dealmakers, the litigators who are riding high after trial glory and the most sought-after names in the world of competition, […]
Allen & Overy is to merge with Shearman & Sterling in a transformative tie-up for both firms.
We’re all watching eagerly for the changes coming at Allen & Overy on 1 May as its merger with Shearman & Sterling finally goes live. But Addleshaws has its own significant change that day. Next Wednesday, Andrew Johnston will officially kick off his tenure as managing partner with longstanding incumbent John Joyce stepping aside. Addleshaws […]
There’s no doubt that firms are using non-UK growth to power their global figures. Of the 35 Top 50 firms for which The Lawyer has historical global revenue data, all but four saw higher growth outside the UK in the five years since 2019. Included in this group is Herbert Smith Freehillls (HSF), where London remains […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]
On Monday, an explosive trial between IBM UK and Swiss software developer LzLabs is set to commence for nine weeks, with Quinn Emanuel and Clifford Chance going head-to-head for their respective clients. Quinn Emanuel-backed IBM brought the lawsuit in 2021, alleging it is “inconceivable” that LzLabs could have developed its rival technology – which can […]
Northern firm Ward Hadaway is actively exploring mergers and expansion opportunities in England as it targets £100m revenue by 2034. The firm generated approximately £48m in the 2023/24 financial year, which means it is looking to grow approximately 100 per cent within a decade. A shorter term target of reaching £75m by 2029 has also […]
Linklaters and Slaughter and May are leading on BHP’s mega-offer for rival mining company Anglo American. It emerged this morning that Australian giant BHP had put forward an unsolicited proposal to Anglo American If the deal went ahead, it would be valued at around £31bn. Linklaters is on call for Anglo American as it discusses […]
The ex-general counsel of Haleon has announced that he has joined energy and chemicals business Aramco, which is based in Saudi Arabia. Bjarne Tellman was hired by GSK four years ago to prepare the company for the creation of Haleon, one of the UK’s largest corporate demergers in 20 years. The purpose of the demerger […]
