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How much do barristers earn?
How much can a barrister realistically expect to earn?
What are billable hours and what do students need to know about them?
The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
Independent firms under pressure: HMRC issues winding-up petition against Fletcher Day
HM Revenue and Customs has issued a winding-up petition against Fletcher Day, The Lawyer has learnt. The Lawyer understands that administrators for the firm have not yet been appointed. Fletcher Day’s website is currently unavailable and is only described “currently under maintenance”. The London-based commercial and family practice is the latest small firm to have either […]
The Lawyer’s top 200 UK law firms revealed
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
Our Verdict: TfL safeguards roads from protest; and Merrill Lynch forced to disclose documents
2
How much do barristers earn?
How much can a barrister realistically expect to earn?
What are billable hours and what do students need to know about them?
The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
Independent firms under pressure: HMRC issues winding-up petition against Fletcher Day
HM Revenue and Customs has issued a winding-up petition against Fletcher Day, The Lawyer has learnt. The Lawyer understands that administrators for the firm have not yet been appointed. Fletcher Day’s website is currently unavailable and is only described “currently under maintenance”. The London-based commercial and family practice is the latest small firm to have either […]
The Lawyer’s top 200 UK law firms revealed
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
Shearman and Hogan Lovells issue statements as rumour mergers mount
Shearman & Sterling and Hogan Lovells have failed to deny speculation that the two firms are in early-stage merger talks after The Lawyer revealed market rumours about how negotiations have begun to emerge. If such talks were successful, the newly-merged firm would have a combined annual revenue of $3.6bn and a London office generating more […]
Don’t wait for the climate crisis to come to you
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 […]
Welcome to your TikTok legal career
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 […]
Slaughters and Linklaters can breathe a huge sigh of relief
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 […]
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 […]
Freshfields promotions 2024: Six make the cut in London
Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]
Emergency Episode: The SQE shambles
The Lawyer‘s Christian Smith, Catrin Griffiths, Richard Simmons, Katy Dowell and Charlotte Lear are joined by College of Legal Practice CEO Giles Proctor for this emergency episode of The Lawyer Podcast as they discuss the latest Solicitors Qualification Exam debacle: marking errors that led to 175 students being incorrectly told they had failed. What went […]
Fieldfisher boosts German offering with 11-strong hire
Fieldfisher is bolstering its German presence with a sizeable team from local firm SKW Schwartz and a handful of other hires, in an effort to expand its media, technology and IP offerings. The firm has hired eight lawyers from SKW Schwarz including partners Martin Diesbach, Elisabeth Noltenius and Julia Schafdecker, all of whom specialise in […]
Goodwin funds partner lines up Debevoise move
Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]
Barclays exodus: 44 lawyers leave as strategic overhaul kicks in
Barclays lost 44 lawyers in its legal team over 2023, almost four times the average number of leavers across the UK’s top banks. The banks with the second highest number of leavers is tied between HSBC and NatWest, with 12 lawyer exits each, according to indicative data. On the other end of the scale, Royal […]
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