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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 […]
Ashurst will be next
You need a couple of attempts to crack America. For Allen & Overy, the O’Melveny negotiation was simply the appetiser before the main course. Ashurst, though, has had a few too many sharing plates. Who can forget the rejection of Latham? The talks with Fried Frank that led to the Ashurst managing partner defecting to […]
Less time for dirty laundry
Hybrid working has been a significant success for Big Law, with lawyers now used to being able to switch between meetings and the domestic chores. Yes, the working day might be longer, but it’s been more productive for both home and work life. Sadly, the washing may begin to pile up again, as new research […]
Four things we learnt from the magic circle’s promotions this year
All the magic circle’s partner promotions are in for 2023, so what’s interesting about those made up in London this year? Here are a few points that jump out. The magic circle is even less Oxbridgey than ever Just 30 per cent of the 46 new magic circle partners this year hailed from Cambridge (seven) […]
DACB should take a gamble on Vegas
Dodgy-looking characters losing thousands in the casino, sky-high fountain displays dancing in front of glitzy hotels, and George Clooney with his 11-strong mob breaking into vaults are sights you expect to witness in Las Vegas. And a recent holiday to Sin City did not disappoint – except the Clooney part, unfortunately. What was unexpected was […]
Is this all, Alex Chalk?
Access to justice remains a neglected ideal for this Government
The Passport: Chiomenti revamps partnership after McKinsey review
In this week’s edition: Chiomenti redefines its partnership through the ‘Three Speed Concept’, Setterwalls introduces what it believes is the Nordics first-ever India Desk, and why Danish firm Lundgrens stripped back its offering and refocused around four areas. Chiomenti’s partnership speed change In the very first edition of The Passport, we wrote about how Italian […]
Addleshaws, K&E and Skadden line up on Asda’s £2.3bn petrol station deal
Addleshaw Goddard and Skadden Arps Slate Meagher & Flom are among the firms that advised on Asda’s £2.3bn buyout of EG Group’s UK and Ireland businesses. The supermarket giant is buying EG’s operations that consist of 350 petrol stations and 1,000 food-to-go locations. The deal is expected to be funded by both debt and equity, […]
A&O Shearman: Five charts that tell us more
As partners at Allen & Overy and Shearman & Sterling prepare to weigh up the benefits (and challenges) of a merger, here are five charts showing what’s at stake. Drawing level on PEP A perennial problem for UK-headquartered firms looking to merge in the US is finding a partner of a similar profitability. Looking at […]
City talk: A&O’s Access win captures levfin lawyers’ attention
Few deals last year got the market talking as much as Access Group’s private debt refinancing, a bumper transaction involving 16 credit funds. In the past month, it emerged the software group had called in advisers again for a follow-on deal. The Lawyer understands that this time it was Allen & Overy that got the […]
BCLP makes global cuts in business services
Bryan Cave Leighton Paisner (BCLP) is cutting roles in its business services teams globally after an internal audit. The firm is making 47 of its business services positions redundant. The majority of the roles are based in the US with 34 people being made redundant across 17 of its offices in the country. A further […]
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