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There are many escapees from BigLaw
Boutiques are now looking like a particularly attractive option.
A COO is a managing partner’s best friend
Firms must once again turn their attentions towards servicing current clients for a lower cost.
Business travel is not dead
The world is becoming a more open place to travel based on the Henley Passport Index.
There is one good reason US firms are hiring senior associates into partnership
In recent months there has been a glut of senior associate hires.
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For all of Quinn’s success in London, it’s seriously missing out on IP
The most successful US firm in London in terms of sheer growth is Quinn Emanuel Urquhart & Sullivan.
2020’s redundancies tell us three things about the shape of 2021
The job losses in the legal sector last year give us a good inkling of where the most profound changes are likely in 2021
Redundancies drive up costs as Knights posts H1 results
A restructuring exercise carried out by listed firm Knights amounted to nearly £3m in the first half of the financial year, while revenue soared after three acquisitions. In its results, Knights said the impact of the restructuring in the cash flow was £2.9m, of which £2.4m related to redundancy costs paid. A number of support […]
How GCs will get to grips with the virtual world
Shoosmiths partner Tony Randle in conversation with The Lawyer editor Catrin Griffiths Catrin Griffiths: The experiences we all had in 2020 aren’t going away. In the first lockdown there was a sense of adrenaline, when we were metaphorically or literally baking sourdough and getting to grips with the novelty of the situation. But going into 2021 […]
Latham ends HQ search with 1 Leadenhall deal
Latham & Watkins has signed up for a pre-let of its next London office, over a year after The Lawyer first reported on the US firm’s search of the development. The US firm has agreed for a minimum of 200,000sq ft of space at 1 Leadenhall from early 2026. In 2019, The Lawyer reported that […]
BCLP moves Project Advance up a gear in profit-boosting exercise
Bryan Cave Leighton Paisner (BCLP) is targeting higher profitability with more thorough assessments of performance and practice targets in coming months, The Lawyer has learned. The firm is to carry out regular analysis around performance and profit margin targets set out by its heads of practices when it comes to client work. The goal is to […]
Terms extended as Met Police panel review overruns
The Metropolitan Police Service has asked firms to sign up to an extension of its panel, giving it more time to conclude its review of the roster. The Met’s current framework expires on 31 January, however firms will have their current contracts extended till April. The Met said that this is to allow it to […]
DWF sets £25m revenue target for NewLaw units
DWF has set a target to achieve £25m in revenue for its Connected Services division, one of its biggest business bets beyond traditional legal services. The target is the result of a business plan aimed at expanding the innovation and consulting services tentpole of the listed firm throughout 2021. It is accompanied by a headcount […]
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