Eat or be eaten: many small firms will face the law of the jungle in 2021/22
With the uncertainty of the pandemic retreating we could see a few mid-market mergers.
A&O takes over from Dechert in torture claim trial
Allen & Overy (A&O) is advising the Government of Ras Al Khaimah (RAK), as its former advisers at Dechert prepare to defend themselves from torture allegations made by ex-employees of RAK and its investment authority. The over-arching claim is against Dechert, its former white-collar co-head Neil Gerrard, partner Caroline Black and David Hughes, who moved […]
Taylor Wessing dishes out special bonus to staff
Two months after the firm compensated its employees for working reduced hours, Taylor Wessing has now announced a five per cent special bonus for staff. This will be paid in addition to the firm’s annual bonus scheme and will account for five per cent of every employee’s respective salary. As a reward package for the […]
If you want to make partner at Kirkland, train at Linklaters
Kirkland & Ellis has been changing its hiring strategy for corporate partners.
Quinn secures £10m turnaround in oligarch’s fight with Russian bank
Eat or be eaten: many small firms will face the law of the jungle in 2021/22
With the uncertainty of the pandemic retreating we could see a few mid-market mergers.
A&O takes over from Dechert in torture claim trial
Allen & Overy (A&O) is advising the Government of Ras Al Khaimah (RAK), as its former advisers at Dechert prepare to defend themselves from torture allegations made by ex-employees of RAK and its investment authority. The over-arching claim is against Dechert, its former white-collar co-head Neil Gerrard, partner Caroline Black and David Hughes, who moved […]
Taylor Wessing dishes out special bonus to staff
Two months after the firm compensated its employees for working reduced hours, Taylor Wessing has now announced a five per cent special bonus for staff. This will be paid in addition to the firm’s annual bonus scheme and will account for five per cent of every employee’s respective salary. As a reward package for the […]
If you want to make partner at Kirkland, train at Linklaters
Kirkland & Ellis has been changing its hiring strategy for corporate partners.
Hot 100 career quiz: Dentons managing director Lisa Sewell
Don’t fear change, change is good!
HSF has sidestepped the talent wars
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 […]
PE acquirers should target these three firms
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 […]
Who’s in and who’s out at Barclays
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, […]
The platform firm has moved mainstream
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 […]
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 […]
SQE shambles: Candidates lambast pricey appeals process
Frustrated Solicitors Qualifying Examination (SQE) candidates are calling on the SRA to increase accessibility to the appeals process after a results error saw 175 candidates mistakenly told they had failed their exams. On Monday last week, the SRA announced that 175 candidates who sat SQE1 in January and were told they had failed on 14 […]
Ex-Axiom Ince boss to face bankruptcy petition
The administrators of collapsed firm Axiom Ince have filed a creditors’ bankruptcy petition against its former boss. Filed at the end of last week, the petition will seek to force Pragnesh Modhwadia’s bankruptcy, The Lawyer understands, applying to the court for his assets to be taken and sold to pay debts to the administrators. Pinsent Masons […]
Addleshaws, Eversheds and Simmons unveil partner promotions
Partnership promotions are continuing apace, with three City firms announcing a fresh new set of partners for 2024. Addleshaw Goddard has bumped up 26 lawyers this promotions round, which is the largest number of lawyers to make partner in one go in the firm’s history. The international firm’s partner count now stands at 429. Nine […]
Cooley defends Grindr in new High Court class action
Cooley is set to defend social networking and dating app Grindr in a High Court class action launched by Austen Hays, a new collective actions firm owned by Gateley. The claim alleges that Grindr is in breach of UK data protection laws for sharing sensitive data with third parties for commercial purposes without their users’ […]
Euro 100 firm left reeling after rival’s six-partner raid
Norway’s Sands has suffered one of the largest mass defections in its history after six partners left to join Big Five firm Wiersholm in Trondheim. The hires bolster Wiersholm in a range of the firm’s key sectors, including marine law, renewables, technology, real estate and tax. The firm has committed to further growth over the […]
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