Lenders aren’t happy – and lawyers are in the ethical firing line
After the row over Shearman’s perceived closeness to Kirkland on the Access refinancing, is the law firm designation model on private equity deals about to crumble?
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Trainee and newly qualified solicitor salaries
The Lawyer has compiled trainee solicitor salaries and newly-qualified (NQ) solicitor salaries from the UK’s largest law firms. Last update: 3 November 2022 The latest salary figures are a reflection of the influence of American firms on the UK market. When Bingham McCutchen became the first firm to offer NQs £100,000 in London back in […]
The poisoned debate: Forstater and Bailey’s lawyer on defending gender-critical beliefs
While the gender debate rages on between family and friends, on social media and now in the workplace, a growing number of women have been fighting their employers tooth-and-nail over the right to hold gender-critical beliefs without being subject to workplace discrimination. In 2021, the Employment Appeal Tribunal ruled that think-tank researcher Maya Forstater […]
“I’m not a lawyer!” Teresa Owusu-Adjei on becoming head of legal at PwC
In its century-old history, Teresa Owusu-Adjei was PwC’s first black female partner, and is now its first head of legal who isn’t a lawyer. Having initially trained as a chartered accountant and known as a PwC ‘lifer’ for having remained at the firm ever since, Owusu-Adjei is now tasked with drawing together its legal offerings […]
RSA’s former legal chief takes up new FTSE 100 role
My Pride Story: With increased visibility it’s easy to forget that success may not come so easily to some
This a self-indulgent piece written by an entitled middle-class university educated white male. I know that could be the initial thought for some reading this. We are all quick to make snap judgments and I have to remind myself of this. I want to crack the veneer of that appearance and look a little deeper […]
US 50 underscores tougher trading conditions in the City
Latham & Watkins has retained its position as the largest US-headquartered firm in the UK, with an estimated City growth rate of 4 per cent in 2022. Latham is thought to have generated $702m in London last year, the highest level of fee income ever achieved either by it or any US firm. However, the […]
Trainees find new homes after listed firm split-off
The majority of trainees left stranded ahead of the winding down of MJ Hudson’s legal arm have found new homes. So far, trainees have been split up among three firms: one to DLA Piper, two to Baker McKenzie, and an additional trainee to Haynes & Boone. Tenzin Woden joins an 11-strong team of partners and […]
Longtime Clifford Chance partner resurfaces at BCLP
Bryan Cave Leighton Paisner (BCLP) has hired David Dunnigan as a senior consultant in its corporate and finance transactions department. Dunnigan was previously at magic circle firm Clifford Chance for over 36 years, until he retired from the partnership at the end of 2021. He was also the global head of the capital markets practice […]
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 […]
US 50 2023: the largest US firms by UK revenue
This report contains: analysis of the financial performance of the largest US firms by UK-generated revenue key metrics highlighting the fragmentation of the market individual firm profiles highlighting financial performance and strategy, hirings and exits, and deals and cases
Corporate: Recruitment Activity
Identify key recruitment trends in the corporate legal market across all sectors from The Lawyer’s proprietary jobs data Get critical data on firms that have hired most corporate lawyers and firms that have lost most corporate lawyers. Also see where a firm’s hires have come from and where a firm’s lawyers have gone to Compare the […]
Life sciences after Covid-19
This report contains: a brief look at the latest trends in life sciences sparked or accelerated by Covid-19 analysis of the main law firms working in the area across the spectrum of contentious and non-contentious practices insight into the 100 largest UK life sciences deals since 2020
Jurisdictional focus: Italian domestic firms
This report contains stratification of the market by firmwide headcount at the domestic Italian firms comparison to the international firms that are present there context for how the market has reached this point following the era of mass privatisation in Italy
The Bar Top 30 2023
This report contains: a ranking of the largest chambers by tenant headcount in the last financial year a look at the changes in headcount over the past year, barristers’ year of call, retention rates and gender diversity data from The Lawyer‘s Litigation Tracker offering insight into which chambers feature most in some of the main […]
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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
Fieldfisher pushes European agenda forward with latest office launch
Fieldfisher is gaining a foothold in Central and Eastern Europe (CEE), opening its first office since placing the Continent at the core of its three-year strategy. To do this, Fieldfisher has opened its doors in the Austrian capital of Vienna with a four-partner team leading the new office. The firm has hit Austrian firm SCWP […]
My Pride Story: With increased visibility it’s easy to forget that success may not come so easily to some
This a self-indulgent piece written by an entitled middle-class university educated white male. I know that could be the initial thought for some reading this. We are all quick to make snap judgments and I have to remind myself of this. I want to crack the veneer of that appearance and look a little deeper […]
US 50 underscores tougher trading conditions in the City
Latham & Watkins has retained its position as the largest US-headquartered firm in the UK, with an estimated City growth rate of 4 per cent in 2022. Latham is thought to have generated $702m in London last year, the highest level of fee income ever achieved either by it or any US firm. However, the […]
Trainees find new homes after listed firm split-off
The majority of trainees left stranded ahead of the winding down of MJ Hudson’s legal arm have found new homes. So far, trainees have been split up among three firms: one to DLA Piper, two to Baker McKenzie, and an additional trainee to Haynes & Boone. Tenzin Woden joins an 11-strong team of partners and […]
Longtime Clifford Chance partner resurfaces at BCLP
Bryan Cave Leighton Paisner (BCLP) has hired David Dunnigan as a senior consultant in its corporate and finance transactions department. Dunnigan was previously at magic circle firm Clifford Chance for over 36 years, until he retired from the partnership at the end of 2021. He was also the global head of the capital markets practice […]
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