The City

Focused on issues facing the most active UK and US law firms in the City of London

The salaries issue

This report contains:

  • an overview into the impact of associate salary inflation on the City legal market
  • insights from clients and other parties demanding more is done to protect associate wellbeing
  • full results of The Lawyer’s client-focused associate salary survey.
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by  Matt Byrne
February 2022

The rising cost of lawyering

In the latest report from The City Signal channel we set out the rising cost of lawyering and demonstrate

  • That while the office remains a major overhead, it increasingly acts as a talent draw for employees — a space which requires investment.
  • Firms are making efforts to make their offices as attractive as possible in a bid to attract and hang onto their brightest stars.
  • We show how the role of the office is changing — it is increasingly being seen as a centre for collaboration rather than as the site of daily work.
  • Firms are also spending ever higher sums on technology and many are looking to reduce outlay on real estate, particularly if they are not in a high-growth phase of their cycle.

 

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by  Matt Byrne
November 2021

Profit trends

Read this report for:

  • The best and weakest performers in profit, PEP and equity partner growth in the City since 2017
  • A five-year analysis of equity partnership and equity spread growth
  • In-depth analysis of the magic circle’s equity partners
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by  Matt Byrne
October 2021

The UK 200: The City 50 2021

As a part of The UK 200 2021 series, read this report to find out:

  • Which firms made it into the City 50 2021 rankings
  • A five-year review of the diversity in the City 50 firms
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by  Matt Byrne
September 2021

The UK 200: The City 15-year review

This report is the first over the coming months to focus on the data in the UK 200 2021. This month, we focus on a sample of six UK firms known in 2006 as “the chasing pack”, which back then ranked just below the magic circle. The firms are Hogan Lovells, Norton Rose Fulbright, CMS, Herbert Smith Freehills, Ashurst, and Simmons & Simmons.

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by  Matt Byrne
September 2021

The US Top 50 – financials

Profiles on the top 50 firms in London, detailing revenue, RPP and RPL as well as analyses on performance in the UK market. Includes the City 50, the best and worst performers over the past year, and the changing face of the UK M&A space.

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by  Matt Byrne
May 2021

The US Top 50 2020

The Lawyer’s US Top 50 is the only ranking of UK and London financial performance of US firms in the world.

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by  Matt Byrne
May 2020