Simmons & Simmons has raised its starting salaries for newly qualified lawyers in both its London and its Bristol offices from New Year’s Day. The base salary for its London office has increased from £88,000 to £100,000, a rise of 14 per cent. In Bristol, its salaries have been bumped up from £56,000 to £68,000, […]
BT’s attempt to strike out a class action made up of 2.3 million affected customers has been rejected by the Competition Appeal Tribunal (CAT), which paves the way for the £590m dispute to proceed. The tribunal’s recent judgment went in favour of the proposed class representative Justin Le Patourel, who succeeded in securing a collective […]
Simmons & Simmons is strengthening its competition and antitrust team in London with the hire of Herbert Smith Freehills’ (HSF) former practice head in Asia. Mark Jephcott is making the move across on 6 September after spending just over 10 years at HSF, where he previously led the firm’s competition group in Asia. His practice […]
Simmons & Simmons’ revenue jumped by 12 per cent from £390m to £437m during the last financial year, with the firm’s average profit per equity partner (PEP) also shooting up to just shy of £1m. This represented a 30 per cent increase in PEP from £756,000 to £980,000 the year prior, with net profit also […]
Herbert Smith Freehills, Gibson Dunn & Crutcher and Dentons are among the firms defending a class action that alleges customers were overcharged by five world-leading music brands. The action, which Pogust Goodhead has launched, comes after the Competition and Markets Authority (CMA) found that each company had directed sellers to price items at a minimum […]
Cadent Gas, which split from National Grid seven years ago, has updated its legal panel by reappointing five firms and adding on two more. The National Grid offshoot has given first-time places to Addleshaw Goddard and DWF. Both have been appointed onto the general services lot for Cadent, while Addleshaws has additionally won a spot […]
The Solicitors Regulation Authority (SRA) has intervened into the 14 offices across England and Wales belonging to Axiom Ince, following the news that the firm is seeking an administrator. The SRA’s intervention will prohibit the firm from operating. The SRA will take possession of all documents and papers held by the firm and take possession […]
Tech-focused Bird & Bird has bolstered its client offering by creating a new role at the firm and hiring a legal tech expert from one of the Big Four to fill it. Hélder Santos joins his new firm from KPMG where he spent 18 months as the firm’s head of legal tech Solutions, having previously […]
Over 100 organisations have now cloned code shared online by Travers Smith that is intended to help businesses develop ChatGPT-style systems. When ChatGPT launched last November, Travers’ technology heads took a look at the product and decided – along with many other innovation professionals in law firms – that they were not comfortable with the […]
Get critical intelligence into the satisfaction amongst real estate lawyers at private practice law firms in the UK based on data collected from our Lawyer Sentiment survey Filter data on firm culture, satisfaction, sentiment and churn across a range of metrics including salary bands, seniority, age group, sex and location Get the churn score across […]
This report contains: The Lawyer’s The City 50 ranking 2023 analysis on partner capital contributions and how it compares with other key indicators such as profit five-year UK 200 data showing key trends in how firms are using their real estate data on firms’ current and likely future use of artificial intelligence
The Top 100 of The Lawyer‘s UK 200 rankings interactive, firm-specific profiles of the top 50 firms’ financial overview, business mix and operations the UK 200 thermometer showing the shape of the market
This report contains: ranking of the top 50 firms based on their global litigation revenue generated in the last financial year analysis of financials and headcount growth global trends in litigation over the past year
This report contains: a stratification of the 30 largest global law firms in Continental Europe based on partner headcount a look at what proportion of global partnerships are concentrated in Europe an analysis of firms’ presence in Europe’s five key financial centres
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Generative AI and its likely impact on the legal market has been one of the themes of 2023 but as we close in on Q4, at least we can all take solace in the fact that substantive structural change is years away. Right? Well, maybe. This year’s UK 200 report, available now on the City […]
The hire of a global energy and infrastructure duo from Latham & Watkins by Clifford Chance last week is symbolic of a strategic divergence emerging between the UK firm and its US City peer. Coming after Clifford Chance (CC) opened in Houston, the arrival of partners Craig Nethercott in London and Chirag Sanghrajka in Dubai […]
These are painful times for CMS corporate associates, who were informed three weeks ago that the firm would be carrying out layoffs and that up to 19 roles were at risk. The first take: CMS plays firmly in the City low-to-mid-market and has suffered from the dearth of deals, AIM floats and venture capital fundraising. […]
The lower down The Lawyer UK200 rankings your firm sits, the more difficult it is to grow. The revenue gap between the Top 10 firms and those outside the Top 50 was £1.14bn in 2022/23, but all that separates the firm ranked 50th (Browne Jacobson) and 100th (Payne Hicks Beach) is £66m in revenue. It […]
Today’s the day: will Allen & Overy (A&O) and Shearman & Sterling vote to merge, or have efforts by both firms’ management failed to convince the naysayers? Unlike the excitement of a day’s General Election, both sides are being very lawyerly about it and can ponder for two whole weeks. The vote closes on 13 […]
Herbert Smith Freehills, Gibson Dunn & Crutcher and Dentons are among the firms defending a class action that alleges customers were overcharged by five world-leading music brands. The action, which Pogust Goodhead has launched, comes after the Competition and Markets Authority (CMA) found that each company had directed sellers to price items at a minimum […]
Cadent Gas, which split from National Grid seven years ago, has updated its legal panel by reappointing five firms and adding on two more. The National Grid offshoot has given first-time places to Addleshaw Goddard and DWF. Both have been appointed onto the general services lot for Cadent, while Addleshaws has additionally won a spot […]
The Solicitors Regulation Authority (SRA) has intervened into the 14 offices across England and Wales belonging to Axiom Ince, following the news that the firm is seeking an administrator. The SRA’s intervention will prohibit the firm from operating. The SRA will take possession of all documents and papers held by the firm and take possession […]
Tech-focused Bird & Bird has bolstered its client offering by creating a new role at the firm and hiring a legal tech expert from one of the Big Four to fill it. Hélder Santos joins his new firm from KPMG where he spent 18 months as the firm’s head of legal tech Solutions, having previously […]
Over 100 organisations have now cloned code shared online by Travers Smith that is intended to help businesses develop ChatGPT-style systems. When ChatGPT launched last November, Travers’ technology heads took a look at the product and decided – along with many other innovation professionals in law firms – that they were not comfortable with the […]
