Steptoe sets up in NY with fraud focus

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Latest Briefings

Law Firm Survey 2018

By Giles Murphy Finding and retaining those talented individuals is becoming more difficult. Not only must law firms contend with traditional rivals, but also with new entrants, such as the Big 4 accountancy firms. At the same time, firms are looking to shore up their businesses with increasing specialisation and geographic expansion. Mergers and acquisitions […]

Legal technology: Looking past the hype

Did the expression “UK Legal Tech Landscape” once make you excited and now make you groan? Increasingly you are not alone. Overblown promises and a lack of clear solution-based thinking has driven confusion and disillusionment with legal technology. This is due, in part, to the fast pace of change in the legal industry and the […]

Approval of changes in Debt Arrangement Scheme in Scotland

By Rob Aberdein In August 2018 Rob Aberdein explained proposed changes to the Debt Arrangement Scheme (DAS) in Scotland. The legislation enacting those changes has now been approved by Parliament and the new regime will come into force on 29 October 2019.  The legislation and guidance can be viewed here.

ICO continues to undertake enforcement action under the Data Protection Act 1998

By JP Buckley The ICO continues to undertake enforcement action under the previous Data Protection Act 1998. It applies where the breach was before 25 May 2018, when the GDPR and Data Protection Act 2018 came into force. We have seen from recent enforcement action that the trends continue… data protection and security is not […]

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Martineau Johnson – UK 100

Turnover: £18.6m Profit per equity partner: £170,000 Equity spread: £160,000-£175,000 Net profit: £5.4m Profit margin: 29 per cent Salaried partner remuneration: None. Revenue per lawyer: £194,000 Revenue per partner: £454,000 Revenue per equity partner: £1,329,000 Cost per lawyer: £138,000 Profit per lawyer: £56,000 No of partners: 41 No of equity partners: 14 No of female […]

BCCI/Bank of America case reaches shock agreement

As the BCCI liquidator’s case against the Bank of England rumbles on, a surprise settlement has been reached in its parallel case, BCCI’s massive claim against Bank of America. In terms of scale, amount of legal fees, and some allegations, the Bank of America case mirrors the case against the Bank of England. The case […]

Exchange Chambers – UK 100

Turnover: £13.1m Heads of chambers: David Turner QC and Bill Braithwaite QC. Total tenants (silks): 76 (11) Door tenants: Two Chambers contributions: 12.1 per cent Revenue per barrister: £172,000 Top cases last year: Tomlinson v Congleton Borough Council; Cream v Liverpool Echo; R v Petrie Petrie & Cooke; R v Taylor, Dolan and Abbott; R […]

XXIV Old Buildings – UK 100

Turnover: £9.3m Heads of chambers: Alan Steinfeld QC and Martin Mann QC. Total tenants (silks): 30 (7) Door tenants: One Chambers contributions: 12.1 per cent Revenue per barrister: £308,000 Top cases last year: IPOC v Alfa; Jordan v Vodaphone; Schmidt v Rosewood Trust; Criterion properties v Stratford Properties; AWG v Sir Fraser Morrison; Phillips, Harland, […]

Morgan Lewis – UK 100

UK/global turnover: £9.5m/£385m UK/global PEP: £640,000/£503,000 UK/global revenue per lawyer: £365,000/£362,000 UK revenue per partner/equity partner: £1m/£1.9m Global revenue per equity partner: £1.9m UK/global number of partners: 5(9)/204 UK/global number of lawyers: 26/1,063 UK number of staff: 16 plus six from an outsourcing company. UK/global leverage ratio: 1:4.2/1:4.2 UK equity partner to staff ratio: 1:3.2 […]

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