The founder of Allen & Overy’s flexible resourcing business Peerpoint is joining provider Elevate in a new role, months after leaving his post at the firm. Ben Williams will become vice president and general manager for the provider’s contract services business unit. He left Allen & Overy last December. Williams joins after a long stint […]
A Panama-based investment vehicle was today ordered to make a costs payment of £700,000 to its former solicitors Bird & Bird. This forms part of a broader dispute over four unpaid invoices to the City firm, with Ansbury Investments claiming that Bird & Bird duplicated its workload across its London and Milan offices. In a […]
Linklaters‘ in-house tech startup Nakhoda has started to host trainees as part of secondments aimed at equipping them with product development and commercial skills. Under the leadership of former head of innovation Shilpa Bhandarkar, who has recently been appointed as chief executive officer of Nakhoda, the 2017-launched in-house start-up sees developers, designers and product managers […]
Sidley Austin has joined the growing number of US firms to report double-digit growth for their City operations in 2020, hiking London revenue 10 per cent to £108m. This represents a 10 per cent rise for the Chicago firm’s City base, from £98.1m over the previous year. Sidley’s global top line meanwhile rose by 5 […]
Stewarts Law has temporarily fought off a £56m negligence lawsuit after the High Court ruled that the claim had not been properly served against the firm.
The founder of Allen & Overy’s flexible resourcing business Peerpoint is joining provider Elevate in a new role, months after leaving his post at the firm. Ben Williams will become vice president and general manager for the provider’s contract services business unit. He left Allen & Overy last December. Williams joins after a long stint […]
A Panama-based investment vehicle was today ordered to make a costs payment of £700,000 to its former solicitors Bird & Bird. This forms part of a broader dispute over four unpaid invoices to the City firm, with Ansbury Investments claiming that Bird & Bird duplicated its workload across its London and Milan offices. In a […]
Linklaters‘ in-house tech startup Nakhoda has started to host trainees as part of secondments aimed at equipping them with product development and commercial skills. Under the leadership of former head of innovation Shilpa Bhandarkar, who has recently been appointed as chief executive officer of Nakhoda, the 2017-launched in-house start-up sees developers, designers and product managers […]
Sidley Austin has joined the growing number of US firms to report double-digit growth for their City operations in 2020, hiking London revenue 10 per cent to £108m. This represents a 10 per cent rise for the Chicago firm’s City base, from £98.1m over the previous year. Sidley’s global top line meanwhile rose by 5 […]
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
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, […]
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 […]
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 […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
Slaughter and May is to add another senior lawyer to its pensions team in the City, this time from Freshfields Bruckhaus Deringer. Charles Magoffin, a partner at Freshfields since 2010, is joining Slaughters as a senior counsel from September. Slaughters has still only ever made one lateral hire in the City, also into its pensions […]
Litigation funders will be keeping a close eye on an upcoming review into third-party funding regulation, proposed caps on returns, as well as litigation costs. The Civil Justice Council is looking to produce a full report by the summer of 2025. The review follows an increased focus on litigation funders and their role in disputes, […]
In its largest promotions round ever, Ashurst has elevated eight London lawyers to partner out of 30 worldwide. The firm has made up eight lawyers in London, as well as seven in Sydney. In total, 17 promotions were made in Ashurst’s Australian offices, meaning just five were made outside of either London or Australia. Loans […]
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 […]
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 […]
