The speed read

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The speed read: back to normality at NRF but redundancies at Addleshaws

Back to normal at Norton Rose Fulbright? Back in April, the majority of staff at Norton Rose Fulbright switched to a four-day working week for what seemed like a rather apocalyptic length of time: 12 months. Turns out NRF was just preparing its employees for the worst, as this week it decided to end the […]

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The speed read: financials, misconduct, and office dilemmas

Firms will make smart choices when their next office move comes Attention has been focused on law firms’ own real estate ever since the pandemic began and there were plenty of developments this week, with Milbank delaying its office move to 100 Liverpool Street, Freshfields scheming how its move into 100 Bishopsgate will work, Stephenson Harwood […]

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The speed read: A Mayfair exit; exam news; and planning ahead

With plenty of students set to receive exam results over the next month, the SRA had its own news on how much it is likely to cost to qualify as a solicitor. These were the top five reads from this week. The path to the new SQE has been long – and widely debated It […]

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The speed read: angry law students; oligarchs; and redundancies

Students are not having a great lockdown When an individual law firm gets into trouble, the wider profession usually rallies round to help its most junior members: trainees and law students. Case in point: KWM a few years back. But when the whole profession is going through difficult times it’s a slightly different situation and […]

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The speed read: pay cuts; mergers and a Hogan Lovells reunion

The pay cuts are happening thick and fast now A good rule of thumb is: once one firm does it, the floodgates open. Following the likes of Reed Smith, this week Allen & Overy and Clifford Chance have both cut pay, signalling it’s okay for everyone else to do it too. Today we’ve seen Osborne […]

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The speed read: London (sort of) reopens while Hong Kong (sort of) closes

It’s reopening week – of sorts It’s now 90 days since the UK’s official lockdown (yes, 90) with law firms among those this week beginning the long crawl out of office hibernation. And it will be just that, a long crawl. Firms that have technically opened their doors are still expecting the majority of their […]

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The speed read: NQ pay; US firms; and the super-exam battle continues

After seven years of consultations and pilots, junior lawyers’ super-exam concerns have still not been allayed In this turbulent world, it’s good to know that some things never change. Reform to the legal education system has been in the works for the best part of a decade now. The Solicitors Regulation Authority (SRA) has been […]