Nobody has dared to declare their financial results – yet
Where are all the financial results? We’re a week into July and by now reporting season should be in full swing.
Covid-19 forces BLM to kick off redundancy consultation
BLM has entered redundancy negotiations as it seeks to stave off the financial threat posed by the Covid-19 crisis. Employees in the costs and business development and marketing teams are set to leave the firm, with approximately 20 roles being made redundant. So far, a total of 170 members of staff have been furloughed at […]
The deals that closed last week: New “Green” Milan and AI with Linklaters, Taylor Wessing and Paul Hastings
Every week of June a retailer has collapsed into administration, citing cash flow pressures exacerbated by Covid-19. The last week saw further collapses, including shirt maker TM Lewin and furniture store Harveys while Bensons for Beds was saved. Shoosmiths and Eversheds Sutherland picked up two mandates apiece; Shoosmiths led for the administrators on the TM Lewin […]
In-house interview: Crabtree & Evelyn GC Katie Power on the benefits of flexibility
The UK is being slow to shift from the traditional nine to five, but thanks to Katie Power, Crabtree & Evelyn is using flexible working to its advantage
Temperature checks and wasted office space: how the Bar is going back to the office
Nobody has dared to declare their financial results – yet
Where are all the financial results? We’re a week into July and by now reporting season should be in full swing.
Covid-19 forces BLM to kick off redundancy consultation
BLM has entered redundancy negotiations as it seeks to stave off the financial threat posed by the Covid-19 crisis. Employees in the costs and business development and marketing teams are set to leave the firm, with approximately 20 roles being made redundant. So far, a total of 170 members of staff have been furloughed at […]
The deals that closed last week: New “Green” Milan and AI with Linklaters, Taylor Wessing and Paul Hastings
Every week of June a retailer has collapsed into administration, citing cash flow pressures exacerbated by Covid-19. The last week saw further collapses, including shirt maker TM Lewin and furniture store Harveys while Bensons for Beds was saved. Shoosmiths and Eversheds Sutherland picked up two mandates apiece; Shoosmiths led for the administrators on the TM Lewin […]
In-house interview: Crabtree & Evelyn GC Katie Power on the benefits of flexibility
The UK is being slow to shift from the traditional nine to five, but thanks to Katie Power, Crabtree & Evelyn is using flexible working to its advantage
In court this week: JD Sports, horse racing and bankruptcy with Linklaters, K&L Gates and RPC
With the Competition Appeal Tribunal (CAT) back up and running, there is a remote case management conference taking place on Monday in the scrap between JD Sports Fashion and the Competition and Markets Authority, with Freshfields Bruckhaus Deringer and Linklaters both involved. The dispute concerns JD Sports’ application for review against a recent decision made […]
Who’s in and who’s out at Barclays
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, […]
The platform firm has moved mainstream
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 […]
Don’t wait for the climate crisis to come to you
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 […]
Welcome to your TikTok legal career
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 […]
Slaughters and Linklaters can breathe a huge sigh of relief
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 […]
A trip to Goodwood: GC preps for motorsport history
For legal head Judi Gadsby, a lunchtime walk through the Goodwood Estate, with her golden retriever in tow, is one of the many perks of her day job. The 300-year-old estate is the seat of the Duke of Richmond and comprises nearly 5,000 hectares of land in Chichester, West Sussex. As head of legal at […]
Vinge CEO exits firm after 12 years in top job
Vinge’s Maria-Pia Hope has left the Swedish firm after stepping down as CEO after 12 years in the role. Hope’s final day at the firm was 31 March with her successor, banking and finance partner Louise Brorsson Salomon, stepping into her shoes on 1 April. Having joined the firm in 1996, Hope made partner seven […]
Trowers reveals innovation trainee seat amid legal tech push
Trowers & Hamlins has become the latest firm to offer an innovation seat to its trainees as a part of its training contract. From the beginning of April, trainees at Trowers will have the option to sit in the innovation team and develop their competency in legal tech. Trowers’ training contract is divided into four […]
Scandi shake-up as Hannes Snellman finalises split between offices
Scandinavian firm Hannes Snellman has finalised the split between its Swedish and Finnish businesses, citing “a divergence of the business strategies…in Helsinki and Stockholm”. The firm announced in February 2024 that the split would take place and the necessary arrangements have taken place splitting the offices into two distinct entities under the Hannes Snellman operating […]
Harbottles partners told to step up on lock-up
With the 2023/24 financial year-end just days away, law firm leaders are doing everything they can to make sure no bill is left unsent and no debt is left uncollected. For many firms, that process will include turning to a raft of new technology solutions to try and speed up the cashflow process. However, at […]
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