Latest Briefings

Growing up: how to achieve rapid growth without creating reputation risk

As businesses grow and change, so the expectations of their stakeholders and the type of risk they face change too. Here we will examine three of the different reputational threats issues faced by companies that are growing quickly and who will come under greater scrutiny as they succeed.

From lockdown to lockup

Williams Lea’s Phil Muller and legal billing expert Giulia Mijuca say that accurate billing and cash collection is one of the largest concerns facing law firms today – and the process behind them needs to change.

The journey of two senior lawyers – How leadership development changed everything

This is the first in a series of articles based on a panel discussion with Caroline Skinner, the General Counsel for G4S Europe Middle East, and Ingrid van Berkel, a former Eversheds Sutherland Partner and now a TPC Leadership executive coach and facilitator. Here they unpack how their experience of leadership development resulted in explosive personal growth.

One quantitative metric to rule them all

Although the Financial Conduct Authority (FCA) opened its consultation on ‘fair value for money’ in defined contribution pensions in June 2020, its update got me thinking about the proposed obligation on firms to deliver ‘fair value’ under the Consumer Duty.

Recommended

Solicitors Regulation Authority

Cleary caught up in investigation over former employee

A former employee of Cleary Gottlieb Steen & Hamilton’s London office has been banned from working in the legal sector by the Solicitors Regulation Authority after he was found to have been involved in a fraudulent scheme with three of the firm’s suppliers. Paul Fitzsimmons was the firm’s facilities and services manager until 5 August […]

RPC steers clear of furloughing but cuts partner drawings

RPC has cut partner drawings by up to 20 per cent to weather the challenges of the Covid-19 crisis. The firm has introduced a number of time-limited measures that have been put in place with immediate effect. They include the deferral of partner distributions and a “sliding scale” reduction to monthly drawings of up to […]

Jeremy Cohen

Dentons asks employees to work four-day week for six months

Dentons UK and Middle East LLP is asking all of its employees to work a four-day week for six months, with partner drawings reduced by 20 per cent for the same period. The firm has made the announcement as part of its wider package of Covid-19 measures, aimed at combating the financial impacts of the […]

money

Lewis Silkin makes more Covid-19 cuts

Lewis Silkin has taken further measures to contain the growing challenges posed by Covid-19. The firm has agreed to temporarily suspend quarterly profit distributions. It has also cut salaries and reduced the work hours of a number of its associates, junior lawyers and paralegals across different practices. The decision comes as the firm recently furloughed […]

Baker McKenzie

Bakers back in SDT as former HR director faces questioning

Following a five-month break, the Solicitors Regulation Authority (SRA) today continued to pursue its case against Baker McKenzie and three former members of the firm. At the end of 2019, Bakers former London managing partner Gary Senior, now-Linklaters partner Tom Cassels and the firm’s former HR director Martin Blackburn faced the Solicitors Disciplinary Tribunal (SDT) […]

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