In-house lawyers are contending with major resourcing issues that is preventing them from doing their job effectively. This is the conclusion of major new research from alternative legal provider, Axiom, which found the in-house market stacked with challenges. In the wake of the Post Office Horizon Public Inquiry, which has put the reputation of the […]
The scene: A US firm boardroom, somewhere not in New York*. Big Cheese (furiously): ‘We’re not growing fast enough. What have you got?’ Smaller Cheese (panicking): Private equity! That’s the thing! Kirkland! Paul Weiss!’ Big Cheese: ‘Do whatever it takes. And do it now.’ Smaller Cheese: ‘Leave it with me. We’ll hire big in London. […]
Some US firms in London tend to get all the headlines, and as you know who they are, we won’t bother namechecking them again. But there are others, a tad more under the radar, that have had a barnstorming year in 2023 and whose time in the limelight is now. Such as Willkie Farr & […]
The latest newly-qualified (NQ) salary rise from Freshfields Bruckhaus Deringer still managed to raise interest last week, despite the fact enormous pay hikes are the new normal these days and that even £150,000 isn’t unusual any more (as of last week, Quinn’s £180,000 tops the market alongside Gibson Dunn). But it is still significant because […]
European firms see more value in having a physical office in the Square Mile than they do in the Big Apple. Last week, Spanish firm Uría Menéndez became the latest to shut up shop in New York, having been there for 30 years. Uría was the final member of Slaughter and May’s fabled Best Friends […]
A partner from Mayer Brown’s London office is scheduled to appear before the Solicitors Disciplinary Tribunal (SDT) later this year over historic allegations related to “know your client” checks. Corporate real estate partner Simon Price is set to appear before the SDT on 11 June for an initial case management hearing. The Lawyer understands that a […]
Brick Court Chambers is the latest in the legal market to investigate a possible cyber breach. A Brick Court spokesperson said: “We are aware of a potential cyber incident and we are actively working with external cyber specialists to investigate the extent of any data breach. “Chambers remains fully operational and we are taking all […]
RPC is set to defend gaming company Valve in a class action launched by Milberg London in the Competition Appeal Tribunal (CAT). The action is brought by class representative and children’s digital rights campaigner Vicki Shotbolt, who set up social enterprise Parent Zone, on behalf of around 14 million UK consumers. She alleges the class […]
Slaughter and May is leading for the owner of Royal Mail, which is poised to accept a takeover bid from Czech-owned EP Group (EP). EP’s bid values International Distribution Services (IDS) at approximately £3.5bn. Slaughters’ corporate team for IDS is led by partners Richard Smith and Claire Jackson. Kirkland & Ellis is leading for EP […]
A capital markets team from Linklaters is taking the lead in the expected London Stock Exchange listing of British single-board computer developer Raspberry Pi. Under the leadership of equities global chair and capital markets partner Jason Manketo, the firm is working with both the Cambridge-headquartered chip maker and its non-profit subsidiary over the process of […]
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