The long read: Plenty of firms wanted a 2020 Vision, but did they stick to it?
The world and everything in it is going through a period of unprecedented change, which means it has never been more difficult to devise a five-year strategy. For firms nearing the end of their 2020 vision, how did they fare?
Slaughter and May, DWF and CMS Cameron McKenna Nabarro Olswang are acting on Countrywide’s £38m sale of its commercial property business, a year after it called on shareholders to raise fresh funds to cut its debt. The crisis-hit estate agency group has sold Lambert Smith Hampton to Monaco-based property developer John Bengt Moeller. Milton Keynes-based […]
The Lawyer has compiled trainee solicitor salaries and newly-qualified (NQ) solicitor salaries from the UK’s largest law firms. Updated 22 June 2020 with data on impact of coronavirus pandemic on NQ salaries and appointments. The latest salary figures are a reflection of the influence of American firms on the UK market. When Bingham McCutchen became […]
A hearing date has been scheduled in a case brought against Raymond McKeeve by Ocado, with the Jones Day partner looking to defend allegations that he ordered for the destruction of documents. With Mishcon de Reya on call for the claimants and Foot Anstey acting for McKeeve, an initial one-day application hearing to consider allegations […]
Lloyds Banking Group has appointed the Phoenix Group’s former legal director as its new head of legal for corporate and M&A. The Lawyer Hot 100 2017 Phil Hagan, who led the FTSE 100 Phoenix Group’s legal team for over ten years, has moved to Lloyds to act as interim head of legal for corporate and […]
Keating Chambers has put forward £20,000 to help fund a criminal bar pupillage, in a bid to offset the financial impact of the pandemic on the criminal bar. The one-off fund will support one pupillage for an aspiring criminal barrister. Construction set Keating has pledged the money for a set that has had to withdraw […]
The legal world is mourning the loss of one of its real estate stalwarts, Geoffrey Lander, who passed away on Saturday 12 September. The former Nabarro head of real estate and a prominent figure within the wider property community passed away while undergoing chemotherapy aged 69. Tributes recall Lander’s immense charisma and charm, as well […]
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 […]
South-West firm Thrings has kicked off a redundancy consultation for around 20 roles and deferred the rent payment of two of its offices, part of an extensive set of measures implemented by the firm. The Bristol-headquartered outfit has taken the decision as it faces a fall across its financial metrics. Revenue in 2019/20 dropped 8 […]
Bird & Bird has seen its average profit per equity partner (PEP) drop in the financial year 2019/20. The UK firm’s PEP went down by 3 per cent from from £575,000 to £555,000, a metric that the firm had not previously reported as part of its financial results for 2019/20. It marked a fall for the […]
PwC Legal is looking to expand its lawyer headcount in regional offices as part of a project for the new financial year. The legal arm of the accountancy firm is eyeing growth for its professionals especially in its bases in Manchester and Birmingham, but expansion will equally be pursued in Leeds and Belfast. The project, […]