New powers are rising in the far North
The latest mergers in Scotland will be followed by more soon enough
Who cares about London, anyway?
The Lawyer’s first Regional Powerhouse Ranking shows the strength of the UK’s legal market outside London
Don’t forget to look after the partners
A period of radical change has descended on the profession, with firms contending with a raft of organisational challenges. Major tax reforms are underway for the 2023/24 year, with many firms expected to issue cash calls to satisfy the income tax bills from HM Revenue & Customs. But this one-off hit is little compared with […]
There are too many lawyers to regulate
How many people does it take to keep lawyers honest? For the Solicitors Regulation Authority (SRA) the answer is 646. That’s how many people were employed by the body that regulates solicitors across England and Wales as of October 2022, with headcount having grown by nearly 50 since 2018. In turn, those 646 members of […]
Your offices are smaller, and yet more expensive
The reimagining of the office is a hallmark of the post-pandemic era. In 2022, law firms took 1.5m sq ft of space in London, a new record, according to Knight Frank. And this isn’t a phenomenon confined to the capital: from Glasgow to Plymouth, law firms are leading the climate-friendly office revolution. The upcoming The […]
BT rewards diversity contest winner with panel spot
Three years after pledging to reward a panel firm for its diversity efforts, BT has made good on its promise and automatically reappointed one of its advisers. BT Group has crowned Addleshaw Goddard as having the best diversity and inclusion (D&I) track record among its existing legal panel, which automatically wins the firm a spot […]
A&O mulls sale of legal risk management business
Magic circle firm Allen & Overy is mulling a sale of its legal risk management division prior to its merger with Shearman & Sterling. Aosphere is part of A&O’s advanced delivery and solutions offering, which also includes A&O consulting and flexi-lawyer business Peerpoint. Divisions performed well over the last financial year, with revenue across this […]
Addleshaws leadership scramble begins as Joyce quits early
Addleshaw Goddard’s longstanding managing partner is to stand down from his leadership role one year early. John Joyce, the firm’s former head of business support and restructuring, has led the firm since 2014. He was re-elected for a second term in 2017 and then a third term was obtained during the Covid-19 pandemic. Joyce was always […]
Supreme Court keeps ‘tuna bonds’ litigation alive
The Republic of Mozambique has succeeded in keeping its litigation over the ‘tuna bonds’ scandal alive amid an attempt by Privinvest Shipbuilding to seek a partial stay of proceedings. The shipbuilding company was funded by a range of creditors, including Credit Suisse, to develop an exclusive economic zone around the Mozambique coast to develop tuna […]
CMS to plant the flag in Riyadh
CMS is the latest firm to launch an outpost in the Saudi Arabian capital. The Lawyer understands the firm has just received its licence to open from the Saudi government and is in the process of hiring a team. CMS joins a spate of firms that are looking to launch in Saudi Arabia. In July, […]
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