White & Case has increased its maintenance grant for future trainees studying the Legal Practice Course (LPC) to £10,500. The US-founded firm previously handed out £7,500 to its LPC students, who study at BPP Law School’s London Holborn branch. A number of other firms, including the magic circle, Herbert Smith Freehills and Hogan Lovells, raised their grants to £10,000 […]
White & Case is to keep on 21 out of its 25 London trainees this autumn, giving it a retention score of 84 per cent. Melissa Butler, White & Case office executive partner in London, said: “The combination of a trainee programme that delivers consistently high retention rates, and a highly competitive salary and benefits […]
White & Case has hired its second lawyer from Macfarlanes in just over a year, adding private equity partner Emmie Jones to its team in London. Jones was a partner at Macfarlanes for five years after her promotion in 2013. She had spent her entire legal career at the City firm, having started as a […]
Akin Gump Strauss Hauer & Feld has become the latest US firm to increase its salaries for associates worldwide, while White & Case has decided against moving its UK lawyers over to the new Cravath pay scale. Akin Gump confirmed it will now pay its associates globally on a scale beginning at $190,000, rising to […]
The UK’s 100 largest law firms generated revenue of £33.7bn between them in 2022/23, The Lawyer can reveal in its annual UK200 report, released today. The figure is up 7 per cent from £31.3bn in 2021/22, demonstrating the resilience the UK’s legal sector despite continued turbulence in the political and economic landscapes. Meanwhile, the Independents […]
Wilko’s general counsel is taking on a new role at Sofina Foods after the high street retailer fell into administration. After last ditch attempts to save Wilko failed, general counsel Robert Powell appealed on LinkedIn for staff support of his legal team. He is now joining Sofina Foods as its head of legal. Sofina Foods […]
Senior lawyers from Revolut’s panel firms will mentor in-housers at the fintech as part of a new professional development initiative. While Revolut has its own reverse mentoring scheme internally, the in-house team were keen to mirror this with external providers. They approached panel firms Osborne Clarke and Latham & Watkins with the idea of matching […]
The UK boss of Bryan Cave Leighton Paisner (BCLP) has been appointed to the position of global senior partner. Segun Osuntokun will take up the newly-created role from 1 January, supporting the firm’s sole CEO Steve Baumer. Osuntokun joined the firm in 2008 as a partner in the litigation and corporate risk practice, and was […]
The latest episode of The Lawyer Podcast is out now! Proposed redundancies at CMS and Taylor Rose have raised associate anxieties across the market, with many wondering whether they could be the start of wider trouble. The Lawyer‘s editor Catrin Griffiths and litigation editor Christian Smith are joined by director of insight Matt Byrne and […]
Get critical intelligence into the satisfaction amongst real estate lawyers at private practice law firms in the UK based on data collected from our Lawyer Sentiment survey Filter data on firm culture, satisfaction, sentiment and churn across a range of metrics including salary bands, seniority, age group, sex and location Get the churn score across […]
This report contains: The Lawyer’s The City 50 ranking 2023 analysis on partner capital contributions and how it compares with other key indicators such as profit five-year UK 200 data showing key trends in how firms are using their real estate data on firms’ current and likely future use of artificial intelligence
IN ASSOCIATION WITH The Top 100 of The Lawyer‘s UK 200 rankings interactive, firm-specific profiles of the top 50 firms’ financial overview, business mix and operations the UK 200 thermometer showing the shape of the market
This report contains: ranking of the top 50 firms based on their global litigation revenue generated in the last financial year analysis of financials and headcount growth global trends in litigation over the past year
This report contains: a stratification of the 30 largest global law firms in Continental Europe based on partner headcount a look at what proportion of global partnerships are concentrated in Europe an analysis of firms’ presence in Europe’s five key financial centres
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The lower down The Lawyer UK200 rankings your firm sits, the more difficult it is to grow. The revenue gap between the Top 10 firms and those outside the Top 50 was £1.14bn in 2022/23, but all that separates the firm ranked 50th (Browne Jacobson) and 100th (Payne Hicks Beach) is £66m in revenue. It […]
Today’s the day: will Allen & Overy (A&O) and Shearman & Sterling vote to merge, or have efforts by both firms’ management failed to convince the naysayers? Unlike the excitement of a day’s General Election, both sides are being very lawyerly about it and can ponder for two whole weeks. The vote closes on 13 […]
On Halloween 2024, all that remained of SJ Berwin will end, as King & Wood Mallesons’ (KWM) retreat from the UK, Europe and the Middle East is finalised and its offices in those regions closed. The fate of its people in London, Brussels, Madrid, Milan, Frankfurt and Dubai will be sealed. And that will be […]
The latest mergers in Scotland will be followed by more soon enough
The Lawyer’s first Regional Powerhouse Ranking shows the strength of the UK’s legal market outside London
The Solicitors Regulation Authority (SRA) is liaising with law enforcement authorities over allegations made regarding embattled firm Axiom Ince, as the Metropolitan Police Service confirms a referral was passed on by the regulator. In August, the regulator suspended three partners from Axiom Ince, the firm that acquired Ince Group just four months before and was […]
As Axiom Ince finally collapses, The Lawyer can reveal that barely any of the current or future trainees have found new homes – and the future trainees have missed their deadline to begin their studies at BPP. The Lawyer understands that two individuals have been able to transfer their current training contracts to Stephenson Harwood […]
Jailed Russian businessman Ziyavudin Magomedov has filed a $13.8bn claim against US private equity giant TPG, ports multinational DP World and a number of Russian state companies. The claim, which alleges that Magomedov’s business empire was manoeuvred into Russian state hands, was launched by litigation boutique Seladore Legal and includes a line-up of barristers from […]
Axiom Ince has taken another hit this morning, losing a large team to Birketts and over 30 lawyers to Horwich Farrelly (HF). HF has taken the largest cohort yet from the ailing firm, onboarding more than 30 lawyers including nine partners and one associate partner. Partners Stef Johnston, Jarrod Parker, Alison Beesley, Chris Foulkes, Richard […]
This week in The Passport we’re taking a view on how Taylor Wessing might add an important missing piece in its European jigsaw and how a weak Krona has been both a blessing and a curse to Sweden’s biggest players. Taylor Wessing’s big Italian gap The big European news out of Taylor Wessing earlier this […]
