Clifford Chance has launched its third global operations division- this time in Poland. The hub in Warsaw comes after similar launches in India and Newcastle, which already support teams across the world on innovation and improving client service delivery. There are two sites in India – in Gurugram and Hyderabad – meaning this is the […]
The Solicitors Regulation Authority (SRA) has over 20 live investigations ongoing into solicitors and firms who worked on behalf of the Post Office or Royal Mail Group. In a statement released yesterday, the regulator said it is looking into a number of issues raised in debates about the Horizon scandal. Between 2000 and 2015, Post Office […]
As part of a long-term plan for the City, Milbank is taking additional floor space in its office to make room for growth. The firm is adding an extra 15,000 sq ft in its 100 Liverpool Street home. This means that over the course of the next 10 years, the firm will be able to […]
A&O Shearman’s private capital sector co-lead — and also the former co-head of the magic circle firm’s banking group — is lining up a move to Proskauer Rose. The Lawyer understands that Philip Bowden is moving over to Proskauer after 25 years at legacy Allen & Overy (A&O). During that time he was promoted to […]
Weightmans is handing out £3,000 bonuses to all of its staff to celebrate a record year in which revenue grew by 12 per cent. The firm changed its financial year-end from 30 April to 31 March this year, posting revenue of just over £140m for the 12-month period. This equated to a 12 per cent […]
Herbert Smith Freehills has increased its compensation package for its trainee solicitors and newly-qualified (NQ) solicitors, with NQs now earning £135,000. NQ pay at the firm will increase 12.5 per cent from £120,000 to £135,000 – a figure that now surpasses that of Slaughter and May which decided to remain at £125,000 in June. Trainees […]
Paul Weiss Rifkind Wharton & Garrison is to match its US rivals on newly-qualified (NQ) solicitor pay, with a pledge to start taking on trainee solicitors in London. The firm is expected to have its first cohort of trainee solicitors start in London in September 2026. Trainee pay is currently undisclosed but the firm will […]
Skadden Arps Slate Meagher & Flom took the lead role for BlackRock on its acquisition of private markets data solutions provider Preqin for £2.55bn. The deal sees BlackRock acquire Preqin to expand Aladdin, the private equity giant’s portfolio management software. The deal will bring Preqin’s data and research tools together with Aladdin’s workflow capabilities to […]
Scottish firm Burness Paull has posted a 28 per cent drop in revenue from £83.2m to £60.1m, following a change in its financial year-end that cut four months from its trading period. The year-end change at Burness Paull, prompted by HMRC’s basis period reforms, is one of the most significant among UK 200 firms. Unlike […]
This report contains: an analysis of the reality of Cleary Gottlieb’s growth trajectory in London since 2014 an overview of challenges faced by the top global firms which are pursuing similar growth strategies a discussion on Cleary’s distinctive practice area mix, highlighting its substantial focus on antitrust cases.
This report contains: ranking of the Nordic 50 firms on a headcount basis headcount analysis of the largest firms split into three groups financial and market analysis of the four jurisdictions in the region firm specific data profiles
This report includes: a breakdown of the eight firms shortlisted for the Litigation Team of the Year at The Lawyer Awards 2024 an overview of the case they have been nominated for an analysis of the firms’ larger litigation team
This report includes: a regional efficiency map for firms ranked 101-200 (The Independents) insight into the impact of geographic location on efficiency, highlighting regional disparities, drivers of success, and areas for improvement.
This report contains: financial performance of the largest US firms in London analysis of five standout firms that achieved significant revenue growth, detailing key factors behind their success individual firm profiles highlighting financial performance, growth strategies and client base and matters
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Last week was a whirlwind for climate change awareness. London hosted its annual Climate Change Week, the Grantham Research Institute unveiled a startling report on the surge in climate litigation, and BHP, the world’s largest mining giant, lost a High Court case, allowing 33,000 Mariana dam disaster victims to proceed with their claims. Meanwhile, the […]
To be in the global law market requires a strong City presence, of that there can be no doubt. The Lawyer’s US 50 report underscores just how vital London is; the multimillion-pound investments being made by US titans shows that growing in the City is not only advantageous, but essential. And yet. You might be surprised […]
$20m partners are rare, but they are multiplying. Paul Weiss, Kirkland, Davis Polk, Weil Gotshal and latterly Latham are reshaping their partner compensation for the big figure, stretched upwards from the $9m that Paul Weiss paid for Scott Barshay in 2016. As The Lawyer reported yesterday, even Cleary – Cleary! – is now considering it. […]
Power is largely siloed. When we look at the top 25 firms in The Lawyer’s UK200, partners drawn from the practices most identifiable with the firm’s culture almost always end up in the managing partner spot. There are two exceptions in Slaughters’ Deborah Finkler (disputes) and Pinsents’ Laura Cameron (health/safety), but firms have largely stuck […]
Every year we bid goodbye to famous old names from Britain’s legal scene. Whether by merger or misadventure in the last few years the likes of BLM, Coffin Mew, Ince, RadcliffesLeBrasseur and Taylor Vinters have made graceful or not-so-graceful exits from the ranks of the UK200. But every mighty tree that falls in the forest […]
Latham & Watkins is preparing to turbocharge the amount it can pay its highest revenue-generating partners, with a vote on the introduction of super points expected over the summer. The key change would be the introduction of a new 1,600-unit tier for star performers who not only generate significant fee income, thought to be at […]
Noerr’s Warsaw office is setting up shop on its own, after it emerged that the German giant was pulling out of the Central and Eastern European market (CEE). In April, Noerr revealed it would be transferring its practices in Bratislava, Budapest, Bucharest and Prague to Kinstellar. At the time, there was no mention of Noerr’s […]
Bird & Bird and Holman Fenwick Willan are the latest firms to announce pay increases for their newly-qualified solicitors, with the latter rising to £100,000. HFW has increased its pay from £95,000 to £100,000, while Bird & Bird has put in place a slightly lower rise of £3,000 to £98,000. Bird & Bird’s increase comes […]
A general counsel – who qualified as a barrister – has taken to networking platform LinkedIn to protest against rules meaning she cannot sign off qualifying work experience (QWE) for those undertaking the Solicitors Qualifying Exam (SQE). Natalie Connor, a VP of legal at Crowdcube and consultant GC for Legal Edge, has worked as a […]
Paul Hastings is expecting to generate over $200m (£158m) in its London office this year after investments made across its finance and litigation groups. The firm is estimated to have brought in $174m (£138m) over 2023, meaning it is looking to grow its revenue in the City by at least 15 per cent in this […]