In-house interview: The ex-Slaughters lawyer at the health tech start-up
Babylon’s general counsel Henry Bennett is dealing with multifaceted legal challenges at the digital health start-up.
In-house interview: Deliveroo’s disputes head on why he tells panel lawyers to get on their bike
Deliveroo’s Tarun Tawakley defends ‘gig’ economy employment and describes the lengths firms have to go to in order to be added to the company’s panel
In-house interview: Red Bull Racing’s GC on life in the fast lane
As Red Bull Racing’s UK GC, Ben Gordon-Smith is in a race to change the way the motorsport company operates and give a more demanding role to its lawyers
In-house interview: Crabtree & Evelyn GC Katie Power on the benefits of flexibility
The UK is being slow to shift from the traditional nine to five, but thanks to Katie Power, Crabtree & Evelyn is using flexible working to its advantage
In-house interview: bringing Cambridge University Press into the digital age
As Cambridge University Press evolves from dusty journals in a vast library to digital print, the publisher’s GC Catie Sheret aims to assist its tech offering.
Blackstone Chambers starts dog walking service
Magic circle set Blackstone Chambers has started a dog-walking service to assist its members who have dogs. The scheme has been in place for over a year, and the dogs are walked twice a week for two hours in locations near London Bridge, as well as in Shoreditch and by King’s Cross. The barristers that […]
Mishcon, Fox Williams and Blackstone join $13.8bn Russia dispute
Mishcon de Reya, Fox Williams and Blackstone Chambers are the latest to join the $13.8bn dispute filed by jailed Russian businessman Ziyavudin Magomedov against 22 defendants. Magomedov became a billionaire during Dmitry Medvedev’s four-year term as Russian president, which ended in 2012. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement […]
A&O’s profits jump in last results pre-Shearman
Allen & Overy’s turnover rose 3 per cent in the financial year running up until its merger with Shearman & Sterling, while profits soared by 17 per cent. The results only cover legacy A&O’s financial year 2023/24. The firm said its client revenue rose 3.4 per cent from just over £2.1bn to £2.2bn, an increase […]
Clients are yet to see AI benefits, Deloitte survey claims
Clients are yet to see AI benefits from law firms, a report from Deloitte Legal has revealed. A new survey undertaken by Deloitte Legal has shone a light on the client sentiment behind the legal AI buzz. It stated that clients have yet to see any significant change or benefit in their law firms’ use […]
Reed Smith hikes NQ pay to £125,000
Reed Smith has increased its newly-qualified (NQ) solicitor salary to £125,000 in its first rise since announcing a hike in 2021. From September this year, the firm is set to increase base salaries for NQs from £107,500 with all other associate-level salaries expected to rise in line with the change. The new compensation structure means […]
Cleary Gottlieb: Under the skin of a firm playing catch-up
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.
The Nordic 50 2024
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
Litigation team of the year
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
Regional efficiency of the UK 101-200: the Independents
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.
US 50 2024 – Financial results
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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We love Spain, but not that much
It’s coming ho… No. Stop right there. Don’t say it. Stop thinking it. You know that you were. We’ve been here before. Don’t jinx it. Ollie Watkins gave England football fans a moment to savour on Wednesday night with a touch-and-finish so exquisite that it would not look out of place in any of this […]
At Linklaters, not all roads point to the US
Attention turned to Linklaters’ US advances when its financials were released this week, and tied into that, its well-publicised partner losses to US firms in London. Since last summer, four of its partners have joined Paul Weiss, although it feels like much more. Added on to that are the many Linklaters alum who swapped the […]
The £30m sweet spot
No, don’t worry, Paul Weiss and Kirkland have not further stretched their partner compensation to £30m, so wipe away that bead of sweat that just appeared on your forehead. The £30m being referred to here concerns the UK’s independent firms – more specifically, the firms that have not reached this revenue milestone. There are 84 […]
Start poaching planning partners
As Sir Keir Starmer settles into Number 10, so law firms must adapt to the new political order. With that in mind, it is worth taking note of a couple of lateral moves that have taken place in the mid-tier in the last couple of weeks. Alex Madden, the head of planning at South West […]
Bristol is better than Manchester
The annual promotions round is a calendar highlight for many firms, but, for a growing number of junior lawyers, joining the partnership is no longer a career high. A recent LexisNexis report, Disloyal lawyers: has the partner track lost its lustre?, found a quarter of associates do not want to make partner in their current […]
WFW profits rise 7 per cent after investment-heavy year
After a significant rise in its results over 2022/23, Watson Farley & Williams has reported another year of double-digit growth in which global income increased by 11 per cent. Income reached £238.4m, climbing from 2022/23’s figure of £215m. Overall profit saw a 7 per cent increase from £62.3m to £66.8m. Average profit per equity partner […]
Shoosmiths turnover crosses £200m mark
Shoosmiths has capped off the 2023/24 financial year with a 6 per cent rise in revenue to £206.7m, taking the firm’s topline past £200m for the first time. Profits and average profit per equity partner were also recorded to have gone up at the firm, the former climbing by 5 per cent to £66m and […]
Simpson Thacher leads as Melrose founders list new business
The former bosses of Melrose Industries is listing a new company – Rosebank – on the alternative investment market (AIM), with Simpson Thacher & Bartlett advising on the float. Simpson Thacher partner Adam Signy has long advised Melrose in its acquisition deals and is at the helm of this listing along with partner Lucy Gillett. […]
Travers restocks in infrastructure with new hire
Following the departure of a partner to Sidley Austin, Travers Smith is adding a new member to its infrastructure finance team. Ryan Ayrton joins from Watson Farley & Williams, where he has been a partner since 2022. Prior to this, Ayrton had spent his whole legal career at Linklaters. His arrival follows the exit of […]
3PB elects new head of chambers
3 Paper Buildings (3PB) has elected its first female head of chambers, family law silk Liz McGrath KC. A new deputy head of chambers, commercial and construction silk David Parratt KC, was also selected and started his new role last week. McGrath succeeds David Berkley KC, who served a five-year term, while Parratt takes over […]