PHILADELPHIA’S Cohen Shapiro Polisher Shiekman & Cohen will shut down later this month after eleventh-hour merger talks failed to secure its future. The 66-lawyer firm, hit by a number of departures during the past 15 months, had hoped to link up with established international partnership Pepper Hamilton & Scheetz. Pepper Hamilton, which has 270 lawyers […]
A SUPPORT group is launching a campaign to reform inquest procedures long regarded by lawyers as fundamentally unjust. The group, Inquest, has put together a package of measures, including a call for proper rights and legal aid for families of the deceased. The proposals will be included in a Private Member’s Bill currently being drafted. […]
Butterworths has launched the new fully-electronic CD-ROM version of the All England Law Reports. The CD-ROM will give instant access to every significant law report since 1936 on a screen which appears exactly as it does in the printed volumes. Lisa Taylor, marketing officer at Butterworths, said: “The response we have had from the legal […]
Two women’s masonic organisations exist: the Honourable Fraternity of Antient Freemasons and the Order of Women’s Freemasons. They have a lodge system, rituals and rules which are identical to those for men. They do not mix formally with the men except on social events, although there is at least one mixed lodge. Joyce Arram, a […]
Sanctioned Russian billionaire Andrey Guriev has prevailed in the $1bn showdown between him and his former friend Alexander Gorbachev, addressing the decade-long battle between the pair over ownership of the global chemicals company PhosAgro. The dispute saw Essex Court’s Paul Stanley KC and David Scorey KC, instructed by CMS, go head-to-head with Brick Court’s Helen […]
The announced merger between South Coast firm Lester Aldridge and London’s Mackrell Solicitors has been called off at a late stage, The Lawyer can reveal. The two firms announced a tie-up in May, with the deal set to complete in September 2024. Lester Aldridge had a strong 2023/24, with revenue up 12 per cent from […]
Pump Court Chambers had £2.75m stolen from its accounts by its own former credit control manager, according to a judgment released today. Gillian Goodfield, who had held her position at the chambers since 2015, was found to have committed the alleged fraud, with the money “spent on her lifestyle”. 4 New Square’s Saaman Pourghadiri appeared […]
Stowe Family Law has new owners after being bought by Bahrain-headquartered private equity house Investcorp from Livingbridge for an undisclosed sum. It is Investcorp’s first foray into the legal sector. Livingbridge acquired the divorce-focused firm in 2017, after which it went on a huge expansion drive, opening more than 50 new offices across the UK […]
One of A&O Shearman’s recently hired lateral partners has resigned following a drink-driving conviction. Months since joining the newly merged firm, structured finance partner John Goldfinch has left A&O Shearman in response to being stopped by police in April. According to the Crown Prosecution Service (CPS), Goldfinch pled guilty to drink driving at Southampton Magistrates’ […]
This report contains: A ranking of the top 50 global law firms based on their global litigation revenue. A five-year analysis of revenue and partner headcount. An analysis of global trends in litigation over the past year.
This report contains: a ranking of the top 30 global law firms in Asia-Pacific and California by the number of partners. an analysis of the regional breakdown within California and jurisdictional breakdown within the Asia-Pacific based on lawyer and partner headcount. Interactive dashboards with firm specific data.
This report contains: an overview of the UK corporate market in 2023 and the positive shift in mood among lawyers at top corporate practices ranking of the top 50 City firms based on UK corporate revenue, highlighting those achieving significant growth insight into firms’ strategic plans for its UK corporate group over the next five years
This report contains: A history of the dominance of the magic circle sets an analysis of the two challengers to the magic circle a breakdown of the sets’ activity at the commercial court over the years
This report includes: an analysis of 18 European 100 firms that have seen new managing partners since the start of 2023 a consultant’s top tips for an MP-t0-be an overview of the trends in the European 100 leadership selection
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Of the Top 10 fastest growing firms in The Lawyer’s Global Litigation 50 2024 (GL50), seven have headquarters in the UK. Given that there are only 10 UK firms in the GL50, which ranks the world’s 50 largest litigation practices, that’s not bad. Add to that, the fastest growing firm in the list, disputes giant […]
Major firms are redefining what it means to be a full equity partner
The Brits are back. We don’t mean the annual popular music jamboree at which microphones are dropped, singers’ bums are bared and popstars challenge each other to punch-ups. We mean UK-headquartered firms and their financial fortunes. For years, the contrast with their oppos from across the Atlantic, most of which have been beavering away driving […]
Newly-qualified (NQ) lawyers have seen salary levels soar over the last decade. In 2014, a fresh-faced Clifford Chance lawyer could earn £67,500; that figure reached £150,000 this summer. It is US firms that have inflated the pot with constant base raises that align London and New York operations. But the ripples spread outwards. When Quinn […]
Eversheds partners aren’t really in the business of throwing curveballs. This week, partners in the International LLP – that’s everything outside the US – cemented Keith Froud as Lee Ranson’s chief executive successor in an uncontested election. We’d have stopped taking bets on this one years ago, you could see it coming a mile off. […]
Clyde & Co has transformed all its corporate loan facilities into sustainability-linked loans, providing a financial incentive to achieve its greenhouse gas emissions reduction targets. The firm first switched its credit facility with Barclays to a sustainability-linked credit facility in May 2023, which means the interest rate changes depending on whether or not Clydes meets […]
DAC Beachcroft (DACB) has launched its second office in Asia Pacific. DACB will form an association with the newly-created CK Lee & Co, a Hong Kong firm that will ensure DACB’s clients can access legal advice internationally and in Hong Kong. The firm will be led by Kelvin Lee who was previously a partner at […]
Norton Rose Fulbright (NRF) has unveiled a new global leadership structure that could see partners paid significantly more for originating or introducing work regardless of where it is carried out. The firm’s new system, which had been operating on an interim basis since former CEO Gerry Pecht retired from the firm last year, has now […]
Freshfields Bruckhaus Deringer has ditched its German brand heritage as it attempts to transform its image into one that better positions it as a member of the global elite. The firm has reached the end of a rebranding exercise when it mulled whether to drop Bruckhaus and Deringer from its name, nearly 25 years since it […]
Addleshaw Goddard has entered the £100,000 club after hiking City salaries for newly qualified solicitors (NQ) by over 5 per cent. The firm’s rate for junior lawyers in London has increased from £95,000 to £100,000. The last time Addleshws raised its NQ salary was in September 2022, when the firm implemented a 16 per cent […]