Financings
Kimberley Hotels was advised by Eversheds Hepworth & Chadwick in relation to an enterprise investment scheme.
Football Competition
The Lawyer is pleased to announce the 1995 Legal National Five-a-Side football tournament in conjunction with Arsenal Football Club. The competition is open to all members of the legal profession and those associated with it. So law firms, barristers’ chambers, in-house legal departments and courthouse staff are invited to field teams. The event will kick […]
Property lawyers move on to fresh pastures
FORMER Freshfields partner Ian Fisher has defected to West End firm Fladgate Fielder saying the move will allow him more scope to pursue his institutional property speciality. Fisher was a partner for 15 years in City-based Freshfields’ commercial property department, but says he feels domestic institutional work was being marginalised there. In a second commercial […]
In brief: Health and safety advice on offer
Leading West Country businesses have signed up to a scheme offering health and safety advice set up by Bristol firm Osborne Clarke. So far 35 companies and institutions have joined the club established by Richard Bretton, head of Osborne Clarke’s health and safety unit. The services offered by the club feature free advice bulletins, workshops […]
All you ever wanted to know about Armenia
A&O Shearman partner resigns after drink-driving conviction
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’ […]
“There’s money on the line”: Clydes’ green loan drives staff action
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 […]
Mishcon’s growth isn’t all it’s cracked up to be
It has been a bumper year for the UK’s top 100 law firms, with 44 posting double-digit growth – the highest since before the global financial crisis. A further four firms (Macfarlanes, TLT, Weightmans and Birketts) increased revenue despite a truncated year due to the Government’s basis period reforms. And if we take the five-year […]
DAC Beachcroft launches in Hong Kong
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’s new leadership set to overhaul partner rewards system
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 […]
Global Top 30: California and APAC
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.
UK Corporate 50 2024
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
3VB AND TWENTY ESSEX: HOT ON THE HEELS OF THE MAGIC CIRCLE
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
The European 100’s newest managing partners
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
Litigation Tracker: Q2 2024 (Claims)
This dashboard: contains an overview of the claims at a selection of courts in the UK. allows you to compare activity at the courts in Q2 2024 against Q2 2023.
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Equity partnerships are shrinking
Major firms are redefining what it means to be a full equity partner
Rejoice, for the Brits are back
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 […]
US firms have pushed NQ salaries to boiling point
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 needs a radical streak
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. […]
Pinsent Masons and Mills & Reeve are cornering the university market
The Higher Education sector is in big trouble. As we reported last month, universities are struggling to fill places on their undergraduate courses – not least for law degrees. Many are in financial distress. Tuition fees for home students have been capped at £9,250 since 2017 and are falling well behind what is profitable, but […]
Freshfields to ditch Bruckhaus Deringer name and iconic logo
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 […]
Addleshaws hikes City NQ pay to £100,000
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 […]
Harrods hires Simkins as Mohamed Al Fayed scandal intensifies
Harrods has hired Simkins to represent it in media matters, as allegations involving the store’s late boss Mohamed Al Fayed continue to dominate the headlines. Last week, a wide-ranging BBC documentary was released, Al Fayed: Predator at Harrods, in which more than 20 former female employees alleged the billionaire of the luxury London department store […]
“It’s an unlimited intern”: How Mishcon pitched its £10,000 AI tool to staff
Having launched its internal generative AI tool last year, Mishcon de Reya is giving staff more specific training on how to make the most of its £10,000 tech product. The firm, which has over 1,400 staff, including more than 600 qualified lawyers, launched “deReyAI” in October 2023 and says that over 1,000 of its employees […]
Gateley chief slams absentee shareholders as virtual AGM row escalates
Gateley’s chairman Nigel Payne has slammed the firm’s shareholders for not voting to allow virtual annual general meetings (AGMs) to take place. In a statement published on the London Stock Exchange, following the AGM that was held today at 12.30pm, Payne noted his disappointment and frustration that the board’s proposal to allow virtual AGMs was […]