Philip Vaughton handed a fraudster client a briefcase stuffed with £268,000 in cash from his own bank account. The tribunal heard that in 1990 Vaughton, then a partner at Northampton-based Howes Percival, was handling the sale of property developer RHDL’s newly-converted block of flats in Cleveland. But, unknown to Vaughton, the fraudster, “Mr F”, a […]
More companies taking a listing on the UK Stock Market offered shares to their entire workforce last year than ever before, according to Paisner & Co’s annual survey Employee Participation in Flotations. Paisner employment partner David Cohen said that in the 10 years he had been conducting the survey, the proportion of floating companies offering […]
Auditors are calling for an independent advisory panel to be set up to coordinate the public bodies involved in the investigation and prosecution of fraud and to review the laws and regulations pertaining to it. The audit faculty of the Institute of Chartered Accountants issued a paper proposing the formation of the panel last week […]
A former junior clerk at 2 Grays Inn Square chambers has accused the set of firing him after he complained that he was receiving less pay than he was originally promised. But the set insists Kennedy Chulu was dismissed because he was incompetent, not because of the salary dispute. When Chulu was taken on by […]
The head of legal at Crane talks life at a VC firm, working on AI deals, and what he sees in VC’s future
Weil Gotshal & Manges has hired a new partner for its funds group, who previously held roles at Cleary Gottlieb Steen & Hamilton and Kirkland & Ellis. Sophie Smith joins Weil as a partner, having been at Cleary for nearly three years as a counsel. Prior to Cleary, she worked at Kirkland for five years, […]
DLA Piper’s global co-CEO elect Charles Severs is set to begin his term two months earlier than planned. The new date will see Severs begin his term in November, replacing the outgoing Simon Levine who has been in the firm’s top job for a decade. Corporate partner Severs joined DLA in 2003, having spent the […]
The UK’s top 20 firms logged the equivalent of 2,407 more trips around the world in 2023 than they did in 2022, as business travel surged post-pandemic. According to Companies House data, these firms in 2022 collectively emitted 25,766 tCO2e from business travel – the equivalent of driving 65.9 million miles in a typical petrol-powered […]
The highly anticipated Russian aircraft trial has got underway, as aircraft lessors and their insurers battle over who should pay for planes stranded in Russia following the invasion of Ukraine. Brick Court’s Mark Howard KC began the proceedings yesterday (2 October) with an opening statement focused on the “clear and simple language” of the “operator […]
This report contains: The Lawyer’s City 50 ranking 2024 insight into how UK firms, particularly the magic circle are gearing up for growth an overview of the lateral hiring market, highlighting the demand for individuals and teams analysis of lawyer distribution across core practice areas to reveal key areas for firm growth and potential opportunities
This report contains: The Top 100 of The Lawyer’s UK 200 rankings overview of the financial and structural growth of these firms, including insight into key market developments over the past financial year interactive firm-specific profiles (rebranded as The Lawyer says)
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
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Despite Leeds and Manchester being home to half of the UK Top 50 firms and together forming the largest legal hub outside London by far, a lingering snobbery persists around the quality of northern lawyers. Why? Sources say junior lawyers in the North aren’t exposed to the same level of training and high-calibre work as […]
First, there was the Brabners Bog, and now Mills & Reeve – or should we say Reeds? – has got itself a wetland. It has partnered up with longstanding client Albanwise Environment on a nature recovery project in west Norfolk. Home to threatened species including otters, dragonflies and wildfowl, the Stoke Ferry wetland is positioned […]
Once, let’s say around two decades ago, the most eye-catching lateral hires stories were all about US firms raiding the Brits in the latter’s back yard. Then, thanks to the sheer scale of the investment of US firms in London and the growth of this City market, came US-on-US moves. Now, the top UK firms […]
The skip outside the now-defunct 9 Stone Buildings is a forlorn remnant of a 130-year history. But it’s a gift of a metaphor. Anyone following the shape of legal services will be increasingly aware that chambers’ challenges mimic those of law firms. For 9 Stone Buildings’ fate is the amplification of a trend that is sweeping […]
As Freshfields goes for a more American look, Paul Weiss is appealing to aspiring UK lawyers with a £250 grant to buy smart attire. Unveiling a generous vacation scheme package, the US firm has also hit top of the market rates with an £180,000 NQ salary. That figure will likely be even higher once its […]
The head of legal at Crane talks life at a VC firm, working on AI deals, and what he sees in VC’s future
Weil Gotshal & Manges has hired a new partner for its funds group, who previously held roles at Cleary Gottlieb Steen & Hamilton and Kirkland & Ellis. Sophie Smith joins Weil as a partner, having been at Cleary for nearly three years as a counsel. Prior to Cleary, she worked at Kirkland for five years, […]
DLA Piper’s global co-CEO elect Charles Severs is set to begin his term two months earlier than planned. The new date will see Severs begin his term in November, replacing the outgoing Simon Levine who has been in the firm’s top job for a decade. Corporate partner Severs joined DLA in 2003, having spent the […]
The UK’s top 20 firms logged the equivalent of 2,407 more trips around the world in 2023 than they did in 2022, as business travel surged post-pandemic. According to Companies House data, these firms in 2022 collectively emitted 25,766 tCO2e from business travel – the equivalent of driving 65.9 million miles in a typical petrol-powered […]
The highly anticipated Russian aircraft trial has got underway, as aircraft lessors and their insurers battle over who should pay for planes stranded in Russia following the invasion of Ukraine. Brick Court’s Mark Howard KC began the proceedings yesterday (2 October) with an opening statement focused on the “clear and simple language” of the “operator […]