Taylor Wessing has posted a 6.4 per cent rise in total turnover along with a 21 per cent increase in average profit per equity partner (PEP) for the 2013/14 financial year. Total firm-wide turnover reached £241.2m last year while its UK-only PEP hit £657,000, compared to £228m and £544,000 the year before (29 May 2013). The […]
Lloyds Banking Group panel firms are gearing up for the second panel review in a year as the banks own-account roster goes up for grabs. The bank is set to kick off its review for coveted own-account work in the next two months in time for an October deadline, when the current roster expires. Current […]
RPC’s partnership has elected commercial litigation partner Rupert Boswall as its new senior partner with immediate effect. Boswall, who joined RPC in 1991 as a newly-qualified lawyer, has been a partner in the firm’s London office for almost 20 years. He succeeds Robert Hogarth, who stepped down from his non-executive chairman role after six years […]
Baker Botts has returned to advise Russian state-owned energy giant Rosneft after adding former a former Linklaters lawyer and Rosneft contact to its team. Slaughter and May advised North Atlantic Drilling Ltd (NADL) and Seadrill Ltd on its agreement with Rosneft to break into the Russian drilling market. In recent years the energy company has […]
The In-House Attitudes Report is the only comprehensive study of how the in-house legal function is adapting and evolving as a result of sustained economic and regulatory change, providing you with key insight into how in-house counsel view the challenges and opportunities they face. The report includes contributions from nearly 900 in-house lawyers, who earlier this year […]
Poor work-life balance, long hours and lack of support from management are causing unprecedented amounts of stress in the legal profession, a Lawyer 2B survey has found. The finding that many young lawyers are buckling under current stress levels comes despite firms’ efforts to introduce programmes to improve the mental health and wellbeing of their […]
US firms in London are far less encouraging of work-life balance than their UK peers, according to respondents of Lawyer 2B’s survey of stress in law survey. The survey found that some 70 per cent of lawyers working at US firms in London thought their firm’s senior management “didn’t really” encourage employees to maintain a work-life balance, […]
The majority of law firms have no stress management initiatives in place, a survey conducted by The Lawyer’s sister magazine Lawyer 2B has revealed. Over half – 55 per cent – of all respondents to the Stress in Law survey said their firm had no stress management initiatives at all. Just 17 per cent of the […]
In October 2012 Deloitte unveiled a sculpture of a black dog in its offices. It was a sign the firm had decided to tackle the issue of workplace mental health seriously, particularly depression. Law firms are a bit behind the curve, but hopefully not for long. The City Mental Health Alliance (CMHA) is a group […]
Three magic circle firms bring warm glow to junior ranks by ending salary freeze Summer may be taking a while to arrive, but salary global warming is well under way in the magic circle. After several years of freeze, associates are basking in the warm glow of a boosted pay packet. Many firms are yet […]
Addleshaws team must be a tempter for DWF Some critical outsiders saw DWF’s acquisitive growth plan as flawed. Yet the proof of the pudding, as they say, is in the eating. Since 2008/09 the firm has grown revenues from £60m to an expected £200m at the 2013/14 year-end – a whopping 233 per cent uplift. […]
Move of the week Nadia Banno has left the BBC, where she was head of litigation, to join Baker & McKenzie’s disputes team. She will join the London office, with which she worked closely in her former role UK London Philomena Price has been recruited by Spratt Endicott as partner. She was formerly a senior […]