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Here’s every lawyer in the UK you can vote for tomorrow
Tomorrow, the country speaks. Let the chips fall where they may. Whatever your party affiliation, you have lawyers to vote for in this election – in fact, we’ve found no fewer than 193 of them standing. In a quartet of seats (Birmingham Ladywood, Finchley & Golders Green, Newark and Tottenham) voters even have a choice […]
This isn’t a job for your HR team
In the last 12 months, the top 100 law firms in the UK have spent literally millions on lateral hires, bringing in a total of 12,177 new partners. Such hope. So many dreams. How many of them will actually work out? If you’re assessing return on investment then the usual response is to look at […]
White & Case has escaped the oil activists’ wrath – for now
Last week was a whirlwind for climate change awareness. London hosted its annual Climate Change Week, the Grantham Research Institute unveiled a startling report on the surge in climate litigation, and BHP, the world’s largest mining giant, lost a High Court case, allowing 33,000 Mariana dam disaster victims to proceed with their claims. Meanwhile, the […]
These US firms aren’t making enough money in London
To be in the global law market requires a strong City presence, of that there can be no doubt. The Lawyer’s US 50 report underscores just how vital London is; the multimillion-pound investments being made by US titans shows that growing in the City is not only advantageous, but essential. And yet. You might be surprised […]
The $20m lawyers have arrived
$20m partners are rare, but they are multiplying. Paul Weiss, Kirkland, Davis Polk, Weil Gotshal and latterly Latham are reshaping their partner compensation for the big figure, stretched upwards from the $9m that Paul Weiss paid for Scott Barshay in 2016. As The Lawyer reported yesterday, even Cleary – Cleary! – is now considering it. […]
Clifford Chance’s Newcastle boss exits firm
The head of Clifford Chance’s office in Newcastle has left the firm after six years in charge. Lucy Nixon left the firm last week. She joined in 2018 when Clifford Chance acquired Carillion Advice Services, the paralegal and managed legal services arm of the contractor. Nixon joined Carillion in October 2007 as an operations manager, […]
BDB Pitmans leads canal company to victory in landmark sewage ruling
The Supreme Court handed down a landmark ruling today, overturning decisions by the High Court and Court of Appeal to grant waterway owners the right to bring legal action against polluters for nuisance and trespass. This case, one of The Lawyer’s top 10 appeals of 2023, has been progressing since 2010 and has taken over […]
Financials 2023/24: Half of Kennedys’ revenue generated outside UK for first time
Revenue at Kennedys increased 17 per cent during the 2023/24 financial year, with non-UK revenue contributing 50 per cent towards the firm’s top-line for the first time. Kennedys generated £384m in revenue, up from the £328m it generated in 2022/23. This marks the second consecutive year of double-digit growth for Kennedys, with the firm achieving […]
Danish firm cuts roles amid real estate downturn
Danish big five firm Accura has made a handful of redundancies in its real estate team, citing sustained macroeconomic pressures that have supressed deal flow. The firm declined to specify how many lawyers in its team had left the firm, instead calling the move a “minor adjustment of the real estate organisation to the current […]
Osborne Clarke dishes out 5 per cent bonus in the UK
Osborne Clarke has awarded its UK staff and lawyers a 5 per cent profit share bonus following a record financial year. It has been a strong year for Osborne Clarke with UK revenue up 11 per cent from £217.3m to £240.5m. International revenue, meanwhile, was up 19 per cent from €442m to €525m. An increased […]