Law Against Loneliness: 7 April
Still the legal sector’s premier source of pet-related content.
Still the legal sector’s premier source of pet-related content.
Before the outbreak of coronavirus, one of the biggest questions for law firm leaders was – how can we make our business more sustainable? With just a few decades to go before the climate crisis becomes irreversible, these are the long-term investments firms are making.
Going from a 45-minute commute from Beckenham to no commute at all has its benefits for Bird & Bird trainee Alex Kelly – who has started his second seat in the real estate team after completing his first in commercial. Rather than sitting on a packed train in the morning, Kelly now wakes up, does […]
The risks to legal services posed by the spread of Covid 19 were highlighted last week when international law firm Baker McKenzie closed its London office after a staff member was thought to have been at risk of contracting the new coronavirus. Many office-based lawyers have been able to work from home, but how will an impending pandemic affect the conduct of litigation?
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 […]
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 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 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 […]
Weightmans is handing out £3,000 bonuses to all of its staff to celebrate a record year in which revenue grew by 12 per cent. The firm changed its financial year-end from 30 April to 31 March this year, posting revenue of just over £140m for the 12-month period. This equated to a 12 per cent […]
This report contains: an analysis of the reality of Cleary Gottlieb’s growth trajectory in London since 2014 an overview of challenges faced by the top global firms which are pursuing similar growth strategies a discussion on Cleary’s distinctive practice area mix, highlighting its substantial focus on antitrust cases.
This report contains: ranking of the Nordic 50 firms on a headcount basis headcount analysis of the largest firms split into three groups financial and market analysis of the four jurisdictions in the region firm specific data profiles
This report includes: a breakdown of the eight firms shortlisted for the Litigation Team of the Year at The Lawyer Awards 2024 an overview of the case they have been nominated for an analysis of the firms’ larger litigation team
This report includes: a regional efficiency map for firms ranked 101-200 (The Independents) insight into the impact of geographic location on efficiency, highlighting regional disparities, drivers of success, and areas for improvement.
This report contains: financial performance of the largest US firms in London analysis of five standout firms that achieved significant revenue growth, detailing key factors behind their success individual firm profiles highlighting financial performance, growth strategies and client base and matters
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Search vacanciesIn 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 […]
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 […]
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 […]
$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. […]
Power is largely siloed. When we look at the top 25 firms in The Lawyer’s UK200, partners drawn from the practices most identifiable with the firm’s culture almost always end up in the managing partner spot. There are two exceptions in Slaughters’ Deborah Finkler (disputes) and Pinsents’ Laura Cameron (health/safety), but firms have largely stuck […]
Herbert Smith Freehills has increased its compensation package for its trainee solicitors and newly-qualified (NQ) solicitors, with NQs now earning £135,000. NQ pay at the firm will increase 12.5 per cent from £120,000 to £135,000 – a figure that now surpasses that of Slaughter and May which decided to remain at £125,000 in June. Trainees […]
Paul Weiss Rifkind Wharton & Garrison is to match its US rivals on newly-qualified (NQ) solicitor pay, with a pledge to start taking on trainee solicitors in London. The firm is expected to have its first cohort of trainee solicitors start in London in September 2026. Trainee pay is currently undisclosed but the firm will […]
Skadden Arps Slate Meagher & Flom took the lead role for BlackRock on its acquisition of private markets data solutions provider Preqin for £2.55bn. The deal sees BlackRock acquire Preqin to expand Aladdin, the private equity giant’s portfolio management software. The deal will bring Preqin’s data and research tools together with Aladdin’s workflow capabilities to […]
Scottish firm Burness Paull has posted a 28 per cent drop in revenue from £83.2m to £60.1m, following a change in its financial year-end that cut four months from its trading period. The year-end change at Burness Paull, prompted by HMRC’s basis period reforms, is one of the most significant among UK 200 firms. Unlike […]
Latham & Watkins is preparing to turbocharge the amount it can pay its highest revenue-generating partners, with a vote on the introduction of super points expected over the summer. The key change would be the introduction of a new 1,600-unit tier for star performers who not only generate significant fee income, thought to be at […]
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