Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2021.
Kirkland and Latham top the US 50 law firms in London table in 2021.
The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
Norton Rose Fulbright, which has an extensive Russian client list, has issued a firmwide ban preventing lawyers from commenting on sanctions implemented against Russia as its war with Ukraine escalates.
A group of trainees and associates brimming with innovative tech ideas is being given the opportunity to take the reins, collaborate with partners and revolutionise how firms work
Kirkland and Latham top the US 50 law firms in London table in 2021.
The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
Norton Rose Fulbright, which has an extensive Russian client list, has issued a firmwide ban preventing lawyers from commenting on sanctions implemented against Russia as its war with Ukraine escalates.
A group of trainees and associates brimming with innovative tech ideas is being given the opportunity to take the reins, collaborate with partners and revolutionise how firms work
Six weeks ago, I stood in the shower, watching the water drain at my feet, wondering what it would mean if being a lawyer wasn’t for me. A training contract is so often sold as the golden ticket, and somehow four years ago, I had managed to get my hands on it. A solid, covetable […]
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 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. […]
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 […]
Associate retention is one of the biggest bugbears for law firm leaders, as competitive salaries and the promise of greater opportunities lure rising stars away. Added to this, a firm’s biggest cost is its people, but that didn’t stop Freshfields last year pledging to up its trainee intake from 90 to 100 from 2025. Should […]
Of the UK Top 50 firms, just 16 have no overseas offices, and of the remaining 34, more than half (19) were bigger outside the UK last year. Internationalisation is a hallmark of a Top 50 firm, but for many it is the UK that keeps the investment pipelines pumped. For firms with international offices, […]
Paul Weiss Rifkind Wharton & Garrison is acting for General Atlantic on its bid to acquire 100 per cent of French software company Esker. The Paul Weiss team is led by partners William Aitken-Davies and Dan Schuster-Woldan and associate Richard Bach. They were supported by French firm Bredin Prat. Aitken-Davies and Schuster-Woldan are recent joiners […]
Paul Weiss Rifkind Wharton & Garrison has unveiled a number of perks for aspiring solicitors in its inaugural internship programme, including half of their pay upfront and money for work attire. Paul Weiss has launched its bi-annual two-week work experience scheme, which will be based in its Soho office commencing next year. A total of […]
In a blow to Noughties trophy office design, Slaughter and May is to remove its iconic water feature from its London HQ reception. The Lawyer first reported last year that the fate of Slaughters’ water feature hung in the balance amid refurbishment works set to take place across the building. This followed its decision to […]
Last week, A&O Shearman set out post-merger plans to close its legacy Allen & Overy base in Johannesburg, reduce its partnership by 10 per cent by the end of the financial year, and sell its consultancy business Consulting by A&O Shearman. So, is this a sign of things already going wrong, or is this all […]
As Hogan Lovells prepares to close three of its global offices, figures obtained by The Lawyer show that profits generated by the affected Warsaw base halved in 2023. Earlier this month, the firm announced it would close offices in Johannesburg, Sydney and Warsaw. The firm’s Warsaw office is the larger of the three, home to […]
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