Financial year-end: GCs baulk at rising legal bills – The Lawyer

While the gender debate rages on between family and friends, on social media and now in the workplace, a growing number of women have been fighting their employers tooth-and-nail over the right to hold gender-critical beliefs without being subject to workplace discrimination.   In 2021, the Employment Appeal Tribunal ruled that think-tank researcher Maya Forstater […]
Today, The Lawyer unveils its Hot 100 2023, celebrating the successes of those working within the industry over the past 12 months. Featuring the crème de la crème of the legal world, The Lawyer Hot 100 highlights this year’s dealmakers, the litigators who are riding high after trial glory and the most sought-after names in the world of competition, […]
All the latest from the 2023 retention rounds. For our 2022 live blog go here
Boies Schiller is giving UK associates the option of either partner-style “formula compensation” or standard salaries to recruit and retain new talent, The Lawyer can reveal. Each City associate at Boies Schiller can now choose whether to receive a standard market competitive annual bonus or instead be paid a percentage of the number hours they […]
Rates are going up… but who does that benefit?
Shearman & Sterling has taken another hit in the City, with a member of its leveraged finance team set to leave the firm. Rahul Chatterji has spent nearly two years at the firm. He previously spent more than two years at Milbank as a special counsel and spent nearly 11 years at Allen & Overy. […]
Tune in for the the latest episode of The Lawyer Podcast, hosted by editor Catrin Griffiths and litigation editor Christian Smith. In the latest episode, we speak to a law firm leader about their partnership with Scottish ballet, while international editor Alex Taylor joins to discuss his recent trip to Norway. Finally, there’s a success […]
Linklaters has promoted another bumper round of lawyers to partner, including 16 in its City office. The 41-strong global round matches the number of new partners in 2022. There was one less promotion in London compared to last year when 17 were made up. Corporate is the major beneficiary of London promotions this year, with […]
Latham & Watkins has bolstered its antitrust and competition practice by hiring a partner from Linklaters. Simon Pritchard makes the move, having spent more than 10 years at the magic circle firm. Before that, he was a partner in Allen & Overy’s antitrust practice. Pritchard has also served as the UK’s first senior director for […]
Investment manager M&G has hired a new general counsel ahead of the departure of longstanding head Alan Porter. Charlotte Heiss is joining M&G as its new general counsel and company secretary, as Porter prepares to leave after ten years in the role. Heiss joins from the Very Group, where she has been group general counsel […]
This report includes: an overview of HMRC’s basis period reform and the new rules for the transition year the impact of this change on firms and their equity partners analysis of the extent to which a consensus has been reached on the most effective ways of preparing for the new rules.
This report contains: a stratification of the 26 UK Top 100 firms, plus three key Independents, present in Leeds a breakdown of headcount and growth data for all 29 firms commentary of the key challenges and opportunities for firms in the city
This report contains:  ranking of the Nordic 50 firms on a headcount basis  analysis of the four jurisdictions in the region   gender diversity at firms in the Nordic region in focus. 
This report contains An overview of cases heard at the courts in Dubai, Singapore and Hong Kong Jurisdiction specific profiles
This report contains: an overview of Eversheds Sutherland’s litigation practice in the UK analysis of financial performance and headcount metrics a detailed look at the firm’s national approach a breakdown of the firm’s four core disputes practices.
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There is a beautiful sort of symmetry that can be found in Slaughter and May’s investment cycle. Either someone in Bunhill Row has done the maths, or by now it just comes naturally. A strict eye on partner headcount, coupled with a very, very slow revolving door, means that growth in each practice area mirrors […]
According to a recent study by Irwin Mitchell, Exeter is projected to be the UK’s fastest growth city in the next few years. It’s rather a shame for Irwin Mitchell that the closest it gets to Devon is an office in Bristol, but there are other firms that are champing at the bit. With little […]
Wondering why your divorce instructions have dried up? Stowe’s arrived in town
Alas, poor Shearman. The news hasn’t been kind of late. However, the preliminary M&A rankings for 2023 will make for happy reading at the firm. According to data provided by the London Stock Exchange, the firm has so far worked on 36 public M&A transactions globally, valued at $31.3bn. That makes it the sixth most […]
If the UK wants to get serious on white-collar crime, it needs to spend more
Stalling margins could break the defendant insurance market
Firms including Clifford Chance, Hill Dickinson and Shoosmiths have secured spots on The Co-operative Bank’s legal panel. Clifford Chance is the only magic circle firm on the 10-strong list. It is joined by transatlantic, global firms such as DLA Piper, Eversheds Sutherland, Hogan Lovells and White & Case. Firms with more of a UK focus […]
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. The level of cash at Linklaters has fallen by 50 per cent over the past three years, more than any […]
Shoosmiths has been on call for retailer Cath Kidston, following its acquisition out of administration by Next. The firm worked with Cath Kidston’s administrators at PwC in the sale, with restructuring head James Keates at the helm alongside London partner Lee Sennett. Other members of the team included Birmingham-based principal associate Charlotte Broster, senior associate […]
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. Law firms are gearing up for the impact of an HM Revenue & Customs-led change to the way equity partners […]
Three firms have been selected to work on chipmaker Arm’s highly anticipated IPO, The Lawyer can reveal. A team from Morrison & Foerster will be working on the issuing side in the US, with Slaughter and May allocated to the UK component. Davis Polk & Wardwell has landed the mandate on the underwriting side for the […]
The Bar Standards Board (BSB) is in the process of deciding whether disciplinary action should be taken against a group of barristers who have signalled their intention to disobey the cab-rank rule. Last week, a group called Lawyers Are Responsible issued a declaration that focused on the need for faster and stronger action for the […]
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