Comment: A star signing is one thing but who needs a lateral?

Comment: A star signing is one thing but who needs a lateral?

The worlds of business, politics and sport have since the 1970s fallen increasingly under the spell of the star individual and law has been anything but an exception. As partnership mitigates the heaviest excesses of the winner-takes-all compensation cultures seen in banking, sports and plc management, in law the star culture has manifested to a …

Online controversy alert: Hardwicke disowns article by own barrister after attack on Yewtree sex investigation

Since the rise of social media gave professional lawyers a fast-expanding number of outlets in which to publish their views, there has been a protracted (and often turgid) debate on the liabilities and brand risk for law firms and chambers regarding the statements made by their lawyers. But this has appeared to be largely about …

Old normal update – Linklaters outpaces Slaughters to hike starting associate pay by £2,500

Old normal update – Linklaters outpaces Slaughters to hike starting associate pay by £2,500

A further reminder comes this week that despite much talk of the pressure on the legal market (see Comment: Things I would have said about the future of law if I hadn’t forgotten my notes), leading City players continue to be highly profitable with Linklaters announcing on Tuesday (7 May) that it is raising its …

Comment: Things I would have said about the future of law if I hadn’t forgotten my notes

I was recently asked to speak on a panel debate for Georgetown Law at Freshfields Bruckhaus Deringer’s City office to discuss the big issues facing the profession. As the panel’s host, Freshfields managing partner Ted Burke, sent the speakers some outline topics and questions beforehand, I sketched out some points to help order my thoughts.

‘The pace has been relentless’ – the man who led the SRA through its birth has had enough

Antony Townsend, the man who led the Solicitors Regulation Authority (SRA) through its controversy-strewn separation from the Law Society, has today (2 May) confirmed that he is to leave the body. Chief executive Townsend announced that he is stepping down later this year once a successor has been appointed. He commented: ‘I have headed up …

It’s your profession – accept it, change it but be honest

It’s your profession – accept it, change it but be honest

There are plenty of editors who live on the conference circuit but I’ve never been one of them. Still, I did accept a spot on a recent Georgetown panel discussion hosted at Freshfields Bruckhaus Deringer’s London office to talk about the wider issues facing the profession. You know the kind of stuff: recession, diversity, Google …

The beta goes on – Legal Business gets a brand new site

Of the long list of changes I had in mind for Legal Business when I agreed to join the title as editor in chief, perhaps the biggest was a root-and-branch overhaul of the magazine’s online presence. In beta form, at least, you are looking at our first major step in achieving that aim with the …

Comment: Slaughters bumps up lawyer pay but associate lockstep’s days are numbered

Comment: Slaughters bumps up lawyer pay but associate lockstep’s days are numbered

Slaughter and May today (30 April) became the first major City law firm to announce a review of its associate pay bands – triggering minor rises in the underlying rates its lawyers earn from trainee level to three years post-qualification. Newly-qualified see salaries rise from £61,500 to £63,000; one year PQE pay rises £500 to …

Converging in on an end game for Global London

Converging in on an end game for Global London

Remember convergence? In the 1990s’ tech boom the concept was all the rage. It was the simple idea that rapidly-advancing communications would see once-discrete platforms and information systems like TV, the printed word and telephones merge and dynamically share data in an economically seismic fashion. What happened next says a lot about human nature, business …

Love the legacy but it’s time for renewal

Love the legacy but it’s time for renewal

Tony Angel and the cute teddy bear next to him greeted me as I found my new desk – a Legal Business cover from 2003 and a personal favourite, a brilliant dissection of Linklaters’ painful reinvention as metric-driven world-beater. I soon dug out other classics, including the 2009 Icarus-themed investigation into pre-collapse Halliwells and the …