Could it be your year? Nominations are now open for the most prestigious showcase of talent in the industry, the Legal Business Awards 2023. The event will take place on Tuesday 19 September 2023 at The Grosvenor House Hotel, Park Lane, London. You have until 10 March to provide submissions in any of the categories …
Continue reading “Time to shine – top tips for standout Legal Business Awards 2023 submissions”
In Legal Business’ Global 100 report last year, firms obliterated gloomy predictions to post overwhelmingly positive results, defying fears of the worst economic crisis for more than a decade laying just around the corner. Across key metrics, the global elite had plenty of reasons to be positive in 2020/21. Gross revenue was up 7% to …
The contrast between the Global 100 reports in 2012 and 2022 is startling: in 2012 the global elite was feeling the pinch with transactional markets stagnant in the wake of the global financial crisis a few years before. For the 63 firms that appeared in both years’ reports – unchanged by significant merger activity between …
Continue reading “Global 100: Ten-year view – Playing the long game”
Shoosmiths, Travers Smith and Coca-Cola Europacific Partners were among the major winners at the 2022 Legal Business Awards, which welcomed more than 800 guests to the Grosvenor House hotel last night (27 September). Hosted by distinguished BBC presenter, news anchor and journalist Louise Minchin, the evening saw Shoosmiths crowned Law Firm of the Year, with …
Boodle Hatfield is 300 years old this year. Weʼve had a number of events celebrating this milestone, all leading up to a big party for everyone at the firm, which weʼre all looking forward to! The legacy of the firm is as a trusted adviser to private clients, starting out as a sort of in-house …
If the risk management team could be described as a law firm’s conscience, then it follows that the past two years have pricked that conscience to new heights. Of course, Covid-19 has changed the way everyone does business forever and firms are scrambling to align themselves with a new corporate culture that clients are espousing …
Continue reading “Risk management and professional indemnity survey 2022: Do the right thing”
When we first launched our Euro Elite report in 2016, much of the narrative was that the future of the elite European independent firms as a breed looked assured but individually they faced challenging headwinds and delicate balancing acts to modernise their businesses for a more globalised and networked world. But we were perhaps being …
In what should be difficult times, our annual Euro Elite survey finds the 100 leading firms across more than 40 jurisdictions largely in great shape and looking forward to 2022 – with clearly no room for doom and gloom. The European Commission’s Winter 2022 Economic Forecast projects that, following a notable expansion by 5.3% in …
In Legal Business’ last Global 100 issue, as firms enjoyed financial years almost entirely untainted by the economic chaos wrought by Covid-19, we said the strain would start to show in this year’s report. It meant last year’s results were all the more important, as they would be the platform upon which Global 100 firms …
The words of BT Legal’s Leeanne Whaley, in ‘Held to account’, particularly stand out in this issue: ‘We spend a lot of money with external law firms. It historically suited law firms to not be transparent, but outside of big-ticket M&A and litigation, the job of a commercial lawyer is more replicable than ever.’ That …
Continue reading “Take a good long look in the mirror before espousing change seriously”
