H1 2015/16: ‘Plenty more to be done’ – DAC Beachcroft posts modest 2% revenue rise Legal Business National firm DAC Beachcroft has unveiled a 2% rise in 2015/16 half year revenues to £100.8m, while overall net debt…
‘Irrelevant word-smithing’: Leading law firms to pay millions for apprenticeships payroll tax Legal Business Preliminary Law Society figures estimate more than 250 firms will be hit by the 0.5% payroll tax to supplement apprenticeships…
Property panel: Hogan Lovells, Wragges and CMS Cameron McKenna take places on M&G Real Estate roster Legal Business Prudential investment arm M&G Real Estate has finalised its external legal panel with places going to Hogan Lovells, Wragge Lawrence…
US partner promotions: Sidley Austin makes up just one in London in reduced round Legal Business Sidley Austin is the latest US firm to announce its partnership promotions, electing 24 new partners, but making up just…
Comment: UK’s fintech boom is set to dazzle but advisers are still struggling to respond Legal Business Unless you have been too busy reconciling your cheque book stubs against your monthly paper bank statements, you may have…
Christmas comes early for Slaughter and May associates with biggest bonuses yet Legal Business Magic Circle firm Slaughter and May has followed up steep rises in salary earlier this year with bumper bonuses as…
Guest post: The strange, slow death of the criminal courts charge Legal Business The criminal courts charge is, or was, one of the less well thought-through criminal justice reforms of recent years. Since…
Taking off: easyJet legal chief Winterton to depart for taxi app company Legal Business After nearly a decade in the role easyJet’s longstanding head of legal and compliance, Andrew Winterton, is leaving to join…
US bonus season: Skadden ups the ante with bonus as Simpson Thacher, Paul Weiss and others match Cravath associate pay Legal Business Wall Street’s top firms have announced their bonuses for associates, with many matching the levels of Cravath, Swaine & Moore,…
US partner promotions: Quinn Emanuel makes up one in London in global round of nine Kathryn McCann Quinn Emanuel Urquhart & Sullivan has promoted one partner in the City in a global promotions round which saw the…
Privilege under threat: Legal lobby raises alarm over Snooper’s charter Kathryn McCann Both The Law Society and The Bar Council have called for legal professional privilege (LPP) to receive statutory protection in…
Comment: NRF’s Martyr – ‘Society craves balance but the profession drives our people in a different direction’ Legal Business Our profession is facing a growing tension between the drive for profit – the resurgent guiding principle of the 2000s…
DLA Piper pushes finance credentials with senior hires from Slaughters and Baker Mac Legal Business DLA Piper has made a major finance play in the City with the hire of former Slaughter and May partner…
Weapons down: CC settles high profile Excalibur negligence case Legal Business Avoiding the prospect of a costly and public trial, Clifford Chance (CC) has settled a professional negligence claim against it…
Kennedys obtains Scandinavia cover with Danish merger and Norway and Sweden alliances Legal Business After spending most of 2015 launching new offices and forming international alliances, Kennedys has announced one merger and two formal…
International hires: Hogan Lovells brings in key Hong Kong arbitration lateral as Mayer Brown expands German practice Legal Business Hogan Lovells and Mayer Brown have announced significant international recruitment today (9 December). Hogan Lovells has improved its disputes practice…
Comment: Big picture, big mess – familiar turf wars as the legal education debate drags on Legal Business Legal education reform. First principles. Root and branch. It was ever thus. Attending the Westminster Legal Policy Forum (WLPF) seminar…
Comment: The moment of truth arises – will the profession stand up to Gove? Legal Business In business as in life, if you want respect you have to start by expecting it and not putting up…
Market reaction: jury still out on Irwin Mitchell’s £40m takeover of Thomas Eggar Kathryn McCann In a move that demonstrates consolidation is still very much on trend for national law firms, Irwin Mitchell’s continuation of…
Dewey trial: prosecutor offers guilty deals to three defendants as Davis’ lawyers continue to negotiate Legal Business US prosecutors have told a New York judge of new guilty plea deals offered to three senior Dewey & LeBoeuf…