Practice areas

Mounting pressure from clients to slash fees is the greatest risk to law firm profitability, more than half of UK practices have told researches in a survey published yesterday. | 14yrs

Critics have lambasted Scottish legal aid as being 'out of control' after lawyers in the jurisdiction collected £161 million public fees in 2010. | 14yrs

Autumn has begun with a bang for several major US law firms, as they face high-profile litigation in courtrooms across the country. | 14yrs

London-based magic circle firm Allen & Overy and Indian practice Trilegal have parted ways, declaring the 'lack of progress' in the liberalisation of the local legal market as causing the split. | 14yrs

Expenses have risen faster than revenues over the last five years, according to a survey of the UK's top firms, supporting similarly disappointing figures from their US counterparts released last month. | 14yrs

The UK's top 100 law firms have experienced their slowest quarterly income growth for nearly two years, according to a recent survey by professional services consultancy Deloitte. | 14yrs

Dealers who manipulate the Libor interest rate should face criminal charges and prison, according to report authored by a senior regulator at the UK's top financial watchdog. | 14yrs

English barristers are to be allowed to handle client funds for the first time, following a landmark policy change by the profession's representative body. | 14yrs

Union officials representing US football players are considering legal action over health and safety on the pitch following a the end of strike action that saw inexperienced officials controversially take control of NFL matches. | 14yrs

Capital markets regulators in Saudi Arabia have fired a warning shot at institutions undertaking securities business in the country despite not being authorised or exempt. | 14yrs

Addleshaw Goddard is set to challenge magic circle firm Freshfields Bruckhaus Deringer over a £5 million bill for the defence of Russian mining tycoon Vasily Anisimov, stemming from the dispute between oligarchs Boris Berezovsky and Roman Abramovich. | 14yrs

A former client has accused Anglo-US law firm SNR Denton of a serious filing slip up, potentially making the firm liable for a $7 million mortgage-backed securities deal that turned sour. | 14yrs

Almost all law students who spent their summers working at major US firms were rewarded with offers of full-time employment, recent research has found. | 14yrs

Newly-qualified lawyers in Canada are being encouraged to beef up their aboriginal law knowledge following a dictat from legal profession regulators. | 14yrs

Federal regulators have given in-house lawyers at Illinois-based Discover Financial Services 60 days to overhaul the company's compliance regime following a finding that it used deceptive telemarketing and sales practices. | 14yrs

The vast majority of Australian law firms employ head-hunters as the primary method for senior level recruitment, a survey revealed today. | 14yrs

A Delaware law firm and its Pennsylvania co-counsel are set to pick up one of the largest legal fee awards ever for a securities class action. | 14yrs

The number of law firm partner positions across the UK fell for the first time since the depth of the recession amid poor financial performances and widespread uncertainty over the introduction of alternative business structures. | 14yrs

At least three US states are gearing up to launch a legal challenge to landmark financial services regulation designed to remedy the disease that brought on the 2008 banking crisis. | 14yrs