Europe/UK - Page 244
Law firm 'housekeeping' sweeps out 439 partners
More than 400 partners shuffled through the exit doors of the UK's top-20 law firms in the last 12 months, as firms continued to impose 'good housekeeping' measures in the face of a continuing tough economic climate.
UK firms fret over fee pressure
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.
Scottish lawyers top legal aid pay charts
Critics have lambasted Scottish legal aid as being 'out of control' after lawyers in the jurisdiction collected £161 million public fees in 2010.
Practice costs keep outpacing revenue
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.
Top UK law firms feel the pinch
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.
Barristers to be allowed client accounts
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.
Olympic lawyers in demand for corporate roles
London 2012 in-house team members on the market for next gig
In-house legal diversity scheme attracts big players
Yahoo, Vodafone and Lloyds are among a string of big businesses set to offer work experience in their legal departments under a social mobility scheme.
Small firms drowning under rising tide of insurance costs
Small English law firms are struggling more than ever to meet the rising cost of professional indemnity insurance, according to a leading market funder in the run up to the deadline for cover to be in place.
Survey: UK partner numbers tumbling
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.
Probe of lawyers' conduct in Hillsborough disaster
Possible wrongdoing by lawyers in the fall-out of the Hillsborough stadium disaster is to be investigated, the solicitors' regulator in England announced yesterday.
Offensive tweets not illegal, deems top prosecutor
Social media web site commentators should not be prosecuted for offensive remarks unless they are threatening or incite violence, the head prosecutor in England has recommended.
UK: Buying and bar hopping
London-headquartered European legal services franchise CMS acted as lead adviser in LGV Capital's high-profile acquisition of Novus Leisure with joint venture partner, Hutton Collins.
Magic circle firm launches women's leadership scheme
London-based Linklaters has launched a scheme to boost the role of its women lawyers, the magic circle firm announced yesterday.
Offshore experts land in London
Offshore law firm Forbes Hare is to launch in London, the practice announced yesterday.
Around the house
Sparky lawyer moves in London, international human resources business appoints a GC and the Unversity of Kentucky gets a new top lawyer
Leading English firms discuss £200m merger
London-based global law firm Field Fisher Waterhouse has opened merger talks with as many as three other practices - including Osborne Clarke - in a move that could be worth up to £200 million, it was reported yesterday.
Naming-and-shaming scheme goes live
Law firms and lawyers across England and Wales have been named in an on-line public list of complaints published by the jurisdiction's Legal Ombudsman.
Taxman targets London lawyers in swoop on evaders
The British taxman is targeting lawyers suspected of evading payments in an ongoing bid to close the gaping hole in the national finances.
Law firms fight for place on FSA banks panel
City law firms are set for a showdown over the opportunity to earn a lucrative spot on the UK Financial Services Authority's first panel of external bank investigation experts.