‘Under-funded and ill-served’ courts face pressure to adapt as coronavirus hits the justice system
Courts in England and Wales have made changes to their practices as the Lord Chief Justice joins those dismissing claims…
‘Inevitable distractions’ hit BCLP revenue and profit in lean post-merger debut
Bryan Cave Leighton Paisner (BCLP) endured a challenging debut year as a fully-merged entity, as the cost of integration weighed on…
Slaughters makes up seven in the City with bulked-up promotion round
City blueblood Slaughter and May has promoted seven partners in the City and one in Hong Kong following an increased promotion…
Greenberg strengthens City restructuring practice in preparation for economic downturn
Greenberg Traurig has continued its London recruitment push, this time hiring from Baker McKenzie to strengthen its City restructuring practice as…
‘All about the future’: Paul Hastings reaps investment rewards with double-digit London growth
Paul Hastings recorded another year of double-digit growth in its City office to surpass $100m, amid a more muted performance globally.…
‘Not ingredients for activity’: Treasury reveals fiscal stimulus to battle coronavirus slump
Amid growing economic uncertainty, Treasury today (11 March) announced a budget looking to reassure businesses as coronavirus fears continue to…
Quinn closes NY office after partner tests positive for coronavirus
Quinn Emanuel Urquhart & Sullivan has temporarily closed its New York office after a partner tested positive for COVID-19, the…
More partner conferences suspended amid spike in coronavirus cases
Coronavirus is increasingly having its impact felt in the business of law, with Simmons & Simmons the latest firm to postpone…
Knights puts hand in pocket again for £28.6m double acquisition
Knights has made its largest splash to date, taking £28.6m out of its war chest to acquire two more regional…
Shearman & Sterling quiet on London amid muted 1% global revenue growth
Global revenue at Shearman & Sterling barely grew last year as the firm marginally improved its key metrics while not…
‘This raises serious questions’: More SFO failure as former Barclays execs escape fraud convictions
The Serious Fraud Office (SFO) is facing criticism after suffering another high-profile defeat in its only financial crisis prosecution after…
Climate change trumps arguments as Leigh Day halts Heathrow’s third runway
Controversial plans for building a third runway at Heathrow Airport run the risk of being abandoned after campaigners led by…
Steady global growth for Reed Smith outpaces a subdued year in the City
Reed Smith produced a comparatively muted showing in the City last year, with global revenues seeing the more meaningful gains.…
Milbank’s City revenue outstrips global growth as Mayer Brown nears $1.5bn global turnover
London outpaced global growth at Milbank following a quieter year for standout laterals, as US outfits continue to post impressive results…
‘Healthy competition’: LOD comes full circle with launch of challenger UK law firm
Lawyers On Demand (LOD) is launching a ‘challenger’ law firm to compete with traditional firms on providing advice to in-house…
London lags global growth as Debevoise turnover breaks $1bn barrier
US firm Debevoise & Plimpton has increased London revenue almost 9% following a strong year in which global turnover broke through…
A year of two halves for White & Case as City revenue drops after tricky start to 2019
White & Case’s City revenue fell almost 4% over the last financial year following a ‘challenging’ start to 2019, while…
More Mishcon losses as Greenberg makes dual disputes hire in London
Greenberg Traurig has hired a pair of disputes partners from Mishcon de Reya, in an uncommon departure for the litigation…
Down this road before: State bars fiercely oppose ABA’s US innovation push
The American Bar Association (ABA) suggested yesterday (17 February) that American states consider ‘innovative approaches to the access to justice…
HSF’s accounts show revenue hit £447m amid a 23% profit hike and a sharp fall in debt
Herbert Smith Freehills (HSF) has increased profit and turnover, its latest LLP accounts reveal, while also bolstering its borrowing capacity…