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March 29, 2022 | International Edition

Handling Client Money is Dying Out at Law Firms

Handling client money is proving too risky for top law firms so those working on large-scale M&A are quitting the age-old service.
8 minute read
July 21, 2021 | International Edition

Reed Smith Halts UK Furlough Support Following Backlash

The firm claimed between £50,000 and £125,000 from the scheme since December despite posting strong profits and revenue growth for last year.
3 minute read
July 12, 2021 | International Edition

Major US Law Firm is One of Many Still Using UK Government Furlough Scheme

The firm continues to tap taxpayer money despite its profit per equity partner rising 16% to $1.53 million.
4 minute read
February 01, 2021 | International Edition

UK Top 100 Firm Bucks Trend By Increasing Office Footprint

The move comes as a number of firms have confirmed plans to review their real estate needs in light of the pandemic.
2 minute read
December 23, 2020 | International Edition

SRA Fines UK Top 100 Firm for Accounting Breach

The firm said it "continues to invest to ensure its on-going compliance meets the highest standards".
2 minute read
November 29, 2020 | International Edition

Latest COVID-19 UK Staff Cuts: A Firm-By-Firm Guide

As of this month, 25 firms have made or are making redundancies as a result of the pandemic disruption.
9 minute read
October 13, 2020 | International Edition

UK 100 Results: Lower 50 Law Firms Struggle to Keep Pace With Elite

Firms ranked 51-100 suffered an overall fall in PEP and revenue per lawyer and many are now cutting staff.
6 minute read
October 05, 2020 | International Edition

The Legal Innovation Awards 2020: Who Won What and Why

A total of 23 entries won at this year's Legal Innovation Awards, including Bryan Cave Leighton Paisner and Mills & Reeve.
11 minute read
September 23, 2020 | International Edition

Latest Transatlantic Firm Axes UK Lawyers With Further Staff Cuts Set

The firm has also made a small number of cuts across its U.K. business operations, which included fee-earners.
2 minute read
September 10, 2020 | International Edition

Two More UK Top 100 Firms To Make Lay-Offs Amid COVID Fallout

A total of 60 roles are at risk, including fee-earners and support staff, in the latest redundancy rounds.
2 minute read

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