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October 01, 2010 |

The Global 100 2010: Sound as a Pound

Before the downturn, the sterling's rise made strong performances by British firms look even better. Now the weaker pound is making poor results look even worse.
6 minute read
January 01, 2013 |

Come Together

As change roils the U.K. legal market, British firms try to adapt with a wave of mergers.
12 minute read
August 07, 2009 |

U.K. Elite Hold On to Equity as Salaried Partner Ranks Grow

The U.K.'s top law firms have tightened their grip on the purse strings, increasing equity partner count by less than 4 percent despite a double digit increase in overall partner numbers over the last five years. Legal Week research into partner headcount changes at the U.K.'s largest 25 firms by revenue shows that, on average, partner count grew by 16 percent from 2003-04 to 2008-09. There was only a 3.7 percent increase in equity partner numbers during the same period.
3 minute read
August 08, 2012 |

Freshfields, Bird & Bird and SJ Berwin Confirm Trainee Retention Rates

Freshfields Bruckhaus Deringer, Bird & Bird, SJ Berwin and Field Fisher Waterhouse have confirmed trainee retention rates for their September 2012 qualifiers, with all but SJ Berwin keeping on more than 80 percent of their intake.
2 minute read
October 04, 2012 |

Slaughters Set to Lay Off Up to 28 Secretaries

Slaughter and May is set to lay off as many as 28 of its 165 secretaries in a rare redundancy round at the Magic Circle firm. Executive partner Graham White acknowledged the firm's lawyer-to-secretary ratio had not kept pace with technology's impact on the traditional secretarial role.
2 minute read
October 16, 2009 |

Departures and Cutbacks Take Ashurst Partner Exits to 22

Ashurst has seen 22 partners leave its limited liability partnership since January -- equating to around 10 percent of its partnership as it stood at the beginning of the current financial year. The top 10 London law firm had 235 partners at the beginning of May. The number of departures is higher than the figure initially predicted in January, when it emerged that 10 partners were to leave Ashurst's equity over the course of this year in response to the economic downturn, including retirees.
2 minute read
November 13, 2007 |

Norton Rose, Lawrence Graham Top New AIM Adviser Rankings

Norton Rose, Lawrence Graham, Berwin Leighton Paisner and DLA Piper are among a clutch of U.K. firms to have cashed in on the rapid growth of the Alternative Investment Market in recent years, according to new figures released Monday. Top 10 London firm Norton Rose advises more AIM-listed clients than any other U.K. practice, according to the Hemscott statistics, having acted for 64 businesses to have floated on London's junior stock exchange.
2 minute read
October 01, 2010 |

The British Difference

A new U.K. law makes it easier to bring manslaughter charges against companies.
5 minute read
November 13, 2007 |

Two London Firms Report Double-Digit Growth

London firms Denton Wilde Sapte and Simmons & Simmons have announced double-digit growth in turnover for the first half of the financial year. Denton Wilde saw revenue increase by 10 percent for the most recent six-month period, while profits jumped by 24 percent. Simmons, meanwhile, said fee income had increased by 16 percent compared to the equivalent period last year.
2 minute read
December 14, 2007 |

Firms Braced as Welsh Assembly's First-Ever Adviser Review Nears Completion

The Welsh Assembly is in the final stages of the first-ever review of its legal advisers, with the body set to unveil its debut law firm roster in the new year. The panel, which is being overseen by the assembly's legal services director, Jeff Godfrey, is expected to include up to eight law firms.
2 minute read

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