Marlowe profits rocket as firm raises full year guidance December 1, 2021 Business critical services firm Marlowe announced this morning that its profits have rocketed in the six months ended 30 September. The group’s operating profit has registered a 122 per cent growth compared with the same time last year, going from £7.4m to £16.4m, while its adjusted EBITDA margin has hiked by 300 bps, from 14.8 [...]
BCLP and Mishcon jump into pay war for junior lawyers with salary hikes November 30, 2021 Two more City law firms have joined the increasingly crowded tussle for junior lawyers by raising salaries to keep up. Bryan Cave Leighton Paisner (BCLP) and Mishcon de Reya announced raises for newly qualified solicitors, who will now take home £95,000 and £83,000 respectively. For BCLP newly qualified solicitors the new salary represents an eight per [...]
On the job hunt: These are the hardest vacant roles to fill in the UK November 30, 2021 Veterinary surgeons, senior auditors and HGV technicians are among the hardest jobs to fill in the UK, according to new research. Only 16 per cent of all job postings on job site Indeed fall into the ‘hard to fill’ category, meaning they have stayed on the website for over two months but over half of [...]
KPMG bets on growth in life sciences as it sets up new regulatory team in London November 30, 2021 KPMG UK has set up a new regulatory team in its life sciences practice amid increasing demand for consulting services in the area. In the face of increasing regulatory requirements and the attention drawn by the pandemic to industry practices, life sciences companies are increasingly turning to consultants. “[This is a time] where life sciences [...]
Exclusive: Third of law firms consider going public in search of funds for expansion November 30, 2021 Around a third of law firms are contemplating listing on the stock market in the next year to fund growth plans, according to new research shared exclusively with City A.M. The findings underpin a growing trend among law firms to explore alternative financing models beyond traditional partnerships. Gateley was the first law firm to float [...]
Clyde & Co eyes up merger with law firm BLM November 26, 2021 Clyde & Co is reportedly in discussions with its smaller rival BLM about a merger between the two law firms, according to reports. The talks between the firms are still in the initial stages, according to Rollonfriday, a British legal news website, which first reported the development. With a turnover at Clyde of almost £640m [...]
Lawyers being bullied by ‘cold and cruel’ judges still a thing: ‘Judge-itis is a modern day hangover’ November 26, 2021 Many lawyers are still being bullied by judges, according to a retired senior magistrate. Nigel Lithman QC dedicates a section in his upcoming book to so-called “judge-itis”, the nickname in the legal profession for advocates who are bullied by members of the bench. While not prevalent or an “epidemic”, Lithman – who retired in August [...]
City barristers to hit the screen in new Channel 4 legal documentary November 26, 2021 Barristers from 25 Bedford Row will star in a new show with “unprecedented access” to legal lives. In a four-part documentary, tentatively named The Defenders, a group of barristers from one of the UK’s top criminal defence chambers will be followed around on their daily lives. The Defenders will show how the barristers work through [...]
Google commits to play ball with CMA over anti-competitive ‘Sandbox’ November 26, 2021 Google has improved its commitments to the Competition and Markets Authority (CMA) over its ‘Privacy Sandbox’ amid concerns that changes by the tech titan could reduce competition in the digital advertising market. The competition watchdog launched an investigation into alleged anti-competitive behaviour by Google at the start of the year, following proposed changes to its [...]
Competition Law likely to have a place in sport long into the future November 26, 2021 Although historically associated more with corporate CEOs in smoke-filled rooms than the world of sport, competition law has certainly hit the back pages in 2021. The ever-increasing commercialisation of sport means that this crossover is only likely to continue and, in the case of football, could soon ultimately decide the future. European Super League While [...]