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      UK banks’ digital ID bid is a game of optics – and the odds are not in their favour

      Banking app interface showing financial transactions and account balance on a smartphone screen, emphasizing digital finan...

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city lawyers

  • Trowers & Hamlins partner Sara Bailey: I was told I was ‘too Yorkshire’

    Opinion

    Sara Bailey, senior partner at Trowers & Hamlins, takes us through her career in law in this week's Square Mile and Me.

    Sara Bailey delivering a speech at a high-profile business conference, engaging an attentive audience with her insights.
  • Freshfields: Revenue passes £2bn at Magic Circle law firm but profit cut

    Legal

    Profit at Magic Circle law firm Freshfields was cut during its latest financial year despite its revenue passing £2bn for the first time. Freshfields has reported a pre-tax profit of £668.9m for the 12 months to 30 April, 2024, according to newly-filed accounts with Companies House. Profit before partners’ annuities increased from £497.8m to £675m. [...]

    Freshfields is part of the so-called Magic Circle. (Photo by Dan Kitwood/Getty Images)
  • Law firm RPC elects new managing partner

    Legal

    City-based law firm RPC has selected Antony Sassi to step up to the leadership role of managing partner of the firm, succeeding James Miller

    New job postings were also considerably lower on the year, with an 11 per cent decline across the country highlighting bosses’ fears of extra taxes and red tape hitting businesses.
  • Microsoft facing £1bn overcharging claim from UK firms

    December 3, 2024

    Microsoft is facing a £1bn legal action over claims the US giant overcharged firms for access to products. Filed to the Competition Appeal Tribunal, the claim alleges customers using rival cloud computing platforms to Microsoft’s own Azure were charged higher licensing fees to access its Windows Server. It also alleges that UK companies and organisations [...]

  • ‘Bag ready’ private equity execs more worried about Reeves’ carry policy than Corbyn

    July 9, 2024

    Private equity execs are "bag ready" to leave the UK to avoid Labour's carried interest policy, with some City lawyers giving more legal advice than then when Corbyn was leader, leading industry figures and advisers have said.

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