As private equity booms, law firm partner moves hit record high Legal Partner moves in London’s private equity market are hitting a new high, according to a report that revealed last year’s numbers doubled those of 2024, marking a record for the City’s legal sector. New data from legal search boutique Macrae shows there were 50 movements of partners with practices in the private equity sector in [...]
London’s legal elites bask in booming pay packets Legal While London shivers through a January cold snap, the city’s legal elite are basking in an earnings heatwave as salaries for City lawyers at major law firms have edged up over the last year. Over the 2024/2025 financial year, the average profit per equity partner (PEP) at the big firms, including Linklaters, A&O Shearman, Herbert [...]
Deutsche Bank moves into Revolut-branded Canary Wharf tower Deutsche Bank is set to take roughly 250,000 sq ft of office space in Canary Wharf’s YY building, the Financial Times has reported. The German bank will move into one of the Docklands’ biggest lettings of the year, providing the latest sign that the financial district’s fortunes are swinging back into recovery. People familiar with [...]
Clifford Chance AI-driven redundancies hit London business service roles November 21, 2025 Law firm Clifford Chance is preparing for dozens of redundancies after launching a restructuring of its London business services team. Around 10 per cent of the 550 employees are set to lose their jobs, according to the Financial Times. It was reported that the magic circle firm told staff last month that greater use of [...]
Real Madrid eye £1bn injection to keep pace with Premier League elite November 18, 2025 Real Madrid president Florentino Perez is taking steps to ensure they remain competitive with Premier League clubs by inviting private equity to invest close to £1bn. Perez is expected to use the annual meeting of the club’s approximately 100,000 members on Sunday to announce proposals to change the club’s ownership structure. The plan considered most [...]
NHS woes fuel private healthcare boom, with lawyers reaping the rewards November 13, 2025 Private healthcare in the UK is experiencing unprecedented growth as NHS waiting lists soar and public services struggle to keep up. This surge in demand is also fueling a flurry of legal activity, keeping lawyers busy. Deals lawyers in the UK are generally the busiest and most important practices for most law firms; however, with [...]
Padel Travel X and Oliver Wyman win at Evelyn Partners Padel Cup October 20, 2025 A stellar line-up of City firms including EY, PwC and Clifford Chance, sporting royalty Michael Vaughan and Anthony Watson, and pro players turned out for the inaugural Evelyn Partners Padel Cup last week. Specialist tourism company Padel Travel X scooped the top prize, beating EY in the final of a keenly contested 16-team tournament at [...]
Labour urged to come clean on exit tax August 5, 2025 Labour ministers have been urged to clarify whether the government will introduce an exit tax as Tax Policy Associates chief Dan Neidle warned rumours could be “damaging” for the UK economy. Chancellor Rachel Reeves looks poised to raise more than £20bn in taxes later this year amid a shortfall in the fiscal headroom left by [...]
Clifford Chance revenue surges to £2.4bn as US drives growth July 23, 2025 British elite law firm Clifford Chance's profit surged by double digits over the last financial year, after the firm generated £944m, as the firm saw a three-year consecutive increase in profit
UK court rejects SocGen’s plea to move £118m row with Clifford Chance to France January 21, 2025 The English Court of Appeal has rejected French bank SocGen plea to move its negligent claim against magic circle law firm Clifford Chance a French court