British basketball at war: How can BBF and SLB bloody battle be resolved? Sport Business British basketball is no stranger to turmoil but even by its warped standards the raging civil war between SLB clubs and governing body the BBF is extraordinary. At its heart is a power struggle for the right to run the domestic league. But it also involves claims of dishonesty, mission creep, vindictiveness and outright illegality [...]
Former Freshfields lawyers AI legal tech raises $30m in funding round Tech An AI-powered legal tech company founded by two former associates from Freshfields has raised $30m (£22.1m) in Series B funding
Former City minister Bim Afolami joins QCA with ‘unfinished business’ Markets Former City minister minister Bim Afolami has joined the Quoted Companies Alliance board, in a ‘coup’ for the trade body that supports smaller and medium-sized listed companies. The former Tory MP and minister responsible for the Square Mile will sit on the QCA’s board, as it works to champion Britain’s small and medium-sized publicly traded [...]
Freshfields: Revenue passes £2bn at Magic Circle law firm but profit cut February 3, 2025 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. [...]
Plans worth £200m revealed by Imperial College London and Bruntwood SciTech November 20, 2024 Imperial College London is to build a life sciences and deep tech development worth over £200m in the west of the capital after partnering with Bruntwood SciTech. The university has earmarked land at its White City Deep Tech Campus after signing an agreement with the joint venture between property group Bruntwood, Legal & General and [...]
US law firm ups starting salaries in London to a whopping £180,000 May 10, 2024 The US firm's decision to hike its pay for newly qualified London lawyers now makes it one of the highest paying firms in the City.
Magic circle law firm Freshfields ups NQ salary to £150,000 May 3, 2024 As the salary war in the legal market battles on, magic circle law firm Freshfields has just increased its NQ lawyers' salaries to £150,000