Deloitte and KPMG challenge PwC’s iron grip on FTSE 100 clients Prof Services For the first time in nearly eight years, three of the Big Four giants, Deloitte, KPMG and PwC, are locked in a dead heat for FTSE 100 client dominance. A boardroom reshuffle has loosened PwC’s iron grip on clients from London’s blue-chip index, forcing a historic three-way tie at the top of the FTSE 100 [...]
Magic circle Freshfields to co-build legal AI with Anthropic Tech Magic circle law firm Freshfields has signed a multi-year agreement with AI giant Anthropic, giving the firm easy access to Anthropic’s latest AI models and collaborating to help design Anthropic’s next-generation offerings. As part of the deal, Freshfields has rolled out Anthropic’s Claude models to its entire global workforce of 5,700 users across 33 offices, [...]
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 [...]
‘No comment’: City firms on Starmer China trip keep schtum January 29, 2026 When Sir Keir Starmer boarded a British Airways flight to Beijing earlier this week, he brought with him a coterie of leaders from British industry to help fly the flag. More than 50 delegates were invited on the PM’s trip, many from top City institutions such as law firm Clifford Chance and accounting giant PwC. [...]
Law firm Freshfields kicks off paralegal redundancies September 12, 2025 Top British law firm Freshfields has kicked off a round of redundancies targeting paralegals in its Manchester office. According to a legal trade publication, Roll on Friday, paralegals in the Manchester office were summoned to a meeting last week titled “Important Update.” According to sources, the firm plans to axe about half of its junior [...]
UK infrastructure funding set to break record highs September 8, 2025 UK infrastructure financing deals are on track to reach a record high this year as investors compete to secure assets while the government signs off on a number of major new projects. According to analysis from data provider Infralogic, roughly $38bn (£28.13bn) of debt was issued in the first eight months of this year on [...]
‘My boss knew I’d leave Freshfields from my first week in’: Nnamdi Emelifeonwu on setting up legal tech firm Definely August 7, 2025 Freshfields lawyer Nnamdi Emelifeonwu left law to set up legal tech firm Definely. He takes us through his career in Square Mile and Me.
Inside SLB v BBF: Top lawyers, bitter barbs and the European Super League August 2, 2025 Next week lawyers representing Super League Basketball clubs will lodge their response to a counter-claim from the British Basketball Federation, the latest move in a High Court legal battle that is giving the sport much-needed attention but for all the wrong reasons. In a nutshell, the BBF has stripped SLB of its licence to run [...]
British basketball at war: How can BBF and SLB bloody battle be resolved? July 4, 2025 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 June 9, 2025 An AI-powered legal tech company founded by two former associates from Freshfields has raised $30m (£22.1m) in Series B funding