Mayer Brown defends ‘do not disturb’ policy despite criticism from rivals June 15, 2026 When the US law firm Mayer Brown, based in the City, implemented a policy that partners should not disturb associates during their holidays, its London office managing partner said some rival partners criticised the move. Speaking to City AM, Dominic Griffiths said: “When I introduced that policy [three years ago], there were one or two [...]
Keeping up with the cash: SKIMS’ law firm hits record revenue June 15, 2026 UK law firm Browne Jacobson has hit record revenue of nearly £150m, partly driven by high-stakes projects, including advising Kim Kardashian’s clothing brand SKIMS on its flagship Regent Street store. The firm said it raked in £148.8m in revenue for the year, up 9 per cent from last year, driven by growth across the core [...]
KPMG report on AI found riddled with AI hallucinations June 12, 2026 A new probe into Big Four KPMG’s report on agentic AI found that the majority of its references were flawed, amid the latest news of AI-hallucinated reports published by professional services firms. The investigation, conducted by GPTZero, focused on KPMG’s October 2025 report, ‘Total Experience: Redefining Excellence in the Age of Agentic AI’, which summarises [...]
Kennedys tops £450m global revenue as Middle East conflict helps drive growth June 10, 2026 Law firm Kennedys has reported its 12th consecutive year of growth, surpassing £450m for the first time, with the Middle East conflict partly driving revenue. The City-headquartered firm, which specialises in advising the insurance sector, has generated £457m for the financial year 1 April 2025 to 31 March 2026, up from £428m in the previous [...]
City law firm Shoosmiths invests extra £1m in firm’s bonus pot June 8, 2026 City law firm Shoosmiths has doubled down on its commitment to AI after setting aside a second £1m for its bonus pot to help staff become AI-fluent through its new internal accreditation programme, City AM can reveal. Last year, the firm exclusively told City AM that it set a “clear and ambitious annual target” of one million [...]
City law firm boosts junior lawyer salaries to £189k in London June 5, 2026 City-based law firm Quinn Emanuel has increased salaries for its most junior lawyers by 5 per cent for the 2026 financial year, as its London office aligns with pay increases at its US counterparts. Effective from 1 July 2026, London associates’ salaries will increase 5 per cent across the board, with newly-qualified (NQ) lawyers set [...]
Mishcon de Reya to roll out new ‘bonus boost’ for associates June 4, 2026 City law firm Mishcon de Reya is offering its staff a ‘bonus boost’ for working additional hours to remain competitive in the legal pay race, City AM understands. The law firm has added a new ‘bonus boost’ to its pay structure, which will take effect in July 2027, for lawyers who record hours significantly above [...]
Elite law firm to splash £370m on building own AI tool May 28, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, is investing £370m ($500m) to develop its own custom-built AI platform, challenging competitors that rely on widely used third-party AI tools. The US-based firm, which has a large office in the City, said it plans to spend hundreds of millions over the next three to [...]
Pinsent Masons is not the only City law firm walking a dangerous AI tightrope May 28, 2026 A junior lawyer at Pinsent Masons used AI to draft misleading emails for a High Court case, highlighting how generational attitudes and lack of training risk new mistakes as law firms rush to adopt new technology, writes Maria Ward-Brennan. It has been a slow burner, but we finally have the first notable UK law firm [...]
Revolut deploys AI to scrutinise law firms in major shake-up May 19, 2026 Fintech giant Revolut is scrapping the ‘traditional’ method of assigning external law firms in favour of a new system where no law firm’s position is secure. Businesses that need external law firms on hand hold a panel session, where they vet law firms within their price range, and those that win secure a spot for [...]