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. [...]
Can your employer force you back to the office? January 15, 2025 Headlines have been blowing up this week with several big businesses forcing its workforce back into the office. A topic that often results in a heated debate
Lawyer hourly fees at US firms boom January 10, 2025 The hourly fees charged by lawyers in the US have jumped nearly seven per cent in the last year, the fastest rate since the global financial crisis
Government Legal Department discriminated against top lawyer, Tribunal rules January 7, 2025 A senior lawyer for the Government Legal Department claims of unlawful deductions of wages and indirect sex discrimination were upheld by the Tribunal
Independent Football Regulator hires head of legal from CMA January 6, 2025 The incoming football regulator has appointed a head of legal as it steps up plans to begin its work in earnest in 2025. David Riley this week left his role as legal director of the Competition and Markets Authority to take up a role with the football body, where he will head up the legal [...]
Post Office scandal: Lawyers paid millions as MPs call for transparency on legal costs January 2, 2025 Lawyers from City firms were making millions whilst the majority of the money set aside for redress scheme has not to be paid out to the Post Office victims
Osborne Clarke: Nadhim Zahawi’s lawyer faces disciplinary hearing over SLAPP allegations December 16, 2024 Nadhim Zahawi's lawyer faces a disciplinary hearing this week over allegations he sent SLAPP letters to tax expert Dan Neidle
City lawyers gear up for US firms’ bonus season amid pay war December 10, 2024 Lawyers at US law firms across the City are poised to receive their bonus payouts following another year of fierce competition in the industry. In a year that saw US law firms Quinn Emanuel and Gibson Dunn and Paul raise their pay for newly qualified lawyers to £180,000, the salary battle shows no signs of [...]
Hunton Andrews Kurth raids EY for team of nearly two dozen lawyers December 10, 2024 Nearly a dozen lawyers have joined the City office of US law firm Hunton Andrews Kurth from Ernst & Young legal services arm, EY Law
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 [...]