Is this the end of law firm IPOs? January 30, 2023 British law firms have traditionally stayed away from public markets. Yet following a series of IPOs over the past eight years, there are now six UK law firms listed on the stock exchange. Gateley became the first UK law firm to launch an IPO in 2015 after floating on London’s alternative investment market (AIM). In [...]
London partners paid 25 per cent more at US law firms, new data shows January 16, 2023 The top US law firms are now paying their London partners significantly more than their British rivals, in another sign of American dominance in the UK legal sector. Partners in the London offices of the top 15 US law firms took away 25 per cent higher payouts than their counterparts in the UK’s top 15 [...]
Wedlake Bell’s rising star on how tech is changing they way City law firms work January 13, 2023 Technology is increasingly changing the way we work, and law firms are no exception. Innovation and new technical solutions are rapidly penetrating the City’s legal powerhouses. At the same time, barristers and other lawyers feel they are not compensated sufficiently for the hard work they put in, prompting thousands to strike earlier this year. To [...]
EXCL – ‘Trainee train drivers get £24k, double the starting income of advocates’, says City legal whizz January 10, 2023 Technology is increasingly changing the way we work, and law firms are no exception. Innovation and new technical solutions are rapidly penetrating the City’s legal powerhouses and this process will only accelerate in 2023. At the same time, barristers and other lawyers feel they are not compensated sufficiently for the hard work they put in, [...]
Use of AI apps is fuelling plagiarism, as barrister warns more needs to be done to stop online exam cheating January 6, 2023 Artificial intelligence apps, such as the chatbot ChatGPT, could make the UK’s exam cheating problem worse, a top barrister who works on student appeals has warned. Increasingly sophisticated AI models are now able to produce “decent, plagiarism-free answers to a wide range of questions,” Daniel Sokol, a barrister at 12 King’s Bench Walk, said in [...]
Cost of living crisis: UK lawyers braced for talent war and surge in fraud cases January 5, 2023 Lawyers working in top British companies are anticipating a hike in fraud, disputes, and debt recovery cases over 2023 as the UK’s economy takes a turn for the worse, a new survey shows. In-house lawyers expect they will be forced to deal with the fallout of the UK’s cost-of-living crisis as the economic downturn sets [...]
UK’s new flexible working laws still give employers right to reject requests, employment lawyers say December 5, 2022 New rules aimed at boosting uptake of flexible working arrangements still give employers’ significant discretion to reject those requests, lawyers have told City A.M. New laws aimed at increasing flexibility in the workplace, by giving low paid workers the legal right to ask for a more flexible arrangement and letting all staff ask for flexible [...]
Birketts strikes merger deal with Batchelors Solicitors amid forecasts of upcoming M&A boom November 28, 2022 UK law firm Birketts has struck a deal to merge with its London rival Batchelors Solicitors amid forecasts of a surge in consolidation in the UK’s legal sector. The deal will see the two firms join forces in a merger that is set to combine their long-standing social housing practices to create a market-leading team. [...]
Ed Warner: Manchester United should have refused to tear up Cristiano Ronaldo contract November 24, 2022 Watching Cristiano Ronaldo’s conversation with Piers Morgan I was instantly reminded of Princess Di’s (in)famous interview with Martin Bashir, so much in the news in recent months. No sense here though that the footballer was duped into his doe-eyed criticisms of Manchester United – certainly not if we accept Morgan’s subsequent justifications for the guest [...]
Briton in Brexit fight of his life as Denmark plans to deport him for missing deadline November 16, 2022 A British national residing in EU member state Denmark is reportedly being deported from the Nordic country because he missed a residency application by just under four days. Phil Russell said he did not know he needed a residency application in order to remain with his fiancée Frederike in the country. As a result, he [...]