Lawyers warn Reeves: Don’t destroy £60bn industry over LLPs gambit Legal The legal industry has slammed Chancellor Rachel Reeves’ proposed tax hike on LLPs, saying the move “could harm one of the UK’s most globally competitive sectors.” As she aims to fill the fiscal black hole, Reeves is reportedly targeting limited liability partnerships (LLPs) for a tax raid for the first time. The LLP model, used [...]
Number of female high-earners hits record high Business The number of female high-earners in the UK has hit a record high, as more women find themselves holding senior positions in the workplace. According to analysis from Bowmore Wealth Group, the number of high-earning women, those who earn over £125,000 and pay the top rate of income tax, jumped by 12 per cent to [...]
Spy case suspect was stopped with suitcase full of cash on return from China Business A suspect in the China spy case was carrying a “suitcase full of cash” upon being stopped by police under terrorism laws after flying into Heathrow from China. Academic Christopher Berry, was discovered with £4,000 when he was intercepted at the airport in February 2023, almost six weeks before he was formally arrested on suspicion [...]
Conservatives will attempt to block Chagos deal over China spying fears October 18, 2025 Conservative MPs will launch a last-ditch attempt to block the Chagos Islands deal next week due to fears it will be used by China to spy on the UK. First reported in the Telegraph, the Tories plan to force a vote in Parliament over whether to effectively end the deal by holding up payments to [...]
Who’s really running a court case? The legal ruling that’s raising eyebrows October 9, 2025 Each year, courts hand down hundreds of thousands of judgments. While many are significant only to the parties involved, occasionally a decision sends ripples much further afield. A prime example happened last October, when the Court of Appeal issued a straightforward ruling that upended the lending sector and created significant headaches for the Financial Conduct [...]
Big name, big pay, even bigger hours: Welcome to City law firms September 25, 2025 The salaries of junior lawyers is a topic that sparks headlines, adding even bigger sparks to debates over 20-something-year-olds pocketing hefty wage packages. However, considering the hours they work and what is expected of them, the money is earned. US firms, many of which now dominate London, not only compete over lawyer rates but also [...]
From law to tech: Who’s championing equal parental leave in the UK? September 16, 2025 New research has revealed the inaugural list of 165 UK employers that offer equal parental leave, including more than 20 professional services firms. The full findings, which will be formally launched at the UK’s first Working Dads’ Summit, revealed that 72 of the 165 companies offer dads up to six months of fully paid paternity [...]
Has the legal market pulled the brakes on the NQ pay war? September 4, 2025 ‘City lawyers are the new bankers‘. This became a common refrain in the legal market as pay wars ramped up. However, the sentiment within the market suggests that the tide may be changing. Over the past several years, the pay war over newly qualified (NQ) lawyers has been a major talking point in the market, [...]
Lucrative law firm jobs remain dominated by men August 29, 2025 Lucrative senior dealmaking roles in UK law firms remain dominated by men, leaving female partners unable to make a dent in competitive areas of law. Men made up 80 per cent of partners hired into corporate and finance practices in the years 2019 to 2024, according to data from legal recruiter Edwards Gibson. Commercial and [...]
One bad apple: The rise of partner vetting at law firms August 7, 2025 In a highly competitive market, law firms are ramping up their vetting process for new partners to avoid issues down the line