Mishcon de Reya partners back IPO plans as firm edges closer to listing September 10, 2021 Mishcon de Reya partners approved the law firm’s plans to go public on the London Stock Exchange, according to reports. Mishcon de Reya officials confirmed that at least three quarters of the partnership voted in favour of the planned initial public offering (IPO) of the firm, according to The Times. The law firm will be [...]
Mishcon de Reya launches new £150m litigation financing unit September 8, 2021 Law firm Mishcon de Reya has today announced plans to launch a new litigation funding unit with Harbour, one of the biggest litigation and arbitration funders in the world. The new venture, known as MDR Solutions I, will be used to assess and finance prospective litigation and arbitration cases originated by Mishcon de Reya clients [...]
Morrison Foerster are first law firm to mandate vaccines for London lawyers August 26, 2021 Law firm Morrison Foerster have publicly announced that its lawyers must be fully vaccinated against covid-19 to return to the London office. Morrison Foerster, also known as MoFo, will make covid-19 vaccinations mandatory from 13 September for those coming back to the office, where they will also need to wear a mask in common areas [...]
Lawyers urge UK government to save Afghan judges and artists August 24, 2021 City law firm Bates Wells has urged the Home Office to urgently help lawyers, academics and activists in Afghanistan, as the crisis in the country continues. The firm called on the government to take on board recommendations made in a joint letter by the Immigration Law Practitioners Association (ILPA) and the Afghanistan and Central Asian [...]
Legal groups urge UK to help female judges and legal professionals in Afghanistan August 19, 2021 At least 250 female judges in Afghanistan face a “perilous” future, legal groups have said while urging the UK government to offer asylum to female judges and other legal professionals in the country which has been control of by the Taliban. According to the Lawyer Monthly, the Bar Council, Bar Human Rights Committee and Law [...]
Travers Smith moving London HQ next door to Deloitte and Goldman Sachs August 17, 2021 Law firm Travers Smith will relocate its City of London headquarters in 2025 and neighbour Goldman Sachs and Deloitte offices. Its new headquarters will be based at Stonecutter Court, a 13-storey office in Farringdon which is a short distance from its current location on Snow Hill in the same area. The silver circle firm signed a [...]
Jamie Spears will step down as Britney’s conservator August 13, 2021 The end of Britney Spears’ long-fought conservatorship is in sight after her father agreed to step down as conservator “when the time is right.” In a court filing, Jamie Spears’ legal team wrote: “Mr. Spears is willing to step down when the time is right, but the transition needs to be orderly and include a [...]
Divorce enquiries jump 136 per cent as lockdown restrictions ease August 13, 2021 The number of people seeking divorce related advice has soared by 136 per cent in June, compared to January, as lockdown restrictions ease, according to a law firm. Law practice Stewarts said the figures follow the busiest 18 months it has seen in the history of its divorce and family practice as the number [...]
Travers Smith partner profits soar 21 per cent to £1.2m August 10, 2021 Travers Smith partner profits have soared by over a fifth to £1.2m, following investment in asset management, M&A and dispute resolution. Profit per equity partner rose by 21.5 per cent to £1.2m while turnover was up 15 per cent at £186m according to provisional figures for the year ended 30 June 2021. “None of us [...]
Law firms brace as chancellor mulls over new tax on legal sector August 5, 2021 Rishi Sunak may be considering imposing a tax levy on the revenues of large commercial law firms, to help to prop up the ailing legal aid system, according to reports. The chancellor may be contemplating reviving the idea of a bespoke levy on commercial legal practices, an idea first suggested five years ago by then [...]