The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
While the gender debate rages on between family and friends, on social media and now in the workplace, a growing number of women have been fighting their employers tooth-and-nail over the right to hold gender-critical beliefs without being subject to workplace discrimination. In 2021, the Employment Appeal Tribunal ruled that think-tank researcher Maya Forstater […]
Boies Schiller is giving UK associates the option of either partner-style “formula compensation” or standard salaries to recruit and retain new talent, The Lawyer can reveal. Each City associate at Boies Schiller can now choose whether to receive a standard market competitive annual bonus or instead be paid a percentage of the number hours they […]
The Lord Chancellor has announced a total of 95 new King’s Counsel, meaning the number of barristers to receive silk status has fallen for the second year in a row. The latest cohort is 5.9 per cent smaller than the 101 barristers promoted in 2021, which at the time marked a 13 per cent dip […]
The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
While the gender debate rages on between family and friends, on social media and now in the workplace, a growing number of women have been fighting their employers tooth-and-nail over the right to hold gender-critical beliefs without being subject to workplace discrimination. In 2021, the Employment Appeal Tribunal ruled that think-tank researcher Maya Forstater […]
Boies Schiller is giving UK associates the option of either partner-style “formula compensation” or standard salaries to recruit and retain new talent, The Lawyer can reveal. Each City associate at Boies Schiller can now choose whether to receive a standard market competitive annual bonus or instead be paid a percentage of the number hours they […]
The Lord Chancellor has announced a total of 95 new King’s Counsel, meaning the number of barristers to receive silk status has fallen for the second year in a row. The latest cohort is 5.9 per cent smaller than the 101 barristers promoted in 2021, which at the time marked a 13 per cent dip […]
Meetings between law firm leaders can be casual, just a polite meeting to chew the fat over a cup of coffee, or they can have a serious intent. Last month, when Dickson Minto’s de facto managing partner Jordan Simpson met with a delegation from New York’s Fried Frank, it was the latter. Make no mistake, […]
Brabners’ touchy-feely initiatives have helped it grow
Linklaters and Cleary both jumped several places to make the top 10
The benefits of an Ashurst – Burges Salmon merger are plentiful
Milbank’s finance practice has been a major contributor to its recent growth
Merry Christmas to our readers.
NQs in Leeds are valued more than their London colleagues
As a recession rolls in, now is the best time to invest in legal technology.
Goodwin Procter has kicked off a redundancy round that is to affect fee-earners, paralegals and other business services staff in its US offices. In an internal firm document viewed by The Lawyer, sent by chairman Robert Insolia and managing partner Mark Bettencourt, the firm attributed a slowdown in demand coupled with “staffing levels too high” […]
A near £100,000 expert evidence budget has been blasted by the High Court in a million-pound streaming royalties lawsuit over rapper Kanye West’s 2010 single ‘Power’. The dispute sees Declan Colgan Music (DCM), which holds the rights to King Crimson’s song ‘21st Century Schizoid Man’, seek to recover over £1m of unpaid streaming royalties for […]
All the latest from the 2023 retention rounds. For our 2022 live blog go here
BLM’s annual profits significantly decreased prior to its merger with insurance rival Clyde & Co last year, new financial records show. BLM’s operating profit dropped 39.8 per cent from £12.8m in 2020/21 to £7.7m in 2021/22, according to its final standalone yearly accounts now published on Companies House having merged with Clyde & Co last […]
The Financial Services Compensation Schem has finalised its new legal panel, announcing the appointment of eight law firms. The firms appointed will work across three areas of work: core legal services, Scots law, and HR and employment advice. Bevan Brittan, Burges Salmon, Dentons, Eversheds Sutherland, Norton Rose Fulbright and Osborne Clarke have been appointed for […]
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