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Legal Landscape Rejuvenated: Law Firms Achieve Strong Financial Rebound in 2023, Positioning for Success in 2024

global economy growth for Big Law firms

In a remarkable turnaround, law firms have successfully rebounded into profitability, showcasing resilience and strategic adaptability, as highlighted by the Q4 2023 Law Firm Financial Index (LFFI) report from Thomson Reuters Institute. The latest LFFI report illustrates a significant shift for the largest law firms, bouncing back from the Q4 2022 all-time low score to […]

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Million-Pound Barristers: Who Are The UK’s Legal Elite?

Britain's highest-paid barristers

Britain’s Highest-Paid Barristers The highest-paid barristers in the UK can command substantial fees, with some earning as much as £1.5 million per year. This level of income, however, is not uniform across the profession and varies significantly based on areas of practice and expertise. It was reported in 2018 that around 125 barristers earned more

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Former Law Partner Sentenced to 10 Years’ Prison for Laundering $400 Million

Mark Scott money laundering lawfuel

U.S. Attorney’s Office, Southern District of New York Damian Williams, the United States Attorney for the Southern District of New York, announced today that MARK SCOTT was sentenced to 10 years in prison by U.S. District Judge Edgardo Ramos for laundering approximately $400 million of proceeds from the massive international fraud scheme known as “OneCoin.” 

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