Paul, Weiss continues its London talent-grab, this time hiring Francesca Storey-Harris as a partner in its M&A and Private Equity groups and once again targeting Kirkland & Ellis for the talent.
The firm, which has been assembling a transatlantic Avengers squad for months .. . register to read more
Paul Weiss Raids Kirklands Again, Snagging Rising M&A Star Read More »
Slaughter and May’s Billion-Dollar Dilemma – Expand or PerishJohn Bowie, LawFuel publisherSlaughter and May, a member of the UK’s elite Magic Circle, has proudly charted a different course to its contemporaries. Rebuffing endless international expansion and a bigger partnership, it has maintained a tightly-knit operation. But is it sustainable? Where Slaughters’ rivals have worked hard to
Can the Magic Circle’s Most Profitable Firm Survive Its Own Success? Read More »
The UK government’s latest plan to bump the minimum wage is causing some serious eyebrow acrobatics across the City and among law firms as Rachel Reeves, (pictured) ever keen to show she’s on the side of “working people,” is reportedly preparing to lift the National Living Wage to around £12.70 an hour, according to a
UK Minimum Wage Creeps Up on BigLaw Graduate Salaries Read More »
Private jets, yachts and lavish spending are some of the claims against Thomas Goodhead, co-founder of Pogust Goodhead who is now at the center of one of the most significant governance crises in modern UK law firm litigation, according to a Times report.
Pogust Goodhead (former SPG Law) secured a £450 million debt facility and is now seeing its co-founder CEO ousted before its headline case reaches judgment.
Thomas Goodhead co-founded Pogust Goodhead with U.S. class action veteran Harris Pogust, propelling the firm into the big league in 2023 when it secured a reported £450 million investment . . . log in to read more
A third of UK law firms have failed to meet basic anti-money-laundering (AML) standards, according to the Solicitors Regulation Authority’s latest inspection blitz. Of the 833 firms checked, 270 were non-compliant and another 451 were only partly compliant, a statistic that should make any managing partner’s blood run cold.The SRA handed out about £1.5 million
One in Three UK Law Firms Breach Anti-Money-Laundering Rules Read More »
Robin’s Legal Tech BackfireRobin AI, the poster child for the “AI meets law” revolution, is learning the hard way that venture capital fairy dust doesn’t guarantee happily-ever-after. The London-based legal tech firm, once proudly waving its genAI-plus-human-experts flag, is now cutting staff after growth dreams collided with the brick wall of economic reality.The company confirmed
Robin AI’s Big Bet on Legal Tech Meets Market Reality Read More »
UK Government’s Supreme Court Champion – The ‘Treasury Devil’For Sir James Eadie KC, Britain’s Supreme Court could well provide a sleeping arrangement for one of Britain’s outstanding, leading Silks, whose near-standard appearances in the highest court in the country are countless. James Eadie is both Whitehall’s secret weapon in constitutional battles and a barrister whose
The UK Bar’s Law Star ‘Devil’ – Sir James Eadie KC Read More »
UK Chancellor Reeves Aims Her Sights on Lawyers & OthersBen Borman, LawFuel contributing editorUK Chancellor Rachel Reeves is eyeing roughly £2 billion a year by slapping employer-style National Insurance contributions (NICs) on members of LLPs, that’s lawyers, accountants and anyone else who looks suspiciously well-remunerated.Under the current regime, LLP members are taxed as self-employed individuals
Simmons & Simmons have grown their pensions team in the UK, hiring top pensions risk lawyer Amrit McLean (pictured) and senior lawyers from DLA Piper.McLean has extensive experience and contact within the pensions risk transfer arena, a key component in insurance deals.The firm’s media release concerning the move is below – International law firm Simmons
Simmons & Simmons Recruit 5-Strong Team From DLA Piper Read More »
Raise a glass (or a fountain pen) – the legal profession’s most antiquated greeting has finally been given the boot.The UK Law Society has formally binned “Dear Sirs”, a phrase that clings to legal correspondence like mothballs on a barrister’s robe. The new guidance urges lawyers to ditch the gendered opener that harks back to
‘Dear Sirs’ Gets the Sack — Law Society Dumps Legal Fossil Read More »
