Law firm news by topic » UK

UK legal aid reforms tempered

Sep 9, 2013 UK Justice Secretary Chris Grayling has announced that he will not proceed with the plan to introduce competitive tendering for criminal legal aid contracts. The plan - under which the government would award…

more »

Top 100 UK firms increased profits by 8% in 2012-13

Sep 2, 2013 The largest 100 UK law firms made combined profits of £5.8 billion in 2012-13, an 8 per cent increase on last year’s result. A survey conducted by Legal Business magazine also shows that the top 100 firms billed a…

more »

UK firms offer trainees short-term employment

Aug 28, 2013 Roll on Friday reports that some major UK law firms are offering trainees short term contracts rather than permanent employment upon qualification. The publication asked fifty leading firms about the terms upon which…

more »

Norton Rose Fulbright raises pay for NQs

Aug 19, 2013 Norton Rose Fulbright has announced a pay rise for its newly qualified (NQ) lawyers, lifting annual compensation by £1,500 to £63,000. Salaries for first and second year trainees at the firm have stayed at £38,000 and…

more »

Survey points to concern over ABSs in the UK

Aug 7, 2013 A new survey reveals a widespread perception that alternative business structures will undermine the service provided by law firms. ABSs were introduced in the UK to allow legal services to be provided under business…

more »

King & Wood Mallesons in for further mergers

Aug 7, 2013 Robert Milliner, the former chief executive partner of Mallesons Stephen Jaques who brokered its merger with King & Wood, has predicted further mergers for the mega firm. Milliner, who acted as the chief executive…

more »

UK top 50 see revenue growth

Aug 7, 2013 The top 50 law firms in the UK grew nearly 5 per cent in the 2012-13 financial year, making last year their third consecutive year of growth amid a troubled economy. Legal Week reports that much of the growth was…

more »