Law firm news by topic » UK

Top 20 UK firms reduce equity partnerships

Sep 11, 2013 The UK's 20 largest law firms by revenue have seen the overall proportion of equity partners fall by 12% over the last seven years, with equity partners accounting for 59% of the total partner count in 2012-13, according…

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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…

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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…

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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…

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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…

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