The result of the Brexit referendum has given way to a multitude of ripple effects, politically and economically. One effect being contemplated is whether the UK will continue to serve as a gateway to Europe for foreign
Reed Smith announced it will cute 45 lawyer roles spanning its US, UK and Middle Eastern offices. The firm, which has a total of 1650 lawyers, cited a shifting nature of the legal
White & Case is reviewing options to open a shared services center for its European offices in the UK. The firm currently operates two such back office support centers, one in Manila
DLA Piper has appointed a new UK managing partner to succeed Mark O'Conor. Sandra Wallace, based in Birmingham, will assume the role on 1 August. Wallace's appointment marks the first
Pinsent Masons has decided to open an office in Brussels due to the uncertainty of the UK's fate as an EU member. The decision on the future of the office will play out in part
King & Wood Mallesons completed a review of its UK partnership and the result of the review will see up to 15 partners departing the firm immediately. Several of the
Taylor Wessing UK managing partner Tim Eyles is standing uncontested in the firm’s upcoming elections for its management. The new term would be Eyles’ third, after first
Trowers & Hamlins made up nine partners in its UK and Abu Dhabi offices, more than doubling its number of promotions this year compared to last, a year in which, however, the
Compared to five years prior, the number of UK trainees has fallen by 17% among Magic Circle firms. Clifford Chance and Allen Overy led the statistical drops with 25 and 23% drops, respectively in the given period.
The Canadian Bar Association has recommended that non-lawyers be able to own law firms. As Above the Law points out, the recommendation is in sharp contrast to current policy in Texas, where a State Bar ethics ruling
Baker & McKenzie’s record breaking financial results have put profit per equity partner up to £773,000 for 2013/14, and made it the first law firm to hit annual revenues of US$2.5bn since the global financial crisis.
Scottish firm Harper Macleod has merged with private client boutique Bird Semple. The combined firm will operate under Harper Macleod’s banner, with 59 partners - five of whom are from Bird Semple), 153 lawyers and
Ashurst is set to lay off up to 17 support staff as it outsources out-of-hours support services. The current out-of-hours support team consists of 34 staff. The firm intends to retain a London "hub" of staff, while
West End law firm Hamlins has seen Profit per equity partner leap up by 52 per cent, from £367,000 to £560,000, in the last financial year. The 26-partner firm also announced a 27 per cent jump in revenue, going
Linklaters has announced that it will retain 93 per cent of its trainees this autumn, offering 54 of 57 trainees a position as a newly qualified lawyer, and seeing 53 accept the offer. Linklaters is the first among