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Pulse UK
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September 11, 2024
Proskauer Lands Fried Frank's Arbitration Head In London
Proskauer Rose LLP has recruited the former head of arbitration at Fried Frank Harris Shriver & Jacobson LLP in London as the firm looks to boost its litigation practice in the U.K.
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September 11, 2024
Clyde & Co. Hikes NQ Pay To £85K As Talent War Heats Up
Clyde & Co. LLP has said that newly qualified lawyers in the U.K. can now earn up to £85,000 ($110,800), as it joined many other law firms that have hiked pay as the market for junior talent becomes ever-more competitive.
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September 11, 2024
Dickson Minto Breaks Tradition With Walker Morris Hire
Dickson Minto is breaking with its long tradition of virtually exclusively promoting partners from within its ranks by tapping into the lateral hiring market to rebuild its London offering, the Scottish firm's boss told Law360 Wednesday as the firm brings on a real estate veteran from Walker Morris LLP.
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September 11, 2024
IP Boutique Hires Murgitroyd Pro For Life Sciences Team
Haseltine Lake Kempner LLP has hired a new partner from rival Murgitroyd & Co. for its chemistry and life sciences team as the firm looks to expand its patent capabilities in the northern English city of Leeds.
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September 11, 2024
Barrister Accused Of Groping Paralegal At Work Dinner
A barrister with One Essex Court groped a legal assistant during a work dinner, the Bar Standards Board told a tribunal Wednesday.
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September 11, 2024
Legal Industry Grows By 8% In July, UK Gov't Stats Show
The U.K. legal industry posted its second-highest monthly revenue in 2024 as growth in the sector outpaces other professional services industries and the wider economy, new government statistics showed on Wednesday.
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September 11, 2024
Dentons Adds 2 Corp. Pros In Dublin From US Rivals
Dentons has recruited two new corporate partners to its Dublin office from U.S. rivals as it looks to expand its mergers and acquisitions practice in the Irish market and capitalize on its global footprint.
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September 11, 2024
Ex-Simpson Millar Pro Can't Use Privilege Docs In Ouster Spat
Documents detailing failed settlement negotiations between a former director at Simpson Millar LLP and the firm are inadmissible in the solicitor's claim that he was unduly coerced in the lead-up to his dismissal, an employment tribunal has ruled.
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September 11, 2024
Latham Hires Senior Tax Pro From Travers Smith In London
Latham & Watkins LLP said on Wednesday that it has recruited a former head of tax at Travers Smith LLP for its office in London, a blow for the U.K. law firm, which has been hit by the departure of a series of partners.
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September 10, 2024
UK Court OKs Nix Of Partners' Tax Deduction For Amortization
A lower court was correct in ruling that a trio of U.K. entities that formed a limited liability partnership cannot take a tax deduction for the amortization of intangible assets they contributed to the LLP against their share of the profits, the Upper Tribunal ruled.
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September 10, 2024
Simpson Thacher Names Bi-Coastal Fund Finance Leaders
Simpson Thacher & Bartlett LLP has tapped into both its East and West Coast offices to name the new leaders for its fund finance practice, according to a Tuesday announcement.
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September 10, 2024
Womble Bond Eyes Growth, Not Layoffs, With New Tie-Up
The merger between Womble Bond Dickinson and Lewis Roca Rothgerber Christie LLP is not about cutting costs because of mounting competition, the international law firm's U.S. boss told Law360 on Tuesday. It's about growth in the U.S., the U.K. — and beyond.
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September 10, 2024
V&E Launches New Dublin Office In Aviation Finance Push
Vinson & Elkins LLP has launched a new office in Ireland to provide New York and English law advice to clients on aviation leasing and financing matters.
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September 10, 2024
Meet The Lawyers Tapped To Defend In Glencore Bribery Case
Six former Glencore employees, including the commodity giant's billionaire former head of oil, who have been charged with bribery by the Serious Fraud Office, have tapped an all-star list of the U.K.'s most experienced trial solicitors and barristers with a track record of prevailing against the white-collar agency.
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September 10, 2024
Middle Temple Beats Catering Head's Unfair Dismissal Claim
The former head of catering at one of London's four inns of court has failed in his unfair dismissal claim, as a tribunal found on Tuesday that the professional association for barristers had treated him fairly during the redundancy process.
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September 10, 2024
Quinn Emanuel Expands London Footprint
Quinn Emanuel Urquhart & Sullivan LLP said Tuesday it has signed lease extensions and is expanding its base in London as it commits to getting its staff to work in the office.
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September 10, 2024
Kennedys Opens New Offices In LA, Seattle Amid US Growth
Kennedys Law LLP said Tuesday it has opened new offices in Los Angeles and Seattle as the firm looks to build on its accelerating U.S. growth.
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September 10, 2024
Herbert Smith Freehills Hires Private Capital Partner In Asia
Herbert Smith Freehills has hired private capital partner Anthony Vasey to help advise clients at its Hong Kong office on all aspects of the investment life cycle, including fundraising and asset management.
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September 10, 2024
Paul Hastings Taps Capital Markets Pro From Davis Polk
Paul Hastings LLP has hired a prominent capital markets transactions expert as a partner at its London office as it looks to boost its global practice, which it has identified as a priority.
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September 10, 2024
Womble Bond Dickinson To Merge With Lewis Roca
Womble Bond Dickinson said Tuesday that its U.S. business is merging with regional law firm Lewis Roca Rothgerber Christie LLP at the start of the new year, the third law firm merger to be announced in the last week.
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September 10, 2024
Cooley Hires Team For Emerging Companies And VC Practice
Cooley LLP said Tuesday that it has recruited the head of Taylor Wessing LLP's emerging companies and venture capital practice, one of three partner hires as it seeks to boost its transactional ability in London, part of a broader plan for growth in the English capital.
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September 09, 2024
Clifford Chance Adds Latham Capital Markets Atty In Houston
Clifford Chance LLP is expanding its capital markets team, announcing Monday it is bringing in a Latham & Watkins LLP energy and infrastructure expert as a partner in its Houston office.
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September 09, 2024
UPC Names New Chief Of Patent Arbitration Service
The Unified Patent Court said Monday it has appointed Slovenia's former minister of justice to head up its dedicated patent mediation and arbitration arm.
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September 09, 2024
Flint Bishop Snaps Up Recoveries Team From Walker Morris
Central English law firm Flint Bishop Ltd. announced on Monday that it has expanded into Leeds by acquiring Walker Morris LLP's entire volume banking and finance recoveries division, a deal that is part of a strategy to boost its national presence.
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September 09, 2024
Freshfields Sets 20% Social Mobility Target For Trainees
Freshfields Bruckhaus Deringer LLP said Monday that it will recruit at least 20% of its trainee solicitors from a working class background in the next two years, as the legal sector continues to strive to become less elitist.
Expert Analysis
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Tips On Preparing A Business To Navigate A Corporate Crisis
The recent CrowdStrike IT issue demonstrates that while it can be difficult to predict when a crisis might hit, there are proactive steps senior executives and their legal advisers can take to be better prepared for such an eventuality and to weather the storm more effectively, says Jenny Afia at Schillings.
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How Generative AI Is Changing Legal Department Functions
Generative artificial intelligence is of much greater consequence than previous legal technologies and is therefore poised to reshape legal functions, redefine the roles of legal professionals, and change how much legal work is delivered — and some key practice areas and legal activities stand to be most transformed, say members of Deloitte Legal.
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Examining The State Of Paccar Fixes After General Election
Following the U.K. Supreme Court's Paccar decision last year, which made many litigation funding agreements for opt-out collective actions in the Competition Appeal Tribunal unenforceable, the judiciary will likely take charge in implementing any fixes — but the general election has created uncertainty, says Ben Knowles at Clyde & Co.
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PR Perspectives: Judging When To Engage With Politics
Parliament's recent return from its summer break brings opportunities for legal public relations professionals to engage with political topics, and although it is less risky to say nothing, deciding to enter the conversation can reap rewards, says Ben Finnis at Greentarget.
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Opinion
Gov't Should Offer Support To Improve Firms' Cybersecurity
With an escalating sophistication and frequency of cyberattacks in law firms and businesses, there is a need to address potential threats and an opportunity to push the new government for significant legislative change to strengthen the U.K.’s cybersecurity framework, says Scott Kramer at Clio.
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What M&A Uptick Will Mean For Legal Hiring
Thomson Reuters research reveals an improving macroeconomic picture of incoming interest rate cuts, and with market confidence in the new U.K. government, there is a higher corporate demand for transactional advice, leading law firms to increase their hiring in preparation for this heavier workload, says James Lavan at Buchanan Law.
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How In-House Legal Teams Can Improve Their Reputation
In-house legal teams, long believed to create unnecessary hurdles, can reframe themselves as integral business partners by embedding best practices in governance and compliance, engaging directly with key stakeholders and fostering relationships with colleagues, says Sarah Davis at The Legal Director.
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Why A Robust Brand Is Increasingly Important For Law Firms
The benefits of a brand are not always viewed as quantifiable, but the legal sector is realizing the tangible benefits and important function of a strong brand, and can take steps to capitalize on this significant value-adding asset, say Daniela Conte at Gibson Dunn, Ben Girdlestone at Byfield and Leor Franks at Kingsley Napley.
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SRA Review Could Bring Shift In Handling Legal Client Funds
Recent high-profile cases of breaches of fund-handling rules, and an ongoing Solicitors Regulation Authority review, challenge a long-standing culture of law firms dealing with client funds in-house, and firms may need to opt for other business models to enhance consumer protection, says Claire Van Der Zant at Shieldpay.
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Opinion
Why Incoming Government Must Reform UK's Justice System
As the U.K. approaches a possible watershed general election, the new government must undertake the reforms and investment needed to restore the justice system, and public confidence and safety with it, says Sam Townend at the Bar Council.
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The In-House Versus Law Firm Talent Battle In The Gen Z Age
Although elite law firms are offering ever-increasing salaries to talented associates, the traditional concept of partnership is evolving, and work-life balance issues and a greater concern with working in a sustainable environment among Gen Z lawyers mean that going in-house is becoming a more attractive option over time, say Calvin Gardiner and Simi Bains at Buchanan Law.
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PR Perspectives: Consider The Value Of Legal Awards
Many lawyers question the value of entering or sponsoring legal awards, but with a structured approach and appropriate management, they can provide a chance to promote a firm or set of chambers across multiple platforms and a golden opportunity to develop new business, says Clare Rodway at Kysen.
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Law Firms Should Consider Value Of Off-Peak LinkedIn Posts
Statistics show only a minor dip in law firms' LinkedIn post performance at weekends and holiday periods, demonstrating a missed opportunity to reach the many business leaders and lawyers who use the platform at off-peak times, says Simon Marshall at TBD Marketing.
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PR Perspectives: 7 Habits Of Highly Effective Legal PR
Daniela Conte at Gibson Dunn outlines practical steps that public relations professionals working in the legal industry can take to excel at their craft, including providing regular media coaching to lawyers and quantifying the value of PR work.
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Why Law Firms May Want To Set Up Charitable Foundations
An increasing number of law firms are setting up their own charitable foundations, which may be a way of achieving the goals a purposeful business wants to pursue and demonstrating to its stakeholders a tangible commitment to its professed values, says Robert Nieri at Shoosmiths.