Top Stories

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  City Firms Lead Profit Growth As Regional Firms See Decline

  By Marialuisa Taddia

  The financial gap between City and regional law firms is widening, with big players seeing their partner profit ...(read more)

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  Fieldfisher To Merge With Regan Wall To Boost Irish Presence

  By Ashish Sareen

  Fieldfisher LLP said Wednesday that it is merging with boutique law firm Regan Wall LLP, a move to boost its ser...(read more)

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• Historic England Picks 3 Law Firms For Legal Panel

  By Ashish Sareen

  Bevan Brittan LLP, Trowers & Hamlins LLP and Womble Bond Dickinson have all secured places on the legal panel of Historic England, a public body responsible for protecting and promoting the country's heritage.

• Proposed Tax Reform Could Spur UK Law Firm Consolidation

  By Marialuisa Taddia

  Facing a new tax on limited liability partnership members, U.K. law firms are weighing alternative structures in a shift experts say could accelerate consolidation across the sector and spur U.S. firms to reconsider their local setups.

• Ex-Slaughter & May Lawyer Banned For Lying In Pupillage Bid

  By Jamie Lennox

  A disciplinary tribunal has struck off a former Slaughter and May associate after he admitted to telling a host of lies in his attempt to secure a pupillage within a prominent central London barristers' chambers.

• Carter-Ruck Invokes Privilege In Legal Bid To Stop SRA Case

  By Sophia Dourou

  Carter-Ruck has asked the High Court to block the Solicitors Regulation Authority from investigating it for allegedly using abusive tactics against a politician during a failed libel claim brought by a client who is a donor to the Conservative Party.

• Lawyers Groups Urge Rethink On LLP Tax Proposals

  By Marialuisa Taddia

  Leading lawyers' groups urged the government on Tuesday to scrap plans to add National Insurance contributions to the tax bills of partners in limited liability partnerships, warning that the "poorly designed" proposals could undermine the competitiveness of the legal sector.

• PI Boutique Express Solicitors Gets PE Backing For Growth

  By Ashish Sareen

  Personal injury specialist Express Solicitors Ltd. said Tuesday that it has secured an investment from Ufenau Capital Partners AG in exchange for a majority stake in the firm as the private equity sector continues to take a growing interest in the U.K. legal market.

• Watchdog OKs Stand-Alone Litigation Rights For Legal Execs

  By Ashish Sareen

  The Legal Services Board said Monday that it has approved an application from the Chartered Institute of Legal Executives Ltd. to authorize the executives to have stand-alone litigation practice rights, after a recent court ruling railed concerns among law firms about the legality of delegating litigation work to nonqualified employees.

• Excello Law's Revenues Soar Past £30M Amid Expansion

  By Ashish Sareen

  Excello Law posted record revenues of more than £30 million ($39 million) on Monday, amid expansion in the U.K. and internationally.

• Nigeria Must Reveal £11M Barristers' Fee Details In Costs Row

  By William Janes

  An energy company that defrauded Nigeria won a bid Friday to force the West African state to provide more information about £11 million ($14.4 million) of barristers' fees ahead of a battle over the country's £44 million legal bill.

• The Revolving Door: A&O Shearman Hires Weil Debt Partner

  By Laura Stewart Liberty

  Over the past week, Cleary Gottlieb hired a leading competition disputes partner from White & Case, A&O Shearman recruited a senior leveraged finance partner from Weil and Payne Hicks Beach hired an insolvency pro from Isadore Goldman.

• LSB Reveals Scope Of Mazur Regulatory Advice Review

  By William Janes

  England's legal oversight regulator has revealed that its review of watchdogs after the High Court ruling on Mazur will investigate whether their guidance about who could conduct litigation had an "adverse impact on the regulatory objectives."

• Latham Elects Largest London Partner Intake Since 2022

  By Ashish Sareen

  Latham & Watkins LLP has elected 40 associates in the U.S. and Europe to its partnership, with its London office recording its largest intake of new partners in a single promotions round since 2022.