Category: law firms

“Britain’s leading law firms are bracing themselves for the release of gloomy half-year results this week with early signs showing that the recent boom in commercial legal services has ended abruptly. Only two leading firms, Lovells and CMS Cameron McKenna, are projecting double-digit revenue growth for the six months to October 31, in contrast to the last full-year results released in July, when many City firms reported increases of between 10 and 30 per cent.”

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The Times, 3rd November 2008

Source: www.timesonline.co.uk

“A legal showdown between the Icelandic Government and HM Treasury looked likely today as it emerged that senior officials in Reykjavik have hired one of London’s top litigation law firms.”

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The Times, 30th October 2008

Source: www.timesonline.co.uk

“Ashurst, Freshfields Bruckhaus Deringer and Linklaters have been named among the nominees for a number of top accolades at the 2008 British Legal Awards.”

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Legal Week, 30th October 2008

Source: www.legalweek.com

“The credit crunch could leave the City’s legal infrastructure bruised and sore. Going in-house may not provide much relief.”

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The Times, 23rd October 2008

Source: www.timesonline.co.uk

“The head of Europe’s biggest training institution for lawyers has stepped into the row over whether there should be separate regulation of the UK’s major corporate law firms as distinct from the High Street firms that make up the bulk of the profession.”

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The Times, 14th October 2008

Source: www.timesonline.co.uk

“Law firms are feeling the pinch as Britain’s top companies, under pressure from the economic downturn, slash their spending on outside legal advice.”

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The Times, 26th August 2008

Source: www.timesonline.co.uk

“Their clients may be cutting jobs and reeling from millions of pounds in losses, but Britain’s corporate lawyers enjoyed record profits last year.”

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The Times, 26th August 2008

Source: www.timesonline.co.uk

“Law firm employees are working the equivalent of an extra day a week compared to the start of the year, with many firms failing to fill spaces left by departing staff members.”

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The Lawyer, 18th August 2008

Source: www.thelawyer.com

“A record year for the City’s leading law firms saw them close the gap on their New York rivals in profitability, according to research published today.”

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The Times, 7th July 2008

Source: www.timesonline.co.uk