“An increasing number of City law firms are breaking one of the profession’s greatest unwritten rules by positioning themselves to sue investment banks, confident that the first of an expected wave of lawsuits arising from the credit crunch will emerge in Britain within weeks.”
The Times, 18th February 2008
Source: www.timesonline.co.uk
“Law firms that grew rich by exploiting sick miners are to be forced to repay tens of millions of pounds that they wrongly sliced from their clients’ compensation.”
The Times, 8th February 2008
Source: www.timesonline.co.uk
“The UK’s top law firms are steeling themselves for a difficult year ahead with confidence among senior managers falling for the first time in six years, according to a survey. The news will add to fears that the legal market may have peaked.”
The Times, 29th January 2008
Source: www.timesonline.co.uk
“Eight major law firms have joined a programme aiming to improve the development of black and ethnic minority lawyers.”
Legal Week, 22nd January 2008
Source: www.legalweek.com
“UK law firms pocketed more than £1bn in fees from the private equity sector in 2006, with legal advisers confirmed as one of the main beneficiaries of the boom in venture capital activity over recent years.”
Legal Week, 21st January 2008
Source: www.legalweek.com
“One of Britain’s biggest property law firms has become embroiled in a spectacular fraud claim.”
The Sunday Times, 20th January 2008
Source: www.timesonline.co.uk
“The Solicitors Regulation Authority (SRA) is to consult on plans for a ‘suitability test’ for non-lawyer partners in law firms in the wake of the Legal Services Act.”
Legal Week, 10th January 2008
Source: www.legalweek.com
“Partners warn that litigation risks for law firms are mounting in the global marketplace in the wake of a spate of negligence claims, but firms have beefed up their risk management procedures. Michelle Madsen reports on the latest Big Question survey.”
Legal Week, 13th December 2007
Source: www.legalweek.com
“Two-thirds of law firms have poached a team from a rival practice, according to research by Smith & Williamson.”
The Times, 7th December 2007
Source: www.timesonline.co.uk
“A wry picture of restless discontent amid increasing affluence is painted in the Law Firms’ Survey 2007 published yesterday by PricewaterhouseCoopers.”
The Times, 27th November 2007
Source: www.timesonline.co.uk
“Freshfields Bruckhaus Deringer has dropped its costs claim against former partner Peter Bloxham, following his announcement today (21 November) that he will not appeal an age-discrimination ruling acquitting the magic circle firm.”
Legal Week, 21st November 2007
Source: www.legalweek.com
“Starting salaries for City lawyers have broken the £60,000 mark for the first time as demand for new talent soars, an analysis by a leading legal recruitment firm has found.”
The Independent, 19th November 2007
Source: www.independent.co.uk
“Former Freshfields Bruckhaus Deringer partner Lois Moore has dropped her age discrimination case against the firm as the City giant pursues costs in a similar case brought by former restructuring head Peter Bloxham.”
Legal Week, 15th November 2007
Source: www.legalweek.com
“The chief executive of the SRA says it is determined to understand why certain groups figure more highly in some areas of regulation.”
The Times, 24th October 2007
Source: www.timesonline.co.uk
“Jack Straw is facing calls for a review of the solicitors’ regulatory watchdog after allegations yesterday from black lawyers and one of Britain’s most senior black police officers that it is ‘institutionally racist.’ ”
The Times, 19th October 2007
Source: www.timesonline.co.uk
“Life for women in the legal workplace need not be as bad as some would paint it.”
Law Society’s Gazette, 18th October 2007
Source: www.lawgazette.co.uk
“It was intriguing that the loudest sighs of relief after Peter Bloxham lost his age discrimination claim against his former partners at Freshfields Bruckhaus Deringer last week were from lawyers nearer the end than the start of their careers.”
The Times, 17th October 2007
Source: www.timesonline.co.uk
“Regulatory work has become an increasingly significant stream of work for the litigation departments of UK and US firms over the last year, according to new research.”
Legal Week, 15th October 2007
Source: www.legalweek.com
“This is an edited version of Stop the Clock?, a research report on value and fees in legal services produced by the Commerce & Industry Group and accountants and business advisers BDO Stoy Hayward.”
Law Society’s Gazette, 11th October 2007
Source: www.lawgazette.co.uk
Related link: Stop the clock? (PDF) – Commerce & Industry Group
“Lawyers are using email to send sensitive information even though they think it is one of the least safe ways of communicating, according to a recent poll.”
Law Society’s Gazette, 11th October 2007
Source: www.lawgazette.co.uk
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