legal services
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Meet the ‘diva of divorce’ Ayesha Vardag, who charges her super-rich clients £1,200 an hour
“I’ve for a very long time been the most expensive divorce lawyer in London,” Ayesha Vardag says from her plush wood-panelled office…
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How law became a gold mine for the rich and powerful
Katharina Pistor, professor of comparative law at Columbia Law School, is the author of The Code of Capital: How the…
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Kirkland raiding Freshfields’ stars ushers in new era for private equity team
Kirkland & Ellis’s hire of two rising stars from Freshfields last week marks a changing of the guard in the…
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Lawyers warn of legal risks as Goldman, JPMorgan relax Covid safety in offices
Lawyers warn that City firms that opt to scrap social distancing requirements in the workplace could face a surge in employment…
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Banks and law firms worst on gender pay gap as ‘old boys’ hiring still rampant
When it comes to the City closing the gender pay gap, top law firms and banks have the steepest hills…
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Ex-Linklaters managing partner Gideon Moore on life after the Magic Circle
When Linklaters managing partner Gideon Moore recorded a video to the firm announcing his departure earlier this year, he ended by…
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FCA chair Charles Randell resigns in shock move amid staff morale crisis
The chair of the Financial Conduct Authority has resigned, amid a period of turmoil at the UK’s markets regulator. Charles…
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Trading Places: Investec nabs Credit Suisse vet, Kirkland & Ellis hires Freshfields PE partners
In a busy week of earnings and booming revenues from the investment banks, the financial services sector also seen top moves…
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Freshfields introduces paid leave for pregnancy loss
Freshfields Bruckhaus Deringer has introduced a paid leave policy for UK staff and their partners who have been affected by…
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Dechert’s Smridhi Gulati on why City lawyers need more female role models
In the latest in our series of profiles with leading lawyers in the City, Dechert corporate partner Smridhi Gulati discusses how she…
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Ex-Jefferies, Octopus GC looks to shake up legal panel at Reach
The new general counsel of Daily Mirror and Daily Express-owner Reach has launched a review of the company’s legal advisers.…
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Chancellor appoints Freshfields partner to lead UK stock market capital raising review
Chancellor Rishi Sunak has appointed Freshfields partner Mark Austin to lead a review of capital raising on UK stock markets…
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Linklaters hikes junior salaries to £107,500 to leapfrog Magic Circle rivals
Linklaters has hiked salaries for its newly qualified lawyers to £107,500, pulling away from its Magic Circle rivals in the pay…
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Woodford investors edge closer to court action with administrator
A law firm representing more than 11,000 investors in Neil Woodford’s former flagship investment fund has begun court proceedings against…
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‘You needed to be seen as a slave to the clock’ — deal boom breaks down law firm taboos
Demand from law firms for recruits amid an ongoing deal boom is increasing junior lawyers’ ability to question prospective firms…
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Seven in 10 legal professionals suffered ill mental health over the last year
Seven-in-10 legal professionals suffered poor mental health in the previous 12 months, a survey of 1,700 legal professionals has found. The research…
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Slaughter and May appoints deal lawyer as next senior partner
Magic Circle firm Slaughter and May has elected deal lawyer Roland Turnill as its next senior partner. It is the…
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Freshfields poaches top dealmaker from Cravath
Freshfields Bruckhaus Deringer is poaching a top dealmaker from Cravath, Swaine & Moore, the latest offensive in a talent war…
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DLA Piper debt capital markets partner elected City’s next Lord Mayor
DLA Piper partner Vincent Keaveny has officially been elected as the City of London’s 693rd Lord Mayor. Keaveny will succeed Lord…
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KPMG goes to High Court over Patisserie Valerie administration dispute
KPMG is set to take a dispute over its role in the administration of failed café chain Patisserie Valerie to…
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Open Banking boss quits over bullying and sexism allegations
The head of the UK’s open banking oversight organisation is stepping down after an investigation found a culture of bullying, intimidation…
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Clifford Chance’s Melissa Fogarty: ‘There are far too few female and minority partners’
Female and minority lawyers are still being held back from rising to the top of leading law firms, according to…
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Slaughter and May elects first female leader
Partners at Slaughter and May have elected their former disputes head as the firm’s first female leader. Deborah Finkler has…
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Why we need a crypto regulator
The world’s most powerful regulatory bodies, including those in the US and the UK, have been publicly grappling with how…
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S&P 500, Nasdaq extend record climb Thursday after weekly jobless claims report
U.S. stock benchmarks opened higher Thursday, with the S&P 500 index and the Nasdaq in record territory, as jobless benefit…
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How Theranos founder Elizabeth Holmes got to trial as jury selection starts
Theranos founder Elizabeth Holmes headed to court Tuesday, as her legal team sought to help assemble a group of impartial jurors…
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Linklaters appoints new finance and disputes heads following leadership shake-up
Linklaters has appointed new global finance and dispute resolution heads following the election of a new top management team. Andy…
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Binance faces legal claims as traders build $5m war chest for action
Binance is facing legal action from traders who say they were left out of pocket after the exchange crashed during the…
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PwC partner accused of leaking client information in £63m lawsuit exits firm
A senior PwC partner who has been accused in a £63m lawsuit of leaking sensitive client information has left the…
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‘It’s a sausage factory’: Law firms fight to replenish junior ranks as deal boom burnout strikes
The City’s legal sector, like many other areas of the economy, cannot seem to hire good people fast enough, sending…
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Boom time for the City’s law firms as deals drive record profits and pay
The City’s legal market is running white hot, if figures coming out of its leading lights are anything to go…
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Freshfields profit per partner gains to almost £2m in wake of Magic Circle pandemic boom
Freshfields Bruckhaus Deringer has become the latest major law firm to report a jump in revenue and profit as the City’s legal sector…
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The restructuring hiring rush is on, despite a flat market
An injection of private equity cash into the restructuring market via new spin-offs from Deloitte and KPMG has stoked frantic hiring…
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SFO’s boss in spotlight as fraud hunters ask: ‘When are they going to do something?’
Some in the City are wondering how sharp the SFO’s teeth are anymore as the UK agency tasked with investigating…
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Slaughter and May boosts first-year lawyer salaries to £100,000
Magic Circle law firm Slaughter and May has bumped salaries for its first year lawyers to £100,000. Salaries for newly…
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KPMG says Silentnight pensioners were not harmed by its misconduct
A lawyer for KPMG has denied that pensioners from mattress company Silentnight were harmed because of misconduct by one of…
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Amazon is the world’s most valuable brand, but Alibaba and Facebook have better financials
Amazon.com has continued to grow at an excellent pace as it has branched out into new categories of products and…
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Lanistar UK staff plea to be paid: ‘People are genuinely suffering’
Current and former UK staff of Instagram-hyped fintech Lanistar say they are owed thousands of pounds in late or missed…
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Buy these 6 types of stocks next as Big Tech falters and inflation falls, says Swiss bank UBS.
U.S. stocks are set for a mixed day ahead, following a tumultuous Thursday that saw technology companies help the Nasdaq…
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Linklaters sexual harassment case hears closing arguments
A London employment tribunal has heard closing arguments in the claim of a former contractor at Magic Circle law firm…
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US law firm boosts pay for first year London lawyers to $200,000
Wall Street law firm Milbank has ramped up pay for first year lawyers in London to $200,000 amid a mergers…
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Law firm Charles Russell Speechlys pursues celebrity fintech Lanistar over unpaid debt
Celebrity fintech Lanistar is being pursued by a law firm over an unpaid debt, marking the latest blow in a series…
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Ex-Linklaters tech head denies sexually harassing junior contractor
The former head of law firm Linklaters’ technology business has told an employment tribunal he did not sexually harass a…
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Linklaters hits back at sexual harassment claims as employment tribunal begins
A barrister representing City law firm Linklaters and one of its former senior staff members has denied accusations at an…
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