legal services
- Finance
Magic Circle law firms promote record numbers of female partners as diversity drives take hold
Magic Circle law firms have promoted record numbers of female partners this year, as the legal sector seeks to improve…
Read More » - Finance
Magic Circle’s record partner numbers show push to keep stars: ‘Good people could get poached away’
London’s Magic Circle law firms have promoted record numbers of partners in 2022, amid surging demand for legal services and…
Read More » - Finance
Clifford Chance boosts junior lawyers’ pay to £125,000
Magic Circle law firm Clifford Chance has raised its pay for freshly qualified lawyers to £125,000 per year. The firm…
Read More » - Finance
White & Case fired London partner depressed at wife’s cancer in ‘toxic’ culture, tribunal told
A former partner in the London office of White & Case has accused the US law firm of having a…
Read More » - Finance
Ex-Dechert partner leaked client info to SFO, court finds
Eurasian Natural Resources Corporation has succeeded in a claim against the Serious Fraud Office and law firm Dechert in a…
Read More » - Market
Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse
Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the…
Read More » - Market
Dow jumps over 300 points after retail sales data as investors await Fed’s Powell
U.S. stocks were in bounce mode Tuesday as retail sales for April suggested the economy remained healthy and investors awaited…
Read More » - Finance
Trading Places: Magic Circle’s record promotions, banks poach for ESG and private markets
The City’s banks and professional services firms had another busy week on the hiring front, trying to cash in on…
Read More » - Finance
Law firm Ince launches internal inquiry after accusations of ‘inappropriate’ behaviour in Cardiff restaurant
Law firm Ince has launched an investigation after a group of diners — which included its chief executive Adrian Biles —…
Read More » - Finance
Linklaters rolls out global menopause policy for staff
Law firm Linklaters has set out a global menopause policy to provide support for employees going through it, raise awareness…
Read More » - Finance
KPMG UK to double size of legal arm amid investment spree
KPMG UK is set to double the size of its legal services arm over the next three years amid a…
Read More » - Finance
Banks’ post-Brexit ‘desk-mapping’ review will end up being a damp squib, City predicts, as finish line nears
A major review into how UK banks structure their operations in the EU after Brexit could end in an anticlimax,…
Read More » - Finance
Browder calls on UK to ban travel for US ‘enablers of Putin’
Hedge-fund founder Bill Browder says he plans to pressure British MPs and the UK government to take action against lawyers in the US…
Read More » - Finance
EY hit with £2bn lawsuit over NMC Health audits
Big Four auditor EY has been hit with a lawsuit by the administrators of collapsed FTSE-100 healthcare business NMC Health.…
Read More » - Market
‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the…
Read More » - Tech
Russia Sanctions Complicate Paying Ransomware Hackers
The nearly nonstop series of new U.S. sanctions being levied in a bid to halt Russia’s war machine have complicated…
Read More » - Finance
Clifford Chance promotes 37 lawyers to partner worldwide
Clifford Chance has promoted 37 lawyers to its partnership, a jump of more than 25% on its 2021 round, and…
Read More » - Finance
Allen & Overy promotes 39 lawyers to partner globally
Allen & Overy has promoted 39 lawyers to its partnership, including 13 in London. Banking accounts for 13 of the…
Read More » - Finance
First bankers, now lawyers: cryptocurrency industry’s latest hiring frenzy
The cryptocurrency industry is ramping up efforts to recruit more legal talent as it faces increased regulatory pressure while looking…
Read More » - Tech
Crypto Industry Can’t Hire Enough Lawyers
The cryptocurrency industry is ramping up efforts to recruit more legal talent as it faces increased regulatory pressure while looking…
Read More » - Finance
Hot hiring market for London lawyers continues into 2022 despite M&A slump
The booming recruitment market for lawyers in London has stayed hot into 2022, despite a slowdown in deal flow and…
Read More » - Finance
Dechert hires director from Bank of America in hot legal hiring market
Dechert has hired Bank of America director and assistant general counsel Richard Pugh as a partner in its London office.…
Read More » - Finance
Swiss banker jailed in fraud case after putting strip clubs and dates on expenses
Switzerland’s former ‘banker of the year’ has been jailed after a fraud trial revealed he used company expenses for strip…
Read More » - Finance
Firms are rushing out of Russia. Employment lawyers say it isn’t quite that simple
Thousands of staff from UK-headquartered companies are heading for the exit in Russia. From law firms and consultancies to banks…
Read More » - Finance
Russian lawyers rush to set up new firms amid exodus and fears for future
Russia-based lawyers at UK and US law firms are rushing to secure their future as their employers withdraw from the…
Read More » - Finance
Trading Places: Linklaters and Freshfields promote partners, Citi eyes healthcare deals
Law firm promotion season was in full swing this week. Linklaters made up 41 lawyers to its partnership, including 17…
Read More » - Finance
Freshfields just promoted 27 to partner — here are the names
Freshfields Bruckhaus Deringer has promoted 27 lawyers to partner, including seven from its London office. The promotions round is more than…
Read More » - Finance
Ogier to launch in Ireland with Leman deal as Dublin heats up post-Brexit
Offshore law firm Ogier is set to enter an Irish legal market that has boomed since Brexit by taking over Dublin firm…
Read More » - Finance
Evergrande ropes in advisers to review $2bn cash seizure
A quartet of outside law firms and accountants will help probe how banks ended up taking control of more than $2bn at…
Read More » - Market
The stock market is behaving a lot like it did during the Iraq war. Here’s the future if the pattern continues.
History doesn’t repeat, but it does rhyme. The Iraq war of 2003 doesn’t have many parallels to Russia’s invasion of…
Read More » - Finance
Watson Farley & Williams partner killed in Australia landslide
A partner at City law firm Watson Farley & Williams has died alongside his young son while hiking in Australia,…
Read More » - Finance
Linklaters promotes 41 to partner – here are the names
Linklaters has promoted 41 lawyers to its partnership, including 17 in its London office. The Magic Circle firm has increased…
Read More » - Market
Here’s the first Wall Street recession call of the new inflation era
One of the big questions over the past week or so is whether to listen to the bond market’s apparent…
Read More » - Finance
Grant Thornton bills £19m for first year of Greensill administration
Grant Thornton generated £19m in fees during its first year as the administrator of collapsed supply chain financer Greensill Capital,…
Read More » - Finance
Major London law firms hiring ‘anyone with a pulse’ as soaring salaries aren’t enough to keep junior lawyers
City law firms are struggling to retain junior lawyers in the wake of Covid-19, despite soaring salaries netting newly qualified…
Read More » - Finance
Crypto firms lawyer up as regulatory clouds gather
Crypto firms are beefing up their in-house legal and compliance teams in the face of a crackdown from regulators across…
Read More » - Finance
Fund managers call lawyers over ESG jitters as greenwashing fears mount
Asset managers are getting anxious about increased attention regulators are paying to their sustainable investment claims, sparking an uptick in queries…
Read More » - Finance
‘Meaty’ bonuses are on the way for junior lawyers at US firms in London
Junior lawyers in the London offices of US firms are gearing up for an end of year bonus season that…
Read More » - Finance
HSBC hires Wiggins for key UK investment banking role
HSBC hired a senior investment banker in a push to win more lucrative M&A deals in the UK. Sarah Wiggins…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
‘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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More » - Finance
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…
Read More »
