Pulse UK

  • November 15, 2024

    LSB Seeks Feedback On New Economic Crime Guidance

    The Legal Services Board on Friday called for feedback on draft guidance designed to help regulators tackle money laundering, fraud and sanctions evasion as the government continues to crack down on economic crime.

  • November 15, 2024

    Ex-Freshfields Partner Suspended Over Inappropriate Conduct

    A former partner with Freshfields will face a two-year suspension and a costs bill of £66,000 ($83,500), the profession's disciplinary tribunal has ruled after finding that he had engaged in "inappropriate and unwanted conduct" while employed at the firm.

  • November 15, 2024

    Legal Sector Income Rose 7% In September, Gov't Data Shows

    The U.K. legal industry outperformed the wider services sector in September as revenue hit £4.3 billion ($5.4 billion), data from the government's official statistics agency revealed on Friday.

  • November 14, 2024

    Proskauer Taps Ex-Creative Artists Agency CFO As New COO

    Proskauer Rose LLP announced Thursday that it has hired the former chief financial officer from Creative Artists Agency as its chief operating officer to oversee the firm's operations and 800 business services professionals.

  • November 14, 2024

    GCs Brace For Rising Costs From Clean Energy Disputes

    A new survey of 300 general counsel and top in-house lawyers shows they are already dealing with disputes stemming from the global shift toward clean energy, with many respondents anticipating litigation and arbitration costs will rise in coming years.

  • November 14, 2024

    Gowling Taps Norton Rose Innovation Head To Lead AI Efforts

    Gowling WLG said Wednesday that it has tapped the former director of strategic innovation and legal design at Norton Rose Fulbright to lead its efforts around the use of artificial intelligence.

  • November 14, 2024

    Barrister Group Floats New Arbitration Venue With ADR Biz

    The Barrister Group has teamed up with an alternative dispute resolution specialist to launch a new U.K. arbitration venue with a tech-driven approach.

  • November 21, 2024

    Ex-Gibson Dunn Disputes Pro To Move Into In-House Role

    Marsh McLennan has hired a dispute resolution partner from Gibson Dunn & Crutcher LLP in London as a general counsel for two of its consulting businesses, the firm said Thursday.

  • November 14, 2024

    Cravath Names 7 New Partners In London, New York

    Cravath Swaine & Moore LLP has elected seven new partners from its London and New York offices to add to the senior ranks of the firm.

  • November 14, 2024

    DLA Piper Names Leeds Chief As UK Managing Partner

    DLA Piper said Thursday that the head of its office in Leeds will become managing partner of the firm in the U.K. as it looks to continue growing the business.

  • November 14, 2024

    SRA To Reassess If Solicitors Should Hold Clients' Money

    The Solicitors Regulation Authority forged ahead Thursday with plans to reassess whether solicitors should continue to hold their clients' money, following the disappearance of nearly £65 million ($83 million) from Axiom Ince Ltd.

  • November 13, 2024

    Ex-CBA Chief Sexually Exploited Law Students, BSB Says

    The English barristers regulator told a disciplinary tribunal Wednesday that Jo Sidhu KC, former chair of the Criminal Bar Association, abused his power and influence to sexually exploit young women aspiring to be lawyers.

  • November 13, 2024

    Barrister Cannot Lift Ban After Mishandling Client's Money

    A London judge has dismissed a barrister's bid to overturn an 18-month ban for mishandling £323,000 ($410,550) of client money, ruling that he was well aware of his actions and couldn't protect himself behind a corporate veil.

  • November 13, 2024

    Plan To Cut Apprentice Funding Could Hinder Diversity Efforts

    A plan by the U.K. government to remove levy funding for solicitor apprenticeships threatens to hinder efforts to make the legal sector more diverse and inclusive, just as the industry was starting to see significant progress in enhancing social mobility, experts say.

  • November 13, 2024

    Kingsley Napley Names Matt Meyer As Next Managing Partner

    Kingsley Napley LLP announced Wednesday that it has recruited a former longtime chief executive at Taylor Vinters LLP to serve as its next managing partner as it looks to continue its growth trajectory after delivering record turnover earlier this year.

  • November 13, 2024

    Shifting Market Winds Blew Kramer Levin To HSF Deal

    In the span of four years, Kramer Levin co-managing partner Howard Spilko went from "very happy" with the firm's geographical footprint to announcing a combination with a more-than-2,000-lawyer global giant. Here, Law360 Pulse looks at the increasing headwinds for smaller law firms that led to that change in position.

  • November 13, 2024

    Wales Solicitor Agrees To Quit Profession Over Stabbing

    The former senior partner of a law firm in Wales has been barred from the solicitors' profession after he was convicted by a criminal court of stabbing a director with a kitchen knife.

  • November 20, 2024

    Greenberg Traurig Hires Capital Markets Pro From Latham

    Greenberg Traurig LLP said Wednesday it has hired a capital markets expert as a shareholder in its London office from Latham & Watkins LLP, the latest departure for the U.S. legal giant.

  • November 13, 2024

    SRA Fines 2 Law Firms Over AML Failings

    The Solicitors Regulation Authority has fined two law firms for failing to take steps to mitigate the risk of being exposed to money laundering and terrorist financing, as it continues to clamp down on legal businesses that fall short on compliance.

  • November 12, 2024

    Ex-CBA Chief Jo Sidhu Loses Privacy Bid In Harassment Case

    The former chair of the Criminal Bar Association on Tuesday lost his bid to have a sexual harassment case against him heard behind closed doors, with a disciplinary tribunal ruling that the case should be held in public.

  • November 12, 2024

    Forsters, Ex-Bank Lawyer Avoid Case Of Failed Property Deal

    Forsters LLP and a former Bank of Tokyo-Mitsubishi lawyer have avoided being sucked into a philanthropist's £3.5 million ($4.7 million) legal battle over a collapsed property deal.

  • November 12, 2024

    Kramer Levin's Paris Office Won't Be Part Of Combo With HSF

    Herbert Smith Freehills LLP confirmed Tuesday that the Paris office of Kramer Levin will not be included in the merger between the two firms.

  • November 12, 2024

    Mishcon Revenues Hit £162M In 1st Half As Profits Grow

    Mishcon de Reya said Tuesday that the group is on track for a strong 12 months after it recorded revenues of over £160 million ($204 million) and a 13% increase in profits in the first half of its current financial year.

  • November 12, 2024

    Irwin Mitchell To Open New Office In Nottingham

    Irwin Mitchell LLP announced Tuesday that it is launching a new base in Nottingham as part of its plans to continue investing in growing its business.

  • November 12, 2024

    HSF Merger Ups Pressure On UK Firms To Find US Suitors

    The merger unveiled Monday between Herbert Smith Freehills LLP and Kramer Levin Naftalis & Frankel LLP of New York is increasing pressure on U.K. firms to expand across the Pond, while also underscoring the persistent challenges of finding the ideal strategic partner for such tie-ups.

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