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Pulse UK
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December 19, 2024
The Legal Sector In 2024 — Mergers, Huge Salaries, SRA Woes
The legal sector can look back at 2024 as one of its busiest ever, one transatlantic merger completed, salaries for newly qualified lawyers hitting record highs, and the first enforcement action against the solicitors' watchdog over the Axiom Ince debacle.
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December 19, 2024
Law Firms Tap Business-Savvy Leaders Amid 2024 Shakeups
The legal industry has seen ongoing leadership changes in 2024, with law firms increasingly turning to business-savvy leaders to oversee operations and better compete in a challenging market.
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December 19, 2024
Osborne Clarke Pro's Email To Zahawi Critic Was 'Negotiation'
A partner with Osborne Clarke LLP who represented Nadhim Zahawi "believed he was acting properly" when he sent an allegedly threatening email to a blogger scrutinizing the former Conservative chancellor's tax affairs, his counsel told a tribunal on Thursday.
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December 18, 2024
Regulator Warns Firms Against Unsolicited Client Approaches
The Solicitors Regulation Authority on Thursday warned law firms handling high-volume claims against cold calling, door knocking and directly targeted online messaging in the wake of the collapse of SSB Group Ltd., a specialist dispute resolution firm.
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December 18, 2024
Ex-Axiom Ince Employee Banned For Falsifying Bank Docs
The Solicitors Regulation Authority said Wednesday it has banned a former Axiom Ince Ltd. employee from the profession for "systematically falsifying banking documents" at the firm, which faced a nearly £65 million ($82 million) client account deficit.
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December 18, 2024
DWF Dublin Adds Insurance Pro From DAC Beachcroft
DWF LLP has hired an insurance specialist to head the firm's practice in Dublin and become managing partner of the firm's Irish offering, as it moves to strengthen its presence in the area with "a light hand on the rudder."
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December 18, 2024
Attwells' Defense Sticks In £1.2M Loan Dispute
Attwells Solicitors LLP's defense to an almost £1.2 million ($1.5 million) claim that it failed to adhere to a loan agreement will go to trial after a London court found it was too early to decide that there is "no real prospect" of fighting the allegation.
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December 18, 2024
Herbert Smith Freehills Brings Back Senior Regulation Pro
Herbert Smith Freehills LLP has rehired a heavyweight former partner as a consultant to its global financial services regulatory team in London, as the firm looks to draw upon his longstanding economic expertise and experience representing both sides in the sector.
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December 18, 2024
Simpson Thacher Hires 2 Leveraged Finance Pros From Sidley
Simpson Thacher & Bartlett LLP said on Wednesday that it has hired two leveraged finance lawyers from Sidley Austin LLP as competition for talent in London looks set to continue into 2025.
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December 18, 2024
PE-Backed Legal Group Trebles Revenue To £47M In Last Year
A private equity-backed legal services business has said that its revenue trebled to £47 million ($60 million) in the last financial year after it made a string of law firm acquisitions.
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December 18, 2024
Kennedys Elects Financial Lines Pro As New Senior Partner
Kennedys named on Wednesday a financial lines expert as its new senior partner to replace Nick Thomas, who is stepping down from the role after 27 years.
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December 18, 2024
Lawyer Success Fees Can't Form Part Of Inheritance Claims
Success fees paid to lawyers in a "no win, no fee" agreement cannot be recovered as part of an award for maintenance in a claim against the estate of a dead person, Britain's highest court ruled on Wednesday.
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December 17, 2024
Bonuses At Susman Godfrey, Other Boutiques Top Milbank's
Susman Godfrey LLP, Pallas Partners, Yetter Coleman LLP and other litigation boutiques are offering associates bonuses exceeding the market scale set by BigLaw firms this year.
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December 17, 2024
Trinity International Adds Tax Expert To Paris Office
Trinity International LLP announced the addition of an experienced tax attorney from Dentons to serve as a partner in its Paris office.
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December 17, 2024
DWF Hires Polish Team From Hogan Lovells' Warsaw Office
DWF Group LLP said Tuesday that it had taken on three prominent Polish partners from Hogan Lovells' closing Warsaw office, bolstering its presence in Poland.
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December 17, 2024
Clifford Chance Appoints New Managing Partner In London
Clifford Chance LLP said Tuesday that it has appointed a new office managing partner for London who will also be co-regional managing partner for its Continental European division as the firm continues its efforts to integrate its U.K. and European businesses.
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December 17, 2024
MI5 Wins Case Against Lawyer Accused Of Being Chinese Spy
A solicitor accused of being a Chinese spy has lost her legal challenge against MI5, after a tribunal found Tuesday that the U.K. security service acted lawfully when it warned parliamentarians that she was trying to interfere with the political process.
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December 17, 2024
Osborne Clarke Pro Denies Trying To Block Zahawi Scrutiny
A partner with Osborne Clarke LLP who represented Nadhim Zahawi has denied trying to prevent the former Conservative chancellor from facing scrutiny over his tax affairs by sending an allegedly threatening letter to a blogger, as he testified at a disciplinary tribunal on Tuesday.
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December 17, 2024
Quinn Emanuel Taps 2 London Partners In Global Promotions
Quinn Emanuel Urquhart & Sullivan LLP has named 11 new partners in its latest round of promotions, with two in the British capital.
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December 17, 2024
DAC Beachcroft Debuts In US With LA, NYC Offices
DAC Beachcroft LLP said Tuesday that it is entering the U.S. market by opening offices in New York City and Los Angeles, as the insurance specialist continues its global expansion.
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December 16, 2024
How Sidley Helps Women In Africa Access Higher Education
Countless generations of women in Africa have never had the chance to benefit from higher education, but lawyers at Sidley Austin LLP are working to change that.
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December 16, 2024
Solicitors Struck Off Over Fake Land Registry Filing
Two solicitors have been struck off the roll and ordered to pay £70,000 ($88,818) for breaching Solicitors Regulation Authority integrity rules, after they knowingly registered properties in the names of fake people.
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December 16, 2024
Sidley Adds Leading Tech Pro In London
Sidley Austin LLP said Monday that it has hired a leading tech lawyer from rival CMS as the Chicago-based law firm continues its expansion in the London market.
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December 16, 2024
Post Office 'Hasn't Changed' Despite Scandal, Lawyers Say
The attitude of the Post Office has not been reformed from the "corporate psychopathy" its lawyers exhibited throughout the Horizon IT scandal, a barrister representing former postmasters told the three-year-long inquiry in closing submissions on Monday.
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December 16, 2024
Osborne Clarke Pro Accused Of 'Abusive' SLAPP Threat
An Osborne Clarke LLP partner who represented Nadhim Zahawi faced a disciplinary tribunal on Monday over allegations that he sent an intimidatory letter in an attempt to silence a critic who was investigating the former Conservative chancellor's tax affairs.