“Four in five law firms expect to join forces with other professionals under the reforms to be introduced by the Legal Services Act, a new survey has found.”
The Times, 25th November 2008
Source: www.timesonline.co.uk
“A law firm that earned £141 million from a government industrial disease compensation scheme denied yesterday that it had exploited sick miners and their families.”
The Times, 20th November 2008
Source: www.timesonline.co.uk
“Partners at Britain’s ten biggest law firms took home an average of £1.1 million in profits last year.”
The Times, 19th November 2008
Source: www.timesonline.co.uk
“It was meant to give sick and dying men recompense for the irreparable damage to their health caused by years of mining coal. Yet the legacy of the world’s biggest private injury compensation scheme is the number of opulent houses, private jets and luxury cars purchased with the profits of the solicitors who handled their claims.”
The Times,14th November 2008
Source: www.timesonline.co.uk
“Jim Beresford gained the dubious distinction of being the ‘highest-earning solicitor in Britain’ through the profits generated by his firm’s handling of miners’ compensation claims.”
The Times, 14th November 2008
Source: www.timesonline.co.uk
“Lovells, one of the City’s biggest law firms, defied gloomy expectations for the UK legal market today by reporting a 15 per cent increase in first-half revenue.”
The Times, 6th November 2008
Source: www.timesonline.co.uk
“Litigation departments at the City’s leading law firms have grown significantly busier in recent weeks as investors turn to legal action to recover losses suffered as a result of the financial crisis.”
The Times, 6th November 2008
Source: www.timesonline.co.uk
“Top City lawyers may be reaping over £1 million a year but law firms are starting to make penny-pinching savings as they feel the impact of the financial crisis.”
The Times, 4th November 2008
Source: www.timesonline.co.uk
“Britain’s leading law firms are bracing themselves for the release of gloomy half-year results this week with early signs showing that the recent boom in commercial legal services has ended abruptly. Only two leading firms, Lovells and CMS Cameron McKenna, are projecting double-digit revenue growth for the six months to October 31, in contrast to the last full-year results released in July, when many City firms reported increases of between 10 and 30 per cent.”
The Times, 3rd November 2008
Source: www.timesonline.co.uk
“A solicitors’ firm reaped gross earnings of nearly £9 million from defending cases on criminal legal aid in one year, according to new figures released today.”
The Times, 30th October 2008
Source: www.timesonline.co.uk
“A legal showdown between the Icelandic Government and HM Treasury looked likely today as it emerged that senior officials in Reykjavik have hired one of London’s top litigation law firms.”
The Times, 30th October 2008
Source: www.timesonline.co.uk
“Ashurst, Freshfields Bruckhaus Deringer and Linklaters have been named among the nominees for a number of top accolades at the 2008 British Legal Awards.”
Legal Week, 30th October 2008
Source: www.legalweek.com
“The public may believe that lawyers thrive in bad as well as good times. But it is becoming clear that some smaller firms will not survive the turmoil of the downturn.”
The Times, 30th October 2008
Source: www.timesonline.co.uk
“The Solicitors Regulatory Authority (SRA) is to launch a review into the conflict rules governing all solicitors after calls from leading firms and the City of London Law Society (CLLS) to increase flexibility for City firms.”
Legal Week, 30th October 2008
Source: www.legalweek.com
“The credit crunch could leave the City’s legal infrastructure bruised and sore. Going in-house may not provide much relief.”
The Times, 23rd October 2008
Source: www.timesonline.co.uk
“The head of Europe’s biggest training institution for lawyers has stepped into the row over whether there should be separate regulation of the UK’s major corporate law firms as distinct from the High Street firms that make up the bulk of the profession.”
The Times, 14th October 2008
Source: www.timesonline.co.uk
“The culture in City law firms of working long hours is draining talent from the legal profession, according to research to be published this week.”
The Times, 13th October 2008
Source: www.timesonline.co.uk
“Clifford Chance, Orrick Herrington & Sutcliffe, Wachtell Lipton Rosen & Katz and White & Case are among 64 law firms to receive a perfect score in the Human Rights Campaign Foundation’s 2009 Corporate Equality Index, writes the Am Law Daily.”
Legal Week, 4th September 2008
Source: www.legalweek.com
“An eminent West Country law firm is at the centre of a probe by the legal watchdog into allegations that sub-prime loans may have been mis-sold to farmers.”
The Times, 31st August 2008
Source: www.timesonline.co.uk
“Law firms are feeling the pinch as Britain’s top companies, under pressure from the economic downturn, slash their spending on outside legal advice.”
The Times, 26th August 2008
Source: www.timesonline.co.uk
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