Cool heads: meet ten lawyers thriving despite the recession – The Times
“As big firms cut hundreds of transactional lawyers, some have never been busier.”
The Times, 9th March 2009
Source: www.timesonline.co.uk
Category: law firms
Here’s £10,000, take a year off, law firms tell graduate recruits – The Times
“City law firms are offering graduate recruits up to £10,000 each to stay away from the office for a year. The move has been driven by the credit crunch, with firms fearing that trainees will not get sufficient experience.”
The Times, 5th March 2009
Source: www.timesonline.co.uk
Solicitors’ regulator faces corporate rebellion – The Times
“Do the big corporate law firms want to be policed alongside their high street counterparts? And is such dual regulation even possible? As two ends of the profession become increasingly differentiated, so the task of regulating both becomes harder. Now, the Solicitors Regulation Authority (SRA) is facing a rebellion in the City, where leading global practices say that the two-year-old body cannot regulate the profession’s top end.”
The Times, 26th February 2009
Source: www.timesonline.co.uk
Work-permit policy for trainees ‘discrimination’, appeal tribunal rules – Law Society’s Gazette
“Law firms that refuse to consider training contract applications from students who would need a work permit are having to review the policy following a ruling last week. The Employment Appeal Tribunal upheld a finding of indirect race discrimination on the grounds of nationality against top-30 firm Osborne Clarke.”
Law Society’s Gazette, 19th February 2009
Source: www.lawgazette.co.uk
Law firm Fox Hayes fined almost £1m for role in share scams – The Times
“A defunct British law firm has been fined nearly £1 million for ‘recklessly’ assisting Spanish boiler rooms to defraud British investors out of millions of pounds.”
The Times, 17th February 2009
Source: www.timesonline.co.uk
Freshfields puts the brake on spiral of law salaries – The Times
“Freshfields Bruckhaus Deringer, one of Britain’s oldest law firms, yesterday called a ceasefire in a pay war in which starting salaries for City lawyers have risen to more than £90,000.”
The Times, 10th February 2009
Source: www.timesonline.co.uk
‘Sexpat’ lawyer who published online erotic novel sacked from City firm – Daily Telegraph
“A lawyer who was sacked for publishing a highly erotic novel online is threatening to sue her ex-bosses for alleged sexual harassment.”
Daily Telegraph, 2nd February 2009
Source: www.telegraph.co.uk
Government ‘repeating mistakes’ by fighting miners in court – The Guardian
“The government is spending millions of pounds in legal fees fighting the claims of sick miners in a move that lawyers say will recreate the mistakes of the past.”
The Guardian, 12th January 2009
Source: www.guardian.co.uk
Clifford Chance to axe up to 80 London lawyers – The Times
“Clifford Chance, the world’s largest law firm by revenues, has begun a redundancy consultation that could see up to 80 lawyers losing their jobs in London.”
The Times, 8th January 2009
Source: www.timesonline.co.uk
Simmons & Simmons named most gay-friendly law firm – The Times
“Simmons & Simmons has been named the most gay-friendly law firm in the UK by a leading lobby group. ”
The Times, 7th January 2009
Source: www.timesonline.co.uk
Nigel Boardman: law firms right to target underperforming partners – The Times
“Law firms are right to cut underperforming partners as they look to slash costs ahead of a downturn, the UK’s leading corporate lawyer said.”
The Times, 7th January 2009
Source: www.timesonline.co.uk
Hard times spark falling-out of partners in leading law firms – The Times
“Once regarded as secure for life, partners in Britain’s leading law firms are now being presented with a stark choice: prove your worth or leave. Almost 2,000 of them could go.”
The Times, 6th January 2009
Source: www.timesonline.co.uk
EAT rules law firms can force partners to retire – The Times
“Law firms will be able to enforce a mandatory retirement age for partners following a landmark ruling that clarifies how age discrimination laws apply to partnerships.”
The Times, 5th January 2009
Source: www.timesonline.co.uk
City law firms prepare for painful year ahead – The Times
“Expectations of a prolonged economic slump combined with a renewed assault on lawyers’ fees means that top City law firms are bracing themselves for a painful 2009.”
The Times, 2nd January 2009
Source: www.timesonline.co.uk
Law firm bypasses banks to protect partners’ payouts – The Times
“A leading UK law firm has paid its partners £12 million in profits ahead of schedule because it believes that the money will be safer in private rather than corporate bank accounts.”
The Times, 5th December 2008
Source: www.timesonline.co.uk
Law firms look outside as market prepares for ‘Big Bang’ – The Times
“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
We did nothing wrong in making millions out of sick miners, law firm tells tribunal – The Times
“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 UK’s ten biggest law firms take home £1.1m in profits – The Times
“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
Behind the story: How digging for details unearthed a scandal – The Times
“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’s firm made £16.7m in year handling miners’ compensation claims – The Times
“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
