Freshfields puts the brake on spiral of law salaries – The Times

Posted February 10th, 2009 in law firms, news, remuneration by sally

“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.”

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The Times, 10th February 2009

Source: www.timesonline.co.uk

‘Sexpat’ lawyer who published online erotic novel sacked from City firm – Daily Telegraph

Posted February 3rd, 2009 in harassment, law firms, news by sally

“A lawyer who was sacked for publishing a highly erotic novel online is threatening to sue her ex-bosses for alleged sexual harassment.”

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Daily Telegraph, 2nd February 2009

Source: www.telegraph.co.uk

Government ‘repeating mistakes’ by fighting miners in court – The Guardian

Posted January 12th, 2009 in claims management, fees, industrial injuries, law firms, miners, news by sally

“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.”

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The Guardian, 12th January 2009

Source: www.guardian.co.uk

Clifford Chance to axe up to 80 London lawyers – The Times

Posted January 8th, 2009 in law firms, news, redundancy by sally

“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.”

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The Times, 8th January 2009

Source: www.timesonline.co.uk

Simmons & Simmons named most gay-friendly law firm – The Times

Posted January 8th, 2009 in homosexuality, law firms, news by sally

“Simmons & Simmons has been named the most gay-friendly law firm in the UK by a leading lobby group. ”

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The Times, 7th January 2009

Source: www.timesonline.co.uk

Nigel Boardman: law firms right to target underperforming partners – The Times

Posted January 7th, 2009 in law firms, news by sally

“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.”

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The Times, 7th January 2009

Source: www.timesonline.co.uk

Hard times spark falling-out of partners in leading law firms – The Times

Posted January 6th, 2009 in law firms, news, partnerships by sally

“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.”

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The Times, 6th January 2009

Source: www.timesonline.co.uk

EAT rules law firms can force partners to retire – The Times

Posted January 6th, 2009 in law firms, news, retirement by sally

“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.”

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The Times, 5th January 2009

Source: www.timesonline.co.uk

City law firms prepare for painful year ahead – The Times

Posted January 5th, 2009 in law firms, news by sally

“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.”

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The Times, 2nd January 2009

Source: www.timesonline.co.uk

Law firm bypasses banks to protect partners’ payouts – The Times

Posted December 5th, 2008 in law firms, news, partnerships, remuneration by sally

“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.”

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The Times, 5th December 2008

Source: www.timesonline.co.uk

Law firms look outside as market prepares for ‘Big Bang’ – The Times

Posted November 25th, 2008 in alternative business structures, law firms, legal services, news by sally

“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.”

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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

Posted November 20th, 2008 in claims management, industrial injuries, law firms, miners, news by sally

“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.”

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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

Posted November 19th, 2008 in law firms, news, partnerships, remuneration by sally

“Partners at Britain’s ten biggest law firms took home an average of £1.1 million in profits last year.”

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The Times, 19th November 2008

Source: www.timesonline.co.uk

Behind the story: How digging for details unearthed a scandal – The Times

Posted November 14th, 2008 in claims management, fees, industrial injuries, law firms, news by sally

“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.”

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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

Posted November 14th, 2008 in fees, industrial injuries, law firms, miners, news by sally

“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.”

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The Times, 14th November 2008

Source: www.timesonline.co.uk

Lovells up 15% as litigation looks set to take off – The Times

Posted November 7th, 2008 in law firms, news by sally

“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.”

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The Times, 6th November 2008

Source: www.timesonline.co.uk

‘Wave’ of credit crunch cases set to emerge – The Times

Posted November 6th, 2008 in law firms, news by sally

“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.”

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The Times, 6th November 2008

Source: www.timesonline.co.uk

Law firms look to cut costs as financial crisis bites – The Times

Posted November 4th, 2008 in law firms, news by sally

“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.”

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The Times, 4th November 2008

Source: www.timesonline.co.uk

Law firms braced for poor results and job cuts – The Times

Posted November 3rd, 2008 in law firms, news by sally

“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.”

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The Times, 3rd November 2008

Source: www.timesonline.co.uk

Tuckers Solicitors receives £9m for one year’s legal aid work – The Times

Posted October 31st, 2008 in fees, law firms, legal aid, news by sally

“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.”

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The Times, 30th October 2008

Source: www.timesonline.co.uk