News – Page 109
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Privately educated dominate senior ranks at top law firms
Biggest diversity survey ever highlights uneven progress in solicitors’ profession – but four out of ten partners at top firms went to a fee-paying school.
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PEP rises by 7.5% at bullish JMW Solicitors
Profit per equity partner hits £430,000 at Manchester firm on revenue up 16%.
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Growth in mediations slows as fees soar
Experienced mediators now charge £4,500 per day – and lawyers are in a minority for the first time.
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SRA warns against money laundering ‘complacency’
Firms generally good at tacking money laundering but regulator is investigating evidence of malpractice.
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DLA Piper plans to cut 200 UK staff
The firm has started consulting on proposals to automate some administrative tasks and transfer processes to Warsaw.
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Paris arbitration court hails record year
Value of disputes at ICC court surges to new record as total number of cases climbs to over 800.
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City says ‘no surprise’ as more law firms named in Panama Papers leak
Names of top firms including Clifford Chance, Allen & Overy and Norton Rose Fulbright appear in latest release of papers.
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Legal ‘Airbnb’ pioneers new .law web domain
New online channel to Lawyers on Demand venture opens for registrations.
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SME law firms less bullish – report
LexisNexis’s latest bellwether report shows that business confidence and performance have dipped since 2015.
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Manchester lawyers plan advice hub
The Greater Manchester Law Centre Steering Group is hoping to open a new law centre this year.
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Barristers establish their own ‘litigation vehicle’
Entity will have a ‘bias’ towards sports law, media and entertainment.
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Slaughter and May reveals modest pay rises for juniors
The magic circle firm has announced pay increases of between 2% and 5% for trainees and newly qualified.
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Dentons embraces agile working across UK offices
The global firm is offering partners, associates and legal executives the option to work remotely for up to one day a week.
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Legal aid firm bullish on national plans
Reeds Solicitors, which has acquired Milton Keynes practice Cartwright Clark, is a member of the big firms group.
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Irwin Mitchell partners with building society to offer probate service
The partnership with Leeds Building Society will give members access to fixed-fee probate advice.
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Lawyers to be questioned over BHS collapse
Olswang and Linklaters could be called into parliament for questioning over their role in the sale of the retailer.
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Slater and Gordon rescued by new lender agreement
Deal with banks to restructure debt repayments over the next three years.
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Unrepresented defendants crowd criminal courts
‘Deeply concerning’ that people are facing serious criminal charges without the support of a solicitor.
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Linklaters plans ‘best friends’ venture with firm set up by China staff
Some locally qualified lawyers will split off from magic circle firm to set up the new practice.