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Pulse UK
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December 06, 2023
Greenberg Traurig Hires Finance Pro From Weil
Greenberg Traurig LLP has bolstered its London banking and finance practice by hiring a shareholder from Weil Gotshal & Manges LLP.
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December 06, 2023
A&O Says Nationwide's Negligence Led To £75M Tax Bill
Allen & Overy LLP has denied owing Nationwide Building Society £75 million ($94 million) in tax liability for failing to submit applications to list notes on the London Stock Exchange, saying that the loss was a result of the lender's own negligence.
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December 06, 2023
BigLaw Firms Are Focused On Growth Going Into 2024
A primary concern for large law firms for the next year is how to continue to get bigger, whether that's through lateral hiring or combinations, even as the geopolitical and macroeconomic environments remain volatile, according to a report released Wednesday.
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December 06, 2023
Browne Jacobson Hires M&A Lawyer From Pinsent Masons
Browne Jacobson LLP has appointed James Skivington, a senior associate at Pinsent Masons LLP, as a partner in the firm's corporate team in northern England, where he starts at a challenging time in the deals market.
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December 05, 2023
Over 90 Law Firms Agree To Disability Inclusion Proposals
Diversity Lab, the company behind the Mansfield Rule certification — which aims to ensure more attorneys from historically underrepresented groups win leadership positions and consideration for development opportunities — is recommending 10 new actions that law firms and legal departments can take to promote inclusion for people with disabilities in the legal profession.
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December 05, 2023
EY Closing Legal Services Business Riverview Law
EY is shuttering EY Riverview Law, an alternative legal services business it acquired more than five years ago, the Big Four accounting firm confirmed to Law360 on Tuesday.
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December 05, 2023
LSB To Launch Independent Review Of Axiom Ince Collapse
The Legal Services Board said on Tuesday that it is considering an independent review into the shuttering of Axiom Ince Ltd., after it emerged that nearly £65 million ($82 million) had gone missing from the law firm's client account.
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December 05, 2023
Bonus Payout Risk Looms In Holiday Pay Reforms
Lawyers are warning that organizations may have to top up employees' holiday pay with roughly 12% of what they earn in bonuses, as reforms due to take effect on Jan. 1 appear to make employers liable for billions of pounds in extra payments.
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December 05, 2023
Trainee Solicitor Fired For Copying Emails Loses Claim
A trainee solicitor failed to prove that she was fired for raising concerns with regulators about alleged fraudulent activities by her firm, with an Employment Tribunal ruling that she was on her way out long before her disclosures.
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December 05, 2023
Ex-Linklaters Atty Can Take Part In $25M Saudi Fund Claim
A London court ruled on Tuesday that a former Linklaters LLP partner can take part in a trial over an alleged failure to return a $25 million fund to a Saudi princess — despite an order that bars him from defending the claim.
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December 05, 2023
Allen & Overy Hires German IP Atty From Bird & Bird
Allen & Overy LLP has recruited a German intellectual property partner with almost 20 years of experience for its Hamburg office, bolstering its ability to serve clients in the newly launched Unified Patent Court.
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December 05, 2023
Ex-Soccer Club Owner Settles Dispute Over Law Firm Advice
The former owner of Sheffield United soccer club has reached a deal with Shepherd and Wedderburn, settling his claim that the law firm's negligence cost him a deal to sell the English team for £140 million ($177 million).
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December 05, 2023
Andersen Global Lands Collab With Irish Firm Philip Lee
Andersen Global, an association of legally separate, independent member firms, announced its collaboration agreement with the Ireland-based corporate and commercial law firm Philip Lee on Tuesday, saying the move will enhance its existing tax capabilities in the nation.
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December 04, 2023
EY Appoints New UK And Ireland Managing Partner For Tax
EY named a new U.K. and Ireland managing partner for tax and law after appointing the attorney who was formerly in that role as the firm's global head of law, according to a news statement.
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December 04, 2023
Diamond Co. De Beers Names New GC Amid Exec Reshuffle
De Beers Group, a company specializing in diamond mining, retail and trading, has appointed an experienced member of its legal team as its new general counsel, along with other changes in the C-suite, the company announced Monday.
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December 04, 2023
Barrister Faces Tribunal Over Alleged Mishandling Of Funds
A barrister faced allegations in a London tribunal on Monday that he mishandled large amounts of a client's funds generated from a divorce settlement and the sale of a house, by sending them to his personal bank account.
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December 04, 2023
Freeths Sued For £5M Over Soured Quarry Deal Advice
A U.K. litigation funder has sued Freeths LLP for £5 million ($6.3 million) after the firm allegedly caused the owner of a quarrying business to lose his company by leaving him liable to repay a loan.
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December 04, 2023
Solicitor Wins Appeal Over Deal To Buy Firm's Shares
A solicitor won his appeal on Monday against a ruling that his option to buy shares in a law firm required a new shareholder's agreement be inked to prevent the dilution of the owner's shares.
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December 04, 2023
Senior Axiom Ince Manager Gives £1M Personal Guarantee
A "senior member" of the management team at Axiom Ince Ltd. has provided a personal guarantee of £1 million ($1.3 million) for the money the now-collapsed firm still owes from its acquisition of Ince earlier in the year, administrators have said.
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December 04, 2023
Clifford Chance Lawyer Traded Shares On Banker Bro's Order
A former Clifford Chance lawyer traded shares on his brother's orders, knowing that the Goldman Sachs banker had inside information on the companies whose stocks they were buying and selling, the Financial Conduct Authority told a London court on Monday.
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December 04, 2023
Half Of Law Firms Have Ditched 'Whiplash' Injury Claims
More than half of law firms in the personal injury sector have dropped road traffic "whiplash" injury claims nearly two years after the government introduced controversial civil justice reforms, according to a survey published Monday.
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December 01, 2023
FisherBroyles Practice Leaders Depart To Launch Own Firm
The litigation and corporate practice leaders at FisherBroyles resigned early last month to launch their own law firm, the partners confirmed to Law360 Pulse on Friday.
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December 01, 2023
A&O Deal Will Spur More, Baker McKenzie London MP Predicts
Allen & Overy's impending merger with Shearman is likely to prompt more consolidation as many firms look for opportunities for growth on both sides of the Atlantic, Baker McKenzie's London Managing Partner Ed Poulton told Law360 — including his own.
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December 01, 2023
Boies Schiller Opens Rome Office With 2 Partner Hires
Boies Schiller Flexner LLP is opening an office in Rome and hiring two partners for the office from RP Legal & Tax in Italy, the firm announced on Friday.
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December 01, 2023
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Lenovo Group and LM Ericsson embroiled in a patent dispute, Jaguar Land Rover face legal action from a number of employees over contract breaches, and Dexia Credit file another swaps claim with property administrator Patrimonio del Trentino. Here, Law360 looks at these and other new claims in the U.K.
Expert Analysis
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PR Perspectives: How To Communicate A Law Firm Merger
Recent data shows a significant increase in law firm mergers and acquisitions in the U.K., and to ensure the deal goes without a hitch, both internal and external communications need to be carefully planned so that appropriate messaging aligns with the objectives of the deal, says Belinda Lewis at Birketts.
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Why Law Firms Should Heed Calls To Put ESG Over Profit
According to Deloitte’s recent survey, the majority of Gen Z and millennials remain unimpressed with businesses’ societal impact, and junior lawyers in particular are increasingly expecting the legal profession to shift to a business model that prioritizes sustainability above profitability, says Dana Denis-Smith at Obelisk Support.
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PR Perspectives: What Not To Do In Legal Public Relations
There is a wealth of advice about how to publicize a law firm, but what not to do is just as important, and ignoring a target audience, communicating without a strategy, or misusing social media are potentially risky and reputation-damaging practices, says Steve Rudaini at MD Communications.
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A Diverse Workforce Can Help Close The Legal Talent Gap
Recent reports from professional firms reveal that a diverse workforce is likely to close the talent gap and achieve better business outcomes, and for law firms, this needs to start with routes into the profession in order to make a real change, says Jody Tranter at Barbri.
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Navigating The Novel Challenges Facing The Legal Profession
The increasing prominence of ESG and AI have transformed the legal landscape and represent new opportunities for lawyers, but with evolving regulations and the ever-expanding reach of the Solicitors Regulation Authority, law firms should ensure that they have appropriate policies in place to adapt to these challenges, say Scott Ashby and Aimee Talbot at RPC.
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Key Lessons From The SRA's 2023 AML Report
The Solicitors Regulation Authority’s recent anti-money laundering report conducted supervisory activities that revealed a variety of breaches, and with an increasingly regulated landscape, lawyers can play an important part in preventing criminal activity by taking responsibility for ensuring compliance, says Harriet Holmes at Thirdfort.
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How The Legal Sector Can Enhance Its Data Resilience
In view of the U.K. National Cyber Security Centre’s recent report shedding light on the legal sector’s increased vulnerability to cyberattacks, law firms need not only establish robust defenses, but also to redefine their approach to data security by fostering a culture of continuous learning, adaptability and vigilance, says Katie McCullough at Panzura.
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Building Strong Relationships At All Stages Of A Legal Career
Whether a junior attorney seeks to lay the foundation for a path to partnership, or a seasoned practitioner aims to leverage an extensive network, the road to legal industry success often involves cultivating sincere relationships, say Kathleen Hilton and Megan Senese at Stage.
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How Mentoring Can Increase Black Representation In Law
U.K. Black History Month is a good time to look at the importance of Black representation in the legal profession, and how mentorship can make a big difference in empowering Black lawyers, including by offering career coaching and building valuable relationships, says Christianah Babajide at Keating Chambers.
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Socioeconomic Data Shows Diversity Needed In Legal Sector
U.K. solicitors come from the highest socioeconomic backgrounds compared with the wider workforce, and with the case for a greater focus on diversity and inclusion stronger in law than in any other sector, now is the time to challenge the status quo decisions that affect equality and representation, says Nik Miller at the Bridge Group.
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PR Perspectives: When Law Firms Offer PR Services
The news of libel law firm Schillings setting up its own public relations firm illustrates the equal importance of both lawyers and PR professionals in managing the reputations of businesses and individuals effectively, especially in the evolving media landscape, says Gus Sellitto at Byfield Consultancy.
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Building A Global Law Firm Fit For The Future
As the world faces immense changes across economic, environmental, political and social spheres, leaders in BigLaw are in a position to help address global challenges, while also transforming their business models to respond to historic shifts in the nature of legal work, says Duncan Weston at CMS.
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PR Perspectives: Must-Have Tips For Lawyers Writing Articles
There are many benefits for lawyers in getting their articles, opinions and insights published in the media, and although writing about a topic can be easy, getting it published is tricky, says Steve Rudaini at MD Communications.
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How Midsize City Firms Are Luring Talent Away From BigLaw
In the wake of the post-pandemic hiring surge many law associates are reevaluating their priorities, and with midsize City firms offering a better work-life balance, greater focus on team fit and opportunities for upward mobility, the traditional legal career path offered at BigLaw firms is no longer passing muster, says Ria Karnik at Major Lindsey.
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PR Perspectives: The Advantages Of A Legal Background
A legal background can bring several advantages to the work of a legal public relations professional, from an understanding of the subject matter itself and the pressures that lawyers face, to a meticulous attention to detail and knowledge of the importance of following breaking news stories, says Kath Walkling at Herbert Smith.