Pulse UK

  • July 16, 2024

    Clifford Chance To Retain 75% Of NQ Lawyers In September

    Clifford Chance LLP said Tuesday it will keep 42 out of its 56 U.K. trainees when they qualify in September, with the firm cutting loose almost one in four lawyers from this year's cohort.

  • July 16, 2024

    Gateley's Revenues Tick Up 6% To £173M

    Gateley (Holdings) PLC said Tuesday that its income rose 6% to nearly £173 million ($224 million) in its latest financial results, though group profits plummeted 14% as the business continued to grapple with difficult trading conditions.

  • July 16, 2024

    Ex-Armstrong Teasdale Solicitor Fined £20K Over AML Failure

    A former Armstrong Teasdale compliance officer has been fined over £19,600 ($25,400) for failing to ensure her firm had policies to prevent money laundering and terrorist financing, the Solicitors Regulation Authority has said.

  • July 16, 2024

    Dentons To Offer AI-Powered IP Risk Analysis With Tech Firm

    Law firm Dentons said Tuesday it has partnered up with an AI startup as part of its intellectual property service, saying the software will be able to speed up IP risk assessments for clients and flag when they need to speak further with a Dentons lawyer.

  • July 16, 2024

    Nigerians Claim Right To Sue Leigh Day For Oil Spill Victims

    A Nigerian argued to the High Court on Tuesday that he can sue Leigh Day for negligence on behalf of oil spill victims in his country after a judge refused to adjourn the trial for a second time over the claimants' lack of counsel.

  • July 16, 2024

    Charles Russell Speechlys' Income Jumps 13% To £218M

    Charles Russell Speechlys LLP said on Tuesday that it has recorded revenues of nearly £220 million ($285 million), as its profits leapt by more than 20% after a dip in 2023.

  • July 16, 2024

    Lawyer Faces Tribunal Over 'Fraudulent' £1M Gov't Loan

    The solicitors' watchdog accused a lawyer on Tuesday of entering into a fraudulent loan agreement when she allegedly falsely claimed that her corporate client had secured £1 million ($1.3 million) in private investment that was being held in her law firm's client account.

  • July 16, 2024

    Axiom On Hook Again For Ex-Staffer's Unpaid Wages

    Axiom Ince must pay £1,125 ($1,458) in missed earnings to one of its former employees, a tribunal held in a ruling published on Tuesday after a series of similar decisions against the law firm, which collapsed in 2023.

  • July 16, 2024

    Disputes Boutique Hires Fladgate Insolvency Pro As Partner

    Alius Law has hired an insolvency and restructuring partner from Fladgate LLP as it looks to build up its financial services practice in London — and the disputes boutique wants to tempt more senior litigators to leave behind the "constraints" of larger firms.

  • July 16, 2024

    Fraudster Allegedly Used COVID Loans For PA's Legal Fees

    A British businessman imprisoned for theft and false accounting scammed the government-backed pandemic funding scheme to repay the legal costs of an associate after she became embroiled in efforts to claw back his assets, prosecutors said Tuesday.

  • July 16, 2024

    Ashurst Hits Record Revenue With Almost £1B

    Ashurst LLP said on Tuesday that its global business has posted record revenue of almost £1 billion ($1.3 billion) and that partners' profits hit an all-time high as the firm became the latest to report positive financial results.

  • July 16, 2024

    Top UK Court Rules Deal Advice Fees Are Not Tax Deductible

    Britain's Supreme Court ruled Tuesday that £2.5 million ($3.2 million) paid in advisory fees by an investment company to Deutsche Bank and others is not tax-deductible as the expenses were "capital in nature" spent trying to dispose of a Dutch business.

  • July 15, 2024

    Many Attorneys Of Color Are Feeling Used

    Many lawyers of color say they are included in their law firm's client pitches but are not assigned to the resulting work, pointing to some firms' "window dressing" approach to diversity and inclusion, according to a report reviewed by Law360 Pulse that will be released publicly on Tuesday.

  • July 15, 2024

    Brodies Posts Record Revenues Of £114M

    Brodies LLP said Monday that its revenues had exceeded £114 million ($148 million) in its latest financial results, a record level of income stemming from strong performance in areas including banking and finance, corporate and commercial, and dispute resolution.

  • July 15, 2024

    Baker McKenzie, Travers Smith Boost NQ Solicitors' Pay

    Baker McKenzie said Monday that it has increased newly qualified solicitors' salaries to £140,000 ($182,000), while Travers Smith LLP also confirmed a lucrative pay raise as law firms continue to flex their financial muscles to lure junior talent in London.

  • July 15, 2024

    Nigerian Oil Spill Victims Can't Put Off Leigh Day Trial

    A judge declined on Monday to adjourn the case of Nigerian villagers suing Leigh Day over the negotiation of a £55 million ($71 million) settlement with a Shell subsidiary, saying that the claimants had failed to explain why they were not ready on the first day of trial.

  • July 15, 2024

    Reed Smith To Keep Just 36% Of NQ Lawyers In September

    Reynolds Porter Chamberlain LLP will retain most of its trainee lawyers in the U.K. when they qualify in the autumn, while Reed Smith said it will keep little more than a third despite recent hikes to salaries for newly qualified lawyers.

  • July 15, 2024

    Mishcon Recruits Tech Disputes Partner From Deloitte

    Mishcon de Reya LLP has hired a tech disputes partner from Deloitte to its London office as it looks to expand its innovation and technology division to stand out from the competition.

  • July 12, 2024

    Clyde & Co.'s Revenue Nears £1B Mark Following 10% Rise

    Clyde & Co. LLP said Friday that its revenue grew by 10% over the past year to hit £845 million ($1.1 billion) following a period of sturdy client demand and the growth of its presence in Europe.

  • July 12, 2024

    Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry had another action-packed week as attorneys took on new roles and law firms reshaped practices following the holiday. Test your legal news savvy here with Law360 Pulse's weekly quiz.

  • July 19, 2024

    Jenner Hires Finance Disputes Pro From Stephenson Harwood

    Jenner & Block LLP has bolstered its London office with the hire of a financial disputes services specialist who co-headed the litigation practice at Stephenson Harwood LLP.

  • July 12, 2024

    Law Firm Unfairly Fired Solicitor Over Facebook Page

    A law firm unfairly sacked its head of criminal law when it botched a probe into accusations that she was using Facebook to draw clients away from the firm during her resignation period, an employment tribunal has ruled.

  • July 12, 2024

    Lawyer Beats Allegation He Helped Tycoon Duck Asset Freeze

    A leading Monégasque lawyer did not conspire to help an embattled Taiwanese shipping magnate evade an asset freezing order, as he "honestly believed" he was entitled to transfer $26 million from the sale of the businessman's villas, a London judge ruled Friday.

  • July 12, 2024

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen the owner of the Lambretta scooter brand Innocenti SA embroiled in a trademark dispute with a property developer, a clash between two art dealers over a collection of tapestries, Telecom Italia pursue a debt claim against a competing telecommunications company, and performing arts trade union Equity hit a casting directory for charging unfair subscription fees on actors. Here, Law360 looks at these and other new claims in the U.K.

  • July 12, 2024

    Labour Gov't Spells Trouble For Return-To-Office Mandates

    The week-old Labour government could disrupt efforts by law firms to implement return-to-office mandates because expected worker-friendly reforms could drive a demand for a range of flexible options.

Expert Analysis

  • Legal Sector Will Benefit From New Data Security Standard

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    The U.K. Information Commissioner's Office-approved new privacy certification scheme for the legal profession will inevitably become the default for law firms, chambers and vendors to prove their U.K. General Data Protection Regulation compliance, says Orlagh Kelly at Briefed.

  • PR Perspectives: Navigating UK And US Legal PR Differences

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    Despite apparently negligible differences between U.S. and U.K. legal systems, public relations requires an understanding of regional nuances and complex legal issues, and U.K.-based PR professionals looking to gain traction in the U.S. must adapt their strategies accordingly to achieve successful cross-jurisdictional campaigns, say Ben Finnis and Elizabeth Rincon at Greentarget.

  • Spartan Arbitration Tactics Against Well-Funded Opponents

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    Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.

  • Risks The Judiciary Needs To Be Aware Of When Using AI

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    Recently published judiciary service guidance aims to temper reliance on AI by court staff in their work, and with ever-increasing and evolving technology, such tools should be used for supplementary assistance rather than as a replacement for already existing judicial research tools, says Philip Sewell at Shepherd & Wedderburn.

  • Prompt Engineering Skills Are Changing The Legal Profession

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    With a focus on higher-value work as repetitive tasks are delegated to artificial intelligence, legal roles are set to become more inspiring, and lawyers need not fear the rising demand for prompt engineers that is altering the technology-enabled legal environment, say Eric Crawley, Shah Karim and Paul O’Hagan at Epiq Legal.

  • 4 Legal Privilege Lessons From Dechert Disclosure Ruling

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    The Court of Appeal's recent decision in Al Sadeq v. Dechert LLP, finding that evidence may have been incorrectly withheld, provides welcome clarification of the scope of legal professional privilege, including the application of the iniquity exception, says Tim Knight at Travers Smith.

  • PR Perspectives: Don't Overstate Well-Being Or Enviro Efforts

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    Law firms should look to embrace a strong arsenal of sustainability and well-being initiatives before beginning to publicize their commitment to green and mental health efforts, or they can face the risk of making false claims, says Steve Rudaini at SJR Communications.

  • Record Level Of Partner Hires Shows No Sign Of Slowing

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    With indications that law firm hiring activity is increasing, the competitive market is causing candidates to evaluate potential employers more carefully, and large numbers of partners are migrating away from Silver Circle and West End firms in pursuit of closer parity in work and pay, says James Lavan at Buchanan Law.

  • PR Perspectives: Choosing How To Communicate For Impact

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    Successful legal public relations involves developing productive working relationships, and choosing which medium to use when communicating is important, since it will reflect the level of familiarity with the lawyer or journalist as well as the message, says Daniela Conte at Gibson Dunn.

  • Talent Acquisition Is Shifting As US Firms Permeate London

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    U.S. law firms’ continued growth in London and aggressive talent acquisition strategies are reshaping how lawyers are attracted, nurtured and retained, and success in this evolving environment lies in understanding and adapting to changing priorities and values, says Nathan Peart at Major Lindsey.

  • More Remains To Be Done To Achieve Gender Parity In Law

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    Significant strides have been made over the years to improve gender diversity in the legal profession, but the pay gap, lack of workplace flexibility and uneven child care burden remain significant challenges to progress, says Caroline Green at Browne Jacobson.

  • US And UK Law Firms Continue Trend Of EU Expansion

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    A broad spectrum of U.S. and U.K. law firms are now seeking fresh opportunities in Europe's fastest growing and constantly evolving sectors by opening offices in strategic locations across the continent, says James Lavan at Buchanan Law.

  • Legal Industry Can Help Steer UK Out Of Social Mobility Crisis

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    The legal industry has a responsibility to help mitigate the U.K. social mobility crisis highlighted by the recent State of the Nation report, and it can start to increase socioeconomic diversity in its ranks by focusing on reducing the educational barriers to entering the profession, says Jo-Anne Pugh at BPP University Law School.

  • 2024 Will Be A Busy Year For Generative AI And IP Issues

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    In light of increased litigation and policy proposals on balancing intellectual property rights and artificial intelligence innovation, 2024 is shaping up to be full of fast-moving developments that will have significant implications for AI tool developers, users of such tools and rights holders, say lawyers at Mishcon de Reya.

  • How Businesses Can Prepare For Cyber Resilience In 2024

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    With cybersecurity breaches one of the biggest threats to U.K. businesses and as legislation tightens, organizations should prioritize their external security measures in 2024 and mitigate risks by being well-informed on internal data protection procedures, says Kevin Modiri at Nelsons.

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