The smaller you are, the harder it is to grow – that’s a basic rule of the UK200 law firms. In most years, great hulking brutes like DLA Piper will put on millions in revenue, while tadpoles like Brachers or Morr & Co (who they?) struggle to eke out any organic growth at all. But […]
Personal injury and clinical negligence firm Simpson Millar made a pre-tax loss of £6.3m in the 2022 financial year, and is due to repay a £25m loan to its parent company Doorway Holdings in December 2023, its accounts on Companies House show. The firm’s turnover was £31.3m in 2022, up slightly from £29.9m; however it […]
London: Lee & Thompson knows a thing or two about developing talent. The Fitzrovia-headquartered firm first shook hands with Harry Styles during his X Factor days when he was one-fifth of boyband One Direction and have remained his sole legal adviser since the group disbanded in 2016. Aside from providing legal advice related to touring, recording […]
Merger negotiations between two firms of different sizes can be a tricky process. Here, a number of mid-tier managing partners give their view on how to win the hearts of potential smaller matches when on the acquisition trail.
Howes Percival? A decade ago, the answer would have been: in the doldrums. Six years of declining revenue at the Midlands firm – one of the ever-diminishing number with vaguely amusing names (RIP Moon Beever) – saw it exit the UK top 100 in 2009 and drop as low as 133rd place by 2014. But […]
Only got one leader? Fox Williams’ solution might plug your management gap London: What do Julius Caesar, Pompey and Marcus Licinius Crassus have in common with the leaders of Fox Williams? Dwell on that question for a moment, while we take you through the history of this Moorgate firm. Fox Williams is relatively young, founded […]
Salaried partners at Chadwick Lawrence can now progress to a fixed-share role as the Yorkshire law firm opens up its equity. Designed to reward lawyers and bolster retention, six former salaried partners are the first to join the equity ranks. They are Howard Dapin in wills and probate, Nils O’Donoghue in regulatory, Jack Oldroyd and […]
The first firm outside the UK top 100 to offer a newly-qualified salary of £100,000 has arrived. What’s more, its chargeable target remains an attractively low 1,400 hours. There’s only one catch for those wishing to take advantage of this enticing proposition… you’ll need to be a pensions lawyer. In 2020, The Lawyer reported that […]
Does your firm have a kindness code? London: Lewis Silkin‘s internal motto, as The Lawyer has noted previously, is ‘bravery and kindness’ – but how does that actually translate into busy working life? One of the firm’s pandemic initiatives has been helpful in embedding the ethos into the culture. When Covid-19 hit Lewis Silkin established […]
The latest mergers in Scotland will be followed by more soon enough
Boodle Hatfield has joined a raft of firms that have confirmed they will be switching their financial year-end to 31 March due to HMRC’s new tax rules, joining Mishcon de Reya, Macfarlanes, Burness Paul and Weightmans. The new rules will cause administrative headaches for finance teams as they enable HMRC to tax a business’ profits in the […]
Browne Jacobson reaps the benefits of being on the ground Cardiff: Browne Jacobson is in Wales, and about blinking time too, some of its clients might say. The firm has a plethora of Welsh institutions on the books, not least Natural Resources Wales, Local Government Association Wales, Qualifications Wales, and the Welsh Government, for which […]