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All City articles
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NewsA&O and Shearman announce first merged firm partnerships
A&O announces 32 partners, down from 36 last year, while Shearman elects eight.
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NewsLawyers shun partnership as burnout fears increase
Survey finds reluctance to take on the working lifestyle of partners among many associates.
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NewsWage bill rise pares profits at Travers Smith
City firm’s trading surplus fell from £75m in 2022 to £65m as staff salaries surged.
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NewsPartner promotions dip at Linklaters and TLT - but Fieldfisher bucks trend
Linklaters is second magic circle firm to announce a fall in new partner appointments, after Slaughter and May.
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NewsTop-50 defendant firm prospering under private equity ownership
North-west firm Keoghs, part of the Davies insurance group, continues to grow income and profits.
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OpinionMeishi o douzo: The case for business cards
The practice of exchanging cards seems to be dying out. A pity.
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NewsTop earner paid £6.3m as soaring salaries hit profits at Fieldfisher
Over £13m has been paid to the European firm’s highest earner in the past two years.
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NewsProfits dip as staff costs soar at DLA Piper
Increasing number of UK LLP members share a marginally smaller pot at £680m firm.
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NewsBig firms under costs pressure as salaries rise faster than revenue
Analysis of newly published accounts at CMS and Trowers & Hamlins reflects wider sector trends.
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NewsUS elite firms 'heading for a Pan Am-style fall'
Report paints a picture of declining productivity at top-100 firms, which are increasing fees and headcount despite flat demand for their services.
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NewsTwo City firms reveal bumper pay rises for bosses
Eversheds and Pinsent Masons are each paying top earners more than £3m, financial statements reveal.
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NewsHogan Lovells partner to be City watchdogs’ watchdog
Rachel Kent to begin five-year stint as financial regulators complaints commissioner in January.
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NewsProfits nosedive and fee earner numbers slashed at BCLP
Firm took a £22m hit from ceasing operations in Russia in 2022, according to annual report.
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NewsNegligence claim against DWF and barristers ‘entirely without foundation’
Clients sued international firm over advice on the sale of their business.
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NewsA&O silent on whether it paid ransom to cyber-criminals
Firm working with forensic specialists to minimise impact to clients.
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NewsA&O investigating cyber attack on its IT system
Firm says detailed cyber forensic work is underway and affected clients are being contacted.
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NewsTop US firms cut hiring to boost profits
Despite recovery of demand for legal services, top-200 firms have slowed their autumn hiring of new lawyers to curb operating costs.
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NewsBaker McKenzie reports flat revenue figures again
Firm says it is facing up to challenges of market uncertainties.
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NewsPrivate equity buys control of A&O risk management business
Subscription business will become standalone entity as part of US expansion.
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NewsPartners approve merger to create global super-firm A&O Shearman
Firm leader says merger is a ’transformational step for legal industry’.