News and updates – Page 5
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Big businesses 'could outsource less work to external firms'
Research suggests companies will grow in-house teams to save money.
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Major litigation funder admits caseload hit by Covid delays
Burford Capital reports a 'fairly quiet period' after 43% of its portfolio experiences pandemic-related delays.
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Online hearings take edge off cross-examination, study finds
Techniques used by lawyers less effective over video link, according to research by international consultancy.
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Bar warns of reliance on informal police sanctions
'There is a risk that out of court measures will be seen as a way to relieve pressure on the system,' says Bar Council.
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New cooperation in clinical negligence claims could last beyond pandemic
Parties have made greater use of service by email and remote settlement meetings during lockdown.
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DAC Beachcroft celebrates seventh year of growth
Profit per member also increased by 19% to around £700,000.
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Partner profits at Withers leap for second year in a row
Profit per equity partner now stands at £660,000, up from £354,000 two years ago.
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Travers flits to bigger office as firms eye City developments
City lease agreement is latest in a string of announcements suggesting office working is far from dead.
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Lawyers and insurers end lockdown co-operation agreement
Statement of intent ends - but some of the collaborative measures are set to stay in place.
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Geordieshoring: Norton Rose boosts presence in Newcastle
International firm is recruiting new associates for its Newcastle hub and will train its paralegals as solicitors.
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PwC notes growing demand for 'new law' services
Group profit at the Big Four professional services firm has risen by 25% to almost £1.2bn.
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Partner profits leap by 40% at Shoosmiths
Profit per equity partner has reached £658,000 at the national firm.
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Firm challenges ‘unlawful’ hotel quarantine rules
PGMBM is seeking judicial review of the government’s hotel quarantine policy for fully vaccinated travellers.
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Downsizing? Shoosmiths takes on bigger London office
National firm's new City premises are almost five times bigger than its former office near St Paul's Cathedral.
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Irwin Mitchell profits leap by almost 50%
National firm enjoys 11th year of growth after imposing a series of cost saving measures during lockdown.
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Linklaters adds to magic circle success story
Pre-tax profit grows by 12% to over £815m after falling slightly in year to April 2020.
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Racism and bias 'barriers to career progression', say black lawyers
Report highlights perceived inconsistency between what firms say and do on diversity.
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Firm agrees 15-year lease for new London skyscraper
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates is to move to 22 Bishopsgate next year.
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More firms celebrate record partner profits
Profit per equity partner at Travers Smith and HFW has grown by 22% and 30% respectively.
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Insurers cash in on RTA claims drop during lockdown
Insurance body says premiums are at five-year low - but firms are doing well too.