News – Page 141
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Trowers & Hamlins achieves Malaysia first
International practice says it is the first foreign law firm to secure a Qualified Foreign Law Firm licence.
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Virtual firm pioneer seeks out traditional office space
Excello Law’s founder says clients and staff want combined virtual and traditional strategy.
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Shake-out looming as firms draft legal aid tender bids
Firms respond to criminal legal aid reforms with plans to bid for multiple duty contracts, or by ruling out any bids.
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City firms reveal high trainee retention rates
At least nine in 10 trainees at magic circle and international firms are being retained this year.
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In-house lawyer bonuses near £1bn
The average salary for a lawyer with eight years’ PQE is £112,920, recruiter Laurence Simons said.
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Freshfields tops 2015 M&A rankings
Three magic circle firms ranked in global top 20 legal advisers for mergers and acquisition deals.
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TLT to defend former Halliwells partners on the hook for millions
The firm has been instructed to represent fixed-share members of the collapsed Manchester outfit in claims brought by liquidator BDO.
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International firms begin Russia downsizing
Magic circle firms reduce Moscow headcount as a result of market challenges.
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Global giant Dentons unveils US merger
World’s largest firm by headcount to ally with McKenna Long & Aldridge.
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Legal executives get a pay rise
Buoyant market is fuelling salary hikes – especially in property.
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Watchdog clears insurer’s complaint about PI advert
Insurance broker objected to firm’s reference to ‘an accident anywhere it’s your right to claim’.
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Income and stability improving – Society’s practice bellwether
Survey shows dramatic rise in the percentage of practices operating profitability and within their overdraft limit.
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MedCo will see you now: whiplash scheme goes live
Biggest medical reporting companies submit two applications for top-tier status.
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Slater and Gordon share offer raises £310m
Firm says it is unconcerned at Quindell suspending shares for revenue correction, days after the latter announced the conditional sale of its professional services division to Slaters.
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Quindell suspends share trading for profits correction
Suspension comes days after company announced deal to sell its professional services division to Slater and Gordon for £637m.
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Quindell admits ‘aggressive’ practice as £637m sale goes through
Initial report into accounting policies finds Quindell at the ‘aggressive end of acceptable practice’.
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University of Law granted ABS status to offer legal services
Licence allows ULaw to undertake rights of audience, litigation, reserved instrument activities and administration of oaths.
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Chicago firm heralds London arrival with ABS first
Practice to start with a small number of US lawyers and seek to recruit locally.
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Doubts cast on Singapore legal liberalisation
US firm's joint venture may not be replicable, Law Society says.
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Pioneering ABS council names new legal chief
Buckinghamshire and London boroughs of Harrow and Barnet granted alternative business structure licences last year.