McDermott UK boss says private equity deal is far off
The UK head of law firm McDermott Will & Emery states a private equity transaction is not imminent, citing market conditions and strategic priorities. Read the full analysis.
Category : Search result: Labourlinked law firms
Socialist Lawyers Launch Class Action Against M&S Post-Hack
Thompsons Scotland is drumming up a class action against Marks & Spencer over a cyber attack, a move critics call 'lawfare' that could cripple the retailer. Read the full analysis.
AI Firm Harvey Lures City Lawyers with £1m+ Deals
AI startup Harvey is shaking up the legal sector, offering compensation packages exceeding £1 million to attract elite lawyers from Magic Circle firms. Discover how this talent war is reshaping the industry.
Law Firm Offers 20% Billable Credit for AI Effort
US law firm Ropes & Gray expands its 'TrAIlblazers' programme to Europe, allowing junior lawyers to dedicate 20% of billable hours to generative AI. Discover how this shapes legal tech.
Recruitment Firm 'Phoenixism' Costs Taxpayers Millions
An investigation reveals how 'pre-pack' administrations allow directors to shed tax debts and resurrect businesses, costing the exchequer an estimated £840m annually. Read the full analysis.
US law firms lead 2025 London partner hiring surge
US law firms dominated a 21% surge in London partner hires in 2025, driven by private capital. Demand for tech and AI lawyers is set to continue the trend in 2026. Read the full analysis.
Zombie Firm Collapse to Fuel UK Unemployment in 2026
A 'triple whammy' of rising costs could finish off struggling UK businesses in 2026, leading to higher unemployment but potentially boosting long-term productivity, the Resolution Foundation says.
FCA ends private equity consolidation probe with no action
The Financial Conduct Authority concludes its investigation into private equity-backed advice firms without enforcement action. Discover the details and regulatory implications.
FCA to oversee law firms in money laundering crackdown
UK law firms brace for a major anti-money laundering overhaul as the FCA takes over regulation. Sharper penalties and stricter scrutiny aim to clean up the UK's £100bn dirty money reputation ahead of a 2027 FATF review.
Clifford Chance's best-paid partner got £7m last year
The highest-earning partner at magic circle law firm Clifford Chance was paid over £7m last year, new filings show. Explore the firm's financial performance and partner pay structure.
Linklaters' staff costs jump £115m as pay battle intensifies
Magic Circle law firm Linklaters reports a £115m surge in employee costs, highlighting fierce competition for top legal talent and rising salaries across the UK sector.
Starmer's cautious stance on human rights scrutinised
Prime Minister Keir Starmer's approach to human rights law is under the microscope. Has the former lawyer abandoned his principles? Read our analysis of Labour's mixed record.
Algeria Passes Law Declaring French Colonisation a Crime
Algeria's parliament has unanimously approved a law declaring France's 132-year colonisation a 'state crime', demanding an apology and reparations. Explore the details and diplomatic fallout.
2025 Legal Year: Mergers, AI & Justice System Crisis
From the rise of transatlantic law giants and AI reshaping fees to a crumbling justice system, we review the seismic shifts that defined the UK legal sector in 2025. Discover the key trends.
Why Cadwalader needed the Hogan Lovells merger
Analysis reveals why the once-dominant US law firm Cadwalader turned to Hogan Lovells for a pivotal London merger, reshaping its City strategy. Discover the key drivers and future implications.
Hogan Lovells and Cadwalader in £2.7bn law firm merger
Hogan Lovells and Cadwalader, Wickersham & Taft plan a mega-merger to create a £2.7bn legal giant. Discover the details and what it means for the global legal market.
Macfarlanes Partner Takes Home Record £5m Pay Packet
A top partner at elite City law firm Macfarlanes earned a record £5m last year, as profits soar and pay for senior lawyers reaches new heights. Discover the figures behind the UK's legal pay boom.
UK Firms Linked to Colombian Mercenaries in Sudan
An investigation reveals UK-registered companies recruited Colombian fighters for Sudan's RSF, prompting US sanctions. Explore the complex global security web.
EU Court: Denmark's 'Ghetto Law' May Be Unlawful
The European Court of Justice has ruled Denmark's controversial 'parallel societies' legislation may constitute racial discrimination, offering hope to residents in targeted Copenhagen neighbourhoods.
Gibson Dunn promotes record 13 to partner in London
US law firm Gibson, Dunn & Crutcher promotes a record 13 lawyers to partner in its London office, marking its largest City promotion round ever. Discover the key figures and strategic focus.
Baby of brain-dead mum remains in NICU for Christmas
The family of Adriana Smith, kept on life support due to Georgia's heartbeat law, share a heartbreaking update as her son, born prematurely, is still too ill to come home for the holidays.
AI Forces Legal Hiring Shift, Says Legora CEO
Max Junestrand, CEO of legal tech firm Legora, warns AI is reshaping legal careers. As the firm's valuation soars to $1.8bn, he reveals aggressive London hiring plans for 2026.
Simpson Thacher expands London office after hiring spree
US law firm Simpson Thacher announces significant London office expansion following aggressive hiring campaign. The firm continues its strategic growth in the UK legal market.
Lawyers slam Rachel Reeves's 'illogical' LLP tax
Legal professionals warn Chancellor's proposed LLP tax reforms could damage UK law firms' competitiveness. Experts reveal unintended consequences for partnership structures.
Weil Elevates Four London Lawyers to Partner
International law firm Weil promotes four London lawyers to partner in 17-strong global promotion round, strengthening corporate and litigation practices.
NY Law Firm in £30m Private Equity Deal Talks
New York's Cohen & Gresser is negotiating a £30m private equity stake sale, reflecting a major shift in US legal industry funding. Discover how firms are bypassing ownership laws.
Ashurst Capital Markets Lawyers Join Baker McKenzie
Two senior capital markets partners depart Ashurst for Baker McKenzie, marking significant recruitment win for the global firm's London practice.
MHA Boss Eyes Further Accountancy Firm Mergers
MHA's managing director reveals plans for more mergers following recent deals as accountancy sector consolidation accelerates. Discover what's driving the rush.
Cravath's City Lawyers Get £100k Bonuses
Cravath Swaine & Moore offers London lawyers special bonuses up to $150k as US law firms intensify competition for UK legal talent. Discover the impact.
Accountancy Firms Challenge Big Law's Market Share
Major accountancy firms are aggressively expanding into legal services, threatening traditional law firms' dominance. Discover how this shift impacts the UK legal landscape and what it means for clients.
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