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.
Category : Professional Services
Sullivan & Cromwell Poaches A&O Shearman Finance Partner
US law firm Sullivan & Cromwell has recruited finance partner James Duncan from A&O Shearman in London, bolstering its leveraged finance and private credit capabilities. Read the full story.
Law Firm's £95m Loss Raises "Material Uncertainty" Warning
Pogust Goodhead posts a £95m annual loss as auditors flag concerns over its future. The firm blames litigation costs and pins hopes on US hedge fund backing. Read the full report.
Hogan Lovells Partner Promotions Flat Ahead of US Merger
Global law firm Hogan Lovells announces 28 new partner promotions, maintaining last year's figure as it prepares for a major US merger with Shearman & Sterling. Explore the strategic implications.
Accenture Buys London AI Specialist Faculty
Global consultancy Accenture acquires London's Faculty AI, bringing over 400 experts into its team to boost AI safety and decision intelligence for UK clients.
PE Firms Invest Billions in UK Professional Services
Private equity giants are acquiring major stakes in UK accounting and advisory firms, with Interpath Advisory in exclusive talks with Bridgepoint. Discover the multi-billion pound trend reshaping the sector.
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.
Bridgepoint buys Interpath Advisory for over £800m
Burger King owner Bridgepoint has agreed an £800m+ deal for advisory firm Interpath. Discover the details behind this major private equity move and its implications for UK business.
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.
Agentic AI: A 2026 Game Changer for UK Professional Services
UK accounting and consulting leaders predict agentic AI will be transformative by 2026, automating complex tasks and reshaping the workforce. Discover the future of professional services.
ACCA ends remote exams to combat AI cheating
The ACCA, the world's largest accounting body, will stop online exams from March due to a surge in AI-assisted cheating. Nearly 4,000 candidates recently sat exams in London.
Freshfields gives Gen Z students resilience training
Magic Circle law firm Freshfields Bruckhaus Deringer introduces a new resilience programme for its Gen Z trainees, aiming to equip them with tools to manage workplace pressures and improve mental wellbeing. Discover how the legal sector is adapting.
Pinsent Masons' best-paid partner sees remuneration fall to £1.27m
The highest-earning partner at law firm Pinsent Masons received £1.27m last year, a significant drop from £1.7m, as firm profits softened. Discover the financial details and strategic outlook.
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.
MHA acquires UAE's Fiducia to enter Middle East market
London-based MHA, a top 15 UK accountancy network, acquires Fiducia in the UAE, marking its first major international expansion beyond the UK. Read the full strategy.
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.
Accountants told: 'Learn people skills or miss promotion'
New research reveals a stark warning for UK accountants: technical prowess alone won't secure career advancement. Discover why communication and leadership are now non-negotiable.
Hogan Lovells and Cadwalader in $3.6bn Merger Talks
Global law firms Hogan Lovells and Cadwalader, Wickersham & Taft are in advanced merger discussions. The $3.6bn deal would create a transatlantic legal powerhouse. Read the full story.
Freshfields, Latham Lead European Legal Deal Rankings
Freshfields Bruckhaus Deringer and Latham & Watkins lead European M&A legal advisory for Q1 2024. Discover the top firms and key trends shaping the deal market.
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.
Permira bids for KPMG spin-off Interpath with veteran CEO
Private equity giant Permira, advised by ex-PA Consulting CEO Alan Middleton, vies for Interpath Advisory in a deal potentially worth £900m. Learn about the bidders and the firm's key roles.
Latham's Pay Wars & Paul Weiss Poaching: Top Legal Stories 2025
A look back at the seismic shifts in the UK legal market in 2025, from Latham & Watkins' pay battle and Paul Weiss's aggressive hiring to Ashurst's renewed US ambitions. Discover the stories that defined the year.
Inside the Law Firm Betting on 5-Star Client Service
Discover how Addleshaw Goddard is using personalised hospitality, from birthday cookies to fine dining, to stand out in London's competitive legal market and win client loyalty.
Strategic Edge of Commercial Cleaning for London FM
For London's facilities management, professional commercial cleaning is now a strategic imperative, boosting health, brand reputation, and efficiency. Discover how tailored, tech-enabled solutions deliver measurable results.
Best-selling eyelash serum under £30 in deal
The UKLASH Eyelash Growth Serum, now £26.60 on Amazon, promises longer, fuller lashes in a fortnight. Discover the key ingredients and real customer reviews.
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.
UK Professional Services Dodge Damaging LLP Tax Hike
The UK's professional services sector avoided a targeted tax on LLPs in the Autumn Budget after intense lobbying. Discover how this decision protects a key economic contributor.
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