Georgina Stanley

April 18, 2013 | Legal Week

Integreon president of business development John Croft has left the outsourcing giant to launch a UK arm for recently formed alternative legal services provider Elevate Services. Croft, who joined Elevate as president yesterday (18 April), has launched the new operation in London, through which the company will target law firms and in-house legal departments across Europe. At Integreon, Croft was responsible for signing high-profile deals with law firms including CMS Cameron McKenna and Osborne Clarke, both of which have recently been revised.

By Georgina Stanley

5 minute read

March 27, 2013 | International Edition

It's all about the numbers this week, with our monthly news analysis drawing on the annual accounts of the UK's 30 largest law firms to create a comparison across, well, so many financial metrics it's almost impossible to decide what to highlight. Statistics can, of course, be manipulated in all manner of ways to produce all manner of results. But, hopefully, by comparing all of the firms on the same measures, we have removed some of the fuzziness around the edges.

By Georgina Stanley

3 minute read

March 27, 2013 | Legal Week

It's all about the numbers this week, with our monthly news analysis drawing on the annual accounts of the UK's 30 largest law firms to create a comparison across, well, so many financial metrics it's almost impossible to decide what to highlight. Statistics can, of course, be manipulated in all manner of ways to produce all manner of results. But, hopefully, by comparing all of the firms on the same measures, we have removed some of the fuzziness around the edges.

By Georgina Stanley

7 minute read

March 21, 2013 | International Edition

A report this week by City recruitment company Edwards Gibson arguing that law firms need to reassess pay for junior lawyers is particularly timely, given our cover story today. The recruiter's claim that top law firms should consider substantially cutting newly qualified salaries comes as Legal Week research shows staff costs at the UK's leading law firms are continuing to soar, with total costs across the bulk of the top 30 up 7% year-on-year to a grand total of £4.5bn – well over a third of total fee income.

By Georgina Stanley

3 minute read

March 21, 2013 | Legal Week

A report this week by City recruitment company Edwards Gibson arguing that law firms need to reassess pay for junior lawyers is particularly timely, given our cover story today. The recruiter's claim that top law firms should consider substantially cutting newly qualified salaries comes as Legal Week research shows staff costs at the UK's leading law firms are continuing to soar, with total costs across the bulk of the top 30 up 7% year-on-year to a grand total of £4.5bn – well over a third of total fee income.

By Georgina Stanley

8 minute read

March 14, 2013 | Legal Week

For an industry so hung up on profits per equity partner (PEP), and for which information on salaries is widely available, law firms are remarkably cagey on the small matter of paying them. Given the ongoing challenges in the global financial markets over the past few years, it is unsurprising that law firms have been affected to some degree, whether in terms of seeing profits and therefore PEP fall, or having issues with cashflow.

By Georgina Stanley

6 minute read

March 14, 2013 | International Edition

For an industry so hung up on profits per equity partner (PEP), and for which information on salaries is widely available, law firms are remarkably cagey on the small matter of paying them. Given the ongoing challenges in the global financial markets over the past few years, it is unsurprising that law firms have been affected to some degree, whether in terms of seeing profits and therefore PEP fall, or having issues with cashflow.

By Georgina Stanley

3 minute read

March 07, 2013 | Legal Week

"At a time when in-house advisers are under growing pressure to demonstrate their worth to the wider business, why not try to leverage skills already housed within the department to make a profit from external clients or make new inroads where they know they have a ready made client base to serve?"

By Georgina Stanley

6 minute read

March 07, 2013 | International Edition

"At a time when in-house advisers are under growing pressure to demonstrate their worth to the wider business, why not try to leverage skills already housed within the department to make a profit from external clients or make new inroads where they know they have a ready made client base to serve?"

By Georgina Stanley

3 minute read

February 28, 2013 | Legal Week

In such established old boys' networks as the Bar and the judiciary, improving diversity – whether in terms of gender, race or class – was always going to be a challenge. Even so, the annual silk round and the Supreme Court judge appointments this week confirm just how much progress is still needed. At the Supreme Court, the promotion of three more white males to the bench means Lady Hale looks set to be the only female representative on the UK's highest court for another five years to come.

By Georgina Stanley

6 minute read