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International Edition

Law Firms Owed Millions by Greensill Capital, Filings Show

Law firms including Allen & Overy, Simmons & Simmons and Linklaters are among the collapsed finance company's creditor list.
2 minute read

International Edition

Big Law's Collections Push, Operational Efficiency Could Continue into 2021

It will be difficult to achieve revenue growth early this year, but firms that remain focused on collection efforts could be in particularly good shape this year.
5 minute read

International Edition

Revenue Rebound Continues for UK Legal Industry

The latest figures demonstrate a strong comeback for the industry since the first COVID-19 lockdown.
2 minute read

International Edition

Clifford Chance, White & Case and Quinn Emanuel Take $29M in Bonds as Payment for Argentina Work

The firms represented three separate creditor groups in tense, months-long negotiations to restructure $65B of the country's debt.
4 minute read

International Edition

Partners' Gain Is Associates' Pain as Hours Move Upstream

Client demand, and a promise of billable hour-related compensation mean that law firm partners are taking a larger share of available work during the pandemic, with associates losing out.
7 minute read

International Edition

UK Lawyer Fined for Cashing Client Money Before Sending Bills

The former Irwin Mitchell solicitor was rebuked by UK watchdog the Solicitors Regulation Authority.
2 minute read

International Edition

Top Firms Consider Delaying Or Reducing Partner Profit Distributions

A Magic Circle firm is among those in talks on how to deal with partner profit distributions during the pandemic.
3 minute read

International Edition

Damage Limitation: How the Virus Outbreak is Shaping Deal Work

Partners are having to adapt to a growing caution among clients, which is taking its toll on transactional work.
4 minute read

International Edition

Government Paid Slaughters Nearly £3M in August, Data Reveals

The figure includes a share of £800,000 for legal advice on the government's ferry contracts.
2 minute read

International Edition

Pinsent Masons Delays Partner Profits Payout

The firm failed to hit billing targets earlier this year.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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