Growth stalls at Eversheds Sutherland as it battles ‘challenging economic conditions’ Law & professional services Profit growth has stalled at law firm Eversheds Sutherland, the firm reported today, as it battled "more challenging economic conditions" in most of the markets it operates in.
Eversheds Sutherland strikes deal with Russian ‘relationship firm’ – made up of ex-employees Russia Law giant Eversheds Sutherland has entered into an “exclusive” relationship with a newly-formed Russian law firm consisting entirely of its former employees just weeks after vowing to cut links with Russia in response to the country’s invasion of Ukraine. The London law firm said all of its Russian lawyers had transferred to its newly launched [...]
Eversheds Sutherland matches rivals after upping pay for new lawyers to £95k Salaries Eversheds Sutherland’s has given newly qualified lawyers in its London offices a 15.8 per cent pay rise after upping their salaries to £95,000 a year. The firm also said it will give lawyers in the rest of its UK offices a 24 per cent pay rise, which will see their salaries increase from £50,000 to [...]
Eversheds Sutherland pledges to fully exit Russia as law firms face pressure to cut ties March 9, 2022 Anglo-American law firm Eversheds Sutherland has said it will completely cut its ties to Russia, as law firms face mounting pressure to sever all links they have to the country in response to Russia’s invasion of Ukraine. In a statement, Eversheds said the firm had decided that it will “no longer have a presence in [...]
Can regulators get the City growing? It will be hard to tell, lawyers warn May 10, 2023 The government may run into trouble as it looks to gauge the impact of City regulators in boosting the growth and international standing of the UK’s financial sector, top lawyers have warned.
Booming demand for London’s legal market drives record number of City partner moves in 2023 January 8, 2024 Law firms’ partner CVs were flying around the City in 2023, as the year saw the highest number of job moves ever recorded. According to data provided by legal recruiter, Edwards Gibson, there were 510 partner moves recorded over 2023. This figure is up six per cent on the 480 partner moves recorded over 2022, and [...]
Letters: All eyes on the high streets September 30, 2022 [Re: Kwasi Kwarteng’s mini-budget, September 23] Retailers and the hospitality sector will be wondering whether the chancellor’s creation of more than 40 new “investment zones” in England does anything more than scratch the surface to revitalise the high street. The “factsheet” issued by the government confirms the zones will apparently be allowed to relax planning [...]
Letters: Easy target for a windfall tax November 16, 2022 [Re: Windfall tax hike risks no new investment in North Sea, warns analyst, yesterday] In addition to a potential increase in the oil and gas energy profits levy to 35 per cent over an extended period, it is increasingly likely that the UK will also introduce a new “excess returns” tax on energy generators more [...]
Meet the City partner amongst the 95 appointed as King’s Counsel today January 19, 2024 Lord Chancellor Alex Chalk MP announced the appointments of 95 new King’s Counsel today, which included one solicitor advocate from City law firm Withers.
Former Blackburn Rovers footballer sues HSBC for £2m over loan negligence April 15, 2024 Former professional footballer Matt Jansen has launched a legal challenge claiming banking giant HSBC lost him over £2m on property loan agreements during the 2008 financial crash.