Is this the end of law firm IPOs? January 30, 2023 British law firms have traditionally stayed away from public markets. Yet following a series of IPOs over the past eight years, there are now six UK law firms listed on the stock exchange. Gateley became the first UK law firm to launch an IPO in 2015 after floating on London’s alternative investment market (AIM). In [...]
D-Day for Priti Patel and Boris Johnson as High Court will rule today on Home Secretary bullying claims December 6, 2021 Scrutiny of Boris Johnson’s decision to back Priti Patel following accusations of bullying will reach its climax today as the High Court in London will rule on the matter later today. The FDA union brought a judicial review over the Prime Minister deciding last year to go against the findings of his then adviser on [...]
Exclusive: World’s biggest litigation funder Harbour strikes £2m deal with sports lawyers to fund ‘no win, no fee’ FIFA lawsuits February 24, 2022 Private litigation funder Harbour has struck a £2m deal with specialist law firm Morgan Sports Law, through which Harbour plans to cover footballers’ legal costs in employment disputes put forward on a “no win, no fee” basis. Harbour will cover any legal costs in disputes between professional footballers and their employers, and take a cut [...]
Brewdog boss accused of inappropriate behaviour by staff in BBC documentary January 24, 2022 Brewdog’s boss has been accused of behaving inappropriately with female staff and customers by former employees. In BBC’s Disclosure documentary, several members of the Brewdog’s US staff said they saw CEO and co-founder James Watt giving private, late-night tours of the US brewery to customers. Dylan Gray, a former manager at Brewdog Franklinton in Ohio, [...]
Brexit impact minimal as London lost only 7,500 jobs due to UK’s departure, says EU-born City mayor March 7, 2022 The City of London’s mayor, Irishman Vincent Keaveny, rejects any notion that London is losing its position as Europe’s financial capital. In fact, the Square Mile has lost less than 7,500 jobs as a result of the UK’s departure from the EU, Keaveny said, while City firms employ more than 500,000 people. “A certain number [...]
Musk responds as Twitter deletes bird logo, adds DogeCoin Dog while Blue Ticks remain… for now April 3, 2023 Twitter’s logo mysteriously transformed from the familiar bird into the memetastic DogeCoin dog today, leaving users perplexed. The logo in the top left corner of the Twitter browser window was replaced by a picture of a Shiba Inu, a breed of Japanese hunting dog. The dog also appears for a second when you first load [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 27, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Brewin Dolphin Brewin Dolphin has promoted its current investment director to lead the wealth manager’s market analysis. Janet Mui will play a crucial role in the investment solutions team and will be responsible for the delivery of external macro views [...]
Racial injustice more of a professional barrier than caregiving, says two thirds of lawyers August 5, 2021 Racial injustice is the biggest professional barrier for over two thirds of lawyers of colour, a report, published today, finds. In the study by Thomson Reuters, 68 per cent of black lawyers said racially related injustice was a key barrier to climbing up the legal ladder – the study found it was considered to be [...]
Succession – planning that is – and why you don’t need to be as rich as Logan Roy to secure your family’s financial future March 31, 2023 Rivalry and revenge are rife within the Roy family – the dysfunctional clan that returned to screens this week in the Sky series‘Succession’. Camilla Stowell, head of private and commercial clients at Coutts said: “The drama uncovers how emotional conversations about intergenerational wealth and succession planning can be. “However, in reality the process can be [...]
To make the City rich in socio-economic diversity, we need a measure of it first March 28, 2022 THE City of London today is a far more diverse place than when I started out my career as a lawyer. The workers spilling out of the tube stations, flitting between offices, grabbing coffees and enjoying the Square Mile’s vibrant hospitality venues are now a rich cosmopolitan blend, representing every corner of the globe. Strikingly [...]