Lawyers know best: Is it time law firms left the LLP behind? March 8, 2021 Recent legislative changes have paved the way for new, alternative structures in law firms, a sector that was previously dominated by traditional partnerships and LLPs – limited liability partnerships. Alternative business structures (ABSs) – which allow non-lawyers to have a financial stake in a firm – have grown in popularity throughout the 2010s, and for [...]
Top pay at US law firms climbs to over £150k for London’s new solicitors July 5, 2021 Legal practice for the elite has thrived in London despite the pandemic, as an increasing number of US law firms have upped their pay for new solicitors. Houston-based firm Vinson & Elkins last month confirmed its new starting pay of £153,400, up four per cent from the year prior. The Texan firm topped the ranks [...]
Clash of the consultants: Secretariat sues rival over fake Glassdoor review March 9, 2021 Consultancy firm Secretariat is suing rival HKA, after one of the bosses allegedly posted damaging reviews about Secretariat on website Glassdoor. Secretariat has filed a lawsuit in California alleging that Toby Hunt, who is partner, chief business development officer and head of Europe at HKA, made damaging comments on employer review site Glassdoor while posing [...]
HMRC launches 13,000 investigations into potential Covid support scheme fraud June 28, 2021 The UK tax authority has opened almost 13,000 probes into businesses that may have abused the government’s coronavirus business support schemes. HM Revenue & Customs (HMRC) is investigating potential fraud and other non-compliance with the rules for the use of the government’s furlough programme, self employment income support scheme, and the “eat out to help [...]
Ex-Irwin Mitchell duo set up London boutique employment firm May 4, 2021 Former Irwin Mitchell partners Emilie Cole and Shazia Khan have launched a boutique law firm specialising in employment and professional discipline law. The firm, Cole Khan, is located in Chancery Lane, London’s legal heartland, across the road from the Law Society. Currently the firm is all-female, with just the founding partners, though it is looking [...]
Listed law firm Knights revises up earnings forecasts May 19, 2021 Knights expects revenue for its full 2021 financial year to be ahead of market expectations, after a year of growth at the firm. In a market update today, the listed law firm said it anticipates revenue for the full year to be in excess of the £100.8m market consensus, representing a minimum increase of 36 [...]
Ikea France on trial over illegal spying on employees and customers March 22, 2021 Ikea’s French subsidiary and several of its former executives have gone on trial over accusations that they illegally spied on employees and customers. Trade unions reported the furniture and home goods company to French authorities in 2012, accusing it of collecting personal data by fraudulent means and the illicit disclosure of personal information. The unions [...]
Linklaters elects first female senior partner in 183-year history May 12, 2021 Linklaters has elected Aedamar Comiskey as its new senior partner, the first woman to serve in the role since the law firm was established in London in 1838. Comiskey will begin her five-year term on 1 July 2021, when she will succeed current senior partner Charlie Jacobs. Comiskey said: she was “hugely proud” to have [...]
Major London law firms still making use of government’s furlough scheme January 27, 2021 Major law firms, some of which are based in the City of London, are still making use of the government’s furlough scheme. City firms Trowers & Hamlins, BLM and and TLT were among those still making use of the coronavirus jobs retention scheme last month, according to HMRC data published by The Lawyer. A spokesperson [...]
Last alpaca standing: Geronimo and owner on high alert as Kiwi animal faces destruction August 21, 2021 The owner of an alpaca who faces destruction after testing positive for bovine tuberculosis remains on “high alert” after a 24-hour reprieve expired. Helen Macdonald said officials from the Department for Environment, Food and Rural Affairs (Defra) are yet to visit her farm in south Gloucestershire to enforce the destruction order. Geronimo has twice tested [...]