Partnership crisis: Gen Z doesn’t want to follow the traditional legal career pathway April 9, 2024 The poor work-life balance is putting the new generation of associates off partnership according to a new survey by LexisNexis.
Professional negligence trial against City firm Clyde & Co kicks off March 11, 2024 The trial for a businessman’s $88m lawsuit against his former legal team from Clyde and Co along with two XXIV Old Buildings barristers gets under way at the High Court. As one legal judgment noted, Riad Tawfiq Al Sadik is a “very wealthy” businessman that owns the largest construction and engineering company in the United [...]
Genel Energy boss confident in ‘leaner’ company as Iraq pipeline closure sinks revenue March 26, 2024 Chief executive Paul Weir said his company's cash could double once the pipeline is turned back on
Revolut account closure lawsuit from late Russian oligarch’s son-in-law struck out by High Court January 25, 2024 A High Court judge has struck out a case brought by the son-in-law of a late Russian oligarch against Revolut for "unlawfully" closing his account.
UK fund manager: ‘Gloomy’ London isn’t interested in growth stocks anymore December 1, 2023 Baillie Gifford's funds, which focus on growth, have struggled over the past two years due to high rates and the market environment.
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 [...]
Travers Smith calls juniors into the office for four days a week December 8, 2022 Travers Smith has become the latest City law firm to call lawyers back into the office after telling staff to spend 60 per cent of their time at work. The law firm’s new “agile working” policy calls on Travers Smith’s lawyers to come into the office for six days across every two working weeks. [...]
London pension fintech Smart gears up for deals after $95m funding injection May 15, 2023 London-based pensions fintech firm Smart said it was gearing up for a flurry of dealmaking today as it bagged a $95m funding round from a host of big name backers including New York based outfit Aquiline.
What’s Next: Retailer seeking appeal but does it stand a chance? August 28, 2024 Next lost a major equal pay case this week, resulting in an estimated £30m bill to foot but what does this mean for businesses? Lawyers tell City A.M. that the ruling is a "worrying precedent for employers"
Copyright trial over Jimi Hendrix given green light against Sony Music January 30, 2024 A court ruled that a lawsuit over copyright by the estates of former band members of Jimi Hendrix can proceed to trial against Sony Music. Jimi Hendrix Experience was formed in 1966 with two other band members: David Redding on bass guitar; and John ‘Mitch’ Mitchell on drums. Together they recorded three studio albums: Are [...]