UK law firms add 307 net new partners as legal sector grows despite economic uncertainty March 18, 2019 UK law firms added 307 net new partners last year as the legal sector continued to grow despite economic and political uncertainty. Figures from the Solicitors Regulation Authority showed that 4,594 lawyers were promoted to the top ranks of law firms, while 4,287 retired or left in 2017/18. Read more: Magic Circle law firms embrace the [...]
Barclays, Ruby Wax and mental health: How the banking giant is tackling stress in the City May 16, 2019 Square Mile careers are stereotypically fuelled by mantras such as "work-hard, play-hard", achieving "inbox zero", "surviving the rat race". All are excuses for raising your tolerance to stress. As a result the career pathways of the City are often littered with burned-out workers. Read more: Wellbeing should be top of the business agenda Unsurprising, stress [...]
Shares rocket in listed law firm Keystone following strong trading update January 21, 2019 Shares in Keystone Law jumped by nearly 15 per cent today after it said it expects to be “comfortably ahead” of market profit expectations for its financial year. Keystone, which became just the third UK firm to float when it went public in November 2017, said it continued to trade strongly in the second half of [...]
Shares in law firm Gordon Dadds resume trading following Ince & Co merger deal January 2, 2019 Shares in listed law firm Gordon Dadds resumed trading today after it sealed a merger with shipping firm Ince & Co. Shares in Gordon Dadds were suspended in September after City A.M. broke the news that the pair were in late-stage merger talks. Gordon Dadds has taken over the UK assets of Ince, having originally [...]
Trade minister Greg Hands: UK using Brexit to “spread the word” about liberalising global trade in services April 25, 2018 The UK is using Brexit as an opportunity to push for the global liberalisation of trade in services, trade minister Greg Hands has said. Speaking at a private event hosted by law firm DWF this morning, Hands sought to reassure financial and legal firms on Brexit and the government’s work to secure greater trade opportunities [...]
Law firm Knights aims to raise £50m in largest-ever legal float June 26, 2018 Regional law firm Knights has said today it plans to raise £50m in its London float later this month in what will be the largest legal listing to date. The offer price has been set at 135p per ordinary share which will result in a market capitalisation of approximately £103.5m. The firm will received gross [...]
Law firm Knights to raise £50m in largest-ever legal float June 26, 2018 Regional law firm Knights has said today it plans to raise £50m in its London float later this month in what will be the largest legal listing to date. The offer price has been set at 135p per ordinary share which will result in a market capitalisation of approximately £103.5m. The firm will received gross [...]
Sadiq Khan floats ‘junk food’ advertising ban on entire TfL network May 11, 2018 London Mayor Sadiq Khan has today proposed a ban on “junk food” across the entire Transport for London (TfL) network. The move is intended to tackle the “ticking timebomb” of childhood obesity in London. Khan said: “Child obesity in London is a ticking timebomb and I am determined to act. If we don’t take bold [...]
Tech and Brexit: The challenges and opportunities facing the FTSE 100 April 25, 2018 The challenges that are facing the blue chip businesses forming the FTSE 100 index have been laid bare by a new survey from global legal services firm DWF. The 2018 “City of London: Blueprint for Growth” report contains polling results from 150 c-suite executives from FTSE 100 companies, across a range of business sectors and [...]
Government cannot intervene to safeguard Vauxhall jobs, say experts March 6, 2017 The UK government is powerless to challenge or influence PSA’s merger with the owner of Vauxhall from a legal perspective, experts have said. The owner of Peugeot and Citroen revealed this morning it had reached an agreement with General Motors (GM) to merge European operations in a deal that values the combined business at €2.2bn [...]