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Pulse UK
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September 24, 2024
Burford Bolsters Diversity Program With $150M Injection
Burford Capital LLC said Tuesday that it has allocated an additional $150 million to a project aimed at fostering diversity in commercial litigation and arbitration in a move to help tackle the persistent problem, particularly in the sector's highest ranks.
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September 24, 2024
Norton Rose Stresses Regional Chops In New Leadership
A year after the sudden departure of Norton Rose Fulbright's worldwide CEO, the firm announced a permanent reshuffling of its global management structure, formally putting regional managing partners in charge of coordinating the firm's international business.
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September 23, 2024
More Law Firms To Review Billing Methods As AI Use Soars
Legal businesses increasingly expect to rethink their billing practices as more and more lawyers begin using generative artificial intelligence tools to speed up their work, an industry survey published Tuesday found.
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September 23, 2024
9 Stone Buildings Closes Down As 17 Members Exit
9 Stone Buildings said Monday that it has closed as 17 members moved to two other barristers' chambers, leaving the legal market after more than 130 years of history.
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September 23, 2024
7 Questions For Ashurst White-Collar Partner Judith Seddon
Judith Seddon, a partner at Ashurst LLP, made her mark by working on major cases arising from the 2008 financial crisis. Here, she sits down with Law360 to talk about her career, trends in white-collar work and how she ended up in criminal law entirely by accident.
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September 23, 2024
Freeths' Turnover Smashes 2023 Record To Top £145M
Freeths LLP said Monday that it has registered a double-digit surge in turnover to more than £145 million ($194 million) — a new record driven by a strong performance in areas such as corporate and real estate.
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September 23, 2024
SRA's Fining Framework Is Flawed, City Law Society Says
Proposals by the solicitors' watchdog to impose fines of up to 25% of a law firm's annual turnover for economic crime offenses could be unlawful and vulnerable to judicial review, the City of London Law Society said on Monday.
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September 23, 2024
FCA Faults City Bodies' AML Policing As Inconsistent
The Financial Conduct Authority on Monday raised concerns over the inconsistent enforcement of anti-money laundering regulations by City professional bodies, particularly in the legal and accountancy sectors.
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September 27, 2024
Greenberg Traurig Taps Pinsent Masons For 3 Arbitration Pros
Greenberg Traurig LLP announced Friday that it has hired three international arbitration specialists as shareholders from Pinsent Masons LLP, including a former practice co-head, to boost its disputes offerings to clients from around the world.
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September 20, 2024
Paul Weiss Launches Work Experience Program In London
Paul Weiss Rifkind Wharton & Garrison LLP has launched its first vacation work experience scheme for aspiring lawyers in the U.K. as part of its plan to recruit its first cohort of trainee solicitors in London in 2026.
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September 20, 2024
SRA Keeps Chair On As It Gets Ready To Amp Up Oversight
The Solicitors Regulation Authority said Friday that it has extended its chair's term by two years, in a bid to maintain stability as the regulator prepares to switch to a more proactive approach to regulating the sector in the wake of recent law firm scandals.
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September 20, 2024
DWF Property Pro Aims To Score Big With New Sports Unit
DWF has advised superstar athletes including Formula One drivers and footballers since the 1980s, but has never joined the dots to create a full-scale sports law practice — until now.
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September 20, 2024
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen crypto exchange Binance face a new claim from the co-founder of SO Legal, a U.S. immersive art company take on a Bristol venue for copyright violations and Blake Morgan LLP hit with a pension schemes claim by The Trust for Welsh Archeology. Here, Law360 looks at these and other new claims in the U.K.
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September 20, 2024
Solicitor Struck Off Over Blackmail Conviction
A London tribunal has banned a solicitor from practicing in the profession after he was convicted by a criminal court of blackmailing a company director in a board meeting.
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September 20, 2024
DLA Piper Boosts Corporate, Insurance Teams With 2 Partners
DLA Piper has strengthened its European corporate and insurance practices with the recruitment of two experienced partners to its offices in Spain and Italy.
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September 27, 2024
Freeths Hires Ex-Ashfords IP Pro To Launch Practice In Bristol
Freeths LLP has recruited a chartered trademark attorney from Ashfords LLP to launch a new intellectual property practice in Bristol as it looks to generate work from clients in the technology and similar sectors.
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September 19, 2024
Dechert Settles Aviation Exec's Hack Cover-Up RICO Claims
An airline mogul has cut a confidential deal with Dechert and two former partners of the firm to let them off the hook in his sprawling civil Racketeer Influenced and Corrupt Organizations Act lawsuit in New York federal court, the settling parties announced Thursday.
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September 19, 2024
Solicitors Watchdog Bars Barrister Over Rape Conviction
The Solicitors Regulation Authority said on Thursday that it had banned a barrister from working for a law firm after he was jailed for raping a woman he had met on Tinder.
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September 19, 2024
London Law Firm Fined For Breaching AML Rules
A London law firm must pay £3,700 ($4,900) in fines plus costs after it failed to comply with strict anti-money laundering and terrorist financing rules, the solicitors' watchdog for England and Wales has said.
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September 26, 2024
Wiggin Scores 6-Person Sports Law Team From Walker Morris
Wiggin LLP announced Thursday it has hired a new chief for its sports law practice, along with his five-strong team, as the firm looks to cement its practice in the area.
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September 19, 2024
Irwin Mitchell Boosts NQ And Trainee Salaries
Irwin Mitchell has updated its salary structure for young lawyers across the U.K., with top earners in London who are newly qualified now earning £76,000 ($101,000).
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September 19, 2024
Less Office Space? Not For Greenberg Traurig's London MP
Fifteen years have passed since Fiona Adams co-founded the London office of Greenberg Traurig, and after she overcame early challenges the firm is thriving in the capital. Here, Adams looks back at those times — and forward to the next few years.
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September 19, 2024
Solicitor To Face Tribunal Over Alleged AML Failure
The owner of a law firm has been accused of failing to ensure that his practice complied with anti-money laundering laws, as well as allegedly making a "false and misleading" declaration to the Solicitors Regulation Authority, the watchdog has said.
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September 18, 2024
Fieldfisher Solicitor Picked For High Court Slot
A senior corporate finance and M&A law specialist at Fieldfisher LLP is one of two new appointees to serve as a High Court judge, representing a new high in a legal career that has spanned nearly 40 years.
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September 18, 2024
IP Consultancy Can't Get TM For 'Claims'
An IP consulting firm may entirely lose its mark for "Claims" after European appellate officials ruled it didn't function as a trademark at all.