Post merger A&O Shearman generates £2.9bn in revenue as partner pay falls short of competitors August 22, 2025 The first results following the anticipated merger of A&O Shearman show that equity partners pocketed £2m, slightly below the figures from its legacy Magic Circle firm
Law firms slammed by regulator over risky client practices on high-volume claims August 22, 2025 The legal regulator has criticised law firms that handle high-volume consumer claims for poor practices that could harm the public, warning that urgent improvements are needed.
Law firm partners’ pay rockets past rest of UK workforce August 20, 2025 Partners at British law firms have seen their income rise over twice as fast as the rest of the UK workforce over the last five years. According to data shared with City PM by Bowmore Wealth Group, the income of law firm partners rose 42 per cent to an average of £307,000 over the last [...]
Burford Capital in talks to buy stakes in US law firms August 18, 2025 Legal financial firm Burford Capital is in talks to buy stakes in a US law firm, the identity of which has not been disclosed
Carter-Ruck’s libel lawyer referred to Disciplinary Tribunal August 7, 2025 A partner at the City-based law firm Carter-Ruck, renowned for its libel work, was referred to a prosecution hearing by the legal regulator over an “improper” threat to sue
Slater and Gordon sheds 150 jobs as it returns to profit July 30, 2025 Law firm Slater and Gordon shed 150 jobs as it returned to profit during its latest financial year, it has been revealed. The Manchester-headquartered business has reported a pre-tax profit of £5.9m for 2024, according to new accounts filed with Companies House. The profit comes after the firm fell to a pre-tax loss of £2.9m [...]
Law firm partner hiring surges in City amid private equity boom July 25, 2025 Demand for new partners with private equity expertise has reached an all-time high, as top US law firms continue to dominate lawyers appetite
Clifford Chance revenue surges to £2.4bn as US drives growth July 23, 2025 British elite law firm Clifford Chance's profit surged by double digits over the last financial year, after the firm generated £944m, as the firm saw a three-year consecutive increase in profit
Linklaters: Profit passes £1bn as partners set for record pay day July 22, 2025 Profit at Linklaters has surged past the £1bn for the first time as the law firm’s partners are set to share a record pay day. The London-headquartered firm, which dates back to 1838, has posted a pre-tax profit of £1.08bn for its year to 30 April, 2025, a rise of 14 per cent compared to [...]
AI is on the march but many law firms still don’t have a strategy July 17, 2025 UK law firms are ahead of their international peers in their pace of AI adoption but most firms still don’t have an AI strategy.
