UK-based ‘magic circle’ law firm posts record annual profits on pick-up in dealmaking
Headcount fell 3% last year with firms axing jobs and moving staff as post-pandemic boom fades
UK tax authority was pursuing Conservative donor for income and employment-related taxes
This monthly series, now in its third year, examines how the legal ecosystem is using new technologies to serve fast-changing business needs. Part 3: Consolidation is the watchword as contract management suppliers join forces
The prospect of applying tech breakthroughs to handling data-rich digital documents has prompted a flurry of deals
New York judge dismisses six-year old legal action accusing consulting firm of conflicts of interest in bankruptcy cases
Court case to test the issue as move to more corporate structure raises another question: should the firm go public?
Janet Truncale’s alternative to failed spin-off of consulting arm is criticised for lacking detail
Tension between Beijing and Washington has increased scrutiny of western businesses operating there
Janet Truncale has told company’s 400,000 staff she wants to simplify operations instead
Some company lawyers are turning to experts to master their use of generative artificial intelligence
Court of Appeal to hear test case for widening use of class action lawsuits
US state’s status as premiere corporate home in flux as companies and shareholders disagree over board powers
Supporters say investor litigation raises governance standards but critics warn benefits skew to lawyers and funders
Lawyers at SFO and FCA earn increasingly less than peers at private firms
Big Four firm has carried out review of cost base and is also facing a drop in number of staff leaving
Profit warning in unscheduled trading update sent shares tumbling
German lender needs to rely on its own expertise, says division’s new boss Claudio de Sanctis
Tools are set to make some skills redundant and free up time for more value-added tasks
Disclosure puts further pressure on telecoms group and former Conservative party donor
‘Magic circle’ firms hiked pay for newly qualified solicitors to £150,000 to compete with US rivals
Both Tories and Labour pledge to cut reliance on external firms
2024’s ranking of intellectual property law firms; the Unified Patent Court’s first year; gender and race-based gaps in patent applications; AI’s ‘double-edged sword’; EU plans for gene-edited crops patent ban and new Standard Essential Patent rules
Listings are based on recommendations made by clients and peers to FT research partner Statista
New technology is set to radically change role of specialist practitioners
