Business of Law Firms
Looking at CMS's redundancies
By Jake Rickman
What do you need to know this week?
On 15 September, RollOnFriday reported that UK firm CMS announced it was making 19 associates in its corporate practice redundant, in what was one of the largest waves of redundancies to...
Investment grade corporates move into convertible bond market
By Jake Rickman
What do you need to know this week?
Investment-grade corporates, which describe the most highly valued publicly traded companies, have increased the value of convertible debt they have raised this year by more...
Business of Law Firms
Ince heads towards terminal collapse
By Jake Rickman
What do you need to know this week?
Welcome to this week’s The Business of Law Firms.
The past few days have seen an avalanche of news surrounding beleaguered firm Axiom Ince (formerly Ince & Co before it was...
The United States announces new "Declaration on Atlantic Cooperation"
By Jake Rickman
What do you need to know this week?
On Monday, the US government announced its new “Declaration on Atlantic Cooperation”. The announcement amounts to a new transatlantic agreement between countries on...
Business of Law Firms
Historical A&O and Shearman merger draws nearer
By Jake Rickman
What do you need to know this week?
A monumental deadline for Allen & Overy and Shearman & Sterling approaches: partners for both firms will begin to cast their votes on 28 September as to if they approve...
Microsoft unbundles Teams from its software offerings to appease EU Commission
By Jake Rickman
Image Credit: monticello / Shutterstock.
What do you need to know this week?
As the Financial Times reported this Monday, software and computing giant Microsoft has announced that it will...
Business of Law Firms
Slaughters adds to its disputes practice
By Jake Rickman
What do you need to know this week?
The Lawyer reported on Monday that Slaughter and May has seen a dramatic increase in the number of disputes associates it has hired in the last year. The firm’s managing...
Alternatives asset class fundraising dampened in 2023
By Jake Rickman
What do you need to know this week?
The FT published an article yesterday detailing the slowing growth of the so-called alternative investment fundraising market. Fundraising is down 23% across the board compared to this...
Business of Law Firms
Axiom Ince's troubles continue
By Jake Rickman
What do you need to know this week?
We return to the saga of beleaguered City firm Ince Gordon Dadds, which since its acquisition by Axiom DWFM is now known as Axiom Ince. When we last reported on Ince, it was when Axiom...
Corporate Stress Rises in the UK
Image credit: William Barton / Shutterstock.com
What do you need to know this week?
The Bank of England published an article yesterday warning that half of UK companies will struggle to service their corporate debt by the end of 2023. This suggests that...
Google and Universal Music strike a deal over AI ‘deepfakes’
By Jake Rickman
What do you need to know this week?
The FT broke a story on Tuesday that Google’s parent company Alphabet, which also owns YouTube, and recorded music giant Universal struck a deal that governs AI-generated...
Business of Law Firms:
Dentons and Dacheng formally split
By Jake Rickman
What do you need to know this week?
The Lawyer announced on Tuesday that international law firm Dentons is formally splitting from its Mainland Chinese business division. Known as Dacheng (大成), Dentons and Dacheng...
HSBC embarks on year's second share buyback
By Jake Rickman
Image Credit: William Barton / Shutterstock.com
What do you need to know this week?
Global investment bank HSBC announced that it will undertake its second $2bn share buyback of the year following the results of its most recent...
Regulators move to shake up UK pension funds
By Jake Rickman
What do you need to know this week?
Nausicaa Delfas, the newly appointed CEO of The Pensions Regulator (TPR), has announced that pension trustees must start considering how to diversify pension investments.
Specifically, pension...
Revisiting interest rates, bank profits, and savings rates
By Jake Rickman
What do you need to know this week?
In developing your commercial awareness, it is important to stay on top of market developments. That is why this week, we return to the nexus of issues at play related to...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.