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  1. Mini Series: The Business of Law Firms - Profit

    13 July 2022 Mini Series: The Business of Law Firms - Profit

    Mini Series: The Business of Law Firms - Profit By Jake Rickman Overview This article is the third in a series on the Business of Law Firms. Last time, we considered why profit might be calculated in different ways and then looked at two measures of profit: operating profit and profit...
  2. Jake Rickman

    Mini Series: The Business of Law Firms - Profit

    This thread is for the general discussion of the Article Mini Series: The Business of Law Firms - Profit. Please add to the discussion here.
  3. Jake Rickman

    Is BPP's LPC exam still open book?

    Great, thanks! Does this mean we can print out our own notes and keep them in a binder?
  4. Jake Rickman

    Is BPP's LPC exam still open book?

    Hi all! Hope you're surviving the heatwave! Just wondering if anyone has any insight as to BPP's LPC exam policy as regards if it is open book still. I am supposed to start in September and cannot seem to get a concrete answer out of BPP itself. Thanks!
  5. Mini Series: The Business of Law Firms - Profit

    29 June 2022 Mini Series: The Business of Law Firms - Profit

    Mini Series: The Business of Law Firms Profit By Jake Rickman Overview This article is the second in a series on the Business of Law Firms. Last week, we looked at the basics of an income statement by examining Clifford Chance’s most recently published accounts. Specifically, we considered...
  6. Trump's SPAC Setback

    29 June 2022 Trump's SPAC Setback

    Trump's SPAC Setback By Jake Rickman What do you need to know this week? A United States federal grand jury has served Digital World Acquisition Corp (DWAC) — the blank-cheque SPAC that intends to acquire former president Donald Trump’s Trump Media and Technology Group (TMTG) — with a...
  7. EY Undervalues NSO Group

    29 June 2022 EY Undervalues NSO Group

    William Barton / Shutterstock.com EY Undervalues NSO Group By Jake Rickman What do you need to know this week? Big Four firm EY is under scrutiny for its valuation of the controversial NSO Group. EY had valued the group at £1.9bn shortly before the Israeli defence firm received a $10m...
  8. Mini Series: The Business of Law Firms - A Firm's Accounts

    22 June 2022 Mini Series: The Business of Law Firms - A Firm's Accounts

    Mini Series: The Business of Law Firms A Firm's Accounts By Jake Rickman Overview We will look at some key drivers of law firms as a business in what will be the first in a mini-series on the business of law firms. This week’s goal is to demystify a law firm’s accounts (specifically its...
  9. EY Moving Ahead with Carve Out Plans

    22 June 2022 EY Moving Ahead with Carve Out Plans

    William Barton / Shutterstock.com EY Moving Ahead with Carve Out Plans By Jake Rickman What do you need to know this week? Big Four professional service firm Ernst & Young (EY) appears to be moving ahead with its plan to break up its business by possibly listing its advisory business on...
  10. Historic Rate Rises with More Likely to Follow

    22 June 2022 Historic Rate Rises with More Likely to Follow

    Historic Rate Rises with More Likely to Follow By Jake Rickman What do you need to know this week? On Wednesday last week, the US Federal Reserve raised its federal funds rate by 75 bps (i.e. basis points, equivalent to 0.75%) from a target range of 0.75% - 1.00% to 1.50% – 1.75%. This is...
  11. The Legal Profession This Week - Mishcon Suspends IPO

    15 June 2022 The Legal Profession This Week - Mishcon Suspends IPO

    The Legal Profession This Week - Mishcon Suspends IPO By Jake Rickman What do you need to know this week? Mishcon de Reya has suspended its initial public offering (IPO) — a plan that has been in the works since 2019. IPOs around the world are down across the board. The volume of cash...
  12. Evaluating the Risk of a Recession

    15 June 2022 Evaluating the Risk of a Recession

    Evaluating the Risk of a Recession By Jake Rickman What do you need to know this week? First, energy prices around the world continue to soar due to further supply interruptions, including a fire at a key liquid natural gas (LNG) terminal in the US and Russia’s announcement of additional...
  13. Crypto Company Coinbase Contracts

    15 June 2022 Crypto Company Coinbase Contracts

    Nadezda Murmakova / Shutterstock.com Crypto Company Coinbase Contracts By Jake Rickman What do you need to know this week? The US-based crypto exchange platform Coinbase has laid off 1,100 employees — equivalent to nearly 20% of its staff. A blog post on the company’s website cites a...
  14. Foxtrot! Paramount sued over Top Gun Sequel

    8 June 2022 Foxtrot! Paramount sued over Top Gun Sequel

    chingyunsong / Shutterstock.com Foxtrot! Paramount sued over Top Gun Sequel By Jake Rickman What do you need to know this week? On Monday, it was announced that the studio that produced the recently-released sequel to the 1980s blockbuster Top Gun is being sued for copyright infringement...
  15. Judicial Review Claims Against the London Metal Exchange

    8 June 2022 Judicial Review Claims Against the London Metal Exchange

    Peter Bueno / Shutterstock.com Judicial Review Claims Against the London Metal Exchange By Jake Rickman What do you need to know this week? This week, hedge fund Elliott Management and market maker Jane Street have each filed a judicial review claim against the London Metal Exchange (LME)...
  16. UK Consumer Spending Slows for Second Successive Month

    8 June 2022 UK Consumer Spending Slows for Second Successive Month

    UK Consumer Spending Slows for Second Successive Month By Jake Rickman What do you need to know this week? In a joint report compiled by professional services firm KPMG and the British Retail Consortium, consumer spending is down for the second month in a row in April. In effect, retail...
  17. Trian Founder to Join Board of Unilever

    1 June 2022 Trian Founder to Join Board of Unilever

    Trian Founder to Join Board of Unilever By Jake Rickman What do you need to know this week? The founder of Trian Fund Management, Nelson Peltz, has been appointed to the board of Unilever as a non-executive director. As we reported on not once, but twice: Trian acquired a 1.5% stake in...
  18. The Sale of AC Milan

    1 June 2022 The Sale of AC Milan

    ph.FAB / Shutterstock.com The Sale of AC Milan By Jake Rickman What do you need to know this week? The agreement to sell this year’s Serie A season-winner A.C. Milan has been finalised. Bloomberg reports that the deal could be valued at €1.2bn. Elliott Management Corporation — one of the...
  19. Clifford Chance Ups the Ante in the City Pay War

    25 May 2022 Clifford Chance Ups the Ante in the City Pay War

    Clifford Chance Ups the Ante in the City Pay War By Jake Rickman What do you need to know this week? Magic Circle law firm Clifford Chance announced on Monday it will now pay its newly qualified solicitors £125,000 per annum. This marks yet another raise in what seems to be a...
  20. Jake Rickman

    Clifford Chance Ups the Ante in the City Pay War

    This thread is for the general discussion of the Article Clifford Chance Ups the Ante in the City Pay War. Please add to the discussion here.

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