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17 December 2025
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Business of Law Firms
The Magic Circle and its branding issues
By Jake Rickman
What do you need to know this week?
This is the 19th article in TCLA’s series on the Business of Law Firms.
Last week, former Slaughter and May senior partner Christopher Saul published an insightful opinion...
The Musk-Twitter deal completes, but the saga continues
By Jake Rickman
Image credit - KLYONA / Shutterstock.com
What do you need to know this week?
Last Friday, 27 October, Elon Musk’s takeover of Twitter was completed and he took possession of the shares in the company. While this marks...
Interest rate hike (again)
By Jake Rickman
Image credit - William Barton / Shutterstock.com
What do you need to know this week?
The Bank of England is set to convene tomorrow, 3 November. The topic of the meeting is again interest rates. It is almost guaranteed the BoE’s policymaker will...
Business of Law Firms
Charles Russell Speechlys to open up Singapore office
By Jake Rickman
What do you need to know this week?
Welcome to the 18th article in TCLA’s the Business of Law Firm series.
As reported by The Lawyer, UK-headquartered firm Charles Russell Speechlys will open an...
3M and the Texas Two Step
By Jake Rickman
Image credit - JPstock / Shutterstock.com
What do you need to know this week?
As reported by the Financial Times, the US consumer conglomerate 3M is facing the court’s scrutiny in its attempt to use the controversial Texas Two Step to minimise its...
Truss resigns; Sunak wins bid for PM; Markets tepidly rally
By Jake Rickman
Image credit - ComposedPix/Shutterstock.com
What do you need to know this week?
Someone once said, “There are decades where nothing happens; and there are weeks where decades happen.” No doubt the past few weeks...
Business of Law Firms
BDB Pitmans and WBD announce potential merger
By Jake Rickman
What do you need to know this week?
Welcome to the 17th article in TCLA’s series on the Business of Law Firms.
This week we will look at an exciting bit of news: Roll on Friday was the first to report last...
KKR shoots $400bn into Top Gun producer
By Jake Rickman
What do you need to know this week?
KKR, one of the world’s largest and most recognised private equity firms, has zeroed in on the studio production company behind one of this year’s hottest films, Top Gun: Maverick, with a $400m cash...
Whirlwind Week for Bonds and the Government
By Jake Rickman
What do you need to know this week?
Another week. Another Chancellor of the Exchequer.
Last Friday, 14 October, former Foreign Secretary Jeremy Hunt replaced Kwasi Kwarteng as the head of the Treasury following what was one of...
Mini Series: Business of Law Firms
Restructuring & Insolvency
By Jake Rickman
What do you need to know this week?
This is the sixteenth article in TCLA’s series on the Business of Law Firms.
This week will be the first of several intermittent articles giving an overview of certain...
Volatile Pound Hits UK Law Firms' Growth Ambitions
By Jake Rickman
What do you need to know this week?
The FT reports that the hiring efforts among the largest UK law firms including Magic Circle firms Freshfields have been affected by the volatile movements in pound sterling...
Bank of England to Extend Intervention
By Jake Rickman
What do you need to know this week?
The Bank of England has announced it will double down on certain aspects of its gilt repurchasing programme which it began on 28 September following the market’s reaction to the government’s new...
Mini Series: Business of Law Firms
Distressed Law Firm Assets
By Jake Rickman
What do you need to know this week?
Welcome to the 15th article in our series on the Business of Law Firms.
Last week, we looked at the importance of leverage in assessing how leanly a law firm staffs its...
Pension Crisis Averted
By Jake Rickman
What do you need to know this week?
Following the government’s “mini-budget” announcement on Friday 23 September, the market reacted rather adversely (to put it mildly). Last week, we looked at the impact the announcement had on the pound. Shortly...
Musk's Twitter Deal is Back On
By Jake Rickman
What do you need to know this week?
In July, we reported that Elon Musk stalled on his proposed acquisition of Twitter at $54.20 a share, citing the fact that the social media giant had misrepresented the extent to which fake accounts...
Mini Series: Business of Law Firms
Leverage
By Jake Rickman
What do you need to know this week?
Welcome to the fourteenth article in our series on the Business of Law Firms.
This week, we will look at some figures The Lawyer has pulled together related to leverage, which is described as a...
When is a budget a budget?
By Jake Rickman
What do you need to know this week?
Under the leadership of Liz Truss’s government, Chancellor of the Exchequer Kwasi Kwarteng announced on Friday a sweeping reform of the UK’s fiscal policy in what the government calls its “mini-budget”...
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