Top Stories

• 

  FCA Oversight Spells Tougher AML Scrutiny For Law Firms

  By Christopher Crosby

  The Financial Conduct Authority's new powers to police lawyers and other professionals could place law firms und...(read more)

• 

  Pogust Goodhead Accused By Ex-Partner Of Unfair Dismissal

  By Lucia Osborne-Crowley

  The former chief legal officer and partner at Pogust Goodhead appeared before the Employment Tribunal on Tuesday...(read more)

ADVERTISEMENT


• Top Law Firms Show Progress On Inclusion, Report Says

  By Hanna Vioque

  The legal sector has made "substantial progress" in ensuring that individuals of all social classes are represented in its ranks, according to a report published on Thursday by a consultancy.

• Freeths Accused Of Negligence By Scottish Car Dealership

  By Jamie Lennox

  Freeths is facing a negligence claim in a London court from a Scottish car dealership that it previously represented in litigation against a Renault-owned financing company.

• Burges Salmon Faces Negligence Case Over Fund Setup Fight

  By William Janes

  An investment banker has sued Burges Salmon for negligence in a London court, accusing the firm of leading him into a "hopeless" legal battle over claims he was excluded from the creation of an investment strategy.

• Barristers Report Better Well-Being But Gaps Persist

  By Ashish Sareen

  The Bar Council said Monday that more work needs to be done amid lower levels of well-being among younger barristers and women, as well as those working in criminal and family law. 

• Reed Smith Nets Ex-Leicester City GC As Partner In London

  By Jamie Lennox

  Reed Smith LLP said Monday it has hired the general counsel of former Premier League champions Leicester City FC as a London-based partner in its entertainment and media practice.

• Paul Hastings Hires Weil, Cadwalader Pros For Tax Expansion

  By Ashish Sareen

  Paul Hastings LLP said Monday that it has hired two new partners from Cadwalader Wickersham & Taft LLP and Weil Gotshal & Manges LLP in London as it looks to build a tax team to support its growing transactional practices.

• UK LLPs Face Reduced NICs, But Equity Partners Still At Risk

  By Marialuisa Taddia

  Chancellor of the Exchequer Rachel Reeves has reportedly scaled back plans to impose National Insurance contributions on LLP members but is reportedly considering a reduced rate — a move experts warn could still significantly impact equity partners. 

• The Revolving Door: Eversheds, Paul Hastings Make Big Hires

  By Ashish Sareen

  Over the past week, Eversheds Sutherland recruited three new partners from DLA Piper to boost its transactional risk insurance and construction practices, Paul Hastings LLP added a structured finance specialist from Ashurst LLP and Charles Russell Speechlys LLP hired a tax expert from Clifford Chance LLP. Here, Law360 looks at those and more of the week's most notable lateral hires around the U.K.

• Gov't Floats FCA Powers To Punish Lawyers For AML Lapses

  By Christopher Crosby

  The U.K. government has said it intends to give the Financial Conduct Authority broad powers to enforce anti-money laundering and counter-terrorism regulations against the legal sector, including the ability to issue fines and bans mirroring those imposed against financial firms.

• AI Platform Legora Launches Portal To Ease Firm-Client Work

  By Marialuisa Taddia

  Swedish legal AI platform Legora said Friday it is developing a document portal that lets lawyers and clients work together in a secure workspace that avoids "inefficient" email chains with a roll-out date expected in early 2026.

• Akin's London Chief Leaves For GC Spot At Dubai Tech Biz

  By Ashish Sareen

  Digital technology provider Veon Ltd. said Thursday that it has hired Sebastian Rice as general counsel, where he will take on a new role after spending the past 24 years at Akin Gump Strauss Hauer & Feld LLP.

• City Firms Lead Profit Growth As Regional Firms See Decline

  By Marialuisa Taddia

  The financial gap between City and regional law firms is widening, with big players seeing their partner profit pools surge more than 12% in financial years ending in early 2025 while regional firms saw declines of more than 10%, according to a new report published Thursday.