Why I started a family as a trainee at a Magic Circle law firm: ‘There was no right time’

Gillian Boateng is an employment lawyer in the London office of US law firm Skadden, Arps, Slate, Meagher & Flom  From a young age, it was always clear to me that I wanted a successful career. It was also clear to me that I wanted a family of my own and, if possible, I would want … Read more

Johnny Depp’s law firm Brown Rudnick has big plans in London

The live-streamed US libel trial of actor Johnny Depp against his ex-wife Amber Heard dominated the internet for just over a month. But the fervent Google searches also threw his law firm, Brown Rudnick, into the blazing spotlight. Now the 146th largest law firm in the US by revenue is capitalising on its new-found online fame by plotting a London … Read more

Alibaba Stock Has Slumped This Week. Here’s Why.

Text size Alibaba shares have slumped since the company said it would apply for a primary listing in Hong Kong. (Photo by GREG BAKER/AFP via Getty Images) Shares of Alibaba , the Chinese e-commerce giant, fell sharply Friday following a report that said billionaire Jack Ma plans to cede control of Ant Group. Alibaba (ticker: … Read more

Ex-SFO lawyer accused of calling FBI agent a ‘c***’ was unfairly dismissed, tribunal says

A former Serious Fraud Office lawyer was unfairly dismissed after he allegedly insulted a US Federal Bureau of Investigations agent in a London pub, a tribunal ruled. Tom Martin was the SFO’s chief lawyer on its investigation into claims that top executives at Monaco-headquartered Unaoil paid bribes for oil contracts in Iraq.  However, in 2018 he was suspended from … Read more

SFO bosses’ ‘gullibility and arrogance’ slammed in Unaoil fiasco as third conviction quashed

The Serious Fraud Office has been hit with two reports slamming its conduct on the same day the Court of Appeal overturned a conviction related to the agency’s ill-fated Unaoil investigation. At the centre of it all is Lisa Osofsky, the agency’s director, whose actions contributed to overturned convictions, according to the independent report into the … Read more

SFO failures over Unaoil laid out in ‘sobering’ review

Two reports into the failures of the Serious Fraud Office make for “sobering read”, the fraud squad’s director Lisa Osofsky has said. The fraud unit’s boss made the comments in response to 11 recommendations for her agency to respond, set out in a review of the SFO’s failures in the Unaoil fraud case, published on 21 … Read more

Twitter cites UK national security law in legal letter to Musk as $44bn deal teeters

Twitter cited a new British law in a legal letter to Elon Musk, in what lawyers say may indicate that the UK government had concerns about what the $44bn transaction would mean for UK national security. Twitter’s legal team demanded the billionaire comply with his obligations under the merger agreement “including by taking all steps … Read more

SocGen accuses Clifford Chance of negligence in £384m gold bullion dispute

Societe Generale has accused Clifford Chance of negligence over its work for the bank in a dispute over £384m-worth of gold bullion. SocGen engaged the Magic Circle law firm in 2008 to pursue Turkish jewellery maker Goldas. The bank claimed Goldas had failed to pay for 15.725 metric tonnes of gold bullion. The bank obtained a … Read more

Special forces training, dogs and six-figure salaries — how law firms are trying to keep staff happy

Resilience training from former soldiers, dogs in the office and £160,000 salaries for juniors are just some of the ways London law firms are trying to keep their staff happy during a challenging period for morale. Salaries have spiralled in the sector since 2020, with pay topping £160,000 for newly qualified lawyers at some US … Read more

Why lawyers want to go solo: It’s ‘very difficult’ to change the culture in a law firm

 Nearly 40% of lawyers want to launch their own firms, new research showed, but those who have taken the plunge warn it is “not for the faint of heart”.  “Do I wake up at three in the morning and go ‘goodness, I have launched a law firm’ — yes I do,” said Natasha Harrison, managing partner … Read more