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Pulse UK
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June 26, 2025
Litigation Funding Faces $15B Gap Amid Regulatory Hurdles
Litigation funding is falling far short of its estimated $15 billion market potential, as actual investment continues to lag amid regulatory uncertainty and limited transparency, according to a report published Friday.
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June 26, 2025
McDermott, Schulte Roth Vote To Approve $2.8B Merger
Partners at Schulte Roth & Zabel and McDermott Will & Emery have voted in favor of merging to create the combined firm of McDermott Will & Schulte, the firms announced Thursday.
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June 26, 2025
Dechert Hires PE Pro In London From Wealth Fund GIC
Dechert said on Thursday it has recruited a new partner from Singaporean sovereign wealth fund GIC, adding global private capital expertise to its corporate and securities practice in London.
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June 26, 2025
Michelman & Robinson Adds 1st International Office In UK
U.S. law firm Michelman & Robinson LLP announced Thursday that it is opening its first international office in London in response to "a clear and consistent call" from its global client base.
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June 26, 2025
Law Firm Fined £24K After Admitting AML Failings
The solicitors' watchdog has fined a law firm in northern England £24,149 ($33,223) for failing to conduct certain money laundering checks over three years, but noted that the firm didn't benefit from the misconduct.Â
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June 26, 2025
Law Firm Settles Crypto Fraud Victim's Negligence Claim
A boutique investment fraud law firm and a cryptocurrency fraud victim have inked a settlement to end a claim accusing the firm of providing negligent advice to recover £500,000 ($687,600) in stolen funds.
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June 26, 2025
Private Client Pro Rebuked Over Client Confidentiality Breach
A solicitor has been reprimanded after she removed and shared documents containing confidential client information from her former firm without the knowledge of either the legal business or its clients, the Solicitors Regulation Authority has said.
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June 26, 2025
SRA Taps FRC Exec To Lead Regulator Past Controversies
The Solicitors Regulation Authority said Thursday that it has appointed a senior executive from the U.K. accounting watchdog as its new chief executive, as the regulator navigates a turbulent period marked by high-profile scandals and increased scrutiny.
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June 26, 2025
Linklaters Reelects Leadership After Record Financial Year
Linklaters LLP said Thursday that its partnership has "overwhelmingly" voted to extend the terms of its current senior partner and firmwide managing partner for another four years following another record financial year.
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June 26, 2025
Stephenson Harwood's Revenue Passes £300M In New Record
Stephenson Harwood LLP said Thursday that it has set new records by posting revenue of more than £300 million ($411 million) and partner profits of £1 million as it published its latest financial results.
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June 25, 2025
Tribunal Member Loses Bid For Status To Claim Holiday Pay
An employment tribunal has rejected a panel member's claim for holiday pay because she wasn't a worker under U.K. law.
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June 25, 2025
Lloyds PE Unit Targets UK Legal Market In Harper James Deal
The private equity arm of Lloyds Banking Group has acquired a stake in an English law firm that relies almost entirely on solicitors working remotely, as investors continue to target the £37 billion ($50 billion) U.K. legal services market.
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June 25, 2025
Legora Unveils AI-Powered System For Complex Legal Tasks
Legora said Wednesday that it has developed a new system that uses advanced artificial intelligence technology to automate more complex legal tasks such as due diligence from start to finish, freeing human lawyers to spend more time delivering strategic advice to clients.
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June 25, 2025
MoJ To Spend £14M Fixing Crown Court's Leaking Roof
The Ministry of Justice said Wednesday that it will spend £14 million ($19 million) to fix a leaky roof at Nottingham Crown Court that has led to the closure of several courtrooms.
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June 25, 2025
Solicitor Hit With £30K Court Bill Over Fake Car Claims
A solicitor has been handed an eight-month suspended sentence and a £30,874 ($40,871) bill for filing false claims that city potholes in Stoke-on-Trent were damaging cars, following an investigation that uncovered anomalies in his invoices.
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June 25, 2025
Ex-Trowers Pro Loses Disability Claim Over SRA Referral
An employment tribunal has barred a former employee of Trowers & Hamlins LLP from bringing part of a legal claim against the firm after it reported her to the Solicitors Regulation Authority.
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June 25, 2025
Baker McKenzie Hires Transactions Pro From K&L Gates
Baker McKenzie has hired an energy and infrastructure contract expert as a partner at its London office as the firm presses ahead with its lateral hiring push.
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June 25, 2025
Steptoe Chastised For Breaching Russian Sanctions
The solicitors' regulator has rebuked the U.K. arm of Steptoe International after it breached the terms of its license to act for two clients under the Russian sanctions regime.
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June 24, 2025
Irwin Mitchell Can't Ax Pension Fraud Negligence Claim
A London court on Tuesday denied Irwin Mitchell's bid to scrap a professional negligence suit against a firm it merged with in 2015, but ruled Irwin Mitchell itself is not liable for the advice given to a pensioner in the wake of alleged fraud.
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June 24, 2025
Gov't Eyes Clearer AML Rules Under Industrial Strategy
The U.K. government has laid out plans to introduce "clearer and more proportionate" money laundering regulations in broader plans to boost growth as it dubbed the country's legal sector one of the key drivers.
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June 24, 2025
Liverpool Conveyancing Firm Shuttered Over Client Accounts
The Solicitors Regulation Authority said Tuesday that it has shut down a law firm in Liverpool after finding that the firm and its managers failed to comply with rules governing the handling of client money.
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June 24, 2025
Law Firm Partner Denies Ignoring Signs Of £7M Client Fraud
A partner at Portner Law denied dishonestly allowing use of the firm's account to launder money, telling a London trial that he did not register any red flags with a client who was involved in a £7 million ($9.5 million) fraud.
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June 24, 2025
Gateley Denies Housing Developer's Negligence Claim
Gateley PLC has denied that a law firm it acquired gave negligent advice to a housing developer during the purchase of two sites in southeast England and said that alleged legal restrictions on the land have not rendered the plots unprofitable.
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June 24, 2025
Bar Pupils Report High Stress, Doubts About Future
The percentage of pupils who would recommend a career at the bar has dipped amid rising stress levels and doubts about their future in the profession, according to a study published by the Bar Council on Tuesday.
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June 23, 2025
Perkins Coie Lays Off 5% Of Staff Amid Strategic Review
Perkins Coie LLP, which successfully fended off President Donald Trump's executive order targeting the firm, has reportedly laid off roughly 5% of its professional staff this month, and attributed the reductions to the firm's strategic realignments following a yearlong review of its business operations.

AI-Driven Fake Evidence Could 'Play Havoc' In Legal Disputes
A recent High Court judgment exposed how nonexistent artificial intelligence-generated citations had been used in legal arguments — but experts say this could be the tip of the iceberg for increasingly sophisticated fake evidence making its way into disputes.

Pro Bono Plan Aims To Make CAT Claims Accessible To All
It might come as a surprise that the U.K.'s venue for high-stakes class actions against some of the world's largest companies is planning a new pro bono scheme. But the Brick Court Chambers antitrust silk running the program told ¼«ËÙÈü³µ that she sees a real chance to help smaller players get a fair shot at enforcing their rights under a complex area of law.

Apprenticeship Age Cap Risks Widening Legal Sector Divide
The government's move to restrict funding for solicitor apprenticeships to those under 22 risks widening the gap between large and small law firms, while reigniting concerns over social mobility and diversity in the legal profession.

AI-Powered Law Firm Sparks Debate On Legal Sector's Future
The country's first approved artificial intelligence law firm could be a turning point, making it easier for individuals and small businesses to get legal support. But the proliferation of artificial intelligence in the legal sector could also put considerable pressure on small firms and solo practitioners.
Editor's Picks
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The Revolving Door: Sullivan & Cromwell Bags Finance Head
Over the past week, the head of Allen Overy Shearman Sterling's financial services group joined Sullivan & Cromwell, Baker McKenzie swiped an investment funds specialist from Latham & Watkins, and a cyber heavyweight exited Deloitte Legal for Reynolds Porter Chamberlain.
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The Revolving Door: Addleshaw Hires Cyber Chief From Bird
Over the past week, Addleshaw Goddard LLP hired a new director of cyber investigations from Bird & Bird LLP, Dechert LLP saw two experts in international capital markets transactions move to Baker Botts LLP, and Simpson Thacher & Bartlett LLP recruited an expert in secondaries transactions from Kirkland & Ellis LLP.
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3 Key Takeaways From The UK's Litigation Funding Review
A government-backed review has set out 58 recommendations to reform the litigation funding sector in England and Wales, in a move that could deliver a significant boost to third-party funders after two years of uncertainty.
Expert Analysis
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Series
Practice Leader Insights From Broadfield's Caroline Yarrow
Caroline Yarrow, head of Broadfield's employment practice, discusses the challenges of analyzing huge volumes of data in a service provider transfer of 2,000 employees, why the employment tribunal system needs urgent review, and why being pragmatic and commercial when giving advice is important.
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8 Ways Law Firms Can Prepare For SRA's AML Offensive
The Solicitors Regulation Authority’s recent plans to intensify anti-money laundering enforcement means firms need to concentrate on strengthening client matter risk assessments, policies and procedures, source of funds checks and firmwide risk assessments, says Harriet Holmes at Thirdfort.
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How Fostering Well-Being Can Drive Law Firm Profitability
To counter the common assumption that prioritizing lawyer’s well-being damages profitability, firms should look at the role itself and build strategies to reduce stress, especially with the current focus on delivering more billable hours in light of artificial intelligence tools creating new capacity, says Charlotte Clegg at The Mindful Business Charter.
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Practice Leader Insights From Bristows' Robert Burrows
Robert Burrows, joint head of patent litigation at Bristows, discusses the challenges of remote working when preparing cases, the need for reform in respect of second medical use patents, and whether recent European Union court decisions could mark the beginning of a shift in European litigation practice.
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Practice Leader Insights: Farrer & Co.'s Kathleen Heycock
Kathleen Heycock, leader of the employment practice at Farrer & Co., discusses why challenging cases foster a sense of achievement, how an increase in workplace investigations has affected her practice, and the importance of emotional intelligence when working on both positive and negative employment matters.
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Practice Leader Insights From Morgan Lewis' Timothy Corbett
Timothy Corbett, leader of Morgan Lewis' London corporate and business transactions practice, discusses the challenges of divesting a company of its Russia operations under wartime conditions, the need to align regional regulatory approaches to artificial intelligence across global businesses, and why junior lawyers should develop an area of special interest.
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Practice Leader Insights From Covington's Gregor Frizzell
Gregor Frizzell, head of the EMEA corporate group and vice chair of the global corporate practice at Covington, discusses the creative challenges of merger and acquisition document provisions, how modernizing the archaic stamp duty regime would be welcomed by tax lawyers, and the guidance offered by a recent case on the interpretation of material adverse clauses.
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Practice Leader Insights From Farrer & Co.'s Simon Ward
Simon Ward, leader of the private capital practice at Farrer & Co., discusses the challenges of coordinating an acquisition with lawyers from other practice areas, why finding ways to connect education institutions to regulators and decision-makers would be a positive shift, and why young lawyers should get involved in the business world early on.
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Practice Leader Insights From Morgan Lewis' Nick Bolter
Nick Bolter, leader of the London intellectual property practice at Morgan Lewis, discusses the challenges of acting in disputes where the other party is a lay person representing themselves, the need to refocus trademark law on consumer protection, and why IP is a challenging area of law.
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Practice Leader Insights From Mayer Brown's James West
James West, co-leader of Mayer Brown's private equity practice, discusses the challenges of conducting complex deals at pace, the benefits of maintaining a relatively light regulatory framework in the private equity arena, and why the current economic climate has led to a need for the industry to be more flexible in its approach to dealmaking.
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Practice Leader Insights From Norton Rose's Paul Griffin
Paul Griffin, head of employment and labor for Europe, Middle East and Asia at Norton Rose, discusses the challenge of litigating a whistleblowing case with a CEO remaining in post, why the qualifying period for claiming unfair dismissal should be reviewed, and the importance of retaining one's authenticity as a lawyer.
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What Rise Of AI Means For Future Of Junior Lawyer Careers
While artificial intelligence is reshaping law firms’ approach to core tasks, it is unlikely to eliminate the need for human oversight, and if junior lawyers can embrace new technologies with integrity, they can focus on more meaningful work and add greater value to their teams, says Valeriya Zinchenko at Teacher Stern.
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Practice Leader Insights From HFW's Michelle Chance
Michelle Chance, head of HFW's London employment practice, discusses the challenges of defending a high-profile race discrimination class action in the civil courts, the need for male employees to take shared parental leave, and the significance of the new employer duty to take reasonable steps to prevent sexual harassment of their employees.
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Series
Practice Leader Insights From Cleary's Sebastian Sperber
Sebastian Sperber, leader of Cleary's EMEA capital markets and debt finance practice, discusses the challenges of working on complex transactions in pre-internet days, why regulators should think carefully before imposing additional disclosure burdens on corporations, and his hope that the recent U.K. listing reforms will encourage more companies to choose to list in London.
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What Age Bias Ruling Means For Law Firm Retirement Policies
The recent employment tribunal age discrimination decision in Scott v. Walker Morris demonstrates that while law firms may implement mandatory retirement schemes, the policy must pursue a legitimate aim via proportionate means to pass the objective justification test, says Chris Hadrill at Redmans Solicitors.