‘Magic circle’ firms hiked pay for newly qualified solicitors to £150,000 to compete with US rivals
2024’s ranking of intellectual property law firms; the Unified Patent Court’s first year; gender and race-based gaps in patent applications; AI’s ‘double-edged sword’; EU plans for gene-edited crops patent ban and new Standard Essential Patent rules
Listings are based on recommendations made by clients and peers to FT research partner Statista
New technology is set to radically change role of specialist practitioners
While companies may agree on need for more transparency, questions are raised over draft law’s practicality
Disparities contribute to income inequalities and influence who receives funding for invention, researchers say
UPC network handled hundreds of cases in first year, for companies and investors seeking multi-jurisdictional rulings
Plus, the UK taxman comes for private equity and a Trump donor gatecrashes a charged deal
UK tax authority’s view on salaried members could see LLPs landed with backdated bills
Once one of the most powerful judges in US restructurings, David Jones is now embroiled in a racketeering case along with two top law firms
Brent Wisner, who won billions of dollars against Bayer, has received a big boost in Zantac cancer case
This monthly series, now in its third year, examines how the legal ecosystem is using new technologies to serve fast-changing business needs. Part 2: Disrupters disrupted? Generative AI challenges alternative legal services providers
Some companies’ legal heads and law firms say bringing tools in-house will reduce reliance on outside suppliers
‘Magic circle’ law firm latest to wade into fresh war for talent
More practices are closing offices in China’s largest city as corporate work and M&A deals dry up
London firm increases salaries to compete with US rivals
Plus, David Rubenstein’s daughter faces backlash in Alaska and the knock-on effects from private equity’s lack of exits
US law firm is winning coveted mandates for blue-chip clients in Britain
US law firms in the City of London have raised the benchmark for newly qualified professionals
Dealing with political, regulatory and technological matters is increasingly part of the job for in-house lawyers
Plus, Inter Milan’s owners face approaching debt deadline and the private credit backing Johnson & Johnson’s talc lawsuits
Co-head of financial institutions practice David Hepp heads off to Paul Weiss
Rates for newly qualified lawyers have become a proxy for firm quality
Wall Street firms such as Fortress are backing legal showdowns against big companies
‘Magic circle’ firm matches Freshfields’ recent move as talent war heats up
UK Edition
