£360k accumulated so far The Solicitors Regulation Authority (SRA) has established a new six-figure fund to support disadvantaged aspiring lawyers through the SQE, using financial penalties it has imposed on the organisation responsible for running the assessments. The regulator says…
Very (very!) strong financials Latham & Watkins has joined Kirkland & Ellis in the $7 billion revenue club after posting a record-breaking financial performance for 2024. The Los Angeles-headquartered firm saw its revenue surge 23% to $7 billion (£5.4 billion),…
As legal challenges mount, US President escalates his attack on law firms In just the first seven weeks of his presidency, the Trump Administration faced an astonishing 119 legal challenges — an average of two per day, according to data…
Increases track inflation and cover additional costs of delivering exams in Welsh The Solicitors Regulation Authority (SRA) have announced a third fee increase for the Solicitors Qualifying Examination (SQE), to cover inflation and translating the exams into Welsh. The SRA…
Reform UK candidate exposed for offensive posts by political X account City law firm CMS says it has taken “prompt and decisive action” against one of its wellbeing ambassadors after a political account on X exposed several of his anti-Islam…
All nine Shoosmiths has recorded a 100% trainee retention rate this spring, with all nine of its March 2025 qualifiers staying on as newly qualified (NQ) solicitors at the firm. The NQs will be based across Shoosmiths’ UK offices, with…
Follows SRA and LSB bosses quitting roles Kathryn Stone OBE, chair of the Bar Standards Board (BSB), will step down from her role later this summer to join the Police, Fire and Rescue Inspectorate. In January 2018, Stone joined the…
US President attacks BigLaw diversity initiatives as ‘discriminatory’ US President Donald Trump has stepped up his attacks on some of the country’s leading law firms with a new executive order targeting what his administration describes as their “discriminatory” summer vacation…
10 to 15 from September 2027 The London office of US law firm Gibson Dunn will increase its trainee numbers by 50%, from 10 to 15. The uplift in TC positions will come into effect in September 2027 as the…
The top legal affairs news stories from this morning and the weekend US law firms’ London expansion drives record number of job moves [Financial Times] (£) Trump confirms retribution campaign against law firms that clash with his agenda [Independent] Judges…