Legal sector growth overtakes wider professional services market Legal The UK legal sector has grown more than 13 per cent over the last year, surpassing the wider professional services market
“Robust” trading for listed law firm DWF as Canada transaction set to pay off LEGAL EAGLE SOARS Listed legal and business services firm DWF has this morning delivered an upbeat full-year update to markets, with 8 per cent revenue growth headlining what CEO Sir Nigel Knowles described as a “robust” performance. Revenues are expected to sit around £380m on the year when the company produces its audited full-year results. DWF also said [...]
Big Four’s legal ventures could see surge in law firm IPOs, DWF chief says Exclusive The Big Four’s efforts to bolster their legal businesses could lead to a surge in the number of UK law firms listing on the stock exchange, DWF chief Sir Nigel Knowles told City A.M. EY’s global split could see the firm become an “aggressive” legal services behemoth, as it is freed from the conflict-of-interest rules [...]
Law firm DWF pushes into Canadian market with latest buyout November 7, 2022 Law firm DWF has stepped into the Canadian legal market with a £27.7m deal bringing Vancouver-based Whitelaw Training under its wing. The deal marks the next step in DWF’s North American strategy and will unlock legal and business potential in Canada. The London-listed firm will hand over up to £16.9m in shares and cash, and [...]
DWF launches menopause policy in bid to tackle legal sector’s staffing crisis November 1, 2022 DWF has launched a new firm-wide policy to support women going through the menopause, as it seeks to boost its retainment of staff in the face of an exodus of older women from the UK’s workforce. The UK law firm’s policy seeks to support DWF employees going through the menopause with a view to raising [...]
City Exclusive – Criminal barristers lured to law firms as strikes set to escalate August 19, 2022 City law firms are making concerted efforts to capitalise on the collapse of the criminal justice system by hiring disgruntled barristers into their firms, recruiters and law firms exclusively told City A.M. Legal sector recruiters said they’ve seen a sharp uptick in law firms approaching them seeking to bolster their teams by hiring criminal [...]
City Moves: Who’s switching jobs in the Square Mile? August 12, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Deloitte Deloitte has built out its financial advisory practice with a new London-based director. Stepping into the real estate team, ex-KPMG Tracey Hancock brings some experiences from across CBRE and JLL. Hancock, a chartered surveyor and registered [...]
‘The Great Resignation could be followed by a Great Redundancy,’ DWF chief says July 29, 2022 A downturn in the legal market could see widespread layoffs in the City’s top-ranking law firms, the head of London listed law firm DWF told City A.M. The lawyers that jumped ship in “big numbers” in pursuit of six-figure salaries in London’s most prestigious firms could soon be laid off, as the top firms make [...]
Law firm DWF reports strong year with revenue over £400m July 21, 2021 DWF Group, the international legal firm, has reported a rise in its revenues to £400m, in its full year results released today. Revenue rose to £401m for the year ended 30 April 2021, representing a 12 per cent increase from £357m in the previous year. Net revenue also grew by 14 per cent to £338.1m. DWF’s [...]
DWF CEO: ‘We’ve equalled our Beirut blast work from Covid claims already’ December 10, 2020 There will plenty of legal work arising from coronavirus-related negligence claims, and listed law firm DWF has already started to see the work pile in. Negligence claims are likely to rise from individuals who lost loved ones during the coronavirus pandemic, and according to DWF CEO Sir Nigel Knowles, the listed law firm has already [...]