Nearly one in two lawyers expect profit per equity partner to grow by up to 10% in the next year, according to a NatWest survey of 400 lawyers attending the annual NatWest Legal Conference series across the UK in October. More than half expected fee income to rise by up to 10% in the next year, and a quarter expected an even bigger rise of between 10% and 20%. Steve Arundale, head of professionals at NatWest, says: “The optimism could be down to the uplift in the economy which has stimulated an increase in transactions.”
20 November 2014
More optimism over profit for lawyers
MOVERS & SHAKERS
Gibson Dunn—Richard Surtees
Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees
Laytons ETL—Alec Cameron
Laytons ETL appoints new partner and head of intellectual property disputes
Muckle LLP—Roland Fairlamb
Specialist associate solicitor rejoins Muckle’s leading employment team
NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
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