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
NLJ Career Profile: Nikki Bowker, Devonshires
Nikki Bowker, head of litigation and dispute resolution at Devonshires, on career resilience, diversity in law and channelling Elle Woods when the pressure is on
Ellisons—Sarah Osborne
Leasehold enfranchisement specialist joins residential property team
DWF—Chris Air
Firm strengthens commercial team in Manchester with partner appointment
NEWS
Contract damages are usually assessed at the date of breach—but not always. Writing in NLJ this week, Ian Gascoigne, knowledge lawyer at LexisNexis, examines the growing body of cases where courts have allowed later events to reshape compensation
The Supreme Court has restored ‘doctrinal coherence’ to unfair prejudice litigation, writes Natalie Quinlivan, partner at Fieldfisher LLP, in this week' NLJ
The High Court’s refusal to recognise a prolific sperm donor as a child’s legal parent has highlighted the risks of informal conception arrangements, according to Liam Hurren, associate at Kingsley Napley, in NLJ this week
The Court of Appeal’s decision in Mazur may have settled questions around litigation supervision, but the profession should not simply ‘move on’, argues Jennifer Coupland, CEO of CILEX, in this week's NLJ
A simple phrase like ‘subject to references’ may not protect employers as much as they think. Writing in NLJ this week, Ian Smith, barrister and emeritus professor of employment law at UEA, analyses recent employment cases showing how conditional job offers can still create binding contracts
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