Clyde & Co has transformed all its corporate loan facilities into sustainability-linked loans, providing a financial incentive to achieve its greenhouse gas emissions reduction targets. The firm first switched its credit facility with Barclays to a sustainability-linked credit facility in May 2023, which means the interest rate changes depending on whether or not Clydes meets […]
The legal industry must create stricter and more innovative policies to make up for the currently unaccounted-for travel-related emissions.
Planning permission to build a new coal mine in Cumbria has been quashed following today’s High Court ruling that the approval was unlawful. Leigh Day secured the win on behalf of Friends of the Earth and South Lakes Action on Climate Change (SLACC). The pair made the claim regarding a December 2022 decision to grant […]
The upcoming UK200 has welcomed its sixth employee ownership trust (EOT) member. Altrincham’s Myerson Solicitors joins Yorkshire’s Ison Harrison and the West Midlands’ Talbots Law in embracing employee ownership, having converted from a limited liability partnership (LLP) to a 100 per cent employee-owned company last week. The EOT model allows all employees to take a […]
Trowers & Hamlins’s trainee numbers fell slightly last year, while the firm is of one of many considering how to balance out intake numbers with new solicitor apprentices. The firm has 56 trainees in total, but its intake numbers dipped slightly in the last iteration as a result of SQE exam grades and subsequent resits. […]
The North West Legal Consortium (NWLC) has revamped its solicitors framework panel, bringing in eight new firms and dropping seven others. In total, 15 firms have been selected for the new panel, which is set to operate for four years between 1 August 2024 and 31 July 2028. The eight newcomers are Brodies, Capsticks, Hill […]
Myerson has become the third firm in the UK200 to transition to an employee ownership trust (EOT), in a move that bucks the trend of consolidation and private equity takeovers in the mid-tier. The Manchester-based firm – which focuses on disputes, corporate, real estate and private client work – completed the restructuring process at the […]
Flint Bishop has acquired Walker Morris’s 34-strong volume banking and finance recoveries division to launch in Leeds. As part of the transfer, director Justin Coley will continue in the role of head of recoveries, while Rebecca Calland and Ellen McLean have been promoted to the position of partner. Other key figures joining from Walker Morris […]
This week, a Yorkshire firm is investing to meet its staff’s new demands after doubling revenue in three years, while Walker Morris employees try a new hobby.
Trowers & Hamlins has recruited a business transformation team to ensure the firm meets its 2030 revenue target of £230m, as the firm reported 5 per cent revenue growth last year. The firm generated revenue of £142.3m in the 2023/24 financial year, which means it needs to grow its top line by 62 per cent […]
Ward Hadaway is set to transform both its Newcastle offices into open-plan spaces to enhance hybrid working and maximise occupancy. The firm has been operating out of both Sandgate House and Keel Row House by the River Tyne for years, with teams split across the two buildings. Keel Row House is the more modern of […]
Leeds-based Walker Morris is eyeing up £100m turnover, as it glides past its 2024 target of £70m. The independent firm generated £74m revenue for the 2023/24 financial year (subject to a formal sign-off), representing a 10 per cent increase from the £67.5m generated the previous year. This means that Walker Morris has grown its top-line […]