The top 10 UK law firms have increased their hourly rates by almost 40% over the past five years, according to a survey by PwC. The average hourly rate charged by the biggest UK-headquartered law firms by revenue in 2024 was £449, compared to £321 in 2019. All UK law firms in the top 100 saw double-digit growth in their average rates.
International firm Reed Smith has announced that it’s moving its northern support hub, Global Solutions Leeds (GSL), to a more substantial space in the city.
Southeastern firms Moore Blatch and Barlow Robbins have completed their £40 million merger, with the newly merged Moore Barlow set to continue operating a “well-established training programme” from its Southampton head office.