The Law Society and Bar Council have welcomed the Arbitration Bill 2025, which received royal assent on Monday 24 February 2025.
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.
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.