Counsel Culture: The Business of Law Podcast

Feb 07 2025 86 ep. 30 mins 5

Counsel Culture: The Business of Law Podcast artwork

Counsel Culture is your weekly digest of the biggest news stories in the UK Legal Market, brought to you by Byfield.

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Law Firm Financial Results, Trump Tariffs and US Change in ED&I Policies

Feb 07 2025 27 mins

This week Meg is joined by Joint Managing Director Michael Evans to discuss the first US firm financial results, as well as Freshfields' LLP accounts, and best practice in releasing the financials. Thank you for Listening!

The Billable Hour’s Grip, Partner Pay Divides & Legal Reactions to DeepSeek’s Rise

Jan 31 2025 35 mins

This week, Meg is joined by Joint managing Director Michael Evans to discuss how the billable hour is still dominant in the legal world, law firm partner pay segmentation, Post Office prosecutions, Prigozhin's lawyers facing no regulatory action and what lawyers are making of the DeepSeek surge. Thank you for Listening!

Navigating Change: Post-Trump Dynamics in US, UK, and EU Regulatory, Cultural, and Business Landscapes

Jan 24 2025 23 mins

Meg is joined by Joint Managing Director Ben Girdlestone to discuss how regulatory, cultural, and business frameworks in the US, UK, and EU will evolve after Trump's inauguration. Thank you for Listening!

Financials Season Kick-Off, Internal Pay Wars, Preparing for a Second Trump Term

Jan 17 2025 34 mins

Meg returns for the second episode of Counsel Culture this year. Joined by Joint Managing Director Michael Evans, they discuss listed firms publishing positive results despite ongoing market volatility, what Quinn Emanuel's results might mean for the litigation market, ethics of barristers being called into question, law firms tackling friction over nonequity partner pay and unusua

KPMG Law's Move into the US, Rising Rates and PE Investments into Law

Jan 10 2025 30 mins

This week Meg is joined by Byfield Associate Director, Beth Durkin. They discuss KPMG Law targeting an alternative business licence in the US, the increase in law firm rates, Private Equity’s Calculated push into law firms and how the last year has reshaped the legal industry globally. To read the articles mentioned in this week's episode, visit the below links: https://www.law.c

Climate Protests, Partner Retention, and US Firm Dynamics

Dec 13 2024 40 mins

This week Meg is joined by Joint Managing Directors Ben Girdlestone and Michael Evans. They discuss why climate protestors are targeting A&O Shearman, lateral partner retention, US firms dragging their feet on training contracts and how US firm are getting closer to acquiring Kramer Levin’s Paris office. Thank you for Listening!

Disputes & Investigations Monthly: Diving into the Market Impact of the PACCAR Decision and Key Insights on Litigation Funding with Sean McGuiness

Nov 29 2024 24 mins

In this episode, Meg and Dina are joined by Sean McGuiness, Investment Manager, Senior Legal Counsel at Omni Bridgeway. They discuss how the PACCAR decision is impacting the market and what to expect from this government in the legislation tackling it (when it comes through), controversies around litigation funding such as fees the funders charge, why funding is so important for li

HSF-Kramer Merger, Climate Protests and the US Election Impact

Nov 15 2024 25 mins

In the episode, Meg is joined by Byfield Joint Managing Director, Ben Girdlestone, to discuss the Herbert Smith Freehills Kramer merger, the climate protests outside law firms, the US election and a couple of law firm culture stories recently published by The Times. Thank you for Listening!

FOMO in Law Firm Mergers, Trainee Salaries, and High-Profile Legal Cases

Oct 24 2024 26 mins

In this episode, Michael and Ben dive into some of the biggest news stories in the UK Legal Market. They explore whether law firm leaders are experiencing FOMO (fear of missing out) amidst the wave of mergers sweeping the sector. The conversation also touches on trainee salaries and the divide between equity and non-equity partners in US firms. Additionally, they provide updates on

Counsel Culture – Law Firm Challenges and Ethics in Litigation with Simon Davis

Oct 11 2024 37 mins

Meg welcomes Simon Davis, former Law Society of England and Wales President and former commercial litigation Partner at Clifford Chance, on the podcast this week to discuss the ever-changing landscape in the legal industry and all of the challenges arising out of that for law firms and their lawyers. They also discuss scrutiny of lawyers in litigation and ethical considerations in