10 November 2008

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‘tach of the Titans: the greatest moustache of the law

Some of history’s greatest figures have utilised the power of the moustache. Some of history’s greatest figures have utilised the power of the moustache. Albert Einstein, Lord Kitchener, Stalin, Ron Jeremy – just a handful of the great men who wore a strip of face fur that won the respect of peers and struck fear […]

Akin Gump promotes 15 including one in London

Akin Gump today (Friday 14 November) announced the promotion of 15 of its lawyers to the partnership Akin Gump Strauss Hauer & Feld today (Friday 14 November) announced the promotion of 15 of its lawyers to the partnership, effective 1 January, 2009. The new partners include London-based investment funds lawyer, Robert Griffin. Elsewhere the new […]

Hammonds redundancy consultation to hit 95

Hammonds has confirmed that it is to axe up to 95 employees with most job losses expected to be in the corporate and real estate groups. The firm has confirmed that 42 fee earners, none of whom are partners, and 53 support staff face the axe as part of its redundancy consultation launched earlier this […]

Eversheds axes 31 lawyers

Eversheds axes 31 lawyers” />Eversheds is in the final stages of its first redundancy consultation and is expected to axe a total of 31 lawyers. The consultation, which took place with 33 lawyers across the real estate group, also hit the litigation practice, with at least three associates specialising in property disputes being made redundant. […]

Herbies raises associate salaries

Herbert Smith has hiked its associate salaries at the half-year stage with £2,000 being added to annual salaries as of the beginning of November. Newly qualifieds are now on a salary of £66,000 while associates with one year’s post-qualification experience (PQE) will receive £71,000 and those with two years’ PQE will receive £83,000. The move […]

Halliwells posts revenue drop; Hill Dickinson and WFW both up

Hill Dickinson and WFW both up” />Halliwells has reported a three per cent drop in fee income for the first six months of the 2008-09 financial year. The firm brought in £44m during the period, with real estate and corporate both not growing. A spokesperson told The Lawyer: “Dispute resolution, insurance litigation, employment and IP […]

Freshfields launches pro bono network

Freshfields Bruckhaus Deringer is to launch an international pro bono network in an effort to encourage greater coordination between offices doing pro bono work. Head of pro bono, Clarissa O’Callaghan, is to take up a global position to coordinate the push, while litigation associate Paul Yates is promoted to head of pro bono in the […]

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WilmerHale launches in Frankfurt

WilmerHale launches in Frankfurt” />US firm WilmerHale has opened in Frankfurt after poaching four Mayer Brown partners. Mayer Brown corporate partner Rudiger Herrmann, IP partner Reinhart Lange, litigation partner Christofer Eggers and EU regulatory partner Hans-Georg Kamann are setting up the office. They will be joined by one of WilmerHale’s corporate partners from Berlin, Christian […]

Clifford Chance plans pro bono boost

Clifford Chance plans pro bono boost” />Clifford Chance aims to increase the number of lawyers doing pro bono work by 10 per cent in the next year. The move comes as the firm marks national pro bono week with the launch of a legal advice centre in Isle of Dogs in London. The firm now […]

Wall Street Woes: Hiring and firing

The credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the now defunct firm Heller Ehrman. &idThe credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the […]

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BLP’s revenues stagnate at the half-year point

Berwin Leighton Paisner has posted flat growth for the first six months of the 2008-09 financial year, attracting £84m in fee income over the period. The firm’s turnover stood at £84m at the same point last year following a 20 per cent rise. A BLP spokesperson said: “Growth is essentially flat. We’ve seen fee income […]

Orrick lays off 40 lawyers in latest US round

Orrick Herrington & Sutcliffe has become the latest US firm to announce layoffs. Orrick Herrington & Sutcliffe has become the latest US firm to announce layoffs, with 40 associates across its real estate, structured finance and corporate practices set to leave the firm. In addition to associate layoffs a total of 35 support staffers have […]