The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
More pensions shake-ups: White & Case has scrapped its defined benefits pension scheme in favour of a cheaper defined contribution system. A spokesperson says it had recognised that the scheme was "increasingly difficult to maintain". The move affects all of White & Case's US staff, as well as all partners globally.
However, it is understood that most London partners rely on their own pension arrangements. The scheme's abandonment followed a pensions review, kick-started last year along with a plethora of other reviews, including partner remuneration and technology.
The defined benefits scheme has died a gradual death across much of the UK's private sector. Most firms offer defined contribution schemes and few UK firms offer any pension benefits to partners - as revealed by The Lawyer even Freshfields is now examining its treasured scheme.