14 May 2007

TFI Friday. Or Not?

Never has there been so much workplace joviality since Doc and his other six vertically challenged mining colleagues whistled hi-ho. Lawyers just love their jobs. That’s the rosy picture of the legal market that Badenoch & Clark’s workplace questionnaire painted. Forget issues of work-life balance, remuneration and alternative career paths. Lawyers are officially the happiest […]

Russian lawyers speak out on $22.5bn Bank of New York case

Russian law firm Smal and Partners issued court proceedings for $22.5bn (£11.4bn) against the Bank of New York (BoNY) in relation to what has been dubbed “the case of the long-gone cash”. Smal and Partners filed the suit in the Moscow arbitration court yesterday (17 May) on behalf of the Russian Federal Customs Service (FCS), […]

Linklaters continues management overhaul

Linklaters‘ reshuffle continued today (18 May) with the announcement of new national heads for the litigation and arbitration practices for the UK and Belgium. Litigation partner Michael Bennett, who has been with the magic circle firm for 18 years, becoming a partner almost a decade ago, will head the UK dispute resolution practice. Bennett takes […]

Lawyers are the happiest chappies in the UK

Lawyers are the happiest professionals in the UK, according to a recent survey by a recruitment consultancy. The questionnaire by Badenoch & Clark, which surveyed 1,000 UK workers across nine sectors, found that two-thirds of lawyers are “very happy” in their jobs. This compares with 24 per cent of the UK workforce who are unhappy […]

BLP plays catch-up with salary rises

Berwin Leighton Paisner (BLP) has increased its salaries for trainee and newly qualified solicitors (NQs). From September this year it is understood that NQs at the firm will be paid £62,000, an increase of 16 per cent on the £53,000 received by NQs presently. First seat trainees will also be paid more, taking home £33,000 […]

Joacim ‘Elvis’ Bjork has left the building

There’s nothing we like more than an all-rounder. And so we applaud former Swedish Linklaters lawyer Joacim Bjork for his excellent creative efforts. There’s nothing we like more than an all-rounder. And so we applaud former Swedish Linklaters lawyer Joacim Bjork for his excellent creative efforts. Sending round the customary goodbye email, Bjork – who […]

Linklaters associate doubles his salary and goes out singing

Linklaters has lost its finest musical talent to a client, after Stockholm associate Joacim Björk signed up to join Linden Gruppen as senior counsel. Before leaving, Björk emailed the entire firm a thank-you note and the words to his greatest hit so far – Viva Linklaters. The song, arranged to the tune of Viva Las […]

Dewey raids Orrick for Beijing capture

Dewey Ballantine has lured a partner away from its former merger partner Orrick Herrington & Sutcliffe. Hugh Scogin will join Dewey’s five-lawyer office in Beijing as a corporate partner. He is the office’s second partner. Scogin was a legacy Coudert Brothers partner who joined Orrick after the collapse of Coudert. Nine of Coudert’s 11 equity […]

Speechly Bircham’s turnover tops £40m

Speechly Bircham has posted a 17 per cent increase in revenue for 2006-07, taking turnover to £40m for the first time. Average profit per equity partner (PEP) was also up and is expected to be in excess of £525,000, compared with £465,000 last year. Managing Partner Michael Lingens said: “We have achieved what we set […]

Freshfields usurps Slaughters for £7.85bn Hanson prize

Freshfields Bruckhaus Deringer and Macfarlanes have both won new clients to score key roles in the £7.85bn takeover of building materials company Hanson by German rival HeidelbergCement, announced this week. Freshfields is advising Hanson, which is a prized client of Slaughter and May, Jones Day and Norton Rose among others. Corporate partner Will Lawes is […]

Lovells cheered by Italian growth

Lovells is closing in on a new corporate partner for its Milan office, and is voting on whether ex-Ernst & Young partner Paolo Tanoni can join the partnership. Lovells Italy senior partner Leah Dunlop said: “Voting on this will close towards the end of next week. I would be amazed if it didn’t go in […]

Beachcroft breaks £100m revenue target

Beachcroft has cracked the £100m turnover mark for the first time, the firm’s financial results reveal. The 2006-07 year-end figures reveal turnover of £112m, up 14 per cent from the £98m figure this time last year. Average profit per equity partner (PEP) hit £320,000, an increase of 18 per cent on 2005-06’s £270,000, and a […]