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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.
Six more City lawyers are likely to have doubled their pay by accepting offers to join the London office of US firm Cadwalader Wickersham & Taft.
Simmons & Simmons' insolvency partner James Roome is going, together with insolvency assistant Yvette Croucher. Croucher is understood to have been tempted by Cadwaladers' London salary for three-year qualifieds of up to £75,000.
Cadwaladers has also taken Linklaters tax assistant Sarah Squires and Norton Rose's insolvency assistant Linda Davies plus two newly qualifieds.
Average profits per partner at Cadwaladers last year were around £400,000.
US partner Mitchell Sonkin, a member of Cadwalader's management committee denied reports that former Freshfields partner James Starkey and former Clifford Chance insurance insolvency partner Andrew Wilkinson had been guaranteed a £400,000 profit share.
Another US firm, believed to be Akin Gump Strauss Hauer & Feld, is currently offering a salary up to $275,000 (£167,000) - nearly twice the rate at UK firms - for a UK junior partner to service its existing global clients from London. They do not want the lawyer to bring new business.