King & Wood Mallesons (KWM) regulatory partner Gregg Beechey has become the latest lawyer to exit the firm this week, set to join Fried Frank Harris Shriver & Jacobson in London.
Paul Hastings has hired a nine-strong team in New York and Washington, DC, led by Ashurst co-head of securities and derivatives Scott Faga and US managing partner Eugene Ferrer, to build its structured finance capability.
Oil giant BP has agreed to pay $18.7bn (£12bn) to settle claims arising from the 2010 Deepwater Horizon oil spill, the biggest environmental penalty in history.
This week the Dentons and McKenna Long & Aldridge merger officially completed, cementing Dentons’ standing as the biggest law firm in the world. CEO Elliott Portnoy and chairman Joe Andrew tell The Lawyer about future merger plans and why their strategy will cement Dentons’ future in the legal world.
Sources close to Linklaters have been quick to comment on the “surprising” departure of managing partner Simon Davies, who revealed he will step down a year early to join Lloyds Bank on Wednesday (1 July).
The Competition and Markets Authority (CMA) has promoted senior director of sectoral regulation Michael Grenfell to executive director following Sonya Branch’s departure to the Bank of England.
The Lawyer ’s first Salary Survey cover lawyers’ pay, base salaries, bonuses, benefits and pay satisfaction, as well as their wider career satisfaction and aspirations. We have unearthed eye-opening information about the effects on earnings of location, sector, experience and, of course, gender.
Precisely one-quarter of respondents to the survey work in-house – an area that is an increasingly popular and well-regarded career choice among lawyers.
Salaries for newly-qualified solicitors are more transparent than those further up the market, since firms tend to publish them as part of their efforts to woo the most talented graduates.
Across the UK, 72.4 per cent of lawyers received a pay rise in 2014-15. Salaries rose fastest in Scotland. North of the border, some 22.9 per cent of respondents got a pay rise of more than 10 per cent, compared with 15.9 per cent in London and 14.6 per cent nationally.
Duty of candour can bring honesty, sympathy and openness needed to vastly improve health care download subscription
Known as the ‘duty of candour’, the new guidelines make clear that patients should expect a face-to-face apology.
It’s not true that the legal industry is behind the times – in fact, innovation has always been a big part of what makes law such a satisfying profession.
Life has been tough for the public sector in the past few years, with spending cuts hitting home.