Bar Standards Board ready for post-Clementi revolution

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Latest Briefings

EMI Options: Approval granted

By Ben Watson As mentioned in our previous update, the tax reliefs associated with Enterprise Management Incentives (EMI) options are technically a form of state aid and therefore require approval from the EU Commission.  Two days before the deadline of 7 April 2018, HMRC announced that the UK had failed to renew its EU state aid […]

Avoid World Cup marketing own goals this summer

By Jo Pritchard The 2018 FIFA World Cup is to shortly kick off in Russia. Amidst the excitement, it is important to remember a few key dos and don’ts for any planned marketing campaigns. With a global audience of more than 3 billion, it will be tempting to capitalise on the football fever with World […]

Independent review of building regulations and fire safety

The catastrophic events of the evening of 14 June 2017 which led to the tragic loss of 71 lives at Grenfell Tower has cast a spotlight on the system relating to the design, construction and maintenance of high-rise and complex buildings. In the wake of the disaster, the government announced an independent review of building […]

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JPMorgan names new GC for Emea territories

JPMorgan has appointed Karen Linney to the newly created role of general counsel for Europe, the Middle East and Africa (Emea). JPMorgan has appointed Karen Linney to the newly created role of general counsel for Europe, the Middle East and Africa (Emea). The promotion comes as the investment bank ramps up its senior legal capability […]

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Lawyers’ salaries catch up with investment bankers’

Trainee solicitor pay has finally caught up with the graduate salaries on offer at investment banks, a new survey reveals. The median starting salary in 2007 for trainee solicitors and their peers in investment banks or fund managers is £35,500, according to the Association of Graduate Recruiters’ (AGR) winter survey. Many of the large City […]

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Can clients come too?

Will building my own practice be too much of a challenge? Will I be able to take my clients with me? How should I manage the change? QUESTION I’m a partner at a national firm, but have just been offered a great opportunity to move to a US firm and build a practice from scratch. […]

Paul Weiss satisfied with modest growth

Paul Weiss Rifkind Wharton & Garrison’s chairman Alfred Youngwood claimed yesterday (6 February) that his firm was “very happy” with the modest 4 per cent growth in profits per equity partner (PEP) his firm posted for the 2007 financial year. PEP rose to $2.6m (£1.32m) last year from $2.5m (£1.27m) in 2006 while revenue per […]

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Lawyers and a reality cheque

One of the most depressing comments I heard recently was by an otherwise highly intelligent and engaging magic circle corporate partner. “Us lawyers are at the bottom of the pile now,” he said, referring to his remuneration.He earns, dear reader, more than £1m a year. One of the most depressing comments I heard recently was […]

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