Never mind the headlines. Graduate recruiters at some of the top law firms have been cooling for a while on the importance of applicants having top A Level grades. In fact, if you were to look at the recent trainee intake of an example firm, broken down by top three A Level grades achieved, you’d […]
Linklaters has tightened the belt on NQ salaries, mirroring similar decisions at Clifford Chance and Allen & Overy. The firm held long discussions before reaching the decision, which have now led to a reduction of its base compensation plus annual bonus from £100,000 to £90,000. The figure can become higher with extra bonuses, with the […]
Clyde & Co has been embroiled in the 1Malaysia Development Berhad (1MDB) scandal after anti-corruption officials claimed that money held in the firm’s accounts were related to an ongoing fraud investigation. The 1MDB saga is one of the world’s largest financial fraud scandals which, among other things, has seen former Malaysian Prime Minister Najib Razak […]
A total of 27 staff from BT Legal, which was acquired by DWF last year, have been made redundant. The group left in June seven months after moving from the company’s claims and corporate property team to the law firm. The reason, stated in a Communications Union release, boils down to the fact that the […]
Never mind the headlines. Graduate recruiters at some of the top law firms have been cooling for a while on the importance of applicants having top A Level grades. In fact, if you were to look at the recent trainee intake of an example firm, broken down by top three A Level grades achieved, you’d […]
Linklaters has tightened the belt on NQ salaries, mirroring similar decisions at Clifford Chance and Allen & Overy. The firm held long discussions before reaching the decision, which have now led to a reduction of its base compensation plus annual bonus from £100,000 to £90,000. The figure can become higher with extra bonuses, with the […]
Clyde & Co has been embroiled in the 1Malaysia Development Berhad (1MDB) scandal after anti-corruption officials claimed that money held in the firm’s accounts were related to an ongoing fraud investigation. The 1MDB saga is one of the world’s largest financial fraud scandals which, among other things, has seen former Malaysian Prime Minister Najib Razak […]
A total of 27 staff from BT Legal, which was acquired by DWF last year, have been made redundant. The group left in June seven months after moving from the company’s claims and corporate property team to the law firm. The reason, stated in a Communications Union release, boils down to the fact that the […]
Milbank has delayed the move into its new 100 Liverpool Street HQ while it waits for the new office to be fully completed. The Lawyer understands that the firm has renegotiated an extension of its lease at 10 Gresham Street with its landlords till the end of the year, while the fit-out at its new […]
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
Competition boutique Geradin Partners opens its doors in Paris today as the firm seeks to become a serious player in the French capital’s vibrant competition and litigation scenes. Opening on the same block as Freshfields in the heart of Paris’ 8e Arrondissement, Geradin has brought in competition litigator Marc Barennes from Bureau Brandeis with his […]
Car lease schemes for partners are rapidly dwindling in the wake of the electric vehicle (EV) salary sacrifice revolution, but Hill Dickinson is not one of them. Once a more common method for partners to enjoy part of their profit share, traditional car lease schemes have lost their lustre. The tax incentives that once made […]
The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March.
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
