Forget top of equity. The magic circle’s battle is at the bottom of the lockstep

When it comes to pay, the highest earners have long made the headlines – but while £2m is a given for the magic circle firms’ top of equity, there’s no hard and fast rule for those at the bottom.

 

 

Latest News

White & Case

Linklaters exits continue with corporate move to White & Case

White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]

IBM

Quinn Emanuel v Clifford Chance: Parties gear up for IBM trial

On Monday, an explosive trial between IBM UK and Swiss software developer LzLabs is set to commence for nine weeks, with Quinn Emanuel and Clifford Chance going head-to-head for their respective clients. Quinn Emanuel-backed IBM brought the lawsuit in 2021, alleging it is “inconceivable” that LzLabs could have developed its rival technology – which can […]

Steven Petrie, Ward Hadaway

Ward Hadaway’s new managing partner sets £100m target

Northern firm Ward Hadaway is actively exploring mergers and expansion opportunities in England as it targets £100m revenue by 2034. The firm generated approximately £48m in the 2023/24 financial year, which means it is looking to grow approximately 100 per cent within a decade. A shorter term target of reaching £75m by 2029 has also […]

mining

Linklaters and Slaughters lead on £31bn Anglo American bid

Linklaters and Slaughter and May are leading on BHP’s mega-offer for rival mining company Anglo American. It emerged this morning that Australian giant BHP had put forward an unsolicited proposal to Anglo American If the deal went ahead, it would be valued at around £31bn. Linklaters is on call for Anglo American as it discusses […]

Tellman

Ex-Haleon GC moves to Saudi for Aramco role

The ex-general counsel of Haleon has announced that he has joined energy and chemicals business Aramco, which is based in Saudi Arabia. Bjarne Tellman was hired by GSK four years ago to prepare the company for the creation of Haleon, one of the UK’s largest corporate demergers in 20 years. The purpose of the demerger […]

Signal Research Reports

The City independents

This reports contains: detailed analysis of 12 UK top 100  ‘City independents’ exploration of their growth trajectories and strategies amidst industry consolidation and rising costs analysis of increased specialisation within practice areas City independents firms’ efficiency

The In-House Sentiment Survey 2024

Read this report to gain insights into: The evolving role of in-house teams amidst market transformations Current attitudes and increased adoption of artificial intelligence tools Organizations’ continued emphasis on flexible working culture Projections for spend on external legal counsel over the next five years Enhanced feedback on quality of service from private practice law firms […]

The new Russian litigators

This report contains: an overview of the history of UK and US firm in Russia an analysis of the opportunities, challenges and litigation brought on by sanctions regimes a summary of the firms acting in Russian litigation in London

The impact of tech on financial management

This report contains: an analysis of 15 UK firms’ cash flow management and lock-up trends over the past five years lock-up correlated with profitability to demonstrate the impact of strong financial management for firms’ bottom line details on the adoption of technology by firms to make their financial management more efficient

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