Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.
Clifford Chance has raised its salary for newly-qualified solicitors from £91,000 to £100,000, following the lead of Freshfields Bruckhaus Deringer last month. Unlike Freshfields, however, the £100,000 paid by Clifford Chance is its total compensation package, including bonuses, rather than base salary. The Lawyer understands that trainee salaries are also set to increase slightly when […]
White & Case has increased its salary for trainee solicitors. As of 1 June, first-years at the firm take home £48,000, up from £46,000, while second-years get £53,000, up from £50,000. The salaries are not quite at the top of the market, since Kirkland & Ellis and Milbank Tweed both pay a £50,000 salary to […]
Stewarts Law has successfully defended a jurisdiction claim brought to the English Commercial Courts by the Libyan Investment Authority (LIA). Last month, The Lawyer reported that defendants Walid Al-Giahami and the Lands Company argued that the dispute did not fall under the jurisdiction of the English courts system. In a judgment handed down this week, […]
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.
Clifford Chance has raised its salary for newly-qualified solicitors from £91,000 to £100,000, following the lead of Freshfields Bruckhaus Deringer last month. Unlike Freshfields, however, the £100,000 paid by Clifford Chance is its total compensation package, including bonuses, rather than base salary. The Lawyer understands that trainee salaries are also set to increase slightly when […]
White & Case has increased its salary for trainee solicitors. As of 1 June, first-years at the firm take home £48,000, up from £46,000, while second-years get £53,000, up from £50,000. The salaries are not quite at the top of the market, since Kirkland & Ellis and Milbank Tweed both pay a £50,000 salary to […]
Stewarts Law has successfully defended a jurisdiction claim brought to the English Commercial Courts by the Libyan Investment Authority (LIA). Last month, The Lawyer reported that defendants Walid Al-Giahami and the Lands Company argued that the dispute did not fall under the jurisdiction of the English courts system. In a judgment handed down this week, […]
Boris Johnson may be the hot favourite to replace Theresa May as Conservative leader – and Prime Minister – in the party’s leadership race, but he has so far failed to attract the initial support of Parliament’s lawyers. Initial indications suggest that Johnson has 42 supporters among the Tory MPs who will whittle down the […]
We’re all watching eagerly for the changes coming at Allen & Overy on 1 May as its merger with Shearman & Sterling finally goes live. But Addleshaws has its own significant change that day. Next Wednesday, Andrew Johnston will officially kick off his tenure as managing partner with longstanding incumbent John Joyce stepping aside. Addleshaws […]
There’s no doubt that firms are using non-UK growth to power their global figures. Of the 35 Top 50 firms for which The Lawyer has historical global revenue data, all but four saw higher growth outside the UK in the five years since 2019. Included in this group is Herbert Smith Freehillls (HSF), where London remains […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
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 […]
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 […]
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 […]
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 […]
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 […]
