While the largest firms still retain their training contracts, alternatives to the traditional route are now commonplace. But one US firm in London has hit upon a way to benefit from the Solicitors Qualification Exam’s new rules.
Linklaters has kicked off a redundancy round due to the economic slowdown in China, axing 30 roles across its three offices in the region. The Lawyer understands that the affected lawyers sit within the equity and debt capital markets, corporate and banking teams across the firm’s Beijing, Shanghai and Hong Kong offices. A spokesperson for […]
Eversheds Sutherland has agreed a sprawling cooperation agreement with King & Wood Mallesons (KWM) that sees the firms agree exclusive referral deals, while also giving Eversheds the chance to grow substantially across the UK, Europe and Middle East. The agreement has been struck between Eversheds Sutherland’s international LLP and KWM (China) LLP. The talks will […]
This post has been updated with The Lawyer’s 2021 ranking of the top 100 European law firms by revenue. For many firms in Europe, the difficulties of 2020 turned out to be how to meet capacity when workflows roared back in the second half, and how to keep their staff motivated through waves of lockdowns […]
While the largest firms still retain their training contracts, alternatives to the traditional route are now commonplace. But one US firm in London has hit upon a way to benefit from the Solicitors Qualification Exam’s new rules.
Linklaters has kicked off a redundancy round due to the economic slowdown in China, axing 30 roles across its three offices in the region. The Lawyer understands that the affected lawyers sit within the equity and debt capital markets, corporate and banking teams across the firm’s Beijing, Shanghai and Hong Kong offices. A spokesperson for […]
Eversheds Sutherland has agreed a sprawling cooperation agreement with King & Wood Mallesons (KWM) that sees the firms agree exclusive referral deals, while also giving Eversheds the chance to grow substantially across the UK, Europe and Middle East. The agreement has been struck between Eversheds Sutherland’s international LLP and KWM (China) LLP. The talks will […]
This post has been updated with The Lawyer’s 2021 ranking of the top 100 European law firms by revenue. For many firms in Europe, the difficulties of 2020 turned out to be how to meet capacity when workflows roared back in the second half, and how to keep their staff motivated through waves of lockdowns […]
How much can a barrister realistically expect to earn?
Any firm that has occupied the national scene will know that the multiple office network can be politically charged. Management might talk about ‘one firm, one culture’, but most lawyers are aware of a pecking order with London in lead position. The annual promotions season provides a snapshot of how firms are prioritising those networks, […]
Journalists aren’t natural champions of PRs, but sometimes we sympathise. Cleaning up the mess of lawyers behaving badly. Calming down those who haven’t been ranked in the latest directory release. Trying to pitch tedious not-quite-scholarly articles to uninterested reporters. Getting asked ‘can we just have a leaflet?’ by people who don’t comprehend the breadth of […]
In-house lawyers are contending with major resourcing issues that is preventing them from doing their job effectively. This is the conclusion of major new research from alternative legal provider, Axiom, which found the in-house market stacked with challenges. In the wake of the Post Office Horizon Public Inquiry, which has put the reputation of the […]
The scene: A US firm boardroom, somewhere not in New York*. Big Cheese (furiously): ‘We’re not growing fast enough. What have you got?’ Smaller Cheese (panicking): Private equity! That’s the thing! Kirkland! Paul Weiss!’ Big Cheese: ‘Do whatever it takes. And do it now.’ Smaller Cheese: ‘Leave it with me. We’ll hire big in London. […]
Some US firms in London tend to get all the headlines, and as you know who they are, we won’t bother namechecking them again. But there are others, a tad more under the radar, that have had a barnstorming year in 2023 and whose time in the limelight is now. Such as Willkie Farr & […]
The High Court has approved a bankruptcy order against the former boss of collapsed firm Axiom Ince, following a final hearing this morning. The administrators of the Ince Gordon Dadds entity, known as IGD Realisations, filed a creditors’ bankruptcy petition last month against Axiom Ince’s former managing partner Pragnesh Modhwadia. Ince Gordon Dadds was bought out […]
The full judgment in the case over Dr Craig Wright’s claim that he is Satoshi Nakamoto, the founder of Bitcoin, has been released today with scathing comments from the judge. The Australian computer scientist has long contended he is the pseudonymous individual who invented Bitcoin and wrote the Bitcoin White Paper, the foundational text of […]
Browne Jacobson has taken a team of five lawyers, including two partners, from EY in London as it looks to grow in the UK capital. Rowan Armstrong and Alex Mason are both commercial tech specialists. They are set to join Browne Jacobson in June, along with a legal director and two associates. Both Armstrong and Mason […]
A team from Cahill Gordon & Reindel’s finance practice are set to move firms to Latham & Watkins. It is understood that Jonathan Brownson, Joydeep Choudhuri and Prue Criddle are switching across, having joined Cahill during a significant period of growth for the firm. Brownson moved with Jake Keaveny in a much touted move from […]
Linklaters has increased its newly-qualified lawyer salary by £25,000, a fortnight after Freshfields Bruckhaus Deringer did the same. The firm has increased its NQ pay from £125,000 to £150,000. Alongside this, trainee salaries have risen by £6,000 across both years to £56,000 and £61,000. Solicitor apprentice pay is now £28,000, growing from £25,000. The firm […]
