Partners must resist their instincts and let employees gossip
Now ‘watercooler moments’ are finally set to return, they shouldn’t be stifled by an obsession with efficiency.
The Conservative levelling-up agenda is benefiting Eversheds
Eversheds has benefited from the Government’s levelling up agenda, particularly Network Rail’s infrastructure projects.
Funds lawyers beware, ignore ESG at your peril
Lawyers need to be aware of ESG if they hope to keep the business of the biggest funds
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Ignore the macho clients and stay at home
The move to get lawyers commuting back into the office will cut the billable hour
Don’t know any German headhunters? Get one quick
Goodwin has been building its Munich offering, but is still some way off the established firms
US firms are institutionally sexist
UK firms outperform their US counterparts when it comes to working parents
A&O and Freshfields post retention figures for autumn qualifiers
Allen & Overy has released its autumn trainee retention figures, keeping hold of 88 per cent of its qualifiers. Out of its cohort of 41 trainees, 38 applied and received offers for newly-qualified positions at the magic circle firm. A total of 36 accepted, giving the firm a retention score of 88 per cent. One […]
Freshfields’ PEP creeps up to £1.9m
Freshfields Bruckhaus Deringer’s revenue went up five per cent in the last financial year, the first under new senior partner Georgia Dawson and a refreshed management line-up. The magic circle firm’s turnover reached £1.59bn from £1.52bn. Meanwhile, its profit per equity partner grew by the same percentage, more muted growth than its peers which have […]
Latham finance partner exits for Paul Hastings
Paul Hastings is to bring in a leveraged finance partner from Latham & Watkins’ City office, The Lawyer can reveal. Partner Adrian Chiodo has been a member of Latham’s finance department since 2011. He was previously a partner at Australian outfit Gilbert + Tobin, and prior to that an associate at Milbank and legacy Allens Arthur […]
Addleshaws triples bonus pot after positive results
Addleshaw Goddard’s revenue surpassed the £300m barrier over 2020/21, with an uplift of 12 per cent. Following a sluggish 2020, the firm’s revenue hit £321m while average profit per equity partner (PEP) was up 23 per cent to £849,000, having fallen below £700,000 during the last financial year. The latest revenue figure means that the […]
Charles Russell Speechlys’ top of equity nears £1m mark
The top of the equity at Charles Russell Speechlys skyrocketed by more than 40 per cent last year, with both ends of the rung going up. There was a 43 per cent rise at the top end from £635,000 to £910,000, while the bottom went up by 32 per cent from £207,000 to £275,000. These […]
Osborne Clarke PEP rebounds with 16 per cent uplift
Osborne Clarke is joining the raft of firms witnessing a dramatic rise in profits per equity partner (PEP), after a drop in 2019/20. The UK firm’s UK PEP went up by 16 per cent from £614,000 to £714,000. The previous year, the metric had dropped by 12 per from £703,000. The firm’s revenue meanwhile grew […]