Independent Italian outfit Pavia e Ansaldo has carried out redundancies and taken new financial measures, with law firms in the country still reeling from the long lockdown period. The firm has made redundant a series of professionals that includes one of counsel and four associates, as well as one trainee and two interns. The firm […]
Pinsent Masons is set to stagger working hours and break times for employees that are returning to the office, however, encouraging UK staff to work from home still forms the “backbone” of the firm’s response to Covid-19. For the past month, a tailored taskforce has been looking at how Pinsents can reopen its offices on […]
Freshfields Bruckhaus Deringer’s former head of commercial disputes has joined Signature Litigation – after he left the firm earlier this year following an internal investigation. Tom Snelling left Freshfields in March, having been made a partner at the firm in 2010. He will join Signature’s partnership on June 1. Snelling has been involved in a range […]
Slaughter and May has reduced salaries for newly qualified solicitors in response to the coronavirus pandemic. NQs qualifying in September will now receive £87,000, a reduction on the £92,000 base salary that this year’s crop take home. The news was first reported in RollonFriday. Salaries often drop in times of recession. For example, NQ pay […]
Independent Italian outfit Pavia e Ansaldo has carried out redundancies and taken new financial measures, with law firms in the country still reeling from the long lockdown period. The firm has made redundant a series of professionals that includes one of counsel and four associates, as well as one trainee and two interns. The firm […]
Pinsent Masons is set to stagger working hours and break times for employees that are returning to the office, however, encouraging UK staff to work from home still forms the “backbone” of the firm’s response to Covid-19. For the past month, a tailored taskforce has been looking at how Pinsents can reopen its offices on […]
Freshfields Bruckhaus Deringer’s former head of commercial disputes has joined Signature Litigation – after he left the firm earlier this year following an internal investigation. Tom Snelling left Freshfields in March, having been made a partner at the firm in 2010. He will join Signature’s partnership on June 1. Snelling has been involved in a range […]
Slaughter and May has reduced salaries for newly qualified solicitors in response to the coronavirus pandemic. NQs qualifying in September will now receive £87,000, a reduction on the £92,000 base salary that this year’s crop take home. The news was first reported in RollonFriday. Salaries often drop in times of recession. For example, NQ pay […]
DLA Piper has re-imagined a new crisis simulation training service that cost over £100,000 to deliver, after its launch was put in doubt due to the outbreak of coronavirus. The training service, called “DLA Piper Project Simulator”, was inspired by Carillion’s liquidation in 2017 and was one of the first products stemming out of the […]
It’s a 90-minute train journey to London and two hours from Bristol. At £29 per sq ft, grade A office rents are a third of the average £90 per sq ft City firms pay. And it has an abundance of lawyers. Slowly but steadily, Southampton is slipping into the mid-tier consciousness as a city in […]
Talk of associates losing faith in the partnership track is nowhere to be seen at Addleshaw Goddard, which recently unveiled its largest round to date. The partnership count is currently running at 429 – up 75 per cent from the 245 it housed back in 2019. Those promotions show a firm that is bullish about […]
1 May is a big day for many in the legal industry, not just the thousands of people at Allen & Overy and Shearman who have now combined officially. Scores of lawyers become partners today after a wave of promotions, meaning that also – in the great circle of life – plenty of veterans are […]
The significance of the unstoppable growth of US-headquartered firms in London isn’t solely about jaw-dropping scale, although the size of headcount and revenue at some of these big City beasts is truly head-turning. Notably, several US firms have doubled down on their investment in London of late, and not just Paul Weiss. While the New […]
It has been over four years since the UK first went into lockdown because of the Covid-19 pandemic. That’s four years since the world went crazy and stocked up on toilet roll, since staff had to bundle up their laptops and work on makeshift garden furniture desks, and since most of the nation actually looked […]
Freshfields Bruckhaus Deringer has upped its newly qualified (NQ) solicitor salaries to compete with the US market. NQ salaries have increased from £125,000 to £150,000. There have also been changes to trainee compensation. First-year trainees will see an increase of £6,000 as salaries rise from £50,000 to £56,000. Second-year trainee salaries will increase from £55,000 […]
Charles Russell Speechlys (CRS) is continuing its innovation strategy rollout with the introduction of a new programme for its trainee solicitors. Following the launch of its ‘advanced client solutions’ (ACS) team in early April, the firm has now brought in Russell Up, a scheme designed to have each trainee deliver four innovation projects throughout their two-year training […]
Davis Polk & Wardwell has recruited from Paul Hastings’s finance team, expanding its partnership ranks in the City to nine. The small City outfit has hired Luke McDougall from Paul Hastings. McDougall focuses on UK and cross-border acquisition finance and restructuring, acting for senior lenders, junior lenders and borrower groups on a variety of capital […]
Having returned to the legal market after seven years in retirement, Graham White has been named as senior partner of McDermott Will & Emery’s London office, along with a new managing partner. Private equity lawyer White, who joined McDermott this year after leaving Fried Frank Harris Shriver & Jacobson in 2017, has taken on the […]
A week after losing a private equity duo, Travers Smith is set for another partner exit – this time from its infrastructure finance team to Sidley Austin. Partner Ben Thompson has exited the firm and is joining Sidley Austin. Thompson joined the firm in September 2021 from Weil Gotshal & Manges, where he was a […]
