Hogan Lovells will go back to paying 100 per cent of salaries for newly-qualified (NQ) lawyers, after they were reduced in the summer as part of cost-cutting measures. The firm confirmed that NQ salaries have been reinstated to £90,000 for London NQs and £48,000 for NQs in Birmingham. In June, London NQ salaries were trimmed […]
Addleshaw Goddard managing partner John Joyce has been re-elected for a third term, extending his tenure until 2025. Joyce’s new four-year term, which the firm said was uncontested, will start on 1 May 2021. He was first appointed managing partner in May 2014, replacing Paul Devitt who stood down from the post a year early. […]
A prominent silk has left Monckton Chambers to lead King & Spalding’s global public international law disputes team. Ben Emmerson QC leaves Monckton after joining the set in January 2019. He started his career at Doughty Street, before founding Matrix Chambers in 2000 – taking silk the same year. He was awarded a CBE in […]
Coming from a Nigerian background there a few avenues you are pushed down, and my mum thought being a lawyer was what I was good at. Sciences didn’t work for me; law made sense at age 16. I was born in Oxford but grew up in Aylesbury. I have been in London for six years […]
Hogan Lovells will go back to paying 100 per cent of salaries for newly-qualified (NQ) lawyers, after they were reduced in the summer as part of cost-cutting measures. The firm confirmed that NQ salaries have been reinstated to £90,000 for London NQs and £48,000 for NQs in Birmingham. In June, London NQ salaries were trimmed […]
Addleshaw Goddard managing partner John Joyce has been re-elected for a third term, extending his tenure until 2025. Joyce’s new four-year term, which the firm said was uncontested, will start on 1 May 2021. He was first appointed managing partner in May 2014, replacing Paul Devitt who stood down from the post a year early. […]
A prominent silk has left Monckton Chambers to lead King & Spalding’s global public international law disputes team. Ben Emmerson QC leaves Monckton after joining the set in January 2019. He started his career at Doughty Street, before founding Matrix Chambers in 2000 – taking silk the same year. He was awarded a CBE in […]
Coming from a Nigerian background there a few avenues you are pushed down, and my mum thought being a lawyer was what I was good at. Sciences didn’t work for me; law made sense at age 16. I was born in Oxford but grew up in Aylesbury. I have been in London for six years […]
In light of the ongoing COVID-19 disruption, it has become apparent that coming together for The Lawyer Awards ceremony in its usual format will not be possible this year. However The Lawyer team, our judges and sponsors all agree that it is vital for the hard work showcased in the 500+ excellent submissions received […]
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 […]
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
Slaughter and May is to add another senior lawyer to its pensions team in the City, this time from Freshfields Bruckhaus Deringer. Charles Magoffin, a partner at Freshfields since 2010, is joining Slaughters as a senior counsel from September. Slaughters has still only ever made one lateral hire in the City, also into its pensions […]
Litigation funders will be keeping a close eye on an upcoming review into third-party funding regulation, proposed caps on returns, as well as litigation costs. The Civil Justice Council is looking to produce a full report by the summer of 2025. The review follows an increased focus on litigation funders and their role in disputes, […]
In its largest promotions round ever, Ashurst has elevated eight London lawyers to partner out of 30 worldwide. The firm has made up eight lawyers in London, as well as seven in Sydney. In total, 17 promotions were made in Ashurst’s Australian offices, meaning just five were made outside of either London or Australia. Loans […]
Frustrated Solicitors Qualifying Examination (SQE) candidates are calling on the SRA to increase accessibility to the appeals process after a results error saw 175 candidates mistakenly told they had failed their exams. On Monday last week, the SRA announced that 175 candidates who sat SQE1 in January and were told they had failed on 14 […]
The administrators of collapsed firm Axiom Ince have filed a creditors’ bankruptcy petition against its former boss. Filed at the end of last week, the petition will seek to force Pragnesh Modhwadia’s bankruptcy, The Lawyer understands, applying to the court for his assets to be taken and sold to pay debts to the administrators. Pinsent Masons […]
