Until March, we were in a WeWork building. It was lovely. Great views of the South Bank and, in the distance, the City. The coffee was good. The loos were great. Even the DJ in the lobby lifted the spirits on a Monday morning. Do I want to go back? Not enormously; I don’t miss […]
Kirkland and Latham top the US 50 law firms in London table in 2021.
DWF has managed to decrease its net debt by £6m to £59m, after a slew of acquisitions and investments in the 2019/20 financial year had led figures to rise. The £59m figure comes as the firm added around £12m to its net debt in the last full financial year. In its interim trading statement, the […]
The overnight shift to remote working during lockdown has shaken up attitudes to the traditional commute forever, while raising fears over childcare assistance and career development, our major industry-wide survey reveals
Until March, we were in a WeWork building. It was lovely. Great views of the South Bank and, in the distance, the City. The coffee was good. The loos were great. Even the DJ in the lobby lifted the spirits on a Monday morning. Do I want to go back? Not enormously; I don’t miss […]
Kirkland and Latham top the US 50 law firms in London table in 2021.
DWF has managed to decrease its net debt by £6m to £59m, after a slew of acquisitions and investments in the 2019/20 financial year had led figures to rise. The £59m figure comes as the firm added around £12m to its net debt in the last full financial year. In its interim trading statement, the […]
The overnight shift to remote working during lockdown has shaken up attitudes to the traditional commute forever, while raising fears over childcare assistance and career development, our major industry-wide survey reveals
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 […]
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
In October 2018, the journalist and critic of the Saudi Arabian regime Jamal Khashoggi was murdered and dismembered in the Saudi consulate in Istanbul. The international reaction was swift. Dozens of major organisations, including HSBC, Ford and JP Morgan Chase, dropped out of the planned “Davos in the Desert” Saudi investment summit. “We are going […]
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 […]
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 […]
