In one of the biggest decisions to come out of the appeals court in the EU, Monckton’s Daniel Beard QC was a key member of a large team that convinced EU judges to reverse a European Commission decision which had ordered Apple to pay back €13bn in taxes to the Republic of Ireland. The tech […]
The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
Dentons turnover for its UK and Middle East regions dropped 4 per cent over 2019/20, with the firm generating just over £221m. The dip follows a 13 per cent rise over 2018/19 in what was the firm’s first full financial year since its merger with Scottish outfit Maclay Murray & Spens, when revenue reached £229.8m […]
Despite global turnover rising by four per cent over the last 12 months, profit per equity partner (PEP) at Pinsent Masons has dropped for the second year in a row. With a reduction of almost 12 per cent, Pinsents’ PEP dropped from £620,000 to £546,000 for the last financial year, representing yet another blow following last […]
In one of the biggest decisions to come out of the appeals court in the EU, Monckton’s Daniel Beard QC was a key member of a large team that convinced EU judges to reverse a European Commission decision which had ordered Apple to pay back €13bn in taxes to the Republic of Ireland. The tech […]
The billable hour system is when a lawyer records how they spend every minute of their working day to calculate how they bill the client. It used to be the most common method of charging a client for the work of a lawyer. Different bands of lawyers at different firms cost different amounts and clients […]
Dentons turnover for its UK and Middle East regions dropped 4 per cent over 2019/20, with the firm generating just over £221m. The dip follows a 13 per cent rise over 2018/19 in what was the firm’s first full financial year since its merger with Scottish outfit Maclay Murray & Spens, when revenue reached £229.8m […]
Despite global turnover rising by four per cent over the last 12 months, profit per equity partner (PEP) at Pinsent Masons has dropped for the second year in a row. With a reduction of almost 12 per cent, Pinsents’ PEP dropped from £620,000 to £546,000 for the last financial year, representing yet another blow following last […]
Fieldfisher is set to dish out bonuses in full this year, but with cuts to partners’ monthly drawings, The Lawyer understands. It is understood that the firm is looking to pay the full amount of bonuses as a lump sum as opposed to the two installments that some firms have opted for. However, the partnership […]
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 […]
A senior member of Travers Smith’s corporate group has left for Linklaters, after a string of departures from both firms. Richard Spedding has left the firm for Linklaters after 25 years at Travers, making partner in 2003. Working in M&A and equity capital markets, Spedding was also an associate at Freshfields Bruckhaus Deringer for five […]
NatWest’s general counsel – and Linklaters’ former managing partner – Gideon Moore has left the bank after two years, making way for a new chief. Moore has been replaced by NatWest’s litigation general counsel Will Luker. He has worked at the bank since 2003, became litigation general counsel in 2010 and subsequently managed and integrated […]
Orrick Herrington & Sutcliffe has drafted in the former M&A head of Shearman & Sterling’s Italian associate firm to rebuild its transactional capacity in the country. Fabio Fauceglia joins the firm from Studio Legale Associato Shearman & Sterling, bringing with him a team of six lawyers, comprising of counsel Leonardo Pinta and five associates. Fauceglia […]
Clifford Chance has hired a structured finance partner from A&O Shearman after the two firms’ merger last week. Daniel Shurman joins Clifford Chance in London from legacy Allen & Overy, becoming a partner in its derivatives and structured products practice. Emma Matebalavu, global head of financial markets, commented: “Daniel’s appointment is a testament to our commitment to […]
Trainees at Freshfields Bruckhaus Deringer and Slaughter and May are among the least likely to use LinkedIn, according to data provided to The Lawyer. Research conducted by TBD Marketing has ranked leading law firms according to how often its trainees use their LinkedIn profiles to write posts ranging from quick career milestones updates to long […]
