Careers: in brief

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Latest Briefings

Bill 2: An Act to make Alberta open for business

On May 27, 2019, Alberta’s newly elected United Conservative Party government introduced Bill 2 and approved an Order in Council, making the Employment Standards (Minimum Wage) Amendment Regulation. If passed, Bill 2 will make amendments to Alberta’s Employment Standards Code and Labour Relations Code. Bill 2 reintroduces a number of provisions that were changed or […]

FCA releases new rules for crowdfunding platforms

The Financial Conduct Authority (FCA) published its in Policy Statement (PS19/14) on 4 June 2019, outlining new rules for loan based (‘peer-to-peer’) platforms. Why the new rules? The final rules follow on from, and are broadly in line with, the FCA’s proposals in the consultation it launched in July 2018 in CP18/20. The FCA’s aim […]

Public law case update

Our latest case update includes five significant cases chosen by the Public Law and Regulation team to highlight important principles or procedural points. These include the importance of disclosure to the principle of open justice, the ability of the Scottish Parliament to make provisions for Scots law after Brexit and whether a legitimate expectation can […]

Canada’s new Trademarks Act: taking advantage of divisional applications, and a caution about the database

After the changes to the Trademarks Act take effect on June 17, applicants will have a new tool for reaching registration efficiently — divisional applications. What are divisional applications? Under the new Act, it will be possible to divide a trademark application, with some goods/services staying in the original application, and some goods/services being removed […]

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CC and Brobeck end fight with a $5.5m settlement

Clifford Chance is hoping that its short-lived association with Brobeck Phleger & Harrison is finally over after a settlement was reached between the firm and former Brobeck partners. The firm settled the long-running dispute – in which the former Brobeck partners alleged that Clifford Chance was responsible for Brobeck’s collapse – for $5.5m (£2.9m) on […]

Allen & Overy – UK 100

Turnover: £652m Profit per equity partner: £609,000 Equity spread: £381,000-£952,000 Net profit: £196m Profit margin: 30 per cent Salaried partner remuneration: £140,000-£200,000 Revenue per lawyer: £347,000 Revenue per partner: £1,513,000 Revenue per equity partner: £2,090,000 Cost per lawyer: £243,000 Profit per lawyer: £104,000 No of partners: 431 No of equity partners: 312 No of female […]

Burges Salmon – UK 100

Turnover: £42.2m Profit per equity partner: £335,000 Equity spread: £200,000-£400,000 Net profit: £16m Profit margin: 38 per cent Salaried partner remuneration: £110,000-£180,000 Revenue per lawyer: £227,000 Revenue per partner: £781,000 Revenue per equity partner: £1,029,000 Cost per lawyer: £141,000 Profit per lawyer: £86,000 No of partners: 54 No of equity partners: 41 No of female […]

Howard Kennedy – UK 100

Turnover: £22m Profit per equity partner: £200,000 Equity spread: £150,000-£300,000 Net profit: £5.5m Profit margin: 25 per cent Salaried partner remuneration: £65,000 Revenue per lawyer: £188,000 Revenue per partner: £349,000 Revenue per equity partner: £1,158,000 Cost per lawyer: £141,000 Profit per lawyer: £47,000 No of partners: 63 No of equity partners: 19 No of female […]

Steptoe & Johnson – UK 100

UK/global turnover: £6m/£121m UK/global PEP: £427,000/£427,000 UK/global revenue per lawyer: £273,000/£368,000 UK revenue per partner/equity partner: £0.6m/£3m Global revenue per equity partner: £1m UK/global number of partners: 2(10)/121 UK/global number of lawyers: 22/329 UK number of staff: 36 UK/global leverage ratio: 1:10/1:1.7 UK equity partner to staff ratio: 1:18 Equity structure: Merit-based with some elements […]

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