24 April 2006

Herbies raises associate salaries by 17 per cent

Herbert Smith has pushed its newly qualified salary up 10 per cent to £55,000. The Lawyer can reveal Herbert Smith is boosting associate salaries by a 17 per cent average across the firm, effective May 1. Trainees at the firm saw their pay rise £2,000 annually, or approximately six per cent. First year trainee pay […]

Norton Rose to rival magic circle on NQ pay

Norton Rose is increasing newly-qualified pay to £55,000 in a move designed to ensure the firm offers competitive associate and trainee salaries. Newly-qualified lawyers will see their pay rise from £50,000, bringing pay at Norton Rose close to the £55,100 announced earlier today by Linklaters. The firm is also raising first-year trainee pay to £30,000 […]

Beachcrofts boosts financial services with FFW hire

Beachcroft Wansbroughs is strengthening its financial services team with the hire of a partner from Field Fisher Waterhouse (FFW). Robert Guest joins Beachcrofts’ London office after three and a half years at FFW, which he joined after co-founding investment management company SG Asset Management in 1998. Financial services head Nigel Frudd said Guest’s hire fitted […]

Addleshaws halves promotions

Addleshaw Goddard has halved its partner promotions from 2004-05, with five associates promoted to partner for the new financial year. The firm’s corporate, real estate, projects, property litigation and employment practices all received one new partner each. Last year the firm promoted ten to the partnership, with corporate and litigation both receiving three promotions, while […]

Shearman NQs cash in on £12,000 pay hike

Shearman & Sterling is hiking salaries for newly-qualified UK lawyers by a massive £12,000, it was announced today (28 April). The firm will pay newly-qualified assistants £72,000 with effect from 1 May, up from £60,000. Shearman will also raise salaries by a similar amount for all associates up to and including six years PQE. Trainee […]

Linklaters kicks off City pay round with six per cent salary hike

Linklaters has kicked-off this year’s salary increases, raising newly qualified lawyers’ salaries by six per cent to £55,100.The magic circle firm announced that it was increasing salaries for fee-earners in London by between 5.5 and 12 per cent depe… Linklaters has kicked off this year’s salary increases, raising newly qualified lawyers’ salaries by six per […]

DLA Piper raids Hunton to launch in Atlanta

DLA Piper Rudnick Gray Cary’s US operation has caught the expansion bug and opened a new office in Atlanta. The operation will launch with 12 litigation and finance lawyers including four partners. Mark Grantham, who will also be the managing partner, Russell Bogue and Arthur Brannan, all join from Hunton & Williams, and Tracy Plott […]

Eversheds German ally bags McDermott Munich partner

Eversheds German alliance partner Heisse Kursawe has scooped a team of corporate lawyers from McDermott Will & Emery for its Munich office. Jörg Kretschmer, who joined Heisse Kursawe earlier this week, is one of the founding members of McDermott’s Munich office, which opened in 2002. He has been followed from the US firm by one […]

BLG promotes in all practice areas

Barlow Lyde & Gilbert (BLG) has made up five associates to partner, promoting its first employment lawyer for several years. The firm’s promotions also include one new partner in each of BLG’s core practice areas: general insurance, commercial litigation, corporate and aviation. Employment lawyer Nick Dent’s promotion is in response to a recent flurry of […]

Dentons rebuilds partnership with record promotions

Denton Wilde Sapte is set to rebuild its partnership with 26 promotions after losing almost of fifth of its partners over the last two years. TMT, which notoriously lost 11 partners in one fell swoop to DLA Piper Rudnick Gray Cary in 2004, did not make up any lawyers having promoted three during the past […]

Finance star Gillespie quits A&O for Kirkland

Leading Allen & Overy banking partner Stephen Gillespie has resigned from the magic circle firm to join Kirkland & Ellis. Gillespie, one of the best-known leveraged finance lawyers of his generation, has been a senior figure within A&O’s banking practice and had been nominated as its strategy development partner following a management rejig two years […]

Bakers hires BLP private banking expert

Baker & McKenzie has hired Berwin Leighton Paisner private banking expert Henry Frydenson. Frydenson will join the London office of Bakers next week as a full-time consultant. The position is the equivalent of a partner. He will join the private banking team, which has tripled in size in less than three years following a strategic […]

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