Associates in the US offices of Allen & Overy are set to be rewarded with a special bonus round. The firm is the latest to announce a year-end round for US associates. The ratio of annual bonuses mean that associates who qualified in 2013 could be in line for an annual bonus of $100,000, though there […]
Clifford Chance is encouraging its people to remove gendered language from their documents and communications, a step-up of new policies around diversity and inclusion. The magic circle firm will now produce only gender-neutral documents and contract templates in a new policy that spans all of its practice areas and offices. This language change entails gendered […]
DAC Beachcroft will repay UK government funds used to place staff on the furlough scheme. The firm has taken the decision to repay the monies after it performed well in the last six months. It will repay the funds by the end of 2020 and joins a host of firms who have made the same […]
A group of trainees and associates brimming with innovative tech ideas is being given the opportunity to take the reins, collaborate with partners and revolutionise how firms work
Associates in the US offices of Allen & Overy are set to be rewarded with a special bonus round. The firm is the latest to announce a year-end round for US associates. The ratio of annual bonuses mean that associates who qualified in 2013 could be in line for an annual bonus of $100,000, though there […]
Clifford Chance is encouraging its people to remove gendered language from their documents and communications, a step-up of new policies around diversity and inclusion. The magic circle firm will now produce only gender-neutral documents and contract templates in a new policy that spans all of its practice areas and offices. This language change entails gendered […]
DAC Beachcroft will repay UK government funds used to place staff on the furlough scheme. The firm has taken the decision to repay the monies after it performed well in the last six months. It will repay the funds by the end of 2020 and joins a host of firms who have made the same […]
A group of trainees and associates brimming with innovative tech ideas is being given the opportunity to take the reins, collaborate with partners and revolutionise how firms work
The Lawyer has compiled trainee solicitor salaries and newly-qualified (NQ) solicitor salaries from the UK’s largest law firms. Last update: 3 November 2023 The latest salary figures are a reflection of the influence of American firms on the UK market. When Bingham McCutchen became the first firm to offer NQs £100,000 in London back in […]
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 […]
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
Competition boutique Geradin Partners opens its doors in Paris today as the firm seeks to become a serious player in the French capital’s vibrant competition and litigation scenes. Opening on the same block as Freshfields in the heart of Paris’ 8e Arrondissement, Geradin has brought in competition litigator Marc Barennes from Bureau Brandeis with his […]
Car lease schemes for partners are rapidly dwindling in the wake of the electric vehicle (EV) salary sacrifice revolution, but Hill Dickinson is not one of them. Once a more common method for partners to enjoy part of their profit share, traditional car lease schemes have lost their lustre. The tax incentives that once made […]
The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March.
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
