15 new law firm leaders, 15 different headaches
Who’d be a law firm leader right now? Whether it’s decisions on distributions, or hires mid-pandemic, the challenges are stacking up.
Freshfields to accelerate partner progression under new lockstep plans
Freshfields Bruckhaus Deringer has completed a review of its lockstep structure, in a move that would allow the firm’s high-performing junior partners to move through the compensation gates at a faster rate. The Lawyer understands that the review, which began last year, is subject to an internal vote. The changes, once approved, would be effective […]
“We will no longer celebrate good intentions”: Coca-Cola shakes up D&I rules for panel firms
Drinks giant Coca-Cola has written to its external advisers in the US about how it expects to judge its panel firms’ diversity credentials as part of a new review. The company has said it is seeking to select a panel of preferred firms within 18 months of implementing the revised guidelines. These include a requirement […]
Barrister of the week: 3VB’s Adam Kramer
In April 2020, 3VB’ silk-in-waiting Adam Kramer (Call: 2004) got a call which completely shifted how the rest of the year was going to pan out for him. It was from the Financial Conduct Authority, which was about to tap into the High Court’s underused test case system to launch proceedings against insurance companies, asking […]
Brexit and copyright: 6 things to know
Budget 2021: what does it mean for the energy and infrastructure sectors?
Rishi Sunak delivered his second budget to Parliament on 3 March 2021. In this insight, Gowling WLG’s energy and infrastructure teams take a closer look at what it means for the sectors.
DC Excellence: What’s next for DC schemes?
The third in our DC Excellence series will explore Consolidations, Investment Pathways and Value for Money.
The month in pensions – February 2021 – the end of the quarterly trustee meeting?
Ian Chapman-Curry looks at a survey of defined benefit scheme trustees that suggests the age of the quarterly trustee meeting is over.
Mine finance in Africa: how can international capital providers access investment opportunities and drive growth?
Charles Bond joins 121 Mining Investment Online to chair discussions on mine financing projects in Africa, exploring the potential for capital investors seeking to maximise value on the continent in this on-demand webinar.
Big things in small packages: small modular nuclear reactors featured in Canada’s plans
Following on the heels of the recently-released federal Climate Plan, the Government of Canada has unveiled its Small Modular Reactor Action Plan.
15 new law firm leaders, 15 different headaches
Who’d be a law firm leader right now? Whether it’s decisions on distributions, or hires mid-pandemic, the challenges are stacking up.
Freshfields to accelerate partner progression under new lockstep plans
Freshfields Bruckhaus Deringer has completed a review of its lockstep structure, in a move that would allow the firm’s high-performing junior partners to move through the compensation gates at a faster rate. The Lawyer understands that the review, which began last year, is subject to an internal vote. The changes, once approved, would be effective […]
“We will no longer celebrate good intentions”: Coca-Cola shakes up D&I rules for panel firms
Drinks giant Coca-Cola has written to its external advisers in the US about how it expects to judge its panel firms’ diversity credentials as part of a new review. The company has said it is seeking to select a panel of preferred firms within 18 months of implementing the revised guidelines. These include a requirement […]
Barrister of the week: 3VB’s Adam Kramer
In April 2020, 3VB’ silk-in-waiting Adam Kramer (Call: 2004) got a call which completely shifted how the rest of the year was going to pan out for him. It was from the Financial Conduct Authority, which was about to tap into the High Court’s underused test case system to launch proceedings against insurance companies, asking […]
Eight sets from The Lawyer’s Bar Top 30 still claiming furlough cash
Nearly a third of The Lawyer‘s Bar Top 30 issued furlough claims through the UK Government’s coronavirus job retention scheme last month, according to new data released by HMRC. 39 Essex Chambers, Outer Temple and Landmark were just three of the eight Top 30 sets to have been named in the list. Some of the […]
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Deliveroo heralds a bumper crop for ECM lawyers
There have been eight completed main market IPOs in 2021 so far.
Working to live, not living to work: it’s an easy sell
The demographics of the legal market are in flux with Covid 19 creating the conditions for a generational shift in working patterns.
A&O’s accidental LA office
With the arrival of the Akin Gump team, A&O’s US bench has doubled at a stroke.
Hausfeld loves a bit of competition
Calls for reform of the CMA will be music to the ears of claimant litigators.
Latham is taking both more and less space in London
If Latham’s growth rate continues unabated, its future home could end up offering proportionately less space per staff member.
£30m isn’t enough to get you into the Premier League
DMH Stallard has reached critical mass size – but it now has more work to do to secure its future.
Goodwin’s City revenue nears $100m after lateral hiring spree
Goodwin Procter’s London revenue soared by 34 per cent in the last financial year, as its headcount too increased by nearly a third. The US firm’s London outpost saw turnover rise from $74m to $99m. Meanwhile, global revenue at the US firm increased by 11.7 per cent to $1.49bn, while profits per equity partner rose […]
Magic circle trio paid just £10m in UK corporation tax in 2019/20
Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters paid just under £10m in corporation tax to the UK Treasury, their most recent LLP accounts reveal, as rate increases formed a key part of this week’s Budget proposals to repair the economy. The figures shine a light on how UK firms are likely to be impacted by […]
Newcastle United fails to dismiss Blackstone QC from arbitration panel
Newcastle United (NUFC) has been unsuccessful in its bid to have Blackstone’s Michael Beloff QC dismissed as an arbitrator in the club’s dispute with the Premier League. NUFC, which is owned by Mike Ashley, is currently engaged in arbitration proceedings with the Premier League over the failed takeover of the club. The club brought the […]
Kirkland and Slaughters lead on Aggreko’s £2.3bn sale
Kirkland & Ellis has taken the lead role for the private equity bidders on the £2.3bn buyout of equipment supplier Aggreko. TDR Capital turned to Kirkland yet again after last year seeking the firm’s counsel on its £6.8bn purchase of ASDA. Partners David Holdsworth and Mark Thompson led for TDR and I Squared Capital, with […]
Clifford Chance brings in consultancy to vet promotion process
Clifford Chance has concluded an independent review of its partner promotion process, to ensure criteria around diversity and inclusion are being fulfilled. The firm commissioned Chicago-based consultancy Nextions, which specialises in inclusion across leadership roles, to review its path to promotion. The effort started last autumn and wrapped in time for the beginning of the […]
CMS plants 8,000 trees after tracking staff’s carbon footprints
CMS has planted thousands of trees around the world, following its pledge to plant one for every new user of its in-house sustainability app. Last year, The Lawyer reported that the firm had created a mobile app to help lawyers reduce their carbon footprint. It came with the commitment of planting a tree for every […]
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