BCLP restores NQ salaries to £80,000
Mayer Brown and Trowers also releases retention figures.
Slaughters ups NQ pay after Covid cuts
Slaughter and May has increased pay for its NQs after cutting salaries last year, though the figure is still lightly lower than pre-pandemic levels. NQ pay will now total £90,500. The increase does not match pre-pandemic levels when the base salary was at £92,000. In May, at the onset of the pandemic, the firm had […]
White & Case’s City figures rebound to hit nearly $400m
After reporting an uncharacteristic dip in London revenue for 2019, White & Case’s financials soared in the last financial year to reach nearly $400m. Turnover at the firm’s City office over 2020 was $397m, up 18 per cent from $337m. Global turnover also increased by 9.3 per cent to $2.4bn, while average profit per equity […]
Clifford Chance posts March 2021 trainee retention
Clifford Chance will keep on 38 of its 43 March qualifiers, or 88 per cent. The firm made 38 offers, all of which were accepted. All are on permanent contracts. It is the third magic circle firm to release its results this round. Previously, Allen & Overy kept on 92 per cent of its qualifiers […]
Non-practising entity’s allegations of patent infringement against oil sands producer /operator dismissed
On January 26, 2021, Justice Manson of the Federal Court of Canada dismissed a patent infringement action brought by an individual, non-practising entity, Maoz Betser-Zilevitch against PetroChina Canada Ltd.
Budget 2021: Making sense of the UK infrastructure bank
With the publication of the ‘Policy Design’ for the UK Infrastructure Bank (“UKIB”), the UK Government has put “flesh on the bones” of its commitment to establish a national infrastructure bank. We look at some of the key issues for UKIB, and what its role might be in delivering government pledges to “level-up” the UK, reach Net Zero carbon by 2050 and meet the challenges of Brexit and COVID-19 recovery.
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.
BCLP restores NQ salaries to £80,000
Mayer Brown and Trowers also releases retention figures.
Slaughters ups NQ pay after Covid cuts
Slaughter and May has increased pay for its NQs after cutting salaries last year, though the figure is still lightly lower than pre-pandemic levels. NQ pay will now total £90,500. The increase does not match pre-pandemic levels when the base salary was at £92,000. In May, at the onset of the pandemic, the firm had […]
White & Case’s City figures rebound to hit nearly $400m
After reporting an uncharacteristic dip in London revenue for 2019, White & Case’s financials soared in the last financial year to reach nearly $400m. Turnover at the firm’s City office over 2020 was $397m, up 18 per cent from $337m. Global turnover also increased by 9.3 per cent to $2.4bn, while average profit per equity […]
Clifford Chance posts March 2021 trainee retention
Clifford Chance will keep on 38 of its 43 March qualifiers, or 88 per cent. The firm made 38 offers, all of which were accepted. All are on permanent contracts. It is the third magic circle firm to release its results this round. Previously, Allen & Overy kept on 92 per cent of its qualifiers […]
Orrick phases in Covid-19 hardship fund
Orrick Herrington & Sutcliffe has put together a hardship fund for its global staff to tap into during the pandemic. The initiative is aimed at staff earning less than $150,000 (and local equivalents) and allows them to apply for salary advances of varying amounts if they are struggling financially. The advances come in tranches of […]
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Your clients will be female
Legal leadership outperforms the current crop of FTSE 100 CEOs when it comes to gender diversity.
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.
City firms pick up mandates on Greensill administration
Allen & Overy is among the firms advising as embattled financial company Greensill Capital files for administration. The magic circle firm is understood to have picked up the mandate for the company, with partners Katrina Buckley, Joel Ferguson and Ian Field at the helm of the team. They are working opposite their former A&O colleague […]
Ashurst chairman to step down for new competition role
Ashurst’s global chairman Ben Tidswell is stepping down from the role after eight years to join the Competition Appeal Tribunal (CAT). Tidswell will leave Ashurst on 31 July to take on a judicial appointment as a chairman of specialist competition court, the CAT. Litigator Tidswell became Ashurst’s first post-merger chairman in 2013 after the firm announced its […]
DWF shutters three offices in Australia
DWF has closed three offices in Australia, with 85 members of staff and 14 principal lawyers leaving the firm. The firm’s offices in Sydney, Melbourne and Newcastle will close, while the Brisbane office and its connected services operations in Sydney and Melbourne remain operational. Damien van Brunschot will continue to lead DWF’s business Down Under […]
Freshfields sets target of 40 per cent new female partners by 2026
Freshfields Bruckhaus Deringer has introduced a series of pledges to improve its diversity and inclusion credentials, setting out targets for new partners and its leadership teams. The firm has said that by 2026, it expects new partners to be at least 40 per cent women and 40 per cent men. This follows last year’s promotions […]
Shoosmiths branches into consulting with new venture
Shoosmiths has launched a new separate consultancy arm, as firms ramp up efforts to provide alternative services for clients. ‘Shoosmiths8 Connected Services’ has been established to help clients with their legal, as well as broader business requirements. It includes a suite of eight products across innovation, contracts, coaching, corporate advisory, privacy and data. The eight […]
Bevan Brittan appoints third consecutive female senior partner
Bevan Brittan has appointed a new senior partner, with head of employment, pensions and immigration Jodie Sinclair set to take up the role on 1 May. A 21-year veteran of the firm, Sinclair is Bevan Brittan’s third female senior partner in a row. She had previously joined the board in 2019, and replaces Joanne Easterbrook, […]
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