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Green ambitions for post-Brexit UK financial services

Green finance remains high on the agenda despite the potential distractions of COVID-19 and Brexit. Chancellor of the Exchequer Rishi Sunak has already set out further developments in the UK Government’s plans for the future of financial services post-Brexit. Alongside updates on approach to matters including equivalence and financial technology, the announcement emphasised the UK’s intention to remain a leader in green finance.

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Growing up: how to achieve rapid growth without creating reputation risk

As businesses grow and change, so the expectations of their stakeholders and the type of risk they face change too. Here we will examine three of the different reputational threats issues faced by companies that are growing quickly and who will come under greater scrutiny as they succeed.

From lockdown to lockup

Williams Lea’s Phil Muller and legal billing expert Giulia Mijuca say that accurate billing and cash collection is one of the largest concerns facing law firms today – and the process behind them needs to change.

The journey of two senior lawyers – How leadership development changed everything

This is the first in a series of articles based on a panel discussion with Caroline Skinner, the General Counsel for G4S Europe Middle East, and Ingrid van Berkel, a former Eversheds Sutherland Partner and now a TPC Leadership executive coach and facilitator. Here they unpack how their experience of leadership development resulted in explosive personal growth.

One quantitative metric to rule them all

Although the Financial Conduct Authority (FCA) opened its consultation on ‘fair value for money’ in defined contribution pensions in June 2020, its update got me thinking about the proposed obligation on firms to deliver ‘fair value’ under the Consumer Duty.

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Richard East Quinn Emanuel

Exclusive: Quinn hikes London associate salaries in response to US payouts

A week after Quinn Emanuel Urquhart & Sullivan announced a bumper pay increase for US associates, the firm has decided to reward its City lawyers with a salary rise of up to 19 per cent. The new payscale will see first year post-qualification (PQE) lawyers paid £125,000 per year, increasing to a maximum of £245,000 […]

Simpson Thacher hands out $25K bonuses as rivals debate associate pay

Simpson Thacher & Bartlett has become the first law firm to follow Milbank Tweed Hadley & McCloy’s surprise increase in associate salaries, with further bonuses announced for its lawyers worldwide. The scale at Simpson will match Milbank’s, it was announced yesterday. This means first year associates will pick up $190,000 while lawyers with eight years […]

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Milbank challenges Cravath with bumper increases in associate pay

Milbank Tweed Hadley & McCloy has set a new bar for US associate salaries, increasing newly-qualified pay to an industry high of $190,000. The rise puts it above trendsetter Cravath Swaine & Moore, which last upped associate pay for first years in 2016 to $180,000. Lawyers with eight year PQE will pick up $330,000, based […]

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