Forged in fire: the new partners of 2020
They qualified during the Great Recession – now they’re making partner during the Great Pandemic.
Bird & Bird halts pay reviews and splits bonuses
Bird & Bird has put salary reviews on hold, in the latest set of measures to contain the effects of coronavirus on its business flow. While reviews have been halted, the firm will reconsider them later in the year. In addition, management has decided to split its bonuses in half, awarding a first installment in […]
HSBC’s Saudi offshoot brings in DWF for £28m High Court claim
DWF has been handed the mandate by The Saudi British Bank (SABB) as it ramps up its pursuit of a businessman through the High Court in search of £28m in damages. The Riyadh-based affiliate of HSBC Holdings lodged its claim in early April, and in documents seen by The Lawyer, the bank alleges that Badr […]
Four firms secure places on Lombard International’s inaugural panel
Wealth solutions provider Lombard International has finalised its panel process, with two magic circle firms making it onto the roster. Baker McKenzie, DLA Piper, Linklaters and Allen & Overy have all landed places on the panel, which will be overseen by Lombard’s general counsel Monica Risam. She joined Lombard from Aviva at the start of 2018, […]
Italian firm makes redundancies in Covid-19 cost-cutting drive
Independent Italian outfit Pavia e Ansaldo has carried out redundancies and taken new financial measures, with law firms in the country still reeling from the long lockdown period. The firm has made redundant a series of professionals that includes one of counsel and four associates, as well as one trainee and two interns. The firm […]
