Lovells’ latest lockstep review rewards junior partners

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Gateleys-HBJ tie-up pays off as PEP jumps by 40 per cent

Average profit per equity partner (PEP) at HBJ Gateley Wareing has rocketed by 40 per cent in the year the firm sealed its Anglo-Scottish merger. Partners are toasting a PEP of £280,000, up by 40 per cent from the £200,000 recorded at the pre-merger Gateleys. Managing partner for England Peter Davies said: “The growth has […]

Wragges handed UCE development work

Wragges handed UCE development work” />Midlands firm Wragge & Co has scooped a role advising the University of Central England (UCE) on potential developments in Eastside, the 10-year regeneration project developing 420 acres of land to the east of Birmingham city centre. A real estate team led by commercial development partner John Burns will advise […]

GE counsel tops US pay league with $5.04m package

General Electric’s legal chief Benjamin Heineman remains the highest-paid general counsel in the US, scooping a mammoth $5.4m (£2.7m) in total cash compensation last year. Heineman narrowly beat Lehman Brothers Holdings’ executive vice-president and chief legal officer Thomas Russo, who earned an equally impressive $5m (£2.68m) in salary and bonuses. However, if stock-related transactions such […]

The work-life quiz Juan Picón

What was your first-ever job?Teaching tennis and skiing at university. Name: Juan Picón Firm: DLA Piper Rudnick Gray Cary Position: Regional managing partner, Spain Lives: Madrid, Serrano Education: Law and economics degree, ICADe (1987). LLM in European Community law from Université Libre de Bruxelles (1989) Work history: 1987: In-house legal counsel, Banco Santander 1988: Associate, […]

Sydney partner pay exceeds A$1m mark

Average pay for Sydney-based partners in Australia’s largest firms has broken through the A$1m (£410,440) barrier for the first time, according to a new salary survey. The survey by Mahlab Recruitment found that average partner remuneration at top-tier firms in Sydney was A$1.04m (£412,000). The top tier includes Australia’s ‘big six’ of Allens Arthur Robinson, […]

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