Freshfields Bruckhaus Deringer’s former head of international tax is in custody in Germany in relation to ongoing investigations into “cum-ex” transactions. According to Sueddeutsche Zeitung, Ulf Johannemann has been in custody since Friday afternoon and has been refused leave to return home “due to the risk of absconding”. He left the firm several weeks ago. […]
Moore Blatch has become the latest firm to make changes to its equity model, following a spate of similar moves by law firms in 2019.
Setting up in Saudi Arabia requires picking through complex regulation. Here’s what you need to know Clifford Chance’s establishment of a professional partnership with Saudi Arabian firm and long-standing association partner Al-Jadaan made headlines early last year. The move allowed Clifford Chance to formally establish its presence in the kingdom through its own legal framework, […]
The Lawyer’s In-house Counsel as Business Partner conference, in association with EY, raised issues that often receive little attention across the profession.
Freshfields Bruckhaus Deringer’s former head of international tax is in custody in Germany in relation to ongoing investigations into “cum-ex” transactions. According to Sueddeutsche Zeitung, Ulf Johannemann has been in custody since Friday afternoon and has been refused leave to return home “due to the risk of absconding”. He left the firm several weeks ago. […]
Moore Blatch has become the latest firm to make changes to its equity model, following a spate of similar moves by law firms in 2019.
Setting up in Saudi Arabia requires picking through complex regulation. Here’s what you need to know Clifford Chance’s establishment of a professional partnership with Saudi Arabian firm and long-standing association partner Al-Jadaan made headlines early last year. The move allowed Clifford Chance to formally establish its presence in the kingdom through its own legal framework, […]
The Lawyer’s In-house Counsel as Business Partner conference, in association with EY, raised issues that often receive little attention across the profession.
The Lawyer has compiled trainee solicitor salaries and newly-qualified (NQ) solicitor salaries from the UK’s largest law firms. The latest salary figures are a reflection of the influence of American firms on the UK market. When Bingham McCutchen became the first firm to offer NQs £100,000 in London back in 2010, it seemed a shockingly […]
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Partners at Eversheds Sutherland are considering a cut in monthly drawings in order to protect the firm from the economic fallout of Covid-19. The cuts are part of a number of measures that the firm announced today (8 April 2020) to safeguard the non-US side of its business. Eversheds stated that partners have expressed their […]
Bryan Cave Leighton Paisner (BCLP) is to make pay cuts over the coming months, as it faces the financial consequences stemming out of the Covid-19 crisis. The firm will defer the payment of certain portions of planned partner distributions and is making a 15 per cent salary reduction for its staff across the international network […]
Linklaters has decided not to pay the next quarter’s distribution of profits to partners, which had been scheduled to take place in June. The decision reflects similar moves taken by Freshfields Bruckhaus Deringer, which this week confirmed it too would not be dishing out profits to partners for Q4. As well as this, Linklaters will […]
Hogan Lovells has refreshed its global leadership team on the back of its CEO elections last year, with London office head Susan Bright set to take on a new role at the firm. Antitrust partner Bright was elected to the London office role in 2013, but will take on a new role as global managing […]
The Solicitors Disciplinary Tribunal has decided that the SRA’s case against Baker McKenzie and former partner Gary Senior will be heard remotely on April 27. The case was adjourned in November 2019, after nine days because former HR director Martin Blackburn, who was also referred to the tribunal by the SRA, was unable to appear […]
Taylor Wessing has put in place a series of measures to weather the Covid-19 health crisis and its financial fallout. The firm has decided to withhold distribution of profits to its partners, also choosing to sign onto the UK Government’s furlough scheme. It is understood that the firm is furloughing at least 20 people, both […]
