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Reed Smith is set to raise its salaries for NQs in London and EMEA to £107,500, The Lawyer can reveal, an almost 20 per cent increase. The rate was previously £90,000, a figure first reached by Reed Smith in 2019. The £107,500 base will be available to NQ lawyers who reach a target of 1,700 […]
Slaughter and May is the latest firm to boost salaries and benefits for its lawyers at all PQE levels, following feedback from a review. The firm is increasing pay across all PQE levels by up to 20 per cent, alongside a raft of initiatives aimed at addressing work-life balance and career balance. The NQ salary […]
Each year The Lawyer European Awards showcase the impressive achievements of Europe’s finest within the legal industry. The competition was particularly fierce this year, with a record-breaking amount of submissions from in-house counsel and law firms making the shortlist. The 2021 winners are a force to be reckoned with, having been highly commended by our elite judging panel for implementing bold initiatives ranging from internal innovation to daring international strategies. Recognised as the benchmark of excellence in the European legal sector, The Lawyer European Awards took place online for a virtual ceremony on Wednesday 1 December 2021. We are thrilled to announce that this year’s winning individuals and teams have been announced and the recording is now available to view. Once again, thank you to everyone that contributed to the success of the virtual awards ceremony and congratulations to the winners!
Irwin Mitchell is awarding a one-off bonus to most of its lawyers and support staff to help them with rising living costs. All staff, excluding partners, are set to receive £900 which will be paid in their April salary. It will be granted as a set payment, rather than a percentage of an individual’s salary […]
The disparity between London and the regions is only going up
Reed Smith is set to raise its salaries for NQs in London and EMEA to £107,500, The Lawyer can reveal, an almost 20 per cent increase. The rate was previously £90,000, a figure first reached by Reed Smith in 2019. The £107,500 base will be available to NQ lawyers who reach a target of 1,700 […]
Slaughter and May is the latest firm to boost salaries and benefits for its lawyers at all PQE levels, following feedback from a review. The firm is increasing pay across all PQE levels by up to 20 per cent, alongside a raft of initiatives aimed at addressing work-life balance and career balance. The NQ salary […]
Each year The Lawyer European Awards showcase the impressive achievements of Europe’s finest within the legal industry. The competition was particularly fierce this year, with a record-breaking amount of submissions from in-house counsel and law firms making the shortlist. The 2021 winners are a force to be reckoned with, having been highly commended by our elite judging panel for implementing bold initiatives ranging from internal innovation to daring international strategies. Recognised as the benchmark of excellence in the European legal sector, The Lawyer European Awards took place online for a virtual ceremony on Wednesday 1 December 2021. We are thrilled to announce that this year’s winning individuals and teams have been announced and the recording is now available to view. Once again, thank you to everyone that contributed to the success of the virtual awards ceremony and congratulations to the winners!
Irwin Mitchell is awarding a one-off bonus to most of its lawyers and support staff to help them with rising living costs. All staff, excluding partners, are set to receive £900 which will be paid in their April salary. It will be granted as a set payment, rather than a percentage of an individual’s salary […]
Hogan Lovells has announced it will be moving to a new London HQ once its current office lease expires in 2026, slashing its floor space requirements by more than 10 per cent. The firm will relocate to a new purpose-built London premises from 2026, made up of 21 Holborn Viaduct and adjoining buildings on Farringdon […]
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Four US City firms have topped $10m in revenue per partner
Rising professional indemnity rates threaten to destabilise the market
One firm has set the precedent for a controversial WFH policy
Revenue per lawyer has jumped by 44 per cent in three years at Paul Weiss
All change for partners in the quartet right now
Litigators are circling Slater & Gordon
Allen & Overy is on the lookout for space in Dublin, as it seeks regulatory approval to practise from the Republic of Ireland capital. The Lawyer understands the purpose of the outpost is to accommodate the firm’s latest litigation addition David Herlihy, who joined the magic circle firm last month after more than 20 years […]
CMS has decided to introduce beehives across its UK and international offices as part of the firm’s new sustainability programme. The news comes five years after The Lawyer reported that Olswang’s 80,000 bees were looking for a new home ahead of its merger with CMS. CMS’s new initiative to bring in beehives coincides with World Bee […]
Latham & Watkins has dethroned Kirkland & Ellis as London’s largest US firm by revenue after overtaking its closest rival over 2021. Latham’s broad City practice, powered by consistent investment over recent years, sees it reclaim the number one spot in The Lawyer’s exclusive ranking of US firms in the UK by revenue it last […]
Kirkland & Ellis is one of two US firms set to open an office in Miami, recruiting lawyers to bulk out its headcount in the fledgling base. Four existing Kirkland partners will relocate to kickstart operations. They are Chicago trio Jeremy Liss, Matthew Arenson, Jeffrey Swatzell, who work in the firm’s corporate and private equity […]
Linklaters, Slaughter and May and White & Case have scored mandates on the sale of UK repairs company HomeServe to Toronto-based Brookfield Asset Management for a deal valued at £4bn. Brookfield said in a statement that HomeServe’s shareholders will acquire £12 a share in cash, which will be financed by equity drawn from funds from […]
Knights has continued its expansion with the acquisition of Coffin Mew. The acquisition will add 102 fee earners to Knights, which has expanded rapidly though mergers in the last few years. Prior acquisitions include Spearing Waite, ASB, Shulmans, Mundays, Keebles, Archers Law and most recently Langleys. Under the terms of the acquisition, Knights will acquire […]
