K&E’s star debt finance team leaves firm

A debt finance team of four City partners, led by Neel Sachdev, are exiting Kirkland & Ellis.  It is understood that the four are moving to Paul Weiss Rifkind Wharton & Garrison, less than  two weeks since news broke that Paul Weiss’s London managing partner Alvaro Membrillera would move in the other direction to K&E. Sachdev […]

HM treasury

HMRC will eat your profits in 2023/24

You might think that those with the heaviest pay packets cough up the most income tax. And in an ordinary year, you’d be right. But this isn’t an ordinary year. The wholesale reform of how partners are taxed means the majority of UK partners will pay more to the taxman regardless of whether profits are […]

The final death of SJ Berwin: Eversheds pounces as KWM abandons Europe and Middle East

Eversheds Sutherland has agreed a sprawling cooperation agreement with King & Wood Mallesons (KWM) that sees the firms agree exclusive referral deals, while also giving Eversheds the chance to grow substantially across the UK, Europe and Middle East. The agreement has been struck between Eversheds Sutherland’s international LLP and KWM (China) LLP. The talks will […]

all in office

“We’re not entertaining it”: Why UK firms are dropping hybrid working  

Firms in the UK are starting to drop the hybrid working model, reverting to full-time office attendance. The Lawyer understands that Winn Solicitors has mandated that its employees be in the office five days per week, which was the policy before the Covid-19 pandemic. Based in Newcastle, Winn Solicitors brought everyone back into the office full-time […]