How US firms justify their enormous NQ salaries
Obscene? Possibly. Justifiable? Unlikely. Sustainable? Absolutely.
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Obscene? Possibly. Justifiable? Unlikely. Sustainable? Absolutely.
Judges are signing up to the climate emergency Climate change is centre stage this week and as Greta Thunberg arrived in Bristol, Extinction Rebellion turned up on Bunhill Row to make an example of Slaughter and May. The protests are a bit embarrassing for Slaughters, but to be fair there are dozens of firms in […]
The issue is not so much attracting women to the Bar; it is about how to help female barristers build and maintain a career, writes deputy editor Matt Byrne.
The Reignite Academy will expand its platform to the barristers’ profession and outside London, with the programme due to launch in Birmingham later this year. Reignite, launched in late 2018, is an initiative aimed at bringing former City lawyers who have been out of the law firm workplace for some time back into private practice. […]
Global business is increasingly familiar with the prospect of short-notice public investigatory attention, whether from regulators, law enforcement, political forces or as a consequence of sanctions, and this can – in in some cases – devastate individual and corporate reputation.
Despite the fact that the threat of an investigation alone can be enough to paralyse a business, early warning signs are often missed and businesses can mistake an investigation risk for a reputation risk. Those who handle serious issues well are able to triage the issue at an early stage and identify its potential impact, […]
Analysis of recent fines suggests that environmental prosecutions are resulting in more substantial fines, especially for ‘very large organisations’.
On September 22, 2021, the Quebec government adopted Bill 64, An Act to modernize legislative provisions as regards the protection of personal information, enacting significant changes to the requirements governing the use and protection of personal information under various statutes, including notably the Act respecting the protection of personal information in the private sector and the Act respecting Access to documents held by public bodies and the Protection of personal information.
The Data Protection Authority in Hungary (Nemzeti Adatvédelmi és Információszabadság Hatóság), recently published its annual report which included details of a fine of €670,000 (HUF 250,000,000) being imposed on a bank. To date, this fine is the highest imposed by the Hungarian Authority.
Obscene? Possibly. Justifiable? Unlikely. Sustainable? Absolutely.
Judges are signing up to the climate emergency Climate change is centre stage this week and as Greta Thunberg arrived in Bristol, Extinction Rebellion turned up on Bunhill Row to make an example of Slaughter and May. The protests are a bit embarrassing for Slaughters, but to be fair there are dozens of firms in […]
The issue is not so much attracting women to the Bar; it is about how to help female barristers build and maintain a career, writes deputy editor Matt Byrne.
The Reignite Academy will expand its platform to the barristers’ profession and outside London, with the programme due to launch in Birmingham later this year. Reignite, launched in late 2018, is an initiative aimed at bringing former City lawyers who have been out of the law firm workplace for some time back into private practice. […]
As 114 new silks celebrated their success in the 2020 Queen’s Counsel appointments, they were also marking the end of an arduous selection procedure – all for the honour, pride and privilege of securing those two prestigious letters that can reshape a legal career. Finally gaining the QC kitemark gives some barristers a sense of […]
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Private equity house Partners Group has reappointed three firms to its latest panel, with a new addition also making the cut. Clifford Chance, Ropes & Gray and Latham & Watkins remain on the roster following a tender and review process. The Lawyer has also learnt that Allen & Overy has scored a place on the […]
Pinsent Masons has reported single-digit percentage growth in its revenue, while PEP surged ahead yet again after two consecutive drops in 2019 and 2020. Turnover rose for the tenth year in a row, up 6 per cent to £531.1m in 2021/22. Elsewhere, its profit per equity partner (PEP) witnessed double-digit growth of 16 per cent. […]
Nearly half of The Lawyer’s UK Top 50 firms picked up fees from the UK Government over 2021/22, according to a Freedom of Information request. The UK Government Legal Department spent a total of £36.57m on external legal services over the financial year 2021/22. Given there are 52 weeks in a year, this equates to £703,295 […]
Latham & Watkins is set to lose a team of finance partners to Paul Hastings’ London office. The Lawyer has learned that finance partners Mo Nurmohamed, Ross Anderson, Karan Chopra and Rob Davidson are leaving Latham to bolster Paul Hastings’ finance practice. Nurmohamed and Anderson are both the heads of Latham’s London lender-facing team. Of […]
Scottish firm Brodies has increased its revenue by just shy of 20 per cent, reaching a new high of £98.5m. As such it is the largest of the independent Scottish firms remaining, with the likes of Burness Paull and Shepherd & Wedderburn yet to report. Many others such as Simpson & Marwick, Maclay Murray & […]
Herbert Smith Freehills is increasing the base rate of its newly-qualified lawyer salaries, having last upped pay for its junior lawyers in December. The firm will be increasing its London NQ base salary to £120,000, plus bonus, effective from today. The firm had increased these salaries back in December to £105,000. Alison Brown, executive partner, […]
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