How US firms justify their enormous NQ salaries
Obscene? Possibly. Justifiable? Unlikely. Sustainable? Absolutely.
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The speed read: climate change and coronavirus take centre stage – but don’t ignore Kennedys’ New Law play
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 […]
Signs of hope, despite another male-dominated silk round
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.
Reignite Academy to expand its operations into Birmingham and the Bar
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. […]
Stock market woes sees Burford’s share price drop to three-year low
How US firms justify their enormous NQ salaries
Obscene? Possibly. Justifiable? Unlikely. Sustainable? Absolutely.
The speed read: climate change and coronavirus take centre stage – but don’t ignore Kennedys’ New Law play
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 […]
Signs of hope, despite another male-dominated silk round
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.
Reignite Academy to expand its operations into Birmingham and the Bar
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. […]
New QCs at a time of change: the silks of 2020
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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Fieldfisher and Osborne Clarke were right to walk away
10 years on the failed merger has proved to be a financial success
A&O has called the market
A&O has demonstrated market leadership in its decision not to raise NQ pay
Japan is sitting on an M&A powder keg
Mid-market M&A is ripe for the taking in Japan as the new generation sees little to gain from dynasty
Law’s leaders are getting younger
Lawyers are enjoying their partner status for at least a decade before setting their sights on the next step up
Your top talent need to travel
As the world opens back up, it’s more important than ever to show what your firm has to offer
Taylor Vinters could be Mishcon’s cash cow
How can Mishcon fund its ambitious growth plans now its IPO has been put on ice?
City quartet win roles on Partners Group core roster
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 […]
Financials 2021/22: Pinsents regains ground with 16 per cent PEP rise
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. […]
UK Government’s legal spend revealed for 2021/22
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 […]
Paul Hastings swoops on Latham for finance team hire
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 […]
Financials 2021/22: Brodies closes in on £100m mark
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 & […]
HSF hikes London NQ pay by 14 per cent
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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