Clyde & Co and Deloitte are attempting to strike out claims against them by arguing that the case is covered by a previous settlement agreement with Barclays Bank. A three-day hearing took place last month to consider the defendants’ application, as they called on the court to dismiss allegations of the “utmost gravity against professional […]
An Amazon senior corporate counsel has been appointed head of legal at Health Data Research (HDR) UK to set up its legal function. Cassandra Smith joins HDR UK, the national institute for health data science, as head of legal and member of the executive committee. In the role, she will lead the development of HDR […]
Dechert’s management has told its staff that they are expected to spend in the office at least half of their working hours from the autumn, as it also encouraged everyone to get the Covid-19 vaccine ahead of the return to the premises. At the same time, the firm will allow lawyers to choose where and […]
Farrer & Co multiplied bonuses for staff on the back of a year that saw the firm’s revenue hit £80m. Revenue at the private client and family specialist climbed 10 per cent from £72.8m to £80m. This means that Farrers has added £20m to its topline since 2017/2018 when revenue broke the £60m mark. Average […]
Clyde & Co and Deloitte are attempting to strike out claims against them by arguing that the case is covered by a previous settlement agreement with Barclays Bank. A three-day hearing took place last month to consider the defendants’ application, as they called on the court to dismiss allegations of the “utmost gravity against professional […]
An Amazon senior corporate counsel has been appointed head of legal at Health Data Research (HDR) UK to set up its legal function. Cassandra Smith joins HDR UK, the national institute for health data science, as head of legal and member of the executive committee. In the role, she will lead the development of HDR […]
Dechert’s management has told its staff that they are expected to spend in the office at least half of their working hours from the autumn, as it also encouraged everyone to get the Covid-19 vaccine ahead of the return to the premises. At the same time, the firm will allow lawyers to choose where and […]
Farrer & Co multiplied bonuses for staff on the back of a year that saw the firm’s revenue hit £80m. Revenue at the private client and family specialist climbed 10 per cent from £72.8m to £80m. This means that Farrers has added £20m to its topline since 2017/2018 when revenue broke the £60m mark. Average […]
Allen & Overy has made up 30 partners in its latest round of promotions, including 10 in London. The promotions represent 16 offices across the firm’s global network, with the City taking a third of the spots. Last year 10 City partners were also promoted in London, while 4 made the cut in 2018. The […]
Thanks to Paul Weiss, Skadden and Kirkland & Ellis (but mainly Paul Weiss), Linklaters has a few empty chairs at Silk Street. One way a firm can replenish its ranks is through lateral hiring – enter Travers Smith corporate partner Richard Spedding – or internal promotions. Last month, a total of 14 lawyers were made up […]
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
In October 2018, the journalist and critic of the Saudi Arabian regime Jamal Khashoggi was murdered and dismembered in the Saudi consulate in Istanbul. The international reaction was swift. Dozens of major organisations, including HSBC, Ford and JP Morgan Chase, dropped out of the planned “Davos in the Desert” Saudi investment summit. “We are going […]
It’s a 90-minute train journey to London and two hours from Bristol. At £29 per sq ft, grade A office rents are a third of the average £90 per sq ft City firms pay. And it has an abundance of lawyers. Slowly but steadily, Southampton is slipping into the mid-tier consciousness as a city in […]
Talk of associates losing faith in the partnership track is nowhere to be seen at Addleshaw Goddard, which recently unveiled its largest round to date. The partnership count is currently running at 429 – up 75 per cent from the 245 it housed back in 2019. Those promotions show a firm that is bullish about […]
Trainees at Freshfields Bruckhaus Deringer and Slaughter and May are among the least likely to use LinkedIn, according to data provided to The Lawyer. Research conducted by TBD Marketing has ranked leading law firms according to how often its trainees use their LinkedIn profiles to write posts ranging from quick career milestones updates to long […]
Freshfields Bruckhaus Deringer has upped its newly qualified (NQ) solicitor salaries to compete with the US market. NQ salaries have increased from £125,000 to £150,000. There have also been changes to trainee compensation. First-year trainees will see an increase of £6,000 as salaries rise from £50,000 to £56,000. Second-year trainee salaries will increase from £55,000 […]
Charles Russell Speechlys (CRS) is continuing its innovation strategy rollout with the introduction of a new programme for its trainee solicitors. Following the launch of its ‘advanced client solutions’ (ACS) team in early April, the firm has now brought in Russell Up, a scheme designed to have each trainee deliver four innovation projects throughout their two-year training […]
Davis Polk & Wardwell has recruited from Paul Hastings’s finance team, expanding its partnership ranks in the City to nine. The small City outfit has hired Luke McDougall from Paul Hastings. McDougall focuses on UK and cross-border acquisition finance and restructuring, acting for senior lenders, junior lenders and borrower groups on a variety of capital […]
Having returned to the legal market after seven years in retirement, Graham White has been named as senior partner of McDermott Will & Emery’s London office, along with a new managing partner. Private equity lawyer White, who joined McDermott this year after leaving Fried Frank Harris Shriver & Jacobson in 2017, has taken on the […]
