Lenders aren’t happy – and lawyers are in the ethical firing line
After the row over Shearman’s perceived closeness to Kirkland on the Access refinancing, is the law firm designation model on private equity deals about to crumble?
The Lawyer European Awards 2022: who’s made the shortlist?
The Lawyer European Awards is back and ready to crown the crème de la crème of the European legal market next month. Here is the shortlist. This year, 24 prizes are up for grabs as law firms, in-house teams and networks battle for regional accolades, the best initiatives and teams of the year across several practice […]
Man City hires Pannick as it fights for Premier League survival
A week of the star silk’s time could rival club’s top players.
1
Trainee and newly qualified solicitor salaries
The Lawyer has compiled trainee solicitor salaries and newly-qualified (NQ) solicitor salaries from the UK’s largest law firms. Last full update: 3 November 2023 Last minor update: 1 May 2024 The latest salary figures are a reflection of the influence of American firms on the UK market. When Bingham McCutchen became the first firm to […]
Exclusive: Bill Browder slams Macfarlanes on VTB Europe mandate
Lenders aren’t happy – and lawyers are in the ethical firing line
After the row over Shearman’s perceived closeness to Kirkland on the Access refinancing, is the law firm designation model on private equity deals about to crumble?
The Lawyer European Awards 2022: who’s made the shortlist?
The Lawyer European Awards is back and ready to crown the crème de la crème of the European legal market next month. Here is the shortlist. This year, 24 prizes are up for grabs as law firms, in-house teams and networks battle for regional accolades, the best initiatives and teams of the year across several practice […]
Man City hires Pannick as it fights for Premier League survival
A week of the star silk’s time could rival club’s top players.
1
Trainee and newly qualified solicitor salaries
The Lawyer has compiled trainee solicitor salaries and newly-qualified (NQ) solicitor salaries from the UK’s largest law firms. Last full update: 3 November 2023 Last minor update: 1 May 2024 The latest salary figures are a reflection of the influence of American firms on the UK market. When Bingham McCutchen became the first firm to […]
Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2021.
The Cristiano Ronaldo of law firms is…
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 […]
The legal hub you didn’t know existed
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 […]
Addleshaws is turning your lawyers into partners
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 […]
Today’s not just A&O day
1 May is a big day for many in the legal industry, not just the thousands of people at Allen & Overy and Shearman who have now combined officially. Scores of lawyers become partners today after a wave of promotions, meaning that also – in the great circle of life – plenty of veterans are […]
The client mix at US firms is about to change
The significance of the unstoppable growth of US-headquartered firms in London isn’t solely about jaw-dropping scale, although the size of headcount and revenue at some of these big City beasts is truly head-turning. Notably, several US firms have doubled down on their investment in London of late, and not just Paul Weiss. While the New […]
Charles Russell Speechlys tells trainees to lead on innovation projects
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 lands finance partner in rare hire
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 […]
All change at McDermott: Corporate duo take the reins in London
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 […]
Travers exits continue as infrastructure partner departs
A week after losing a private equity duo, Travers Smith is set for another partner exit – this time from its infrastructure finance team to Sidley Austin. Partner Ben Thompson has exited the firm and is joining Sidley Austin. Thompson joined the firm in September 2021 from Weil Gotshal & Manges, where he was a […]
Manchester United seeks new GC after Stewart exit
Manchester United’s interim CEO and general counsel has left following another shake-up within the club’s executive ranks. Patrick Stewart served as general counsel at the club for over 18 years and stepped into the interim CEO role at the end of last year following the departure of Richard Arnold. Stewart completed his legal training at Burness and qualified in […]
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