Latest Briefings

“Fire Safety Form” requirements now in force

Following Dame Judith Hackitt’s review into the Grenfell Tower disaster, the so-called “Planning Gateway One” is now in force. This is one of three gateways, or checks and balances, to regulate the life of a higher-risk building.

Supreme Court gives clarity on liquidated damages clause

In Triple Point Technology, Inc v PTT Public Company Ltd [2021] UKSC 29 (16 July 2021), the Supreme Court overturned the Court of Appeal to hold that liquidated damages for delay accrue from the due date for performance to the date the contract is terminated.

Beyond level 0 for Scotland hospitality businesses

Hospitality businesses react to First Minister’s announcement confirming 9 August 2021 end of “most” restrictions – is it a step back to life and a reality beyond Covid?

Recommended

financial

Latham mulls associate pay hike as talent war heats up

Latham & Watkins looks set to become to the latest firm to boost its associate pay scale as the battle over young legal talent intensifies. Lawyers at the firm are understood to have met yesterday to discuss the salary proposals which, if the firm elects to increase pay, could see associates paid between $190,000 and $340,000. […]

Richard East Quinn Emanuel

Exclusive: Quinn hikes London associate salaries in response to US payouts

A week after Quinn Emanuel Urquhart & Sullivan announced a bumper pay increase for US associates, the firm has decided to reward its City lawyers with a salary rise of up to 19 per cent. The new payscale will see first year post-qualification (PQE) lawyers paid £125,000 per year, increasing to a maximum of £245,000 […]

Money

Kirkland enters associate pay battle with “one time summer bonus”

Kirkland & Ellis has waded into the battle for US associate pay, joining trendsetter Cravath Swaine & Moore in offering the highest rates to its most senior lawyers. Kirkland is also paying a “one time special summer bonus” this year to US associates and its non-share partners, which is understood to reach up to $25,000. An […]

financial

Quinn matches Cravath with $340,000 salary for top-end associates

Quinn Emanuel Urquhart & Sullivan will pay top-end associates $340,000 a year as the battle between US firms for the best talent rages on, it has emerged. The pay scale announced by Quinn matches Cravath Swaine & Moore’s figures released earlier this week, as US firms continue to up the stakes in associate remuneration. Milbank Tweed […]

Global business concept. Silhoauettes of business person and communication network.

Knights boots up for IPO with tech transformation

Knights, which this month announced its intention to become the fifth publicly listed UK law firm, has hired the European IT director at Procter & Gamble to oversee a “technology transformation” as part of the listing. Richard King will join Knights on 1 July as a non-executive director to lead the business’ tech overhaul. Knights’ […]

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