Just over a year after Paul Devitt stood down early as managing partner of Addleshaw Goddard, he is due to leave the firm along with fellow corporate partner Richard Thomas for big four accountancy firm EY.
Linklaters has revealed its salary bands for junior lawyers in London with newly-qualifieds (NQs) receiving a £3,500 pay bump to £68,500 while those with three year post-qualified experience (PQE) had a 5% increase to £98,500.
Nearly a year in planning, Reed Smith has opened its second German office with seven partners arriving from Mayer Brown; Orrick, Herrington & Sutcliffe; Willkie Farr & Gallagher and Jones Day to launch the firm in Frankfurt.
Back in February Labour announced that it would, if it took power, begin an 'immediate and independent review into the culture and practices of HMRC with regard to tax avoidance.' This politicisation of the question whether HMRC retained public confidence diffused the logic of the demand.
The US Department of Justice (DoJ) yesterday afternoon announced that five major banks have made a collective settlement of $5.7bn (£3.6bn) to bring a close to investigations which have seen a raft of firms pick-up work including Gibson, Dunn & Crutcher and Clifford Chance.