Solicitors set to own non-regulated businesses after watchdog levels ‘the playing field’ with ABSs Legal Business The Solicitors Regulation Authority (SRA) has decided to relax the Separate Business Rule, allowing law firms to own outside businesses…
Freshfields’ Pugh and Braham form unity ticket as teams assemble in leadership election Legal Business After Freshfields Bruckhaus Deringer veterans Edward Braham and Christopher Pugh (pictured) canvassed separately and were set to go head-to-head for…
Enyo hires Eversheds partner and intelligence duo to tackle business in ‘unusual jurisdictions’ Legal Business In a sign of the travails facing law firms doing business in ‘unusual jurisdictions’, Enyo Law has established an in-house…
DLA Piper enters booming contract lawyer market with Peerpoint-style alumni venture Legal Business DLA Piper is to launch a flexible working unit to rival Allen & Overy’s (A&O) Peerpoint and other alumni-based ventures…
Clifford Chance’s New York office loses corporate duo to Greenberg Traurig Legal Business Clifford Chance’s (CC) ambition to build its New York office have suffered a setback with the loss of M&A duo Ivan…
Financials 2014/15: Taylor Wessing’s UK operations see revenues rise 8% and PEP reach £767k Legal Business Taylor Wessing has released its financials for 2014/15 with UK revenues increasing by 8.2% to £121m from £112m last year…
CC matches peers in associate salary race – both Slaughters’ £70k NQs and Links’ 3 year PQE pay Legal Business Clifford Chance has revealed its 2015 pay bands for newly-qualified (NQ) lawyers, matching the £70,000 NQ rates of Slaughter and May while also meeting…
Kirkland exits continue as high-yield heavyweight McKimm set to join Freshfields Legal Business Reversing the trend of partners departing Magic Circle firms for US rivals, Freshfields Bruckhaus Deringer, subject to a partnership vote, is…
Lockstep has to go for Magic Circle to enter new global elite Legal Business Conservatism and intransigence are qualities often bemoaned in the legal industry, in many cases beyond their manifestation. But there is…
2025: a vision of Big Law Legal Business It is 2025 and the view from the nominal head office of the leading City law firm remains as uncertain…
Be wary of vaulting ambition as competition ramps up in Scotland Legal Business An interesting battle is raging in Scotland on levels large and small. In early May, the Scottish National Party (SNP)…
Reed Smith launches in Frankfurt with raid on US rivals Legal Business Nearly a year in the offing, Reed Smith has opened its second German office with a bang, hiring a total…
Clifford Chance votes through changes to lockstep in bid to retain heavyweights Legal Business City giant’s remuneration review comes after recent key departures In a move considered overdue by some, Clifford Chance (CC) voted…
The prize – is team recruitment all it’s cracked up to be? Legal Business For many ambitious law firms the holy grail of partner recruitment is the team hire. Legal Business asks if hiring…
Slaughters starts salary race with £70k for NQs Legal Business The yearly contest to attract new talent has started with Magic Circle duo Slaughter and May and Linklaters both making…
First-to-file firms score double-digit growth Legal Business UK-based firms Osborne Clarke, Browne Jacobson, Clarke Willmott and Fladgate have all recorded double-digit revenue growth for the 2014/15 financial…
Brait a boon for Links as New Look buyout lifts PE market Legal Business Less than a month after advising on the £1.3bn purchase of Virgin Active by billionaire Christo Wiese’s private equity vehicle…
Deal watch: Corporate activity in May 2015 Legal Business SLAUGHTERS AND LINKS ACT ON SANTANDER AND UNICREDIT’S ASSET MANAGEMENT TIE-UP Slaughter and May, best-friend firm Uría Menéndez and Davis…
Greenberg Traurig builds European real estate team with 12-lawyer hire from A&O and Norton Rose Legal Business In a bid to enhance its real estate offering in Central Europe, Greenberg Traurig last month recruited 12 lawyers to…
You can’t buy loyalty – the dos and don’ts of making the lateral hiring game pay off Legal Business Fieldfisher’s Matthew Lohn argues that patience, structure and a dash of decency go a long way in hiring a partner…
