Stress test – partners on how they deal with a life under pressure

Stress test – partners on how they deal with a life under pressure

‘The personality types attracted to law often highly value accuracy and delivering the “perfect” answer, but that single-minded goal can be almost impossible in our business – it’s something that can be detrimental to your health and your relationships with your team and family.’ As Hogan Lovells’ UK managing partner Penny Angell explains, the challenge …

Travers departures continue as Linklaters and Fried Frank pick off transactional trio

Travers departures continue as Linklaters and Fried Frank pick off transactional trio

In another blow for Travers Smith, respected corporate M&A and ECM partner Richard Spedding has left to join Linklaters, on the back of the departure of a private equity duo to Goodwin late last month. A Legal 500 Hall of Famer for small to mid-cap equity capital markets, Spedding was at Travers or 25 years. …

‘Nobody will want to feel like they are the poor cousin’: Freshfields reignites talent war with £150k NQ pay hike

‘Nobody will want to feel like they are the poor cousin’: Freshfields reignites talent war with £150k NQ pay hike

Freshfields Bruckhaus Deringer has broken ranks from its Magic Circle peers on associate salaries, increasing newly-qualified (NQ) pay from £125,000 to a new high of £150,000.   The move puts clear water between the firm and Slaughter and May, Linklaters, ‎A&O Shearman, and Clifford Chance, all which pay their NQ lawyers £125,000.

When the going gets tough – Global London firms dig in as market reality bites

When the going gets tough – Global London firms dig in as market reality bites

With worldwide M&A activity down 17% last year, hitting a decade low, according to data from Refinitiv, 2023 was always going to be a more challenging year for US firms in London. And across the board, growth slowed as firms bucked the ‘stack ‘em high’ trend of recent years, exercising an increasingly cautious approach to …

Moves of the month: recruitment market picks up as leading firms think laterally

Moves of the month: recruitment market picks up as leading firms think laterally

Lateral hiring saw a notable pickup during the first quarter of 2024, with partner moves across sectors from litigation to corporate, finance, and restructuring, to ESG, energy and competition. Global London firms were especially busy during this period, often to the detriment of their Magic Circle peers. While Paul Weiss has been making headline-grabbing hires, …