Latham & Watkins has managed to retain 95% of its City trainees in its latest round, contrasting with Kirkland & Ellis, which has kept on just over half of its cohort. Meanwhile Allen & Overy (A&O) and Freshfields Bruckhaus Deringer posted their autumn trainee retention rates this week.
Pinsent Masons, DLA Piper, Ashurst and Bird & Bird have all missed out on William Hill’s latest UK adviser panel, with Linklaters and Addleshaw Goddard the only firms to retain their places on the FTSE 250 bookmaker’s slimmed-down roster. Slaughter and May, Eversheds Sutherland and Wiggin each won new spots on the five-firm panel following a review. …
Continue reading “Linklaters and Addleshaws among the runners on William Hill’s leaner UK panel”
Freshfields Bruckhaus Deringer has seen the departure of a member of its corporate team with the exit of investment funds partner Jonathan Baird to Hogan Lovells. He is the latest hire into Hogan Lovells’ investment funds practice, with the transatlantic firm bringing in New York-based Adam Tope from Greenberg Traurig in March.
Over 60,000 legal and accounting firms contributed £15.5bn worth of taxes in 2015/16, representing 2.5% of tax receipts in the UK, according to a new report by TheCityUK. The legal and accounting sector employs just under 700,000 people across the UK – including over 300,000 in law, representing 2% of the total workforce. The average wage …
Baker McKenzie has appointed three new City lawyers, taking on Freshfields Bruckhaus Deringer banking partner Geoff O’Dea, Travers Smith finance counsel Matthew Smith and Morrison & Foerster tech counsel Sue McLean – both of whom will be made up to partner in the move. O’Dea was made up to partner in 2012 at the Magic Circle …
Morrison & Foerster and Sullivan & Cromwell have both advised on major Swiss electricity smart meter producer Landis+Gyr’s $2.4bn (£1.84bn) initial public offering (IPO), Europe’s second largest this year. The IPO represents Landis+Gyr’s break from Japanese conglomerate Toshiba after it purchased the company six years ago. The IPO is the largest on the Swiss Exchange in the past ten …
Freshfields Bruckhaus Deringer‘s joint managing partner Chris Pugh (pictured) is stepping down less than half way into his term, the second person to vacate the position early in four years and the firm’s third unscheduled c-suite departure since 2013. Former disputes head Pugh will leave the role but remain at the firm, continuing his client-facing work. …
Continue reading “Freshfields co-managing partner Pugh steps down a year and a half into role”
White & Case has again advised Polish telecoms group Play Communications and its shareholders, Novator and Olympia, this time on Play’s €1bn initial public offering (IPO) on the Warsaw stock exchange. The IPO, which is the largest in the telecommunications sector in the past two years, values Poland’s second biggest mobile network operator Play at €4bn.
Ashurst has retained 95% of its 20-strong second year trainee cohort, with 19 of those in London accepting permanent newly-qualified (NQ) solicitor contracts at the firm.
Ince & Co is offering its lawyers the option to choose a different career path from the traditional partner track, as it revamps its associate pay structure.
