The anticipated £1bn initial public offering (IPO) of the UK’s second largest online property website has seen Magic Circle firms Freshfields Bruckhaus Deringer and Slaughter and May retained to advise as Zoopla prepares to list on the main market later this month.
Associate pay 2014 – ‘A good year’ sees CC boost salaries and bonuses across the board
Magic Circle firm Clifford Chance (CC) has significantly raised its salary package for its newly qualified (NQ) lawyers and junior ranks.
Salaries will be raised across the board, with first year trainees seeing an increase from £39,000 to £40,500 while year two trainees will receive an extra £1,500 to £45,500.
Financial results 2013/14: Osborne Clarke unveils a PEP increase of 46%
Osborne Clarke continues its upward growth trajectory with an announcement today (6 June) of a 46% increase in profit per equity partner (PEP) compared with last year’s figures.
Squire Patton Boggs – what does the merger mean for lawyers in London and Europe?
Effective on 1 June, the merger between 39-office firm Squire Sanders and 330-lawyer Washington outfit Patton Boggs will bring together the larger firm’s global platform with Patton Boggs’ white collar expertise in the US, but what will it mean for lawyers in London and Europe?
Financial results 2013/14: Clydes revenue growth slows but records another strong year
Clyde & Co has maintained its strong financial performance of recent years by today (5 June) announcing a 9% increase in global revenues, with profits increasing by 11%.
‘Create an environment where you’re not necessary’ – Grayling tells LSB to work towards its abolition
The Lord Chancellor Chris Grayling yesterday (4 June) outlined plans for the Legal Services Board (LSB) to wind itself down as part of efforts to streamline an over-regulated profession.
Financial results 2013/14: CMS unveils flat revenues with profit up 3.3%
CMS has unveiled a marginal increase in revenue for the 2013/14 financial year, with turnover up by under 1% from €837.7m to €842.1m for the year ending 31 December 2013.
Energy lawyers welcome Queen’s speech as Infrastructure Bill set to open pathways to fracking
Energy lawyers are expecting a hike in UK shale gas projects after the Queen’s speech yesterday (4 June) outlined plans to widen trespass laws in a draft Infrastructure Bill.
In-house: Ben Sherman’s GC moves to Myla; DfT’s former GC Muttukumaru joins Monckton
Lee Gage has left Ben Sherman after five years as general counsel (GC) to join luxury lingerie retailer Myla in the same role. His move comes as Monckton Chambers yesterday (3 June) announced the arrival of the Department for Transport’s (DFT’s) former GC Christopher Muttukumaru as a tenant.
18 months’ notice commuted to eight – Field Fisher’s Eduardo Ustaran joins Hogan Lovells
Field Fisher’s high profile former head of privacy Eduardo Ustaran joins Hogan Lovells today (4 June), almost a year before the expiry of the exceptional 18-month notice period announced at the time of his resignation last October.