LLP accounts: Strong returns for CC leadership with bumper 38% pay rise as Eversheds executives see take home remain static Tom Baker Clifford Chance’s (CC) 13-strong executive leadership team took home £22m in the 2017/18 financial year, according to the firm’s filings…
Looking back on 2018 – The year in law through ten on-point pieces Alex Novarese As 2018 draws to a close, an editor’s thoughts naturally turn to digging out stuff we’ve already done when they…
In-house: prominent Centrica GC Dawson to retire as ZPG legal head departs Hamish McNicol The long-serving general counsel (GC) of international energy player Centrica, Grant Dawson, is set to retire after more than 20…
US partner promotions: Nine minted in the City as Jones Day, Sidley, Cadwalader and Akin announce latest rounds Marco Cillario Jones Day, Sidley Austin, Cadwalader Wickersham & Taft and Akin Gump Strauss Hauer & Feld have unveiled their 2019 partner promotions, together…
Pre-float DWF hires GC as another litigation funder lists and Burford secures $1.6bn Hamish McNicol DWF has appointed a group general counsel (GC) ahead of its touted London Stock Exchange (LSE) listing early next year. Litigation…
Deal watch: Busy year-end as Japanese group buys Swiss power grid and Malaysian funds invest in Battersea Marco Cillario City deal teams are having a busy run-up to Christmas, with Baker McKenzie, Freshfields Bruckhaus Deringer, Addleshaw Goddard and Linklaters leading…
Watson Farley management get second term as half-year revenue comes in flat Hamish McNicol Watson Farley & Williams (WFW) has re-elected its management duo for a further five years. Chris Lowe and Lothar Wegener (pictured…
LLP accounts: Linklaters posts fall in profits as top earner doubles income at Macfarlanes Marco Cillario Operating profits at Linklaters dipped 1% to £472.3m, while Macfarlanes’ highest-earning partner brought home almost £4m in 2017/18, the two…
A&O opening Fuse tech lab for third round as it partners on £1.2m AI legal services project Thomas Alan Allen & Overy (A&O) will open its technology incubator space Fuse to a third group of companies from early next year,…
Slaughters lifts associate salaries alongside performance-related bonuses Thomas Alan Slaughter and May has increased its salary rates for newly qualified (NQ) associates by £3,000, with junior associates also seeing an…
Comment: Women redefining City law – a few teachable moments and the odd necessary evil Georgina Stanley When high-profile GCs still talk of being mistaken for a PA (as BT’s Sabine Chalmers was not that long ago),…
Comment: PRIME and the rise of law’s tick-box diversity ‘solution’ Alex Novarese The sheepish evasion now emanating from the once-lauded social mobility project PRIME is an abject lesson in what ethically ails…
Revolving Doors: Fieldfisher lands new energy co-head as King & Spalding and Pinsents strengthen City benches Thomas Alan Firms began their Christmas shopping in earnest last week, with LB100 pacesetter Fieldfisher strengthening its energy practice while Pinsent Masons recruited…
After the hammer, a scalpel – Kirkland confirms long-groomed successor to ‘visionary’ chair Hammes Marco Cillario In probably the worst kept secret in Chicago legal circles, Kirkland & Ellis has confirmed that partner Jon Ballis will become…
European Court of Justice makes landmark Brexit ruling as Fieldfisher prevails in $1.9bn Ukrainian banking dispute Tom Baker As a crunch parliamentary vote on Theresa May’s Brexit deal looks to be postponed, the European Court of Justice (ECJ)…
‘Scale and investment capability’: Ashfords and Boyes Turner merger to create £60m southern force Thomas Alan South west-based Ashfords and Thames Valley firm Boyes Turner are primed to merge, creating a 100 partner-strong £60m southern law firm. The…
First big defeat for Osofsky as SFO fails in Tesco prosecution Tom Baker Newly-installed Serious Fraud Office (SFO) director Lisa Osofsky has suffered her first major setback, as the agency’s prosecution of two…
‘Commitment to London’: Dechert makes up three in the City amid 16-strong partner promotions round Nathalie Tidman Dechert is continuing a recent spate of investment in its London office with the promotion to partner of three in the…
City criminal law firm HJA ushers in sweeping ownership changes amid succession problem Thomas Alan London law firm Hodge Jones & Allen (HJA) has brought in sweeping changes to its ownership model, making it the first…
Revolving Doors: Greenberg capitalises on Ropes & Gray’s real estate cutback as Gowling and BWB make City moves Thomas Alan There were signs of a pre-Christmas pick up in the City lateral market last week with Greenberg Traurig the leader following…
