More for most or less for some? Links is latest top firm to sidle towards merit pay David Stevenson Even at the top of the market, the slow march towards performance-driven pay for associates continues with Linklaters this week…
Former Times head of legal Alastair Brett to face hearing for misleading court Legal Business The former head of legal for The Times newspaper, Alastair Brett, will appear before the Solicitors Disciplinary Tribunal (SDT) tomorrow…
US bonus season: Cravath kicks off by holding bonuses at 2012 levels Jaishree Kalia The US bonus season has kick-started with elite New York firm Cravath, Swaine & Moore setting the tone by revealing it will…
Updated: Clifford Chance in line for windfall payment after PwC reaches European Lehman settlement Legal Business Clifford Chance is among the creditors of the European operations of Lehman Brothers set to receive a windfall after administrator PwC…
Hefty fines: Cleary, Slaughters and CC advise on banks’ €1.7bn rate-rigging settlement Legal Business A collection of some of Europe’s strongest antitrust practices have been advising some of the world’s largest global banks as…
H1 2013/14: Ashurst sees combined half year figures rise by 6% Jaishree Kalia Newly-merged Ashurst has joined the growing numbers of top 50 LB100 firms to report an increase in turnover during the first…
Legal fees: QualitySolicitors to abandon hourly rates in favour of fixed fees Legal Business QualitySolicitors (QS) has unveiled plans to abandon the hourly rate across its network of firms, offering fixed fees for all…
H1 2013/14: Bird & Bird reveals revenue increase of 5% Legal Business Bird & Bird today (3 December) attributed a 5% increase in its half year (H1) 2013/14 revenues to the strengthening of…
H1 2013/14: Taylor Wessing reveals UK revenue increase of 10% Sarah Downey Taylor Wessing has joined a band of leading City firms to have turned out a double digit increase in revenue for…
Ashurst’s Lloyd set to join Allen & Overy subject to partner vote Jaishree Kalia Ashurst’s high profile global head of corporate Stephen Lloyd appears set to join Allen & Overy (A&O) after resigning from the newly-merged…
Guest post: The rise and rise of Slater and Gordon – a tale of the ABS era Guest Blog If anyone wanted to see what alternative business structures (ABSs) can achieve, they need look no further than Slater and…
Leadership: Dick Tyler ‘ready for a change’ as CMS elects Penelope Warne as senior partner Legal Business CMS Cameron McKenna has elected its first-ever female senior partner, as UK managing director and head of energy Penelope Warne…
Latin America: DAC merges with Colombian alliance partner De la Torre & Monroy Legal Business DAC Beachcroft has expanded its Latin American presence via a merger with Colombian alliance partner De la Torre & Monroy Abogados…
H1 2013/14: BLP reveals a 6% increase in turnover Jaishree Kalia By any estimation 2012/13 was Berwin Leighton Paisner’s (BLP’s) annus horribilis but the top 20 firm is showing modest signs of…
Merit driven pay – Slaughter and May introduces discretionary associate bonus Legal Business Building on its decision earlier this year to introduce an element of merit to its associate pay, Slaughter and May…
Guest post: The United States of Innovation – viewed from Wall Street, it could be a whole lot better Legal Business The other night I was fortunate enough to be invited to attend the FT’s Innovative Lawyers 2013 US awards ceremony.…
Comings and goings – Hogan Lovells financial disputes partner to depart Sarah Downey Hogan Lovells is set to lose financial disputes and legacy Lovells partner Luci Angus from its ranks in four weeks’…
Still in the headlines – Embattled Co-op appoints new GC for bank amid group shake-up Legal Business The Co-operative Bank (Co-op) has announced the appointment of former interim general counsel (GC) of Coventry Building Society Brona McKeown…
141 law firms in final closure warning to gain cover as research claims partners ignorant of insolvency risk Francesca Fanshawe While there are signs of recovery at larger law firms, fresh evidence of the pressure on smaller practices has emerged…
141 law firms in final closure warning to gain cover as research claims partners ignorant of insolvency risk Francesca Fanshawe While there are signs of recovery at larger law firms, fresh evidence of the pressure on smaller practices has emerged…
