‘Uncertainty is now having an impact’: revenue and profit growth slow at Simmons Thomas Alan Simmons & Simmons saw growth slow last year following a ‘much tougher’ second half in the UK, as uncertainty begins to…
Private equity provides the pace as Freshfields posts second year of steady growth while net profits edge up Nathalie Tidman Freshfields Bruckhaus Deringer has become the second of the Magic Circle to reveal 2019 results, posting a 6% uptick in…
Travers’ private equity star Dolman joins Summerfield at the corporate helm Muna Abdi Travers Smith has appointed Paul Dolman as co-head of corporate in addition to his existing role of head of private equity…
CC reveals first Magic Circle 2018/19 results as PEP grows just 1% and revenue nears £1.7bn Marco Cillario Clifford Chance (CC)’s managing partner Matthew Layton spoke of ‘times of investment’ and pointed to his firm’s four-year performance after…
In-house: Rio Tinto GC to retire as Transferwise and ASOS legal heads depart Anna Cole-Bailey Multiple general counsel (GCs) have stepped down from their posts this week, including the legal heads of FTSE 100 mining…
HSF hikes associate pay package to £105k as firms jostle for talent Thomas Alan Herbert Smith Freehills (HSF) has joined the ranks of firms upping their associate pay commitments, boosting its compensation package to £105,000…
Revolving doors: Dechert makes hires from Sidley and Hill Dickinson expands its commodities team Muna Abdi The lateral hires market has seen significant moves recently with Dechert hiring more partners from Sidley Austin, Crowell & Moring…
Linklaters digs down back of sofa to match rivals’ £100k associate pay packages Thomas Alan Linklaters has finished off the Magic Circle’s robust response to associate pay increases from US firms in London, raising its…
Bakers makes up seven in London in bumper promotion round Marco Cillario Baker McKenzie has promoted 81 lawyers to partners, continuing a trend which saw several law firms increase their intake this…
Former Ashurst managing partner Collis quits for Squire Patton Boggs Marco Cillario Ashurst lifer and former managing partner James Collis has quit the firm to join the London arm of Squire Patton…
Eating our lunch: Eversheds unshackles New Law offering and sets £100m revenue target Hamish McNicol Eversheds Sutherland is spinning off its £40m New Law business in a bid to supercharge its growth to £100m over…
A&O pips Links to the post in Magic Circle NQ pay hikes Nathalie Tidman Allen & Overy (A&O) has become the latest Magic Circle firm to hike its salary for newly-qualified solicitors (NQs) to…
Bakers scraps 46 City business services staff roles, more at risk Marco Cillario Baker McKenzie is the latest firm to scale down its London business support staff in favour of low-cost centres, scrapping…
Mayhew secures new four-year term at BCLP with Pritchard ineligible to run again Thomas Alan Bryan Cave Leighton Paisner (BCLP) co-chair Lisa Mayhew has been elected to serve another four years in the role. Meanwhile,…
Fieldfisher reducing UK reliance following third consecutive year of double-digit growth Thomas Alan Fieldfisher is looking to further reduce the percentage of overall turnover generated in the UK following a year defined by…
Pay for today: Slaughters boosts associate remuneration package to £100k as talent war intensifies Thomas Alan Slaughter and May is bolstering associate pay to a £100,000 including bonuses, becoming the latest of the City elite to…
Time for a change: well-regarded BAML European legal chief departs for EY Anna Cole-Bailey The long-serving EMEA general counsel (GC) at the Bank of America Merrill Lynch (BAML) has stepped down after 14 years…
Guest comment: LB’s New Law critique flawed as alt players build a ‘new order of client value’ Guest Blog LB editor-in-chief Alex Novarese recently posted a piece entitled ‘Innovation needs law firm champions’, which hooked on to the story of…
Freshfields partner fails to block SDT sexual misconduct tribunal Nathalie Tidman The Solicitors Disciplinary Tribunal (SDT) has thrown out an application by Freshfields Bruckhaus Deringer partner Ryan Beckwith to dismiss its prosecution…
Latham confirms death of Spain managing partner Juan Picón Marco Cillario Latham & Watkins’ Spain managing partner and former DLA Piper senior partner Juan Picón, one of his home country’s top…
