Training contracts: A&O cuts 2015 intake by 15% and reveals retention rates alongside HFW and Olswang Sarah Downey Allen & Overy’s (A&O) decision today (15 August) to reduce its trainee intake by 15% in 2015 will be closely…
Guest post: Topline heroin – how global law became addicted to the wrong measure of success Legal Business One lens through which to view a large part of the corpus of business and management literature is that of…
Finance: Slaughters, Cravath and De Brauw secure Shell DCM work as Irwin Mitchell wins Wells Fargo as new client David Stevenson European corporates are showing greater reluctance than last year to tap into the debt capital markets but Royal Dutch Shell…
Revolving Doors: Macfarlanes, LG and Howes Percival boost commercial real estate as CMS takes on RPC reinsurance head Sarah Downey A resurgence in commercial real estate work has seen heightened lateral activity in the sector with hires by Macfarlanes, Lawrence…
NQ retention and pay: Good news for NRF and Bird & Bird but FFW puts 5 trainees on extended contract Sarah Downey If you see a rabble of trainees at the pub this lunchtime they may well be from Norton Rose Fulbright (NRF),…
Deal Watch: Dentons & King & Spalding act on HR Owen hostile takeover bid as Freshfields and Skadden secure Asian M&A roles David Stevenson While the traditional August lull in corporate work may have seen Asia relax, the giant is far from asleep and…
Trainee Retention: Hogan Lovells, Travers and RPC reveal numbers Legal Business The trainee retention rates rollercoaster continues to bring with it good news and bad as today firms including Hogan Lovells,…
We’ll take that: BPP’s university status welcome news amidst challenging times for education providers Sarah Downey With the Legal Education and Training Review (LETR) having just last month thrown down some spiky if not unexpected challenges to…
UK legal services regulation ‘steals a competitive march’ as Jacoby & Meyers launches European venture Sarah Downey Jacoby & Meyers is to establish a new joint venture in the UK as the major US consumer law firm…
Redundancy 2013: Watson Farley latest top 40 firm to review secretarial jobs Sarah Downey With 2013 offering all the dubious promise of being the toughest legal labour market since 2013, Watson, Farley & Williams…
Retention round up: mixed bag as Shoosmiths, Dentons, Taylor Wessing record reduced rates Sarah Downey Following last week’s round of positive trainee retention rates within a mix of Magic Circle, international and regional firms; the…
Hong Kong drive: Addleshaws makes foray into local law two months after HK launch Francesca Fanshawe Addleshaw Goddard’s objective to offer capability across the major disputes and arbitration centres has been given a boost by its launch…
Investment costs: Hill Dickinson partners vote through £2.8m cash call Sarah Downey It’s been a tough year for national firm Hill Dickinson. With both profit per lawyer and profit per equity partner…
Financial results 2013: Burness Paull (minus the Williamsons) outstrips Scottish rivals with post-merger results Sarah Downey In the first few months since its eye-catching merger at the beginning of December last year, Burness Paull has climbed…
Real estate round up: Hogan Lovells, BLP and Nabarro show credentials while Mishcons makes key hire Legal Business Unsurprisingly, what little major real estate work that is around has found its way to the usual trio of law…
Asia round-up: Bakers ushers in new Singapore head as MoFo and Taylor Wessing plot regional growth David Stevenson Aside from the big Asia Pacific news this week of SJ Berwin’s tie-up with King & Wood Mallesons, other major…
Vision of the future? Former eBay dispute resolution team heads to Europe Legal Business An online dispute resolution (ODR) technology business spun out of eBay is setting up in the UK after receiving a…
Deal watch: Student Loans Company invites law firm tenders for £40bn debt portfolio sale Sarah Downey The Government’s plan to take the Student Loans Company debt off its balance sheet has moved up a gear as…
Bar round-up: Essex Court and Outer Temple Chambers boost their ranks Sarah Downey It’s been a good summer so far for Essex Court Chambers and Outer Temple Chambers, with Daniel Oudkerk QC recently…
Retention round up: UK firms score top marks on trainee job offers Sarah Downey Despite the wave of redundancies and poor financials of late, firms are still posting high retention rates of junior lawyers…