Freshfields to deploy second-tier lockstep for more partners as profit drive continues Madeleine Farman As Freshfields Bruckhaus Deringer continues its profitability drive, almost a quarter of the global partnership is expected to be on…
Simmons amends partnership deed following A&O departures Georgiana Tudor While Herbert Smith Freehills became embroiled in a very public court battle over a team defection to White & Case…
Simmons amends partnership deed following A&O departures Georgiana Tudor While Herbert Smith Freehills became embroiled in a very public court battle over a team defection to White & Case…
‘Fiddling around the edges’: CC votes for more lockstep reform to keep pace Georgiana Tudor Partnership votes to raise compensation levels two years after last shake-up In its most recent bid to compete with high-paying…
Freshfields to deploy second-tier lockstep for more partners as profit drive continues Legal Business As Freshfields Bruckhaus Deringer continues its profitability drive, almost a quarter of the global partnership is expected to be on…
‘Common business sense’ – Simmons amends partnership deed to block team exits following A&O departures Legal Business While Herbert Smith Freehills became embroiled in a very public court battle over a team defection to White & Case…
Moving on: Bond Dickinson offers redundancies in Bristol following QBE panel loss Kathryn McCann Bond Dickinson has made up to five voluntary redundancies in its Bristol office after the firm lost out on a…
‘Forward-looking changes’: A&O introduces new management structure Madeleine Farman Following a consultation period, Allen & Overy (A&O) has introduced a new executive committee and client group in a bid…
Dentons axes five lawyers from Watford office after consultation Legal Business Dentons’ Watford internal staff consultation, launched in March, has concluded with the axing of five lawyers – two partners and…
‘Time to pass the baton’: Glover becomes Simpson Thacher City head as Connolly steps down at Mayer Brown Legal Business Simpson Thacher & Bartlett‘s London managing partner Gregory Conway has stepped down from his role after 10 years of leading…
‘A more complex approach’: CC votes through more lockstep reform to fend off mounting US threat Georgiana Tudor In a bid to keep pace with high-paying US rivals, Clifford Chance (CC) has voted through another round of changes…
‘Cementing KWM’: Australian chief exec Kench elected as new global managing partner Georgiana Tudor After going months without a global managing partner, King & Wood Mallesons (KWM) has appointed Australia chief executive partner Sue…
‘Some firms do it very well’: Top City outfits embrace flexible working Madeleine Farman The City’s leading firms have formally embraced flexible working, with the percentage of fee-earners working part-time at the top ten…
Hogan Lovells pilots radical associate assessment programme Legal Business Hogan Lovells is piloting a new model of reviewing associates, dropping formal annual reviews in favour of a programme of…
‘He always puts the firm first’: Passmore wins Simmons senior partner re-election Legal Business Incumbent defeats Asia head Paul Li to win third term in leadership A leadership contest at Simmons & Simmons has…
Hogan Lovells pilots radical associate assessment programme Legal Business Hogan Lovells is piloting a new model of reviewing associates, dropping formal annual reviews in favour of a programme of…
Shearman hikes UK associate pay following 14% increase in City revenue Legal Business Shearman & Sterling‘s UK associates will see another increase to their salaries with newly qualified (NQ) lawyers taking home £10,000…
Barclays deadline looms for KWM partners who took personal loans for capital Legal Business Former King & Wood Mallesons (KWM) partners who took out personal loans from Barclays for their capital contributions have received…
Linklaters trials fixed-hours week for German associates Legal Business In a bid to offer more flexible career options for associates, Linklaters is trialling an alternative career track which would…
‘Giving the partnership back’: Linklaters to ditch individual partner metrics to target team performance Legal Business In a highly symbolic break from its 2000s incarnation, Linklaters is to phase out individual partner metrics and annual assessments…
