Slaughters starts salary race with £70k for NQs Legal Business The yearly contest to attract new talent has started with Magic Circle duo Slaughter and May and Linklaters both making…
A&O ushers in bonus pool for ‘exceptional partners’ as City giants edge from lockstep Jaishree Kalia With the Magic Circle facing increasing pressure from US firms’ ability to pay top dollar for star talent, Allen &…
DAC Beachcroft set for defining post-merger management election Kathryn McCann DAC Beachcroft is gearing up for a management election this summer between both insurance and non-insurance partners as the firm…
Law firms set to downsize offices as profession faces 4.9m sq ft of lease events in London by 2021 Legal Business The legal profession is set to see a spate of downsizing of its real estate holdings according to CBRE’s Professional…
WLG’s Poole changes retirement plans to take on international head role Kathryn McCann As Wragge Lawrence Graham & Co continues its post-merger integration, stalwart Quentin Poole (pictured) has taken on a new role…
Replacing Stewart: Olswang picks IP partner Paul Stevens as new chief executive Legal Business After looking externally for a permanent replacement for former chief executive David Stewart, Olswang has turned internally and elected intellectual…
Taking the plunge: Gateley set to be UK’s first firm to float Legal Business After Australian-listed Slater & Gordon demonstrated the benefits of greater access to capital by using a share offer to part…
Keeping the talent: Clifford Chance votes through changes to lockstep in bid to stem flow of star partners Legal Business The partnership at Clifford Chance (CC) has voted through proposed changes to its remuneration system which will see the firm deploy…
Partners at top firms to pay £42k more under Labour tax plans Jaishree Kalia Associates are set to gain whoever wins Law firm partners at major City firms are facing the prospect of a…
Getting on the board: Lucas takes role on Kirkland’s executive committee and top spot in its City office Legal Business Following some speculation as to who would become Kirkland & Ellis‘ de facto head in London, finance partner Stephen Lucas…
Right to vote: Eversheds reforms fixed-share partner scheme to include voting and greater profit share Kathryn McCann In the wake of HMRC’s tax changes which have seen fixed-share partners (FSP) contribute capital at a slew of LB100…
Reshuffles: Hogan Lovells reshapes board as Norton Rose Fulbright elects new chair Legal Business Hogan Lovells has elected three partners to its 12-strong global board while Norton Rose Fulbright (NRF) has announced the appointment…
Slaughter and May raises associate pay with NQs getting £5,000 boost Legal Business Traditionally a bellwether of trainee and associate salaries among the Magic Circle, Slaughter and May has made significant hikes to…
Q&A: Pinsents new managing partner Cleland on priorities, understanding the numbers and what he will miss most Kathryn McCann Pinsent Masons‘ John Cleland (pictured) takes up the reins as the firm’s new managing partner today (Friday 1 May). He…
Q&A: Shearman’s Nick Buckworth talks keeping a focused business, peer pressure and climbing Mont Blanc Legal Business Shearman & Sterling’s London office has outpaced the rest of the firm, with revenue last year growing 7% in the City…
HSF brings in two senior non-execs amid shake-up to governance board Legal Business Herbert Smith Freehills (HSF) has shaken up its global council to bring in two non-executives. The move sees Commonwealth Bank of…
Grow your own – Signature Litigation plans trainee scheme with other law firms Legal Business On the back of robust financial growth for the 2013/14 year, high-flying boutique Signature Litigation is exploring developing a trainee…
Expanding the board: BLP adds two to its board including first overseas member Tom Moore With the leadership of Berwin Leighton Paisner (BLP) set to change on 1 May, the firm’s new managing partner Lisa…
Leadership: David Ryan set as Pinsents London head after leaving managing partner role Kathryn McCann David Ryan (pictured) is set to take up the role as head of Pinsent Masons‘ London office following the end…
Leadership: Freshfields veterans Braham and Pugh set to go head-to-head in senior partner elections Legal Business A contest between the firm’s disputes and corporate partners is set as Freshfields Bruckhaus Deringer’s former disputes and corporate heads…