HMRC review raises questions over law firm financing as banks tighten up lending terms Legal Business Law firms are facing a shake-up of their banking and taxation arrangements as both lenders and HM Revenue & Customs…
Election fever: Sandelson re-elected as disputes chief as global MP vote draws near Sarah Downey Set against the wider backdrop of its global managing partner contest, Magic Circle firm Clifford Chance has re-elected Jeremy Sandelson as…
Layton leads the field as CC set for managing partner election Legal Business The race to fill the shoes of Clifford Chance (CC)’s longstanding global managing partner David Childs has reached a decisive…
Barclays £5.8bn rights issue sees CC, Sullivans and Freshfields in the lead Legal Business Barclays has begun the biggest capital raising by a UK bank since 2009, under which Clifford Chance (CC), Sullivan &…
Sailing for Boston – Freshfields’ managing partner quits to join US buyout house Legal Business One of the most respected law firm leaders in the City has called it a day ahead of time with…
Layton leads the field as CC set for managing partner election Legal Business The race to fill the shoes of Clifford Chance (CC)’s longstanding global managing partner David Childs has reached a decisive…
Approved: Ashurst achieves full financial integration and single profit pool Sarah Downey Ashurst today (26 September) effectively threw down the gauntlet to a number of its newly-merged competitors by announcing it has ‘overwhelmingly’…
Herbert Smith Freehills to have a new CEO next year as Bell and Willis step down David Stevenson David Willis and Gavin Bell, joint chief executive officers at Herbert Smith Freehills (HSF), have announced today (24 September) that…
Ashurst gears up for new chairman election as Oz merger vote is brought forward Jaishree Kalia As Ashurst nears a crucial vote on full integration with Australian partner Blake Dawson – now known as Ashurst Australia…
Hogan Lovells bolsters mental health and workplace stress measures in the wake of tragic IP partner suicide Legal Business Hogan Lovells has bolstered its policies and procedures around workplace stress and mental health in the wake of the tragic suicide…
Trainee retention: Eversheds, Clyde & Co, CMS Cameron McKenna and Simmons reveal rates Legal Business The number of training contracts being offered by City firms may have dropped by over 20% but the recently revealed…
Redundancy watch: MMS loses 28 staff and Shakespeares launches consultation as Ashurst’s Scottish fallout continues Francesca Fanshawe Redundancy is a word that has been heard rather less over the quieter summer months but yesterday (9 September) Scottish…
Redundancy woes: Bond Dickinson and Watson Farley are latest major law firms to review support staff roles Francesca Fanshawe Redundancy consultations continue to dog the City’s top 100 firms as Bond Dickinson and Watson, Farley & Williams last month…
Trainee retention: Macfarlanes & Latham reveal numbers Legal Business Macfarlanes has become the latest City firm to decide on its trainee retention rates, with 18 out of 24 trainees –…
BLP loses head of private equity Raymond McKeeve to Jones Day David Stevenson With all eyes on Berwin Leighton Paisner (BLP) the news that corporate finance partner and global head of private equity…
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…
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,…
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…
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…
