Playing catch-up: CC to push on with remuneration changes

Playing catch-up: CC to push on with remuneration changes

While its Magic Circle peers have made significant progress with modifying their locksteps to attract and retain talent, Clifford Chance (CC) is dragging its feet on implementing proposals voted in nearly two years ago. In 2015 CC made amendments to its pay structure to allow leading partners to go up to 130 points, while plateau …

‘This latest round has been disappointing’: A&O vows to address lack of diversity as Magic Circle announces new partners

‘This latest round has been disappointing’: A&O vows to address lack of diversity as Magic Circle announces new partners

Allen & Overy (A&O) promoted just two women to partnership last month, 8% of its total round, with the firm stating it is working towards three clear 2020 targets to address the diversity concerns. The targets include having 20% female partners; at least 30% women in each promotion round; and 30% of women in its …

‘Just get on with it’: City partners fear yet more uncertainty ahead of general election

‘Just get on with it’: City partners fear yet more uncertainty ahead of general election

As Theresa May’s call for a general election on 8 June came as a surprise to many in the City, law firm partners say their UK clients will be dogged by yet more uncertainty. The announcement last month came as the polls suggest a clear lead for the Conservative Party, while May said she is …