Law firm partners at major City firms are facing the prospect of a substantive hike in tax if the Labour Party forms a government in this month’s general election with current manifesto pledges expected to see many partners at LB100 firms with a five-figure increase in their annual tax bill.
Watson Farley & Williams, TLT and Scottish firm Brodies are the most recent firms to announce their partner promotions with both Brodies and TLT expanding their rounds while Watson Farley nearly halved the number of lawyers it made up.
Following some speculation as to who would become Kirkland & Ellis‘ de facto head in London, finance partner Stephen Lucas has taken up the role and has been appointed to the firm’s executive committee, just one year after joining the firm.
Associates are set to gain whoever wins Law firm partners at major City firms are facing the prospect of a substantive hike in tax if the Labour Party forms a government in this month’s general election with current manifesto pledges expected to see many partners at Legal Business 100 firms with a five-figure increase in …
Continue reading “Partners at top firms to pay £42k more under Labour tax plans”
Goodwin Procter and Ropes & Gray launch in PE and ComLit International firms in the City maintained their expansive form in April with three US-bred advisers unveiling UK law practice launches. The moves saw Boston’s Goodwin Procter launch a UK practice in private equity, New York’s Cahill Gordon & Reindel hire its first English-qualified partner …
Continue reading “US firms step up in the City with new practices”
I’m always in the present and think of the now. You make your own luck. You have to put yourself in harm’s way. You have to be standing by the street when the ambulance goes by or you’re not going to be able to chase it. There’s a degree of intelligent positioning. I come from …
Allen & Overy (A&O) has launched a back-to-work initiative for women, using its contract lawyer business Peerpoint in a bid to hit its 20:20 gender diversity target.
Mayer Brown has hired Berwin Leighton Paisner’s (BLP) head of EU and competition, David Harrison, ten years after he joined the firm from Allen & Overy (A&O) to help start the stand-alone group. Meanwhile, Freshfields Bruckhaus Deringer City antitrust partner Andrea Gomes da Silva is leaving the firm after 14 years to join the Competition …
Taylor Wessing, Olswang and CMS Cameron McKenna are amongst a host of firms to sign up to Apperio – a platform designed to create transparency on legal fees.
The latest round of partner promotions among international firms sees Clyde & Co and Dentons announce 13 and ten new partners respectively.
