Slaughter and May has raised pay for newly-qualified (NQ) lawyers to £150,000, bringing the firm to parity with its Magic Circle peers. The firm was slated to review its pay rates in November, but has brought the review forward, with the new rate effective from 1 September. The increase means that Slaughters no longer trails …
Continue reading “Slaughter and May matches magic circle peers with NQ pay hike to £150k”
While the legal market is never short of speculation about the next potential merger, last month saw news of an eye-catching deal bringing two parties from very different markets together with a fresh approach.
With results continuing to stream in, the initial picture is that the UK’s largest law firms are shrugging off the economic challenges of recent years. Financial results season is once again in full swing, and the UK’s largest law firms have plenty of reasons to be cheerful, with healthy returns across the board.
Paul Weiss has continued its rapid London expansion with the hire of TDR Capital general counsel David Holdsworth, who is returning to private practice after less than two years at the private equity house He is set to join as a partner in the US firm’s London private equity group, bringing the firm’s London partner …
Continue reading “Paul Weiss continues to add Kirkland alumni in London as TDR GC Holdsworth joins”
Algerian boxer Imane Khelif made headlines around the world when her Olympic bout against Italy’s Angela Carini ended after just 46 seconds, prompting a heated public debate about gender and eligibility in women’s boxing. Khelif had been permitted to fight at the Olympics despite being disqualified from the IBA Women’s World Boxing Championships in March …
Transport for London (TfL) is in the process of shortlisting firms for its new legal services framework, as the current roster enters the last year of its existing line-up. The government body is reviewing submissions from firms to draw up a shortlist of bidders to be invited to tender. The successful firms are expected to …
Continue reading “Transport for London plans journey with new roster of legal advisers”
Davis Polk has hired an A&O Shearman corporate real estate partner in London, while Milbank and Kirkland pick off talent from Latham.
Leading the high-profile moves this week, Paul Weiss hired Akin restructuring partner Liz Osborne in London for its much-anticipated European practice launch. Leaving Akin after almost a decade at the US firm, Osborne will join Paul Weiss as the head of European restructuring.
Latham & Watkins, Freshfields Bruckhaus Deringer and A&O Shearman are among the most-nominated firms at the 27th annual Legal Business Awards, the shortlist for which has been unveiled today (click here for the full list of nominees). The trio, which have a total of 18 nominations between them, are all up for the prestigious Law Firm …
Shopping centre owners have weathered a difficult few years, with the rise of e-commerce, Covid and the cost of living crisis causing much grief for those with stakes in bricks and mortar retail. There is cause for optimism, however, with private equity firm L Catterton’s acquisition of Hammerson’s £1.5bn stake in Value Retail – owner …
