NQ salary war: What are young lawyers being paid in the City? May 14, 2024 Starting salaries for laywers have jumped in the past year as London's employeers battle for talent.
Magic circle law firm Freshfields ups NQ salary to £150,000 May 3, 2024 As the salary war in the legal market battles on, magic circle law firm Freshfields has just increased its NQ lawyers' salaries to £150,000
A&O Shearman: the mega law firm merger goes live today. Here’s what you need to know May 1, 2024 The most highly anticipated merger in the legal sector formally completes today, operating under a new name A&O Shearman.
A&O Shearman elects leadership team effective in May once merger completes March 1, 2024 Magic Circle firm Allen & Overy (A&O) has elected its senior partner and managing partner that will take over post-merger of A&O Shearman
Booming demand for London’s legal market drives record number of City partner moves in 2023 January 8, 2024 Law firms’ partner CVs were flying around the City in 2023, as the year saw the highest number of job moves ever recorded. According to data provided by legal recruiter, Edwards Gibson, there were 510 partner moves recorded over 2023. This figure is up six per cent on the 480 partner moves recorded over 2022, and [...]
Here are the five partners on the ballot to be the next managing partner of A&O Shearman December 11, 2023 Allen & Overy will host an election for the firm’s next senior partner and managing partner in February, for a new senior team to take over post-merger.
Prolific cybercriminal target magic circle firm November 10, 2023 The firm was added to LockBit's victim list on Wednesday according to a post on X (formally Twitter), with a threat to publish its data on 28 November.
Allen & Overy offloads risk management business to private equity firms October 30, 2023 City firm Allen & Overy today announced it is selling off its legal risk management business to private equity firms.
Allen & Overy profits dip as it battles headwinds ahead of Shearman & Sterling merger July 13, 2023 Law firm Allen & Overy has reported a slight dip in its annual pre-tax profits as it battled “intensifying headwinds” ahead of its merger with Shearman & Sterling. Pre-tax profits came in at £892m for the year ending 30 April, down from £900m the previous year. Average profit per equity partner came in at £1.82m. [...]
Allen & Overy and Shearman & Sterling merger to forge £2.7bn law firm May 22, 2023 Law firms Allen & Overy and Shearman & Sterling announced plans to merge late last night, in a move which would create a firm with approximately $3.4bn (£2.7bn) in combined revenues. The tie up marks one of the biggest legal mergers in recent history, forging a firm with 3,900 lawyers across 49 offices around the [...]