PwC Australia: ‘Rainmakers’ given a free pass by bosses September 27, 2023 "The rules did not apply" to star performers at PwC's Australian arm, according to a damning report into the culture at the scandal hit business.
All magic circle law firms now pay newly-qualified lawyers £125,000 November 20, 2023 Every magic circle law firm is now paying their newly qualified (NQ) lawyers a £125,000 salary a year, after Slaughter and May matched this figure last week. Freshfields Bruckhaus Deringer and Clifford Chance were first out of the magic circle to hit £125,000, after they both boosted its NQ pay May 2022. Previously, Freshfields were [...]
Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw April 29, 2024 Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).
Last one standing: UK-US firm A&O Shearman latest to hike its junior lawyer salaries May 31, 2024 One of the largest law firms in the world A&O Shearman has upped its newly-qualifie salary to £150,000 for its London lawyers
Linklaters tells lawyers they can spend half their time at home permanently August 25, 2020 Magic circle law firm Linklaters today said its lawyers could spend up to half their time out of the office on a permanent basis. The London-headquartered firm, which has more than 2,000 lawyers worldwide, said the new policy was based on its experience during the coronavirus pandemic. The majority of Linklaters lawyers are still working [...]
City law firms urged to take trainees as US arm set to close London office August 29, 2024 The City of London Law Society issued a letter to its senior partners, asking for help finding roles for trainee lawyers of a US firm that is closing its City office.
Here are the law firms ranked highest on aiding social mobility October 31, 2023 Social Mobility Foundation report on social mobility sees City law firms making up more than half of the rankings.
Daily Mail said to be in cahoots with Qataris to splash over £500m on Telegraph group September 7, 2023 The Daily Mail is reportedly in talks with Qatari tycoons to table a bid for the Telegraph group, which could cost north of £500m. Daily Mail and General Trust (DMGT), owned by Lord Rothermere, is discussing additional equity to fund a bid for The Telegraph titles and The Spectator, which were put up for sale [...]
KPMG Law seeks to establish distinctive foothold in UK legal market July 8, 2024 KPMG Law UK is carving out a niche in the legal landscape with its unique approach to client service delivery
London’s elite Magic Circle law firms promote record number of partners as talent war rages on May 9, 2022 London’s prestigious Magic Circle law firms have promoted a record number of partners this year, in a sign the battle for talent is raging on at the most senior levels of the UK’s top firms. London’s five Magic Circle law firms – Clifford Chance, Freshfields, Slaughter and May, Linklaters, and Allen & Overy – promoted [...]