Clifford Chance breaks ranks with magic circle to include partners in its gender pay gap figures March 27, 2018 Clifford Chance has included its partner pay in its gender pay gap report, the first magic circle law firm to do so. The firm revealed today that it had a mean hourly pay gap of 66.3 per cent, falling to 27.3 per cent in its partnership ranks, 27.7 per cent among its business services staff [...]
City Moves for 13 February 2017 – who’s switching jobs? February 13, 2017 Today's City Moves cover legal eagles, hotels and a precious metal explorer. Take a look at these movers and shakers: Ashfords LLP National legal and professional services provider Ashfords LLP has appointed Jim Morris as a partner and head of the firm’s expert aviation team. Having previously worked for six years as the aviation partner [...]
Law firm Irwin Mitchell reports boosted in profit before tax and revenue for year ended April 2015 January 28, 2016 NULL
City Moves for 21 December 2016 | Who’s switching jobs December 21, 2016 Al Rayan Bank (UK) Al Rayan Bank (UK) has appointed Venkat Chandrasekar as its new chief operations officer to oversee the bank’s frontline functions. An operations and technology leader with 17 years’ managerial experience in retail banking, he joins the Bank from Citibank where he held a number of senior positions over his 13-year tenure, most [...]
Irwin Mitchell just shy of top ten following Thomas Eggar merger November 26, 2015 Law firms Irwin Mitchell and Thomas Eggar revealed they are merging today, creating a business worth £250m. The merged firm is set to place as the 11th biggest in the UK, just short of a top ten position, in a league table compiled by trade magazine The Lawyer. It will also rank within top five [...]
Northern Powerhouse investment has been put at risk by the UK’s Brexit vote, according to a new report July 10, 2016 Government plans to build the Northern Powerhouse will be left on the brink of failure without boosted efforts to attract foreign investment, according to a new report. Chancellor George Osborne has been seeking to bridge the economic gap between London and the North since June 2014 when he announced the powerhouse agenda. However, according to [...]
The Brexit vote will halve expectations of economic growth for the UK’s largest cities, according to the CEBR July 20, 2016 Some of the UK's largest cities will see economic growth drop by as much as half next year, according to one think tank, although some will be set to recover by 2018. A study of 38 cities by the Centre for Economics and Business Research found that while all would continue to grow, the expectations for [...]
City Moves for 14 June 2016 | Who’s switching jobs June 14, 2016 First Names Group Trust, fund and corporate services provider, First Names Group, has appointed Teresa Lamy as its new chief HR officer. Teresa joins from TMF Group where she was global head of HR and was responsible for more than 120 offices operating in over 80 countries. Prior to this she was with Equity Trust, [...]
Four ex-Barclays bankers sentenced for roles in Libor rate-rigging scandal July 7, 2016 Four ex-Barclays bankers have today been given prison sentences totalling 17 years between them for their roles in the Libor-rigging scandal. Former bankers Jay Merchant, 45, Alex Pabon, 38, and Jonathan Mathew, 35, were sentenced to six and a half years, two years and nine months and four years respectively after having been found guilty of conspiracy to defraud. [...]
Fees soar for legal eagles, as law firms reveal they are modestly optimistic about their future June 14, 2016 Lawyers had reason to celebrate today, after a report revealed that fees at the top 100 law firms rose by 5.4 per cent in the year to April. The report by professional services firm Deloitte revealed that fee income in the last quarter of the financial year increased by an average of six per cent year-on-year. Firms are [...]