We’ve just launched Partnerless, a new email specifically for associates. Sign up here for weekly career intelligence and market chatter. Bryan Cave Leighton Paisner has finalised its trainee retention figures following months of extended efforts to find additional spots to keep on more of its spring cohort. In the end, only 29 per cent – four of 14 […]
Slaughter and May has retained 35 of its 37 final-seat trainees, giving it a retention rate of 94.6 per cent. It puts the firm behind only Herbert Smith Freehills in terms of the spring trainee retention round. After Slaughters, Freshfields is the best performing magic circle firm, with 84 per cent retention. Spring 2024 retention […]
Given the time, money and effort firms put into training up the next generation, it comes as a kick in the teeth when a fresh-faced NQ takes their ass elsewhere. But while firms might be able to shrug off a one-time dip in trainee retention rates, a sustained downward spiral could be cause for concern. […]
Clifford Chance will retain 40 of its 56 final-seat trainees in newly-qualified (NQ) roles this spring, giving it trainee retention of 71 per cent. While 52 trainees applied for roles only 44 were offered positions, with 40 accepting, hinting at a situation where not enough jobs in favoured departments were on offer, although the firm […]
Clifford Chance’s revenue hit £2.3bn in 2023/24, up 9 per cent from the previous year when it broke through the £2bn revenue barrier for the first time. Net profit was up 10 per cent last year from £781m to £856m, an improvement from the previous year when the firm’s net profit remained flat. Profit per […]
Simmons & Simmons’ revenue has hit £574m in 2023/24, up 10 per cent from the previous year when it cleared the £500m revenue barrier. Net profit was up 8 per cent last year from £189m to £204m, while profit per equity partner saw a 7 per cent rise, from £1.001m to £1.076m. Simmons’ managing partner […]
Clifford Chance and Slaughter and May are both cashing in on longstanding ties to PLC clients with Informa’s proposed acquisition of Ascential. Clifford Chance is leading for FTSE 100 company Informa, a UK heritage events business, on its acquisition of PLC rival Ascential – the operator of Cannes Lions and Money20/20. The deal is valued […]
Taylor Wessing’s revenue reached £480.7m (€562m) in the last financial year, as it aims for €1bn globally by 2028. The rise of nearly 10 per cent in sterling is a significant increase on its 2022/23 results in which global turnover crept up by 4 per cent to £439m. Its UK offices contributed over half of […]
Macfarlanes’ financials have shot right back up after taking a tumble in the previous financial year, with its average profit per equity partner hitting £2.6m. The firm’s last three financial results have been very up and down, with 2021/22 marking a record-breaking year of double-digit growth, leading to a decline in 2022/23. The 2023/24 signals […]
This report includes: an analysis of 18 European 100 firms that have seen new managing partners since the start of 2023 a consultant’s top tips for an MP-t0-be an overview of the trends in the European 100 leadership selection
This dashboard: contains an overview of the claims at a selection of courts in the UK. allows you to compare activity at the courts in Q2 2024 against Q2 2023.
This dashboard: contains an overview of the judgments at a selection of courts in the UK, Hong Kong, Singapore and Dubai during Q2of 2024. allows you to compare activity at the courts in Q2 2024 against Q1 2023.
This report includes: analysis of partner promotions at the UK Top 50 firms since 2020 insight into regional promotion trends a look at the progress towards gender parity in partner promotions data on the practice areas experiencing the highest number of promotions.
This report contains: an analysis of the reality of Cleary Gottlieb’s growth trajectory in London since 2014 an overview of challenges faced by the top global firms which are pursuing similar growth strategies a discussion on Cleary’s distinctive practice area mix, highlighting its substantial focus on antitrust cases.
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How did your firm fare in salary review season? For associates at Freshfields, their firm can claim the early-mover advantage prize after announcing a bold NQ salary jump to £150,000. But its moment was short-lived. Within a week, Quinn had upped its junior lawyer pay from £152,000 to £180,000. If there was an award for […]
Mid-market firms have been forced to re-evaluate their hiring strategies in the face of greater competition for partners. With lawyers more likely than ever before to switch firms, these firms have to move fast to secure the right talent, and one handy way to achieve that is to recruit from outside the partnership. Where first-time […]
Does anyone need any confirmation of the gradual takeover of the City by rampaging US law firms? No, thought not. If, however, your answer is yes, then more evidence of the Americanisation of London can be found in the upcoming edition of the UK Corporate 50. Much of the focus in this year’s report is […]
Mexico is set to welcome thousands of lawyers later this year when the capital city plays host to the International Bar Association’s (IBA) showpiece event. Partners and support staff will mingle from dawn until way after dusk, discuss strategies and scan way off into the horizon. However, Mexico’s been high on the interest list for […]
At times, Clyde & Co appeared dangerously close to squandering the growth opportunities presented by its July 2022 acquisition of BLM. The firm’s most recent financials, however, suggest BLM was the fuel Clydes needed to grow in the UK. Not that it has been without casualties, with a significant proportion of former BLM partners having […]
Clifford Chance’s revenue hit £2.3bn in 2023/24, up 9 per cent from the previous year when it broke through the £2bn revenue barrier for the first time. Net profit was up 10 per cent last year from £781m to £856m, an improvement from the previous year when the firm’s net profit remained flat. Profit per […]
Simmons & Simmons’ revenue has hit £574m in 2023/24, up 10 per cent from the previous year when it cleared the £500m revenue barrier. Net profit was up 8 per cent last year from £189m to £204m, while profit per equity partner saw a 7 per cent rise, from £1.001m to £1.076m. Simmons’ managing partner […]
Clifford Chance and Slaughter and May are both cashing in on longstanding ties to PLC clients with Informa’s proposed acquisition of Ascential. Clifford Chance is leading for FTSE 100 company Informa, a UK heritage events business, on its acquisition of PLC rival Ascential – the operator of Cannes Lions and Money20/20. The deal is valued […]
Taylor Wessing’s revenue reached £480.7m (€562m) in the last financial year, as it aims for €1bn globally by 2028. The rise of nearly 10 per cent in sterling is a significant increase on its 2022/23 results in which global turnover crept up by 4 per cent to £439m. Its UK offices contributed over half of […]
Macfarlanes’ financials have shot right back up after taking a tumble in the previous financial year, with its average profit per equity partner hitting £2.6m. The firm’s last three financial results have been very up and down, with 2021/22 marking a record-breaking year of double-digit growth, leading to a decline in 2022/23. The 2023/24 signals […]