This time last year the UK renewable energy sector was still reeling. Just one month on from the election victory in May 2015, the Department of Energy and Climate Change (DECC) sent shockwaves through the industry when it confirmed that the Conservative’s manifesto pledge “to end new subsidies for onshore wind” in fact meant an early end to the Renewables Obligation.
By Thomas Sturge Renewables has had a rough ride in some quarters of the national press. Onshore wind turbines are dubbed an eyesore, offshore turbines installed far from anyone’s gaze out at sea are derided for being too expensive, and solar panels are berated for being inefficient. Some politicians also blame the rise in renewables […]
Taylor Wessing is to keep on 77 per cent of its qualifying trainees this autumn. A total of 17 out of a cohort of 22 are to take on newly qualified positions at the firm. Two trainees each go to the firm’s disputes; banking and finance; corporate commercial and projects; employment and pensions; and private equity practices. The final seven […]
Allen & Overy (A&O) has hired a three-partner finance team from White & Case’s New York office in a bid to expand its US presence.
Mishcon’s total revenue has also shot up by 16 per cent to £127.9m. 15 Feb: Mishcon sets sights on John Lewis ownership model 8 June: Mishcon launches ’10-year vision’
Nabarro has revealed its new salary bands for 2016/17. Second-year trainees at the firm have been given the largest rise, a 5 per cent boost from £40,000 to £42,000. First-year trainees get a 2.7 per cent rise from £37,000 to £38,000. While newly qualified solicitors also get a £1,000 pay increase, not all associate levels […]
Weightmans’ net profit fell by 6.5 per cent during the 2015/16 financial year, from £10.7m to £9m, at the same time as the firm has vowed to overhaul its business strategy.
KWM partners voted 98 per cent in favour of forking over the extra cash, it has emerged. 19 July: KWM partners’ contributions to double 23 March: KWM to cut 15% of EUME partnership
The Bar Standards Board (BSB) has dismissed complaints against Serle Court barrister Khawar Qureshi QC related to his conduct in the high-profile Djibouti case last year.
A&O finance partner Stephen Kensell has exited for Latham & Watkins. 13 Nov: A&O leadership frontrunners emerge 21 June: Latham expansion continues with Freshfields hire
Charles Russell Speechlys’ average profit per equity partner (PEP) has increased by 23 per cent from £320,000 to £393,000 in its second financial year since its merger.
Insurance giant RSA has completed its global panel review after a two-year delay. 26 Jan: RSA panel in limbo after third delay 22 April: RSA rejigs management team