Slaughter and May has bumped up its salaries for trainees and associates. First-year trainees will get £42,500, a rise of 3.7 per cent from £41,000. Second-years get a 3.3 per cent boost from $46,000 to £47,500. NQ salaries have risen by 2 per cent, from £70,000 to £71,500. Pay for 1PQEs gets the biggest hike: […]
Eversheds has been ranked as the strongest legal brand in the UK, ahead of DLA Piper and Pinsent Masons. The research, conducted by Acritas, is carried out every year among 2,300 senior buyers of legal services. Eversheds has taken first position for three of the past four years, leading last year’s Acritas rankings of the […]
Gateley has made up four lawyers to partner positions in a promotions round heavily focused on the real estate sector. The firm has doubled the number of partner promotions compared to its 2015 round when only two lawyers were made up to partner. Overall the total number of promotions across all levels has decreased, from […]
Clyde & Co has advised steel and engineering company Liberty House Group on its bid to acquire Tata Steel’s remaining UK share capital, The Lawyer understands. Liberty previously acquired Tata’s plants at Dalzell and Clydebridge in Lanarkshire. Clydes’ team is understood to be led by corporate finance partner Simon Vere Nicoll and disputes resolution partner Michael […]
BPP University director of marketing Rachel Holmes has joined 7 Bedford Row (7BR) as chief executive, replacing Fay Gillott who left last year. Gillott joined Atkin Chambers as CEO last November after six years at 7BR. She joined one month after Atkin revamped its graduate recruitment process and began offering its pupils £72,500, the highest pupillage award […]
Ashurst has promoted 12 lawyers to partner in its annual promotions round, including just three in the City. Of the 2016 promotions, four are in Australia, three in the UK, two in Germany, and one in France, Hong Kong and Spain. Last year Ashurst made up 20 new partners, including 11 in London and three […]
A year after New York-headquartered Debevoise & Plimpton made up its first partners in London in four years the firm has promoted two more of its lawyers to its all-equity ranks. Corporate lawyer Thomas Smith and Patrick Taylor, a member of Debevoise’s litigation department and the international dispute resolution group, have both become partners in […]
DAC Beachcroft has raided DWF’s Newcastle office, picking up a six-partner insurance team.
Bird & Bird has elected nine to partner including four each in London and continental Europe. Intellectual property (IP) saw the largest number of promotions, with five new partners focusing on this area. The firm also made up two partners in corporate, and one each in commercial and employment. Among the four made up in […]
Watson Farley & Williams (WFW) has promoted eight lawyers to its global partnership, including three in London. Just four of WFW’s 14 offices have received new partners in this round: London, Hamburg, Singapore and Athens. Two of the new partners are women, accounting for 25 per cent of the total round. WFW also made up […]
Kirkland & Ellis has secured its grasp on Bain Capital Credit by seconding partner Ashley Young to fill the space left by general counsel Mark Fine.
Slater & Gordon has successfully agreed a deal to maintain its lending facility two months after the firm was told it may have to repay its A$789.3m borrowing early. The Australian listed firm agreed to present an operating plan and restructuring proposal to its banking syndicate after posting a loss of A$958.3m (£493m) at the […]