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  • October 26, 2011 |

    Attorney general takes soundings on move to US-style plea bargaining for corporate crime

    The Attorney General's Office (AGO) is consulting on proposals to usher in US-style plea bargaining in the UK to help prosecutors crack down on white-collar crime. The AGO has begun consulting on a form of plea bargaining called deferred prosecution agreements (DPAs), a tactic often used by prosecutors in the US to pursue fraud and corporate-wrongdoing.

    1 minute read

  • October 26, 2011 |

    All for one – DLA Piper revives plans to move to all-equity partnership

    "Our remuneration system aims to reward partners for performance, not status, and that will continue" - Will an all-equity model overhaul galvanise DLA Piper's partnership? Georgina Stanley and Simon Petersen report...

    1 minute read

  • October 25, 2011 |

    Applications to study law at university see 5% year-on-year fall

    The number of candidates applying to study law in the 2011 academic year has fallen by more than 5% on last year, according to figures published by the Universities and Colleges Admissions Service (UCAS). The figures show that only 13,139 applied to study law at the 26 universities that supplied figures to UCAS, after 13,858 applied last year, equating to a drop of 5.2%.

    1 minute read

  • October 21, 2011 |

    Squire Sanders Hammonds signs up Pinsents partner as outsourcing and procurement chief

    Squire Sanders Hammonds has recruited a partner from Pinsent Masons to head its global outsourcing and procurement group. Garfield Smith joined the firm on 1 October from Pinsents, where he had been a partner for four years and headed the financial services outsourcing practice.

    1 minute read

  • October 12, 2011 |

    Addleshaws ups pay for NQ lawyers in both London and the regions

    Addleshaw Goddard has pushed up salaries for its newly-qualified (NQ) lawyers, with those in the firm's regional offices seeing pay increase by 4%, against a rise of under 2% in London. The increase, which took effect last month, saw salaries for NQs in Leeds and Manchester increase from £36,500 to £38,000, while London counterparts saw pay nudge up from £58,000 to £59,000.

    1 minute read

  • October 10, 2011 |

    Slaughters and A&O lead on £472m private equity credit card sale

    Slaughter and May and Allen & Overy (A&O) are leading a four-firm line-up advising on the £472m private equity sale of credit card provider SAV Credit to investment manager Vaerde Partners. Slaughters advised SAV owner Palamon Capital Partners on the sale, with London corporate partner David Wittmann leading a team that also included tax partner Graham Iversen.

    1 minute read

  • October 5, 2011 |

    Maclay Murray boosts London corporate with Pinsents partner hire

    Maclay Murray & Spens has strengthened its London corporate practice with a partner hire from Pinsent Masons. Darius Lewington joined the firm last month after nine years at Pinsents, where he worked on domestic and cross-border corporate transactions including M&A, IPOs and secondary fund raisings, joint ventures and corporate reorganisations.

    1 minute read

  • September 30, 2011 |

    A&O up front on Manchester United's $1bn Singapore initial public offering

    Allen & Overy (A&O) is set for a headline role on Manchester United's planned $1bn (£640m) Singapore initial public offering (IPO). The magic circle firm is understood to be advising longstanding client Man Utd on the listing, with global corporate co-head and relationship partner Andrew Ballheimer leading the firm's team.

    1 minute read

  • September 30, 2011 |

    Pinsents signs up Clarke Willmott quartet for sports team

    Pinsent Masons has boosted its City sports practice with the hire of a senior partner from Clarke Willmott. Trevor Watkins is set to join the UK top 20 firm next month as head of its sports group. He joins from Clarke Willmott's Southampton office, bringing with him a team of one senior associate and two solicitors.

    1 minute read

  • September 28, 2011 |

    Norton Rose votes through overhaul of partner pay system

    Norton Rose equity partners will see their share of the firm's profits re-based as part of an overhaul of the lockstep and the introduction of a more merit-based remuneration structure. The shift, which was voted through by partners over the summer following a review by the partnership council, will see the firm extend its lockstep at the top and put greater weight on individual performance from the start of the new financial year in May 2012.

    1 minute read