• May 9, 2007 |

    US giant Skadden gears up for European class action onslaught

    America's largest law firm, Skadden Arps Slate Meagher & Flom, has launched a class action defence practice in the UK in preparation for what it believes could be an onslaught of group actions across Europe.

    1 minute read

  • May 9, 2007 |

    City duo boost as M&A soars to record level

    Slaughter and May and Allen & Overy (A&O) are among a raft of firms to benefit this week from two major M&A mandates worth more than $10bn (£5bn), as research shows 2007 is on course to smash all deal records.

    1 minute read

  • May 8, 2007 | International Edition

    Slaughters hits headlines with media merger

    Slaughter and May is leading a raft of international firms advising Reuters Group on its merger talks with Canadian financial data company Thomson, valued at $17.6bn (£8.8bn). Rainmaker Nigel Boardman is leading the team advising Reuters, which this morning (8 May) confirmed it had received a takeover bid from Thomson. If successful, the deal would create the world's biggest news and financial data company.

    1 minute read

  • May 8, 2007 |

    Slaughters hits headlines with media merger

    Slaughter and May is leading a raft of international firms advising Reuters Group on its merger talks with Canadian financial data company Thomson, valued at $17.6bn (£8.8bn). Rainmaker Nigel Boardman is leading the team advising Reuters, which this morning (8 May) confirmed it had received a takeover bid from Thomson. If successful, the deal would create the world's biggest news and financial data company.

    1 minute read

  • May 8, 2007 | International Edition

    White & Case tops Shearman with double-digit pay-hikes

    White & Case has responded to the latest round of pay rises in the City with the US giant unveiling associate salary increases of between 12% and 18%. The increases mean that a newly qualified lawyer at the US firm's City base will now receive £76,000 before bonuses - an increase of 12.6% on last year's salary of £67,500.

    1 minute read

  • May 8, 2007 |

    White & Case tops Shearman with double-digit pay-hikes

    White & Case has responded to the latest round of pay rises in the City with the US giant unveiling associate salary increases of between 12% and 18%. The increases mean that a newly qualified lawyer at the US firm's City base will now receive £76,000 before bonuses - an increase of 12.6% on last year's salary of £67,500.

    1 minute read

  • May 3, 2007 | International Edition

    Associate salary hikes see City elite snapping at heels of US competitors

    A raft of firms confirmed their associate salary rises this week with the gap between City firms and some US rivals narrowing. Freshfields Bruckhaus Deringer and Herbert Smith both increased rates by more than 15% to match the rest of the magic circle, while Shearman & Sterling, a benchmark 'mid-Atlantic-rate' firm, increased by 4%.The moves mean that, excluding bonuses, there is now £10,000 separating newly-qualified salaries at Shearman and those at the UK's top firms.

    1 minute read

  • May 3, 2007 |

    Editor's Comment: Levelling out

    Convergence is this week's theme as the pay round winding through the City hits the mid-Atlantic firms that have in recent years been crucial players in London's legal talent market. As exclusively revealed on legalweek.com on Tuesday (1 May), Shearman & Sterling, arguably still the most influential of the mid-Atlantics, has unveiled 4% rises, taking starting salaries for UK-qualified lawyers to £75,000.

    1 minute read

  • May 3, 2007 |

    Associate salary hikes see City elite snapping at heels of US competitors

    A raft of firms confirmed their associate salary rises this week with the gap between City firms and some US rivals narrowing. Freshfields Bruckhaus Deringer and Herbert Smith both increased rates by more than 15% to match the rest of the magic circle, while Shearman & Sterling, a benchmark 'mid-Atlantic-rate' firm, increased by 4%.The moves mean that, excluding bonuses, there is now £10,000 separating newly-qualified salaries at Shearman and those at the UK's top firms.

    1 minute read

  • May 1, 2007 | International Edition

    Shearman City salaries up 4% as pay gap narrows

    Shearman & Sterling has announced an increase of 4% in its London associate salaries as the pay gap between City firms and their US rivals closes. The move, which takes effect from today (1 May), means a newly-qualified solicitor in the New York firm's City base will now get £75,000 a year, up from the £72,000 on offer previously.

    1 minute read