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  • 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

  • May 1, 2007 |

    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

  • April 26, 2007 |

    Blag your way through interview: Commercially conscious

    'Commercial awareness' is something that all of the top firms cite as key recruitment criteria - so if you are beginning to worry that you are not fully au fait with current goings-on in the legal market, Legal Week Student presents a crash course in this year's burning issues

    1 minute read

  • April 25, 2007 |

    Simmons bags second lucrative deal for Telefonica in £2bn Airwave 02

    Simmons & Simmons has secured its second major instruction for Telefonica, advising the Spanish telecoms giant on its £2bn sale of emergency services network Airwave to Guardian Digital Communications.

    1 minute read

  • April 25, 2007 |

    Shepherds beefs up City with partner duo

    Shepherd & Wedderburn has snared a brace of new partners in London from US firms as the 'big four' Scots firm continues to ramp up its profile in the City.

    1 minute read

  • April 20, 2007 | International Edition

    Shearman loses City projects partner to US rival

    Shearman & Sterling City-based projects partner Nigel Thompson has quit the US firm to join Baker Botts in Dubai. Thompson, who joined Shearman in 1996, advises sponsors and lenders on infrastructure projects, with a particular emphasis on energy and oil and gas projects. His departure will leave Shearman with three full-time projects partners in London - including City managing partner Kenneth MacRitchie - and around 19 associates.

    1 minute read

  • April 20, 2007 |

    Shearman loses City projects partner to US rival

    Shearman & Sterling City-based projects partner Nigel Thompson has quit the US firm to join Baker Botts in Dubai. Thompson, who joined Shearman in 1996, advises sponsors and lenders on infrastructure projects, with a particular emphasis on energy and oil and gas projects. His departure will leave Shearman with three full-time projects partners in London - including City managing partner Kenneth MacRitchie - and around 19 associates.

    1 minute read