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  • August 4, 2008 |

    Pinsents pips Norton Rose to top spot in AIM client rankings

    Pinsent Masons has knocked Norton Rose off the top spot as adviser to the largest number of clients on London's Alternative Investment Market (AIM) after a strong Q2 performance. Pinsents leads the rankings, advising 59 AIM-listed clients during the last quarter, according to data complied by Hemscott. The national firm has gained three new AIM client this quarter, climbing two places from third spot in Q1.

    1 minute read

  • July 31, 2008 | International Edition

    Olswang introduces director position as partner alternative

    Olswang has become the latest law firm to introduce an alternative to partnership, ushering in a new legal director position.The role, which will be taken up for the first time in September, is designed to be an alternative to the traditional partner route rather than a stepping stone. However, it will still be possible for legal directors to receive a further promotion into the partnership.

    1 minute read

  • June 19, 2008 | International Edition

    Herbies reverses trainee pay freeze to match peers

    Herbert Smith has backtracked on its decision to freeze trainee salaries at last year's levels, with the top 10 City firm moving to increase its rates from September this year. The firm announced today (19 June) that from 1 September first-year trainees will receive a 4% pay rise, taking their salaries from £36,000 to £37,500.

    1 minute read

  • June 19, 2008 | International Edition

    Barclays protects partners against weak pound

    Barclays is launching a new service to let law firm partners individually protect their earnings against exchange rate fluctuations. The service, which is to be rolled out in a matter of weeks, will allow partners to hedge their earnings against currency fluctuations individually rather than through their firms, as is currently available.

    1 minute read

  • June 11, 2008 | International Edition

    U-turn as Olswang unveils surprise NQ pay hike

    Olswang has performed a U-turn after announcing a £1,500 hike in its salary rate for newly-qualified lawyers (NQs) , taking basic pay to £63,500. The new rate represents an increase of 2.4% on last year's figure of £62,000 and comes despite the firm announcing just last month that it would be freezing NQ rates at last year's level.

    1 minute read

  • June 11, 2008 | International Edition

    Additions take CEDR Solve direct panel to 50

    The Centre for Effective Dispute Resolution (CEDR) has reached a landmark of 50 members on its panel following the addition of 16 new mediators. Eversheds partner Michael Ord, Joseph Tirado of Norton Rose and Steven Williams of Nabarro are among the latest names to join CEDR's Solve direct panel.

    1 minute read

  • June 5, 2008 | International Edition

    Euro delivers seven-figure boost to firm profits but drawings squeezed

    Leading City firms have seen multimillion-pound revenue boosts in their latest financial year thanks to the soaring rise in value of the euro against the pound. Some of the City's biggest players, including Freshfields Bruckhaus Deringer, confirmed that the rising value of the euro had gifted them seven-figure uplifts from their Continental offices.

    1 minute read

  • June 5, 2008 |

    Euro delivers seven-figure boost to firm profits but drawings squeezed

    Leading City firms have seen multimillion-pound revenue boosts in their latest financial year thanks to the soaring rise in value of the euro against the pound. Some of the City's biggest players, including Freshfields Bruckhaus Deringer, confirmed that the rising value of the euro had gifted them seven-figure uplifts from their Continental offices.

    1 minute read

  • May 29, 2008 | International Edition

    Bird & Bird flies high with 24% revenue rise

    Bird & Bird has reported a revenue hike of almost 25% for the last financial year, with the firm today announcing that fee income hit £143m for the year ending 30 April, 2008. The top 25 firm has posted a 24% hike in turnover, equating to a £27.4m increase on last year's figure of £115.6m.

    1 minute read

  • May 22, 2008 |

    Countdown to this year's Global 100: the UK members

    Later this year Legal Week and The American Lawyer will be joining forces to produce the Global 100 the definitive ranking and analysis of the world’s…

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