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  • 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…

    1 minute read

  • May 15, 2008 | International Edition

    Performance scrutinised as attrition rates fall

    City firms are set to take a tougher line on associate performance as they try to counteract falling staff turnover brought about by the uncertain economic climate. Partners are predicting falls in staff churn over the coming year with many typical destinations for associates - such as investment banks - freezing recruitment and associates more wary about moving.

    1 minute read

  • May 15, 2008 |

    Performance scrutinised as attrition rates fall

    City firms are set to take a tougher line on associate performance as they try to counteract falling staff turnover brought about by the uncertain economic climate. Partners are predicting falls in staff churn over the coming year with many typical destinations for associates - such as investment banks - freezing recruitment and associates more wary about moving.

    1 minute read

  • May 2, 2008 | International Edition

    Freshfields finalises Euro LLP conversion

    Freshfields Bruckhaus Deringer has converted to limited liability partnership (LLP) status, with effect from yesterday (1 May). The move means Slaughter and May is now the only magic circle firm choosing not to operate as an LLP.

    1 minute read

  • April 10, 2008 | International Edition

    Simmons and Reed Smith swoop in to land roles on Airbus finance panel

    Simmons & Simmons and Reed Smith have joined a raft of firms appointed to the new Airbus financing panel. Simmons, Reed Smith, Norton Rose, White & Case and Allen & Overy (A&O) have all been given places on the panel, which provides legal advice on issues relating to the financing of new Airbus aircraft.

    1 minute read