• July 16, 2007 |

    Halliwells hikes City NQ pay to £62k

    Halliwells has become the latest national practice to unveil substantial salary hikes for its newly-qualified lawyers (NQs), Legal Week can reveal today (16 July). NQs at the top 40 UK law firm's City arm will now take home £62,000 - representing a 22% increase on the £51,000 paid out to London NQs last term.

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  • July 16, 2007 |

    Pinsents picks up new procurement chief

    Pinsents Masons has poached Bevan Brittan corporate and commercial partner Ruth Smith as its new head of procurement. Smith, who will be based in Pinsents' Birmingham office when she joins the national law firm later this year, is to head up a team of 11 dedicated lawyers - the largest procurement group at a major UK law firm.

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  • July 11, 2007 |

    Salary boost for regional NQs at Hammonds

    Hammonds has underlined its commitment to its regional network after unveiling an 18% pay hike for its newly-qualified (NQ) lawyers outside the City.

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  • July 9, 2007 |

    Hammonds matches £40k NQ pay in regions

    Hammonds has underlined its commitment to its regional network after unveiling an 18% pay hike for its newly-qualified (NQ) lawyers outside the City. NQs at Hammonds' regional offices in Birmingham, Leeds and Manchester will now take home £40,000, up from £34,000 during the equivalent period last year, the national firm announced today (9 July).

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  • July 6, 2007 |

    Barclays review keeps faith with familiar faces

    Barclays has unveiled its eagerly awaited new panel, with all the bank's main panel firms reappointed to its coveted main roster. Mandates for the bank's general advisory panel, which are set to run for two years, have been handed out once again to historical advisers to Allen & Overy (A&O), Clifford Chance (CC), Freshfields Bruckhaus Deringer, Linklaters, Lovells, DLA Piper and Simmons & Simmons.

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  • July 4, 2007 |

    Deal Week Dispatch: 4/7/2007

    Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled Deal Week section, with Linklaters, Macfarlanes and Pinsent Masons among the deal-doers.

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  • July 4, 2007 |

    Wragges responds to rivals with NQ pay-rises

    Wragge & Co has responded to the ongoing pay war among the UK's national law firms by unveiling a hefty pay-hike for its newly-qualified lawyers (NQs). NQs based at Wragges' City arm will now take home £62,000, up from £51,000 last year. The change represents an increase of 21.5% on the previous year's package. Wragges will pay NQs outside London a starting salary of £40,000.

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  • July 3, 2007 |

    Hammonds hits back with 23% PEP surge

    Hammonds has unveiled its best financial performance in years with a 23% surge in average profits per equity partner (PEP) to break £400,000. PEP rose to £404,000 from last year's figure of £328,000, while fee income saw more modest growth of just 2.5% to £127.6m. Total profits were up 11% to £29.3m.

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  • July 2, 2007 |

    Pinsents joins pay war with £63k City NQ rate

    Pinsent Masons has responded to the ongoing pay war among the UK's national firms by unveiling a 19% pay hike for its newly-qualified (NQ) solicitors in the City. Legal Week can reveal today (2 July) that NQ lawyers in the capital will take home £63,000, up from £53,000 during the equivalent period last year.

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  • June 26, 2007 |

    Dickson Minto joins CC on £6bn Saga-AA merger

    Clifford Chance (CC) and Dickson Minto have bagged lead roles advising on the £6.15bn merger between the Automobile Association (AA) and Saga. CC is advising private equity houses CVC Capital Partners and Permira, which own the motoring giant, while Dickson Minto is advising Saga parent company and regular client Charterhouse.

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