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  • February 20, 2014 |

    Clydes and 2Birds bolster links between pay and performance

    Clyde & Co and Bird & Bird have become the latest firms in the UK top 20 to rejig their associate career paths in a bid to tighten links between pay and individual performance. The moves come as research by Legal Week shows that Clifford Chance (CC) is the only firm in the group that does not base lawyers' salaries on merit. The changes see Clydes move further away from post-qualification experience (PQE) as a measure for pay, with the firm putting in place a clear career development framework for associates. It focuses on performance and clarifying targets for progression.

    1 minute read

  • February 19, 2014 |

    Jones Day to open second Australian base in Perth with Allens hire

    Jones Day is to open its second base in Australia with an office in Perth this April. The US firm has hired Allens partner construction partner Stephen McComish to head up in the city, and said it plans to focus on projects and project-related disputes and the energy sector. It currently has one Australian office in Sydney which opened in 1998 and now counts 40 lawyers, of which 13 are partners.

    1 minute read

  • February 19, 2014 |

    Freshfields posts 80% spring retention rate

    Freshfields Bruckhaus Deringer has become the third magic circle firm to confirm its trainee retention rate for its spring intake, posting a figure of 80%

    1 minute read

  • February 18, 2014 |

    Ofcom and BT in-house teams win court battle against HSF client Sky

    Ofcom and BT's in-house legal teams have won a Court of Appeal battle against Herbert Smith Freehills (HSF) client Sky, after it was found that a 2012 decision to block the regulator from forcing a discount of Sky's sports channels was "inadequate"

    1 minute read

  • February 17, 2014 |

    Links, 2Birds and DLA strike it lucky as William Hill expands legal panel

    Linklaters, Bird & Bird and DLA Piper have all won spots on William Hill's expanded legal panel, Legal Week can reveal. The trio join Ashurst, Pinsent Masons and Addleshaw Goddard, all of which have been re-appointed to the FTSE 100 company's roster of preferred legal counsel.

    1 minute read

  • February 17, 2014 |

    Transfer Window Asia: recent moves including Latham, Weil and Two Birds

    Shearman & Sterling has expanded is project development and finance practice with addition of Allens partner Anthony Patten in Singapore. Patten previously led Allens' oil and gas team in Asia and Australia, before which he was a partner in Ashurst's London energy, transport and infrastructure group. He also spent six years working in London and the UAE as a senior in-house counsel at Royal Dutch Shell.

    1 minute read

  • February 7, 2014 |

    Ashurst's top earner pocketed £977k in last full year pre-merger

    Ashurst's highest paid earner took home £977,000 in 2012-3, down from over £1m in 2012, according to the firm's LLP accounts. The filings – which look at the financial year before the firm's merger with Australia's Blake Dawson - show that net funds dropped from £20.9m in 2012 to £6.9m at the end of 2013. Cash at the bank fell from £21.2m in 2012 to £7.2m.

    1 minute read

  • February 6, 2014 |

    Mayer Brown City revenue dropped 9.5% in 2012-13, filings show

    Mayer Brown London fee income fell by 9.5% in the year to 30 April 2013, according to accounts filed with Companies House. The revenue fall came during a year which saw a number of partner departures, though senior lawyer headcount has since rebounded following a string of laterals recruits last autumn.

    1 minute read

  • February 6, 2014 |

    Ashurst leads for Crossrail on £1bn Bombardier contract

    Ashurst has advised Crossrail on its £1bn contract to Bombardier which will see the Canadian manufacturer provide 65 trains for the Crossrail service, which is set to open in 2018. Ashurst's global head of energy transport and infrastructure Mark Elsey and energy partner Terry van Poortvliet led the team on the deal.

    1 minute read

  • February 4, 2014 |

    HSF South East Asia disputes head leaves for Hogan Lovells

    The head of litigation for Herbert Smith Freehills in South East Asia is to leave the firm to lead the regional disputes practice for Hogan Lovells. Maurice Burke, who is based in Singapore with HSF, will begin his new role in May this year and will also be based with Hogan Lovells in the island city-state.

    1 minute read