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  • March 24, 2010 |

    Training and education: The talent grab

    Despite a broad move towards widening participation, entry into the legal profession is a long way from being a level playing field. A demand for intelligent high-performers inherently pushes law firms towards recruiting from leading institutions, so despite their best efforts at broadening access it may be of limited surprise that half of the trainees recruited at City firms over the last two years went to one of the UK's top 10 universities.

    1 minute read

  • March 24, 2010 |

    Oxbridge graduates make up 38% of all magic circle trainees

    More than a third of magic circle trainees joining over the last two years have studied at either Oxford or Cambridge university, according to Legal Week research. Research into the educational background of trainees joining the UK's top 30 law firms found 38% of magic circle recruits had studied at Oxbridge, compared with 20% at City firms and 6% at regional or national counterparts.

    1 minute read

  • March 23, 2010 |

    Ashurst: Balancing acts

    Earlier this month Ashurst partners sat down to a presentation from management. The message was clear - the firm had come a long way over the last two decades, a brutally tough two years was now behind it and the partnership is the right size and shape for the future - one that will see the firm positioned among a band of leading international law firms. And, however you look at it, Ashurst has travelled a huge distance in the last 20 years. In 1990 turnover stood at just £29m, profits per equity partner (PEP) at £308,000 and the partnership itself at only 38, so its transformation - without the aid of a substantive merger - into a top 10 City practice is unquestionably impressive.

    1 minute read

  • March 23, 2010 |

    Addleshaws makes up five new partners across national offices

    Addleshaw Goddard has made up five lawyers to the firm's partnership in its annual promotions round, two fewer than in 2009. Four managing associates and a legal director have made the grade across the firm's three offices in London, Manchester and Leeds.

    1 minute read

  • March 22, 2010 |

    - Partnership Round 2010 -

    Welcome to Legal Week's 2010 partner promotions round-up. Here you'll find all the latest news stories about partner promotions gathered in one place, as well as links to relevant blog entries and any other bits and pieces we think might be of interest.

    1 minute read

  • March 19, 2010 |

    Maples promotes eight to firm's partnership

    Maples and Calder has announced its latest round of partner promotions, with eight new lawyers joining the firm's partnership. The offshore firm's promotions were effective as of December last year.

    1 minute read

  • March 18, 2010 |

    Slaughters makes up duo to partnership with one in the City

    Slaughter and May has become the first magic circle practice to announce its 2010 partner promotions, with the firm adding two lawyers to its partnership. London-based corporate partner Richard Smith and Hong Kong-based corporate finance partner Lisa Chung will join the partnership from 1 May 2010.

    1 minute read

  • March 17, 2010 |

    Eversheds mulls shares for fees as firms step up alternative billing

    Eversheds is considering taking shares in client companies in exchange for fees as growing numbers of law firms look at more innovative pricing options including fee rebates. The top 10 UK firm is in the early stages of considering shares for fees - a practice that has not been commonly seen in the UK since the dotcom boom.

    1 minute read

  • March 17, 2010 |

    Addleshaws heads up 2010 trainee retention rankings with 89% of March intake kept on

    Addleshaw Goddard retained the highest number of March 2010 qualifying trainees in the UK top 30, with the national law firm keeping 89% of its intake. The firm kept on eight of the nine trainees qualifying and 100% of those applying for jobs, putting its retention rate narrowly ahead of those recorded by Nabarro and Wragge & Co and significantly above the 75% average across the top 30 as a whole.

    1 minute read

  • March 10, 2010 |

    UK trio win roles as Premier Foods appoints debut panel

    Slaughter and May, Eversheds and Wragge & Co have been appointed to Premier Foods' first formal roster of external legal advisers. The trio are the only firms to have been appointed to the panel, with the news likely to be seen as a blow to longstanding adviser Weil Gotshal & Manges, which has been the most visible transactional adviser to Premier in recent years.

    1 minute read