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  • May 22, 2008 |

    OFT kicks off hunt for new GC as McHenry steps down

    The Office of Fair Trading (OFT) is looking for a new general counsel following the retirement of Brian McHenry.The organisation has appointed Ali Nikpay as acting general counsel while it conducts its search, with applications for the post expected to close at the beginning of June.

    1 minute read

  • May 22, 2008 |

    City leaders tough on promotions but expansive band powers forward

    Partner promotions across the top 10 City firms fell by 10% over the last financial year, according to Legal Week research which suggests law firms are already tightening their belts in preparation for a downturn.The group made up 207 partners in total compared with 231 in 2007, even though across the top 50 as a whole new partner promotions are marginally up on 2007.

    1 minute read

  • May 22, 2008 |

    Partnership round reveals gender equality gap

    Female associates continue to lag far behind their male counterparts when it comes to partnership prospects, with women representing less than a third of this year's new partner promotions. Only 27% of the total number of new partner promotions across the top 50 were female this year - amounting to 161 new female partners compared to 424 male partners. On average women made up only 29% of each firm's new partner promotions, with this figure falling further still at a number of firms.

    1 minute read

  • May 22, 2008 |

    Corporate dominates in 2008 promotions

    Corporate promotions dominated this year's partnership round, with the practice gaining just under a third of this year's new partners across the top 10 City firms. Almost 30% of all new partners across the top 10 City firms were in their corporate practices, with the figure dropping only slightly across the top 50 to around 25%. Of the magic circle firms, Freshfields Bruckhaus Deringer saw the largest share in corporate promotions, with 36% of its new partners entering the corporate practice.

    1 minute read

  • May 21, 2008 |

    Partnership 2008: supersize vs size zero

    When you produce a piece of research covering 47 law firms and comprising more than 600 numbers there are, unsurprisingly, quite a few ways to work the…

    1 minute read

  • May 20, 2008 |

    2008 Assistant Pay League: a Legal Week Wiki special

    Who pays what and how. Your A-Z guide to the pay scales at the top UK and US firms.

    1 minute read

  • May 19, 2008 |

    Hengeler elects new top management duo

    Slaughter and May ally Hengeler Mueller has elected a new senior management team, with Andreas Austmann and Klaus-Dieter Stephan taking the roles of co-managing partner at the elite German independent firm. The decision to elect the two was taken at a partner meeting on Saturday (17 May) and is effective immediately.

    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 15, 2008 |

    Linklaters and Freshfields take lead on £182m Centrica Accenture litigation

    Linklaters and Freshfields Bruckhaus Deringer have landed lead advisory roles on Centrica's £182m action against global consultancy group Accenture. The energy giant is suing Accenture in relation to a customer billing system designed for British Gas that Centrica argues led to a breakdown in customer services and the loss of thousands of customers.

    1 minute read