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  • November 6, 2007 |

    ...Legal Week Lunchbox: 6/11/07...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and all the usual fun

    1 minute read

  • November 5, 2007 |

    Norton Rose wins BA role opposite Slaughters

    Norton Rose has advised opposite Slaughter and May on British Airways' (BA) new $1.7bn (£820m) debt facility agreement. Norton Rose fielded a team from its London office to act for a multinational line-up of lending banks on the multiple option facility, which was signed at the end of last month (26 October).

    1 minute read

  • November 2, 2007 |

    Slaughters pay-hikes match top City rates

    Slaughter and May has raised unveiled its new pay bands for associates, bringing the elite City firm into line with magic circle rivals Allen & Overy (A&O) and Freshfields Bruckhaus Deringer. Newly-qualified (NQ) lawyers at the firm will now earn £65,000, an increase of £1,500 on the previous rate, climbing to £67,000 six months after qualification. Lawyers with one year post-qualification experience (PQE) will take home £71,500, progressing to £76,000 at 18 months' PQE and £84,000 after two years with the firm.

    1 minute read

  • November 1, 2007 | International Edition

    Online special: Top City firms convert to brand values but wary of outside ratings

    Law firms are putting increasing value on the external perception of their brands, according to the results of the latest Legal Week Big Question survey, despite lingering scepticism from partners regarding 'voodoo valuations'. The survey, conducted in association with EJ Legal, follows the recent news that some of the world's top law firms are set to see themselves ranked by brand value in a new venture by the Managing Partners' Forum (MPF) and consultant Brand Finance.

    1 minute read

  • November 1, 2007 |

    UK elite to post budget-busting H1 results

    The UK's leading firms have enjoyed a strong first half of the year, despite turmoil in the credit markets, with the majority of the top 10 City firms ahead of budget for the last six months. Early indications show firms including Clifford Chance (CC) and Allen & Overy (A&O) are expecting to be well ahead of budget going into the third quarter. CC is currently reforecasting the second half of the year after revealing that it is significantly up on the same period last year.

    1 minute read

  • November 1, 2007 | International Edition

    UK elite to post budget-busting H1 results

    The UK's leading firms have enjoyed a strong first half of the year, despite turmoil in the credit markets, with the majority of the top 10 City firms ahead of budget for the last six months. Early indications show firms including Clifford Chance (CC) and Allen & Overy (A&O) are expecting to be well ahead of budget going into the third quarter. CC is currently reforecasting the second half of the year after revealing that it is significantly up on the same period last year.

    1 minute read

  • November 1, 2007 |

    Cadbury Schweppes demerger relocates lawyers in team split

    Confectionary giant Cadbury Schweppes has finalised the make-up of its legal team after confirming that it will be splitting with its drinks arm. Cadbury legal chief Hank Udow said that in the wake of the demerger, which was confirmed on 10 October, the company's 70-lawyer legal team will be split in two. Around 50 lawyers will stay at Cadbury and around 20 will join the drinks business, Americas Beverages.

    1 minute read

  • November 1, 2007 |

    Ashurst joins the London LLP gang

    Ashurst has become the latest firm to convert to a limited liability partnership (LLP). The top 10 City firm will officially become an LLP on 1 November after months of internal debate. Its offices in Italy, Japan and Sweden will not join the LLP but will remain separate legal entities affiliated with the partnership. Ashurst's conversion leaves Freshfields Bruckhaus Deringer, Slaughter and May and Simmons & Simmons as the only top 10 City firms still to convert.

    1 minute read

  • November 1, 2007 |

    Online special: Top City firms convert to brand values but wary of outside ratings

    Law firms are putting increasing value on the external perception of their brands, according to the results of the latest Legal Week Big Question survey, despite lingering scepticism from partners regarding 'voodoo valuations'. The survey, conducted in association with EJ Legal, follows the recent news that some of the world's top law firms are set to see themselves ranked by brand value in a new venture by the Managing Partners' Forum (MPF) and consultant Brand Finance.

    1 minute read

  • October 31, 2007 |

    Herbies bags role next to Slaughters on upcoming listing of Turkish broadcaster

    Herbert Smith has landed a role alongside Slaughter and May on the upcoming London float of Turkish broadcaster Digiturk. The deal sees Herbert Smith instructed for co-ordinators and bookrunners Lehman Brothers, JP Morgan and Credit Suisse as Turkey's largest digital television company moves to complete a London listing in November. The move is expected to offer a 25% stake in the business with a value of around $550m (£270m).

    1 minute read