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  • May 23, 2007 |

    Top firms maintain lockstep but usher in more power to intervene

    Top commercial law firms are increasingly turning to performance-based pay packages as the UK's legal elite looks to reward its outstanding performers.

    1 minute read

  • May 23, 2007 |

    Slaughters and Freshfields take lead roles on 3i's QPE public fundraising

    Slaughter and May is advising buy-out giant 3i on an unusual fundraising.

    1 minute read

  • May 23, 2007 |

    Slaughters and Linklaters lead on $1.1bn Shire convertible bond deal

    Linklaters and Slaughter and May have acted on a $1.1bn (£555m) convertible bond issue by the UK's third-largest drugmaker, Shire.

    1 minute read

  • May 23, 2007 |

    BA calls in Slaughters and Uria for Iberia bid

    Slaughter and May has joined Spanish 'best friend' Uria Menendez to advise British Airways (BA) as it prepares to make an offer for Spanish national airline Iberia, it was announced today (23 May). BA, which currently holds a 10% stake in Iberia, has joined a consortium that includes US private equity fund TPG Capital and Spanish funds Vista Capital, Inversiones Ibersuizas and Quercus Equity. A formal approach is expected is the coming months.

    1 minute read

  • May 23, 2007 | International Edition

    SJ Berwin outpaces CC with 16% NQ pay-hike

    SJ Berwin has hiked its pay for newly-qualified lawyers to £64,000, matching the increases already announced by City rivals including Ashurst and Herbert Smith. The pay-rise represents a 16% increase on last year's rate of £55,000 and places SJ Berwin above magic circle firms Clifford Chance and Slaughter and May, which both pay new solicitors £63,500.

    1 minute read

  • May 23, 2007 |

    SJ Berwin outpaces CC with 16% NQ pay-hike

    SJ Berwin has hiked its pay for newly-qualified lawyers to £64,000, matching the increases already announced by City rivals including Ashurst and Herbert Smith. The pay-rise represents a 16% increase on last year's rate of £55,000 and places SJ Berwin above magic circle firms Clifford Chance and Slaughter and May, which both pay new solicitors £63,500.

    1 minute read

  • May 22, 2007 | International Edition

    Ashurst ups NQ salaries by 16% to £64k

    Ashurst has upped its associate salaries, with the City giant matching firms including Linklaters and Herbert Smith to pay its newly-qualified solicitors £64,000. The pay-rise, effective from the start of this month, represents a 16% increase on last year's rate of £55,000.

    1 minute read

  • May 22, 2007 |

    Ashurst ups NQ salaries by 16% to £64k

    Ashurst has upped its associate salaries, with the City giant matching firms including Linklaters and Herbert Smith to pay its newly-qualified solicitors £64,000. The pay-rise, effective from the start of this month, represents a 16% increase on last year's rate of £55,000.

    1 minute read

  • May 17, 2007 |

    McGrigors hire continues Cohen Milstein City push

    McGrigors dispute resolution partner Anthony Maton is to quit the Scots firm's City arm to help establish the new London office of US class action giant Cohen Milstein Hausfeld & Toll, Legal Week has learned. Maton, who specialises in contract, banking, fraud and energy litigation, is to quit after nearly seven years with the 77-partner big four Scots firm.

    1 minute read

  • May 17, 2007 | International Edition

    Herbert Smith conflict gifts Macfarlanes £8bn mandate

    A Herbert Smith conflict has handed Macfarlanes the lead role opposite Freshfields Bruckhaus Deringer on the £8bn takeover of UK construction group Hanson by Germany's HeidelbergCement. Macfarlanes corporate finance partner Tim Lewis and corporate partner Graham Gibb are advising Heidelberg on its £7.85bn offer for Hanson, in the biggest-ever takeover in the building materials industry.

    1 minute read