Law News
Law news found and posted by the lawyrs community.
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May 04 2012
Jones Day has announced a pay rise for trainees in its London office, increasing the starting salary from £39,000 to £41,000, with pay to be reviewed every year in...
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Apr 09 2012
RollOnFriday has taken a look at the partnership promotion statistics for UK firms to try to get a picture of which firms offer the best chance of partnership.
The...
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Apr 04 2012
Slaughter and May and Allen & Overy have announced their annual partner promotions, with 23 made up at A&O and two made up at Slaughters.
Slaughters elevated...
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Mar 23 2012
The annual survey of leading brands by Superbrands has been released, with Linklaters leading the board among law firms at 175th place, dethroning Clifford Chance...
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Mar 09 2012
Slaughter and May has announced the launch of a new diversity initiative which focuses on a local state school in an attempt to motivate and encourage bright students...
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Feb 28 2012
RollonFriday continues to report on trainee retention figures in UK law firms, and the overall picture is starting to look a bit more positive than it did at the start...
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Oct 17 2011
Interesting article here about the effect of international expansion on law firm balance sheets. The article points out that of the five elite London firms belonging...
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Sep 14 2011
Twenty-three UK and Irish law firms have signed up to a new diversity initiative aimed at improving social diversity within the legal profession. The programme will...
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Aug 15 2011
The top end of the pay scale in the legal profession is making a recovery, according to a survey conducted by The Lawyer to assess how many equity partners are seeing...
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May 24 2011
Freshfields Bruckhaus Deringer has announced pay rises for all associates, taking the firm to the very top of the Magic Circle in terms of compensation.
Associates...
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May 05 2011
Slaughter and May is the first magic circle firm to announce its 2011 salaries. The firm is giving a modest increase to junior associates of between 1.5 per cent and 3...
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Apr 26 2011
RollOnFriday has conducted a survey on the top 20 London firms, asking, how many women entered the partnership in the last three years – taking into account both...
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Apr 26 2011
RollOnFriday has conducted a survey on the top 20 London firms, asking, how many women entered the partnership in the last three years – taking into account both...
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Apr 25 2011
Over half of the top 30 UK firms have announced their partner promotions for the year, and all but one firm have increased the number of promotions over last year’s...
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Mar 31 2011
Slaughter and May has elected new heads for its financing and tax practices. Paul Stacey takes over the role as head of the financing practice, replacing outgoing head...
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Mar 17 2011
A number of leading UK law firms have announced the intention to increase the number of universities they visit during recruitment rounds, in a bid to increase...
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Mar 06 2011
Clifford Chance has been declared the law firm with the biggest superbrand, according to The Centre for Brand Analysis. The firm came in at 184th in a list of 500...
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Feb 21 2011
Slaughter and May is among the most profitable law firms in London, paying its 126 partners an average of £1.84m for their efforts despite posting sales at £439.5m,...
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Jan 24 2011
When firms miscalculate their staffing needs or wish to cut costs, it is often the newly qualified lawyers – those at the end of their trainee program – that suffer...
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Dec 22 2010
Large law firms ever keen to establish that they are hiring an ethnically diverse range of lawyers, and Freshfields Bruckhaus Deringer is no exception: the firm has...
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Nov 22 2010
The Evening Standard has launched a new initiative called the London Living Wage Scheme, which encourages firms and companies to guarantee staff a minimum rate of pay...
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Nov 04 2010
Slaughter and May has announced an imminent increase in its firmwide bonus, as well as a marginal increase in the baseline salary for associates.
All fee earners,...
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Aug 05 2010
Linklaters and Slaughter and May have taken leading roles on the deal $2.6 billion acquisition of 318 branches of the Royal Bank of Scotland by Spanish bank Banco...
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Jun 25 2010
Trainee retention figures are trickling into the public domain, and Roll on Friday is keeping score. Top honours going to Baker & McKenzie, which kept on 20 out of 21...
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Jun 07 2010
Herbert Smith has made a review of salaries, and has announced significant changes to the remuneration of its fee earners from June next year.
There are firm-wide...
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May 25 2010
Hogan Lovells has increased salaries by a couple of per cent, according to information published at RollOnFriday. Newly qualified lawyers will be paid £60,000, a...
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May 18 2010
Some interesting figures arise from The Lawyer’s Transatlantic Elite report, such as the fact that Freshfields Bruckhaus Deringer has posted the industry’s highest...
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May 11 2010
Walkers has announced the appointment of a new head of operations in Asia, awarding the role to Guy Locke, the current head of the firm’s insolvency and corporate...
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Apr 09 2010
Norton Rose and Slaughter and May have landed key roles in the £4.4bn merger between British Airways and Iberia.
Iberia chose Norton Rose for advice on the UK...
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Mar 18 2010
Slaughter and May has announced the addition of two lawyers to its partnership: London-based corporate partner Richard Smith and Hong Kong-based corporate finance...
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Mar 01 2010
Slaughter and May and Debevoise & Plimpton have scored advisory roles on Prudential's high-profile plans to purchase the Asian assets of American International Group...
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Feb 19 2010
Accoding to RollOnFriday, there are clear signs of renewed confidence amongst leading UK law firms this week, as further details were released of trainee retention...
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Jan 06 2010
Milbank Tweed Hadley & McCloy has boosted its Munich office with the hire of a partner from Slaughter and May's German ally Hengeler Mueller. Corporate partner...
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Nov 04 2009
Slaughter and May, Linklaters and Freshfields Bruckhaus Deringer have landed advisory roles on Royal Bank of Scotland and Lloyds Banking Group's plan to sell off...
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Oct 31 2009
Lovells and Herbert Smith have won sought-after roles to advise HM Treasury on the stability of the financial markets.
The Treasury's new three-firm panel, which...
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Oct 30 2009
Slaughter and May has halved its flat rate bonus for all fee earners and confirmed that its salary freeze will continue for the remainder of the financial year.
The...
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Oct 28 2009
Freshfield Bruckhaus Deringer and Slaughter and May have snared lead roles on Barclays’ £226m acquisition of Standard Life Bank.
Freshfield’s corporate partner...
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Oct 23 2009
Slaughter and May is still considering whether or not to pay out its annual firmwide bonus, due at the end of the year.
The magic circle firm is in discussions...
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Oct 22 2009
Allen & Overy (A&O), Freshfields Bruckhaus Deringer and Slaughter and May have advised on the sale of Gatwick Airport, Britain’s second-busiest airport.
Freshfields...
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Oct 06 2009
Slaughter and May is eyeing a radical move into legal process outsourcing (LPO), as top UK law firms face mounting pressure from clients to save costs.
The arrival...
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Oct 02 2009
Slaughter and May is preparing to close its Paris office in April next year.
Andrew McClean, the only partner remaining in Paris after Slaughter and May's joined...
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Sep 28 2009
Slaughter and May and Freshfields Bruckhaus Deringer have won key roles on Unilever's $1.9 billion offer for Sara Lee's global personal care and European detergent...
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Sep 18 2009
Slaughter and May, Linklaters, Skadden Arps Slate Meagher & Flom, Sullivan & Cromwell and Cadwalader Wickersham & Taft are all advising on a deal, in which Britain’s...
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Sep 08 2009
US food giant Kraft Foods said yesterday that it will pursue a takeover of Cadbury PLC even after the British maker of Trident gum and Dairy Milk chocolate rejected...
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Sep 04 2009
Magic circle law firms -- Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters, Slaughter and May -- saw promotions fall by an average of 41...
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Aug 21 2009
Clifford Chance, Skadden Arps Slate Meagher & Flom, Cleary Gottlieb Steen & Hamilton, Slaughter and May, Allens Arthur Robinson, and Matheson Ormsby Prentice are among...
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Aug 12 2009
Herbert Smith, Linklaters, Slaughter and May have won key advisory roles as buyout firm Resolution completes its £1.86 billion ($3.1 billion) takeover of British...
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Jul 14 2009
Slaughter and May is set to advise long-standing client British Airways (BA) on an anticipated £500m rights issue, reports The Lawyer.
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Apr 02 2009
UK firm Slaughter and May has decided to keep salaries at current levels. It hopes that by doing so, it will avoid legal or support staff layoffs.
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Mar 31 2009
A number of the UK's best-known firms are involved in the deal to prevent the collapse of Scottish lender Dunfermline Building Society. The deal has taken place based...
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Mar 27 2009
When Slaughter and May recently announced its partnership decisions, the list was a little short. Only two partners were named this year, 50% of the 2008 figure.
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Mar 23 2009
Slaughter and May has billed the UK Government more than GBP 9 million for its advice on the nationalisation of failed lender Northern Rock. A report by the National...
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Mar 20 2009
Slaughter and May will be making fewer offers of training places to non-law graduates for upcoming periods. The number of training places it offers will, however,...
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Feb 24 2009
Proskauer Rose, and Slaughter and May are among the firms that are opening new offices in China, adding to the almost 30 foreign firms in China since September 2006, a...
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Jan 19 2009
Freshfields Bruckhaus Deringer, Slaughter and May and Linklaters have secured advisory roles as the UK Government unveils a second package of measures to bail out the...
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Jan 19 2009
Despite the current drop in deal activity, Slaughter and May, is playing a role in several big transactions.
In 2008 the UK firm advised BHP Billiton on its...
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Jan 06 2009
Linklaters and Slaughter and May have landed key advisory roles after UK china and crystal company Waterford Wedgwood entered into administration yesterday....
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Jan 03 2009
After enjoying several record-breaking years, City law firms like Clifford Chance, Freshfields Bruckhaus Deringer, Lovells, DLA Piper face a fall in revenue and...
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Dec 01 2008
Linklaters and Nabarro are advising the financial services company London Scottish Bank, which went into administration today. London Scottish Bank specializes in...
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Nov 25 2008
Slaughter and May and Linklaters have taken the lead roles on Standard Chartered’s £1.78bn rights issue.
The bank’s largest shareholder, Singaporean sovereign...
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Nov 18 2008
Slaughter and May has teamed up with best friends Davis Polk & Wardwell and Spain's Uria Menendez to work on Banco Santander's €7.2bn rights issue.
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Nov 04 2008
Fee earners at Slaughter and May are set to see their pay packets boosted, with the firm announcing that its lawyers are in line for a bonus of 10% of salary...
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Oct 14 2008
Allen & Overy, Slaughter and May and Freshfields Bruckhaus Deringer are among the top City firms winning roles on the UK Government’s £37bn bailout of three of the...
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Oct 09 2008
Three City law firms - Freshfields Bruckhaus Deringer, Linklaters, and Slaughter and May - were among the ten most profitable in the world last year but they continued...
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Oct 08 2008
Denton Wilde Sapte, Freshfields Bruckhaus Deringer and Slaughter and May have snared key roles as the UK arms of two Icelandic banks at the heart of the country’s...
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