The Legal 500 Future Lawyers News
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Macfarlanes and CMS release autumn 2018 rates alongside a boost to NQ salaries
Macfarlanes and CMS have announced pay rises for their newly-qualified (NQ) solicitors as they reveal how many trainees will be staying on post qualification. Soon-to-be associates at Macfarlanes will now …
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International round-up: Fieldfisher opens third China office as Pinsents settles Madrid dispute
Ever-expansive Fieldfisher has bolstered its presence in Asia having opened a third office in China, while Pinsent Masons has settled a dispute with its former Spanish best friend firm over …
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Law Society predicts no-deal Brexit could halve UK legal sector turnover growth
The UK legal sector could lose nearly £3bn in turnover growth and have 10,000 fewer jobs by 2025 with a no-deal Brexit, according to forecasts published by the Law Society. …
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Dechert, Dentons and Addleshaw Goddard boost NQ pay
Dechert, Dentons and Addleshaw Goddard have joined the slew of firms raising the stakes for newly qualified (NQ solicitors). Dechert has increased its NQ salary from £95,000 to a handsome …
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Baker McKenzie reports a 100% trainee retention rate for autumn period
Baker McKenzie will retain all 14 of its trainees set to qualify this September; one trainee will commence work on a fixed-term basis. The firm often boasts strong retention scores …
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A&O Fuse start-up among first to take space at Barclays’ law tech lab
A start-up from Allen & Overy’s (A&O) Fuse innovation hub is one of the first 17 companies to join banking giant Barclays’ legal technology lab. Deal platform Legatics, which has …
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RPC and Stephenson Harwood announce trainee retention rates
City firms RPC and Stephenson Harwood have unveiled their autumn 2018 retention rates. RPC has retained 82% of the trainees who started with the firm in 2016, with 14 out …
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‘Not starting from scratch’: Fieldfisher opens high-volume hub in Belfast
Mid-tier pacesetter Fieldfisher has become the latest firm to explore volume legal services, opening a low-cost hub in Belfast to be staffed by 125 people. The new Northern Irish office …
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‘Strong pipeline’: pay bump for A&O trainees and associates amid 80% retention rate
Allen & Overy has become the latest Magic Circle firm to announce pay increases for its trainees and newly qualified associates (NQs), alongside a slightly reduced September 2018 retention rate. …
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Deal watch: Weil and Slaughters lead on Bain’s £1.2bn esure bid as CC and RPC land House of Fraser roles
Weil Gotshal & Manges and Slaughter and May have scooped key mandates on Bain Capital’s proposed £1.2bn takeover of UK insurer esure as RPC and Clifford Chance (CC) wade into …
