The Legal 500 Future Lawyers News
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NQ salaries at Kirkland & Ellis swell to £143,000
Kirkland & Ellis has become the latest firm to dramatically increase pay for its newly-qualified (NQ) solicitors. Thanks to the pegging of Kirkland’s UK salaries to the dollar, the firm’s …
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News round-up, 20 June
Need help with commercial awareness? The Lex 100 rounds up some interesting news stories from around the web. 1. Virgin Money bought by CYBG for £1.7bn [via BBC News] 2. …
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Slaughters confirms highly-symbolic legal tech incubator launch as another start-up secures $13m investment
The burgeoning legal technology scene has seen Slaughter and May confirm it will launch a legal technology incubator in the next year, while highly-rated start-up Tessian raises £9m. In a …
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White & Case sets ambitious Chicago growth plans after opening office with corporate and white collar hires
White & Case is continuing its dynamic growth drive apace as the US vanguard opens an office in Chicago to be spearheaded by Jason Zakia, the head of its disputes …
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Deal watch: Magic Circle trio banks on Virgin Money sale as €7.1bn Adyen IPO and £1.8bn Equitable Life disposal keep raft of advisers busy
Magic Circle heavyweights Slaughter and May, Allen & Overy (A&O) and Clifford Chance (CC) have scored key roles on the £1.7bn sale of Virgin Money while the €7.1bn Adyen initial …
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Taylor Wessing’s UK PEP shoots up 20% as global revenue exceeds the £300m mark
In another early sign of a good 2017/18 for UK firms, Taylor Wessing has followed up on a disappointing performance last year with a solid 12% revenue growth to £144.6m …
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Thrusting DWF primed for largest law firm listing yet but eyebrows raised at touted price
Thrusting national operator DWF is gearing up to be the largest UK firm float yet with a London Stock Exchange listing later this year. The top 25 UK law firm …
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CMS cites ‘19%’ UK profitability hike as turnover tops £500m in first post-merger results
CMS Cameron McKenna Nabarro Olswang has released a selection of financial highlights for the year following its three-way merger but disappointingly kept some key metrics under wrap. The firm revealed …
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Norton Rose Fulbright raises LPC maintenance grant to £10k
Norton Rose Fulbright has upped its Legal Practice Course (LPC) maintenance grant by 43%. The firm will now provide trainees with a £10,000 allowance – a substantial increase from the …
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Employment partners rue ‘conservative’ Supreme Court judgment in highly-anticipated gig economy case
A Supreme Court decision which was expected to have significant ramifications for the ‘gig economy’ has disappointed employment partners who hoped the ruling would move questions around workers’ rights further …