The Legal 500 Future Lawyers News
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Akin Gump raises trainee salary
Akin Gump has announced that the firm’s London trainee salary will be increased to £48,000 in the first year of training and £52,000 in the second, effective September 2017. Akin …
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Shearman & Sterling and Burges Salmon post autumn retention rates
Shearman & Sterling has posted an 87% retention rate for trainees due to qualify this autumn, down from 100% retention last year. Shearman will retain 87% of its London trainees …
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Travers Smith, Macfarlanes and Jones Day boost junior lawyers pay while HSF and CMS freeze associate salaries
Travers Smith, Macfarlanes and Jones Day have all boosted their junior lawyers pay in this year’s review, in contrast to Herbert Smith Freehills and CMS Cameron McKenna Nabarro Olswang which have held …
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Skadden and A&O act on Vantiv’s £9bn buyout of UK payment processor Worldpay
An Allen & Overy (A&O) team is advising UK company Worldpay on its £9bn sale to US payment processor Vantiv, the largest US merchant acquirer by transaction volume, in its …
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Mayer Brown to retain 73% of its September NQs
Eight out of 11 Mayer Brown trainees will stay on at the firm as newly-qualified (NQ) associates come September 2017. The international firm received 10 applications and offered nine jobs. …
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EC fines Google €2.4bn for abuse of dominance in online shopping comparison
The European Commission (EC) has today (27 June) fined Google €2.4bn for abuse of dominance as a search engine, illegally promoting its own comparison shopping service above others in breach …
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High-stakes: White-collar crime teams ready as SFO hits Barclays with landmark prosecution
City white-collar crime specialists have been drafted in as the Serious Fraud Office (SFO) today (20 June) charged Barclays and four former executives with conspiracy to commit fraud, false representation …
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Cleary defends Google in face of potential €1bn EC antitrust shopping market abuse fine
The European Commission’s (EC) probe of Google’s online shopping practices is reported to be closing in coming months with a potential €1bn (£875m) fine, in a case in which Clifford …
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Sullivan & Cromwell and Wachtell lead on Amazon’s $13.7bn Whole Foods buyout
Sullivan & Cromwell and Wachtell Lipton Rosen & Katz lead a host of elite US law firms advising Amazon on its $13.7bn purchase of Whole Foods Market, as the online …
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Dentons’ Nextlaw Labs teams up with Legal Geek on European road trip to find legal tech startups
Nextlaw Labs, a legal tech venture development company launched by Dentons, has partnered with Legal Geek, a community for legal tech startups, to scout promising startups across Europe. The two …
