legal services
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Magic Circle law firms promote record numbers of female partners as diversity drives take hold
Magic Circle law firms have promoted record numbers of female partners this year, as the legal sector seeks to improve…
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Magic Circle’s record partner numbers show push to keep stars: ‘Good people could get poached away’
London’s Magic Circle law firms have promoted record numbers of partners in 2022, amid surging demand for legal services and…
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Clifford Chance boosts junior lawyers’ pay to £125,000
Magic Circle law firm Clifford Chance has raised its pay for freshly qualified lawyers to £125,000 per year. The firm…
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Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse
Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the…
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Trading Places: Magic Circle’s record promotions, banks poach for ESG and private markets
The City’s banks and professional services firms had another busy week on the hiring front, trying to cash in on…
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Linklaters rolls out global menopause policy for staff
Law firm Linklaters has set out a global menopause policy to provide support for employees going through it, raise awareness…
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KPMG UK to double size of legal arm amid investment spree
KPMG UK is set to double the size of its legal services arm over the next three years amid a…
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Banks’ post-Brexit ‘desk-mapping’ review will end up being a damp squib, City predicts, as finish line nears
A major review into how UK banks structure their operations in the EU after Brexit could end in an anticlimax,…
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Browder calls on UK to ban travel for US ‘enablers of Putin’
Hedge-fund founder Bill Browder says he plans to pressure British MPs and the UK government to take action against lawyers in the US…
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‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the…
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Russia Sanctions Complicate Paying Ransomware Hackers
The nearly nonstop series of new U.S. sanctions being levied in a bid to halt Russia’s war machine have complicated…
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Clifford Chance promotes 37 lawyers to partner worldwide
Clifford Chance has promoted 37 lawyers to its partnership, a jump of more than 25% on its 2021 round, and…
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Allen & Overy promotes 39 lawyers to partner globally
Allen & Overy has promoted 39 lawyers to its partnership, including 13 in London. Banking accounts for 13 of the…
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First bankers, now lawyers: cryptocurrency industry’s latest hiring frenzy
The cryptocurrency industry is ramping up efforts to recruit more legal talent as it faces increased regulatory pressure while looking…
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Crypto Industry Can’t Hire Enough Lawyers
The cryptocurrency industry is ramping up efforts to recruit more legal talent as it faces increased regulatory pressure while looking…
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Hot hiring market for London lawyers continues into 2022 despite M&A slump
The booming recruitment market for lawyers in London has stayed hot into 2022, despite a slowdown in deal flow and…
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Dechert hires director from Bank of America in hot legal hiring market
Dechert has hired Bank of America director and assistant general counsel Richard Pugh as a partner in its London office.…
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Swiss banker jailed in fraud case after putting strip clubs and dates on expenses
Switzerland’s former ‘banker of the year’ has been jailed after a fraud trial revealed he used company expenses for strip…
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Firms are rushing out of Russia. Employment lawyers say it isn’t quite that simple
Thousands of staff from UK-headquartered companies are heading for the exit in Russia. From law firms and consultancies to banks…
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Russian lawyers rush to set up new firms amid exodus and fears for future
Russia-based lawyers at UK and US law firms are rushing to secure their future as their employers withdraw from the…
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Trading Places: Linklaters and Freshfields promote partners, Citi eyes healthcare deals
Law firm promotion season was in full swing this week. Linklaters made up 41 lawyers to its partnership, including 17…
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Freshfields just promoted 27 to partner — here are the names
Freshfields Bruckhaus Deringer has promoted 27 lawyers to partner, including seven from its London office. The promotions round is more than…
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Ogier to launch in Ireland with Leman deal as Dublin heats up post-Brexit
Offshore law firm Ogier is set to enter an Irish legal market that has boomed since Brexit by taking over Dublin firm…
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Evergrande ropes in advisers to review $2bn cash seizure
A quartet of outside law firms and accountants will help probe how banks ended up taking control of more than $2bn at…
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The stock market is behaving a lot like it did during the Iraq war. Here’s the future if the pattern continues.
History doesn’t repeat, but it does rhyme. The Iraq war of 2003 doesn’t have many parallels to Russia’s invasion of…
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Watson Farley & Williams partner killed in Australia landslide
A partner at City law firm Watson Farley & Williams has died alongside his young son while hiking in Australia,…
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Linklaters promotes 41 to partner – here are the names
Linklaters has promoted 41 lawyers to its partnership, including 17 in its London office. The Magic Circle firm has increased…
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Here’s the first Wall Street recession call of the new inflation era
One of the big questions over the past week or so is whether to listen to the bond market’s apparent…
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Grant Thornton bills £19m for first year of Greensill administration
Grant Thornton generated £19m in fees during its first year as the administrator of collapsed supply chain financer Greensill Capital,…
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Major London law firms hiring ‘anyone with a pulse’ as soaring salaries aren’t enough to keep junior lawyers
City law firms are struggling to retain junior lawyers in the wake of Covid-19, despite soaring salaries netting newly qualified…
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Crypto firms lawyer up as regulatory clouds gather
Crypto firms are beefing up their in-house legal and compliance teams in the face of a crackdown from regulators across…
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‘Meaty’ bonuses are on the way for junior lawyers at US firms in London
Junior lawyers in the London offices of US firms are gearing up for an end of year bonus season that…
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HSBC hires Wiggins for key UK investment banking role
HSBC hired a senior investment banker in a push to win more lucrative M&A deals in the UK. Sarah Wiggins…
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Lawyers warn of legal risks as Goldman, JPMorgan relax Covid safety in offices
Lawyers warn that City firms that opt to scrap social distancing requirements in the workplace could face a surge in employment…
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Ex-Linklaters managing partner Gideon Moore on life after the Magic Circle
When Linklaters managing partner Gideon Moore recorded a video to the firm announcing his departure earlier this year, he ended by…
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‘You needed to be seen as a slave to the clock’ — deal boom breaks down law firm taboos
Demand from law firms for recruits amid an ongoing deal boom is increasing junior lawyers’ ability to question prospective firms…
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Linklaters appoints new finance and disputes heads following leadership shake-up
Linklaters has appointed new global finance and dispute resolution heads following the election of a new top management team. Andy…
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Binance faces legal claims as traders build $5m war chest for action
Binance is facing legal action from traders who say they were left out of pocket after the exchange crashed during the…
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PwC partner accused of leaking client information in £63m lawsuit exits firm
A senior PwC partner who has been accused in a £63m lawsuit of leaking sensitive client information has left the…
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Lanistar UK staff plea to be paid: ‘People are genuinely suffering’
Current and former UK staff of Instagram-hyped fintech Lanistar say they are owed thousands of pounds in late or missed…
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