Pinsent Masons is the latest firm preparing to increase its newly-qualified (NQ) solicitor salary from September, with a 5 per cent rise in London. The move means that NQs in the London office will receive a salary of £97,000 upon qualification, up 5.4 per cent from the current £92,000 rate. Regional rates will also go […]
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Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings have all scored roles on the Co-operative Bank’s £780m sale to Coventry Building Society (CBS). CBS made its cash offer to the banking company after months of exclusive talks between the two parties. As a result, Co-op will be expected to see a mass rebrand of its […]
Skadden Arps Slate Meagher & Flom and McDermott Will & Emery are among firms housed in 22 Bishopsgate that have begun a competition to see who is the most environmentally sustainable tenant in the building. The initiative involves 22 Bishopsgate collecting data concerning heating and cooling, water filtration status, and light usage via the building’s […]
Freshfields has been appointed as the lead law firm acting on the administration of online car company Cazoo. Advising joint administrators Matthew Mawhinney and David Soden from Teneo Financial Advisory, the magic circle finds itself sorting out the collapse of one of its longstanding retail clients. It was announced this week that the retailer had […]
Three firms have won spots on High Speed Two railway’s (HS2) latest panel worth £4m. Burges Salmon, Gowling WLG and Sharpe Pritchard have all won spots on the panel, which is for the provision of procurement, commercial and general legal services. Burges Salmon is the only firm to be re-appointed from the previous panel, having […]
A capital markets team from Linklaters is taking the lead in the expected London Stock Exchange listing of British single-board computer developer Raspberry Pi. Under the leadership of equities global chair and capital markets partner Jason Manketo, the firm is working with both the Cambridge-headquartered chip maker and its non-profit subsidiary over the process of […]
Trainees at Freshfields Bruckhaus Deringer and Slaughter and May are among the least likely to use LinkedIn, according to data provided to The Lawyer. Research conducted by TBD Marketing has ranked leading law firms according to how often its trainees use their LinkedIn profiles to write posts ranging from quick career milestones updates to long […]
Staff at Baker McKenzie are being encouraged to sit next to co-workers outside their teams, in a bid to stop people from flocking to familiar faces on office days. Bakers’ seating scheme at its new London headquarters 280 Bishopsgate is intended to encourage workers to meet people with whom they would not normally interact. While […]
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]
CMS’s promotion numbers have ebbed slightly in its latest round seeing 10 elevated to the partnership in the UK and a total of 54 globally. In 2023, CMS promoted 65 lawyers to partner globally, with 16 of these in the UK, compared with 40 in mainland Europe. For this year the UK cohort is made […]