Hogan Lovells is the latest firm to join the pack in the NQ salary race, announcing an increase of almost 6 per cent for its most junior lawyers. The new NQ salary of £135,000 in London takes it above the pay packet offered by Slaughter and May, which recently announced it would not be increasing […]
With revenue of £1.9bn and profit per equity partner sat at £1.8m, it is easy to see why partnership at Linklaters is considered to be a golden ticket. So what is the likelihood of you making partner at Linklaters? On average, it makes 14 partners in the UK each year, with the past two years […]
“Being a partner used to mean spending a lot of time at the golf course, or at the gentlemen’s club. Now, it means a lot more billables than it used to,” muses a partner at a US firm. It’s true: being a partner requires more than it ever used to. Strong client relationships, high billables, […]
The exits we saw last year may have slowed a little since the most recent salary war cooled down, but the wider trend is one that dates back years: workers are less loyal than they used to be. Law firms are finding it increasingly difficult to retain their associates at a time when employers offer […]
Back in 2020, British satellite company OneWeb was having to pull itself out of bankruptcy. Despite big dreams and big ambition, it had failed to break into the market after its biggest investor SoftBank Group Corp pulled out of funding it. The company was saved via a $1bn equity investment lifeline, injected into it by […]
Three years ago, Bjarne Tellmann was hired by GSK to prepare the company for one of the UK’s largest corporate demergers in 20 years: the creation of Haleon. The Lawyer spoke to its legal team about life at the business since.
This March, Deutsche Bank celebrated its 150th anniversary of opening in the UK. Head to its office and you will find the artworks being removed ready to line the walls of its new Moorgate base, which staff have been relocating to in dribs and drabs. Deutsche Bank’s GC for UK and Ireland Simon Man has been […]
Expert networks are a lesser-known phenomenon, but in an age where data and knowledge is a necessity, the industry has grown into a multibillion-dollar sector. Big names and pioneers of the sector include GLG, AlphaSights and Third Bridge. Their purpose? To connect you with a panel of people who know anything and everything about a […]
Zodia Markets made history in 2022 as it became the first crypto trading business to be backed by an international bank and given crypto-asset registration from the UK’s Financial Conduct Authority. Backed by Standard Chartered, it was launched as a partnership between SC Ventures, the innovation arm of Standard Chartered and BC Technology Group back […]
PEP has long been a marker for firms of profitability, efficiency, even excellency. Firms brandish them as badges of honour and headlines report on them every year. PEP up! PEP down! Firm bucks trends as PEP rises amid economic downturn! The obsession is rife, and has long been thought to showcase how well a firm […]
Kevin Mercer is something of a legal nomad. Acting general counsel for Houseful (previously Zoopla), his CV is dotted with an array of impressive interim roles that he has taken on as part of his niche for transformation. Having worked for leading tech companies such as New York-based analytics company Verint and networking software leader […]
The long-awaited listing of Arm on the Nasdaq stock market finally took place yesterday – a key milestone in the UK-headquartered technology provider’s 33-year history. Achieving this mega-listing, especially at a time when technology IPOs have been few and far between, has been no mean feat. Nonetheless, it was a challenge that Arm executive vice […]