Pinsent Masons is trialling a new system where staff working consistently long hours are flagged to senior staff. Through burnout alerts, bosses will receive a notification through a new time-tracking system if their employees are perceived to be overworking. A spokesperson for the firm commented: “We are in the process of trialling new resource management […]
Clifford Chance has released a statement saying it is “in shock and deeply saddened” as one of its New York partners remains missing following the sinking of superyacht Bayesian yesterday. Christopher Morvillo, a white collar and investigations partner based in New York, joined Clifford Chance in 2011 from Morvillo Abramowitz Grand Iason Anello & Bohrer. […]
Charles Russell Speechlys (CRS) has unveiled its annual salary review for newly-qualified (NQ) solicitors, showing an increase of 3.5 per cent on average. CRS takes on trainee solicitors in its London, Cheltenham and Guildford offices. In London, NQ salaries have increased from £85,000 to £88,000. In Cheltenham and Guildford, NQs receive £62,000, up from £60,000. […]
An ex-partner at Clarke Willmott has been suspended and ordered to pay £11,000 following an SDT finding of inappropriate behaviour at a firm retreat. Matthew James Machen Barker was accused of misconduct towards a female colleague (Person A), following an investigation into his conduct at a partner’s away weekend at the Hallmark Hotel in Gloucester […]
Addleshaw Goddard boosted its top line by 12 per cent last year, while CMS saw a 5 per cent increase. Revenue at Addleshaws increased from £443m to £495.6m over the 2023/24, following a financial year full of global office launches and the appointment of the firm’s first non-UK managing partner. Total profit also rose by […]
Paul Weiss Rifkind Wharton & Garrison is continuing to expand in investment funds, with the addition of another partner from Kirkland & Ellis. David Pritchett joins from Kirkland after 10 years at the firm. Pritchett trained at Kirkland, qualifying into the private funds team in 2016 before being promoted to partner two years ago in […]
Charles Russell Speechlys (CRS) has unveiled ambitious growth targets for 2028, aiming to increase firmwide revenue by 60 per cent on the 2023/24 financial year. CRS wants to generate £350m firmwide revenue for 2028, a year that marks the end of Simon Ridpath’s second and final term as managing partner. Over 2023/24, the firm posted […]
Seven firms including Kirkland & Ellis and Freshfields Bruckhaus Deringer have landed leading roles on the £5.4bn takeover of investment platform Hargreaves Lansdown (HL). The consortium of bidders comprises CVC Capital Partners, Nordic Capital and Platinum Ivy, a wholly-owned subsidiary of the Abu Dhabi Investment Authority. Kirkland & Ellis led for the consortium, with corporate partners […]
Linklaters has banned one of its partners from drinking alcohol following accusations of inappropriate behaviour during a recent business trip. The currently unnamed partner has been issued with a final warning and has been banned from drinking alcohol at work events, after complaints that he had sexually harassed a female associate during a work retreat […]
Pinsent Masons is giving all employees Friday afternoons off this August as part of a new flexible working trial. Subject to client demand, employees in offices across the UK, Europe and Middle East can work a compressed week and leave by lunchtime on Fridays without a pay cut. The compressed hours trial is nearing the […]
Pinsent Masons has increased its topline by 7 per cent in another year of growth. Revenue hit £649.6m for 2023/24, up from £605.9m the previous year. 2023/24 concludes the first full year in post for Laura Cameron as managing partner, having taken over from John Cleland in May 2023. Speaking to The Lawyer, Cameron commented: “It’s […]
Bird & Bird is developing an internal programme for mid-level associates that aims to support them as they progress their careers to partnership. The programme will be modelled on the firm’s existing future leaders programme and intends to boost retention rates through the pipeline to partnership. Bird & Bird’s future leaders programme is a tailored […]