Clifford Chance has started an interesting robotics training programme, together with 'Josef', a legal automation platform, to train lawyers on how to work with a 'no code' platform to develop contracts. LawFuel wrote about Melbourne-based legal 'bot' Josef and receiving investment funding earlier this year. The firm's press release explaining the initiative is below - … [Read more...]
Big Pay Rises For New Solicitors at London Law Firms
A 2 per cent increase in pay rates for newly qualified (NQ) solicitors and trainees in London legal work may not sound much, but when it sets a starting base pay rate of £83,000 it sounds mighty attractive to young lawyers. The increase came from Linklaters which has 100 training contracts issued annually. Firm trainees also received pay increases with year one solicitors … [Read more...]
Clifford Chance Advise on Sale of Leipzig Shopping Centre
International law firm Clifford Chance has advised Investa Capital Management on the sale of the shopping centre Allee-Center in Leipzig to EQT Real Estate. The Allee-Center in Leipzig-Grünau offers a total space of 40,000 square metres and the largest tenants are Rewe, Saturn and Aldi. Clifford Chance had already advised Investa on the purchase of the property in 2016. … [Read more...]
Clifford Chance Announces Senior Appointments
Leading global law firm, Clifford Chance has announced two new senior level appointments designed to support the delivery of the firm's strategy. Caroline Firstbrook, who joins the firm in mid February, succeeds Amanda Burton as the firm's Chief Operating Officer. Meanwhile, Bas Boris Visser, Managing Partner of Clifford Chance's Amsterdam office, takes on the new role of … [Read more...]
Clifford Chance Advises Glencore on Caracal Energy Inc Acquisition
On 8 July 2014, Glencore acquired Caracal Energy Inc, a Canadian company listed on the London Stock Exchange for an all cash consideration of £5.50 per common share, valuing Caracal's shares at approximately US $1.35 billion. Clifford Chance also advised Glencore in relation to the impact of the acquisition on Caracal's US $173,600,000 Convertible Bonds due 2017. Clifford … [Read more...]