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...]
Magic Pay For Magic Circle Partners
The reporting season for London's Magic Circle firms has started with some mouth-watering figures emerging, lead by Freshfields' partner pay packets. So what are the numbers? Leading the field with profit per equity partner (PEP) are Freshfields - £1.73 million Allen & Overy - £1.64 million Clifford Chance - £1.6 million. All firms displayed revenue increases, … [Read more...]
Freshfields Advises HKBN Ltd and CVC Capital on US$750m IPO
LawFuel.com -International law firm Freshfields Bruckhaus Deringer has advised HKBN Ltd. (HKBN) and CVC Capital Partners (CVC) on HKBN’s US$750m IPO on the Hong Kong Stock Exchange. HKBN is the parent company of Hong Kong Broadband Network Limited, the largest provider of residential fibre broadband services in Hong Kong by number of residential subscriptions. On listing, … [Read more...]
UK Defence Panel Sees Five Firms Added
Freshfields, Linklaters and eight other law firms have been added to the MoD panel, Legal Week report. The website reports that Freshfields Bruckhaus Deringer and Linklaters are among firms winning places on the Ministry of Defence's (MoD's) 10-strong major projects panel. Addleshaw Goddard, Burges Salmon, Freshfields, Herbert Smith Freehills and Linklaters have been added … [Read more...]
Lawyers Freshfields Major Victor in Asian Legal Business Awards
International law firm Freshfields Bruckhaus Deringer has emerged as the major victor at the 2014 Asian Legal Business Hong Kong Awards, being named Law Firm of the Year. The awards, held on 5 September in Hong Kong, recognise those firms and deals that have most shaped Hong Kong’s legal landscape in the previous 12 months. Freshfields collected eight awards through the … [Read more...]
Freshfields Advises Global Ports on $1.6bn Russian Deal
Lawfuel.com - Law Newswire Service - International law firm Freshfields Bruckhaus Deringer has advised London-listed Global Ports on its $1.6bn acquisition of Russia’s National Container Company. The deal unites Russia’s two biggest container operators. Global Ports, Russia’s market leader, will give NCC’s owners – Russia’s First Quantum group and businessman Andrei … [Read more...]
Hong Kong Company Yingde Gases Advised by Freshfields in US$300 Notes Issue
Lawuel.com - International law firm Freshfields Bruckhaus Deringer has advised Hong Kong listed company Yingde Gases Group Company on its issuance of US$300 million 8.125% unsecured senior notes due 2018. The notes, issued through its wholly-owned subsidiary, have received ratings from various credit rating agencies and are listed on the Hong Kong Stock Exchange. Yingde Gases … [Read more...]
