But Partner Earnings Remain In The Millions The top 15 US law firms operating in London saw their collective profits fall below £1 billion in the 2022/23 financial year, according to new research by legal accountancy and advisory firm Hazlewoods. Their profits decreased by 3 percent from £1.01 billion in 2021/22 to £985 million in […]
Paul, Weiss, Rifkind, Wharton & Garrison LLP announced today that Michael Holston will join the firm as a partner. Holston previously served as the senior vice president, general counsel and secretary of General Electric and led the company through the recent successful completion of its three-way split. “We are absolutely thrilled to welcome Mike to
Former GE General Counsel Joins Paul Weiss as Partner Read More »
A former partner at Freshfields Bruckhaus Deringer has been referred to the UK Solicitors Regulation Authority (SRA) the legal watchdog agency over allegations of inappropriate behavior by Nicholas Williams towards an individual identified only as “person A”. The referral comes in the wake of allegations of during an incident that occurred between December 20 and
Paul Hastings has hired 30 lawyers from King & Spalding as the firm intensifies ts moves to build up its finance and restructuring practices, which has seen the firm acquire teams from competitors such as Stroock & Stroock & Lavan, Vinson & Elkins, and Cahill Gordon & Reindel over the past two years. The team
Paul Hastings Raid Nets 20 Legal Team From King & Spalding Read More »
For the ninth consecutive year, lawyers from Slaughter and May feature on the Empower Role Model Lists. The lists are published annually to celebrate executives, advocates and future leaders who are championing positive change for ethnic minorities in business. This year’s lists include Partners Samay Shah and Gayathri Kamalanathan, who feature on the Empower 100 Executives Role Model List,
Slaughter & May Features For 9th Year on Global Empower Role Model Lists Read More »
The $20 Million Payday Deals Albert Goodwin, LawFuel contributing editor Although ‘lateral’ may mean ‘sideways’, it certainly means ‘UP’ when it comes to lawyer compensation as some of the lateral transfers now occurring among big law firms see the big law pay scale rise to $20 million or more. Heady stuff. The pressure is on
Big Law Pay Scale A Millionaire Maker or Partnership Breaker? Read More »
‘Trusted Partner’ Leaves Skadden The aggressive – and expensive – recruitment by Paul Weiss has seen David Hepp, the co-head of Skadden’s financial institutions group, leave the firm to join the rival firm in New York. Hepp specialized in advising asset managers and served as the lead lawyer for BlackRock on many deals, including its
Paul Weiss Take Another Leading Legal Scalp In Big Money Hire Read More »
The NQ Associate Battleground UK law firms are risking future growth prospects with their mounting pay for associates, according to a report in BloombergLaw, quoting various law firm recruiters and others on the London pay battleground that we have been reporting on for some months. The pay rises in recent months have been significant: Linklaters
UK Law Firms Risk Growth in Fueling Associate Pay War Read More »
Perkins Coie Launches London Office with Tech Startup Focus In a move to bring its tech startup expertise to the European market, Seattle-based Perkins Coie has announced the opening of a new office in London. The firm ranked 43rd in revenue among U.S. law firms last year at $1.2 billion, is establishing its first office
Perkins Coie Becomes The Latest US Big Law Firm in London Read More »
Law Firm Pay Changes Albert Goodwin, LawFuel contributor Davis Polk chair, Neil Barr, sees the next 18 months as a key period that will reshape the legal industry landscape with increased lateral hiring and changes to law firm pay models, according to a report in Bloomberg Law. Lawfuel reported on the lateral recruitment move in
Big Law Changes For Law Firm Pay and Lateral Hires Read More »
