Law Firms

Clifford Chance has been left out on a limb following its decision to cut salaries for newly-qualified lawyers Trainees due to qualify this September will see their pay dip from £50,000 to £48,000 per year. Associates at Clifford Chance will see their average pay increase drop to just over 4 per cent from a previous 6.7 per cent in 2002-03.

Allen & Overy, Freshfields Bruckhaus Deringer and Linklaters, however, have all confirmed to Lawyer 2B that they will not be following the rival magic circle firm’s lead, and that newly-qualifieds’ pay will remain static at £50,000. With SJ Berwin, Clifford Chance was the instigator of the 2000 salary war, as UK firms sought to rival […]

Clifford Chance has been left out on a limb following its decision to cut salaries for newly-qualified lawyers Trainees due to qualify this September will see their pay dip from £50,000 to £48,000 per year. Associates at Clifford Chance will see their average pay increase drop to just over 4 per cent from a previous 6.7 per cent in 2002-03. Read More »

Senior London barrister Lord Grabiner QC is believed to be set to earn £3m in 2004, charging as much as £3,000 an hour – up three fold over his last year rake-in. But wait, he is charging even more for some clients.

One Essex Court head Lord Grabiner QC is set to earn £3 million while his arch rival, Essex Court Chambers Gordon Pollock QC, is tied up in the ongoing BCCI trial. Pollock, who is devoted to representing BCCI’s liquidators against the Bank of England until at least 2005, has commanded a £3m brief fee, putting

Senior London barrister Lord Grabiner QC is believed to be set to earn £3m in 2004, charging as much as £3,000 an hour – up three fold over his last year rake-in. But wait, he is charging even more for some clients. Read More »

Law-series guru David E Kelley has done the near-unthinkable: He’s gone the ‘reality TV’ way.

TV producer David E. Kelley, an outspoken opponent of “reality” television, has bowed to the genre’s popularity by developing a drama with real lawyers, Daily Variety said in its Wednesday edition. Kelley, who will serve as a consulting producer, will create a law firm whose members will try real civil cases through binding arbitration overseen

Law-series guru David E Kelley has done the near-unthinkable: He’s gone the ‘reality TV’ way. Read More »

Money-laundering and smuggling claims against Malboro Man makers Philip Morris International were dropped by the European Union on Friday in a $1 billion-plus settlement.

The European Union on Friday dropped money-laundering and smuggling claims against Philip Morris International in a $1.25bn settlement it claimed could herald similar deals with other tobacco companies. The EU legal team, which is pursuing RJ Reynolds and Japan Tobacco in the US courts, believes the deal with the makers of Marlboro cigarettes is a

Money-laundering and smuggling claims against Malboro Man makers Philip Morris International were dropped by the European Union on Friday in a $1 billion-plus settlement. Read More »

A British lawyer-turned-consultant has opened North Korea’s first foreign-owned legal and accounting practice in the isolated, pariah state.

North Korea has taken a further tentative step on its economic reform path after it allowed the country’s first law firm to open on a Pyongyang square named after the communist state’s founder, Kim Il-sung. British lawyer-turned-consultant Michael Hay told four foreign reporters the firm he jointly owns with an outfit spun off from an

A British lawyer-turned-consultant has opened North Korea’s first foreign-owned legal and accounting practice in the isolated, pariah state. Read More »

New York Attorney General Eliot Spitzer may now be readying a case against music industry payments that are costing the industry tens of millions of dollars

Promoters pay radio stations annual fees for advance copies of playlists and bill record companies for each new song played, running up a tab that costs the industry tens of millions of dollars annually. Financial woes and piracy have caused the labels to cut back on such payments. New York State Attorney General Eliot Spitzer

New York Attorney General Eliot Spitzer may now be readying a case against music industry payments that are costing the industry tens of millions of dollars Read More »

Italian Prime Minister Silvio Berlusconi escaped conviction in a major corruption trial on Friday after a court invoked a statute of limitations that meant time had run out to sentence him for bribery.

Italian Prime Minister Silvio Berlusconi escaped conviction in a major corruption trial on Friday after a court invoked a statute of limitations that meant time had run out to sentence him for bribery. Berlusconi welcomed the verdict, which brought down the curtain on a trial that lasted almost five years, saying he had always expected

Italian Prime Minister Silvio Berlusconi escaped conviction in a major corruption trial on Friday after a court invoked a statute of limitations that meant time had run out to sentence him for bribery. Read More »

A merger between the Boston-based Ropes and Gray law firm with Fish and Neave, a law firm with offices in New York and Washington DC, has been finalized.

A merger between the Boston-based Ropes and Gray law firm with Fish and Neave, a law firm with offices in New York and Washington DC, has been finalized. Ropes and Gray Chairman Bradford Malt perviously said the merger would create a powerful new resource for its clients. The combined firms will employ 750 lawyers and

A merger between the Boston-based Ropes and Gray law firm with Fish and Neave, a law firm with offices in New York and Washington DC, has been finalized. Read More »

A lawyer for one of three British soldiers charged with abusing Iraqi detainees accused their commanding officer on Friday of issuing orders which led the soldiers to face trial.

The commander of three British servicemen accused of mistreating Iraqi detainees testified Friday that he told soldiers to make their prisoners “work hard” picking up garbage but saw no abuse. A Danish army captain and four military police sergeants, meanwhile, were formally charged with mistreating Iraqi detainees at a military camp near Basra last year.

A lawyer for one of three British soldiers charged with abusing Iraqi detainees accused their commanding officer on Friday of issuing orders which led the soldiers to face trial. Read More »

White House counsel Alberto Gonzales won U.S. Senate confirmation on Thursday as the nation’s next attorney general, but recorded the second highest number of “no” votes for a successful nominee for the post.

White House counsel Alberto Gonzales won U.S. Senate confirmation on Thursday as the nation’s next attorney general, but recorded the second highest number of “no” votes for a successful nominee for the post. The Republican-led Senate rejected Democrats’ complaints that he helped craft policies that contributed to the torture of foreign detainees and approved him

White House counsel Alberto Gonzales won U.S. Senate confirmation on Thursday as the nation’s next attorney general, but recorded the second highest number of “no” votes for a successful nominee for the post. Read More »

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