May 01, 2008 | Daily Report Online
Confident Linklaters lifts associate pay nearly 4 percentBy Jeremy Hodges
2 minute read
September 03, 2008 | The American Lawyer
Top UK Firms to Disclose Carbon FootprintBy Jeremy Hodges
2 minute read
February 02, 2009 | National Law Journal
U.K.'s Linklaters May Let Go 120 LawyersLinklaters has announced a formal redundancy consultation, with up to 120 lawyers and 150 business support staff in London expected to lose their jobs.
By Jeremy Hodges
3 minute read
May 01, 2008 | National Law Journal
Herbert Smith announces pay freeze for associatesHerbert Smith has confirmed that it will not be increasing associate salaries for the next financial year. The announcement, which comes after the firm last year reported a drop in profits per equity partner of 2.3 percent, falls into line with widely held predictions that associate salaries across London would stay flat for 2008 following the market downturn. Linklaters defied these expectations earlier Wednesday when it announced a 4 percent pay increase for its associates.
By Jeremy Hodges
2 minute read
January 29, 2009 | Law.com
Linklaters Review Set to Claim up to 270 JobsLinklaters has announced a formal layoff consultation, with up to 120 lawyers and 150 business support staff in London expected to lose their jobs. The level of cuts would be the heaviest yet seen at a major U.K. firm in response to the global recession. It is unclear what will happen within the firm's international network, although U.K. lawyers on secondment to international offices will be involved in the consultation.
By Jeremy Hodges
3 minute read
January 16, 2009 | Law.com
U.K. Firms Claim They Won't Follow Clifford Chance's Lead in Job CutsThe bulk of the U.K.'s top 10 law firms have stated that they will not be following Clifford Chance's lead with layoffs in London in the immediate future. Magic Circle firm Linklaters was the only firm that refused to comment, with the others saying they had no lawyer job cuts in the pipeline. Allen & Overy, regarded by many as the most likely to make cuts after Clifford Chance as a result of its large finance practice, said it had no imminent plans.
By Emma Sadowski and Jeremy Hodges
3 minute read
February 10, 2009 | National Law Journal
Freshfields to freeze associate payFreshfields Bruckhaus Deringer has become the first U.K. law firm to break assistant lockstep, with the London giant telling staff Monday that salaries for associates will be held at 2008 levels.
By Jeremy Hodges
3 minute read
April 24, 2008 | Law.com
Linklaters Leads on Royal Bank of Scotlands' Record $24 Billion Rights IssueLinklaters has secured a trophy mandate acting on the record 12 billion pound ($23.8 billion) rights issue by the Royal Bank of Scotland -- the largest of its kind to date. Linklaters is advising the bank -- the U.K.'s second-largest lender and a long-term client of the Magic Circle firm -- on the issue, which comes with RBS set to announce write-downs of 5.9 billion pounds ($11.7 billion) in subprime-related assets.
By Jeremy Hodges
2 minute read
July 01, 2008 | National Law Journal
Willkie Farr and Dickson Minto confirm trans-Atlantic allianceAfter months of speculation, Willkie Farr & Gallagher and Dickson Minto have announced that they have formed a strategic alliance. The relationship strengthens Willkie's presence in London, as well as tapping into Dickson Minto's U.K. private equity expertise.
By Jeremy Hodges
2 minute read
February 19, 2009 | National Law Journal
Details of Linklaters associate job cuts emergeFinal details of Linklaters' sweeping redundancy program are starting to emerge, with 14 associates in the firm's banking practice and a further 16 in corporate being selected for layoffs. The numbers came to light after the firm this week started the second phase of its consultation — informing the individuals concerned of their fate. The number of cuts differs from initial leaked details from the firm which suggested that 19 jobs would go in the London banking practice and 15 in the corporate practice.
By Jeremy Hodges
2 minute read
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