August 05, 2010 | Law.com
Several U.K. Firms Announce Freezes or Cuts in Associate Pay RatesA number of top 20 U.K. law firms have announced their associate salary levels for the year ahead, with several opting not to increase their rates. And one firm, Bird & Bird, has reduced its pay bands for associates with between one and three years' post-qualification experience.
By Sofia Lind
2 minute read
July 24, 2009 | Law.com
FoxMandal Looks for External Funding as Firm Struggles to Pay StaffFoxMandal Little is considering external funding options as the firm grapples with an increase in late payments by overseas clients. The Indian law firm has admitted that the majority of its New Delhi-based fee earners were not paid last month after around 70 percent of the firm's overseas clients failed to pay bills on time. The firm said that many payments had been delayed from a minimum of around 90 days to up to six months.
By Sofia Lind
2 minute read
October 26, 2010 | The Legal Intelligencer
BigLaw Firm Adds Standardized Psych Test to Associate HiringSimmons & Simmons has overhauled its recruitment process, extending elements in a bid to better filter applicants.
By Sofia Lind
2 minute read
February 19, 2008 | National Law Journal
Skadden Builds in Asia With Shanghai DebutSkadden, Arps, Slate, Meagher & Flom launches an office in Shanghai this week, with the relocation of corporate partner Gregory Miao, who previously split his time between Hong Kong and Beijing. The branch will focus on M&A, corporate and real estate, with Miao leading the corporate practice and Ed Sheremeta heading up its real estate division. The Shanghai location will be the law firm's fifth Asian office.
By Sofia Lind
2 minute read
September 15, 2010 | Law.com
Britain's Justice Ministry Opens Consultation on Bribery ActThe British Ministry of Justice has launched a two-month consultation on the Bribery Act of 2010 in an effort to help businesses prepare for new legislation. The consultation will answer questions surrounding corporate hospitality and promotional expenditure, with some fearing that strict new legislation threatens to put U.K. companies and those doing business in the U.K. at a competitive disadvantage.
By Sofia Lind
2 minute read
January 09, 2009 | The Recorder
Clifford Chance to Lay Off Up to 80 LawyersIt is the first major London law firm to launch a formal redundancy program in the U.K.
By Sofia Lind
3 minute read
March 28, 2011 | New York Law Journal
The Once and Future King: UK Firm Elects Familiar FaceBy Sofia Lind
2 minute read
July 28, 2010 | Law.com
U.K.'s Solicitors Regulation Authority Relaxes Conflicts Rules After Review of Use of 'Chinese Walls'London law firms will now be able to make wider use of "Chinese walls" after the Solicitors Regulation Authority finalized a review of the rules governing conflicts. The rule changes, approved by the Legal Services Board earlier this month, lift the restrictions that previously only allowed law firms to act for multiple clients with information barriers in place if a firm had already been instructed at the time the conflict arose.
By Sofia Lind
2 minute read
May 10, 2011 | Law.com
Clifford Chance's U.S. Litigation Head Joins ClearyIn what will be seen as a blow to the firm, Clifford Chance has lost its Americas head of litigation and dispute resolution, with Juan Morillo joining Cleary Gottlieb Steen & Hamilton in Washington, D.C.
By Sofia Lind
2 minute read
October 15, 2009 | Law.com
DLA Piper Names Al-Yaqout as New Middle East Managing PartnerDLA Piper has appointed a new Middle East managing partner. Kuwait head Abdul Aziz Al-Yaqout took over from David Church on Oct. 1. Church will now work full-time as the firm's international development partner, a position he has held since 2005. "There is a feeling that it would be good to have an Arab run the Arabic offices," said Al-Yaqout. "It ties in with the firm's strategy as a whole, to be a strong local player with an international focus."
By Sofia Lind
2 minute read
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