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International Edition

A&O and Linklaters lead on trailblazing university bond

Allen & Overy (A&O) has advised De Montfort University on a 30-year £110m bond issue – a deal that marks the first bond offer by a UK university in more than 10 years. A&O fielded a team led by London-based capital markets partner Geoff Fuller and counsel Beth Collett, assisted by associate Joanna Bell.
2 minute read

International Edition

Math test - are law schools fixing their graduate employment figures?

Are law schools inflating their graduate employment statistics? Students at several schools claim they are. A series of suits is forcing the American Bar Association to re-examine its reporting requirements. Irene Plagianos reports
13 minute read

International Edition

Regulator gives go-ahead for aptitude test for aspiring Bar students

Plans to introduce an aptitude test for budding barristers have been given the go-ahead by the Legal Services Board (LSB). The proposed Bar Course Aptitude Test (BCAT) would be compulsory for prospective Bar Professional Training Course (BPTC) students, in an effort to tighten entry requirements by setting a minimum required standard.
2 minute read

International Edition

Camerons, Olswang and US quartet confirm autumn NQ retention rates

CMS Cameron McKenna, Olswang and White & Case are among a number of law firms to have confirmed retention rates for their September intakes, with Olswang also unveiling changes to its trainee recruitment scheme. Camerons has announced an 84% retention rate, slightly up on the 81% kept on from the firm's March intake. Of 31 newly qualified (NQ) trainees, 26 took up positions at the firm after 29 were offered jobs. The March intake saw 25 of 31 NQs kept on.
2 minute read

International Edition

Mayer Brown offers London trainees £10,000 to defer for one year

Mayer Brown has offered its incoming London trainees the option to defer their training contracts in exchange for a one-off payment of £10,000, with three agreeing to postpone their start date by 12 months. The US firm's London arm, which takes on between 20 and 25 trainees per year across two intakes in March and September, asked a total of 47 future trainees across four intakes to defer by a year due to business activity levels.
2 minute read

International Edition

Legal Week research highlights private school dominance at top firms

Linklaters has the highest percentage of privately educated lawyers among the UK top 20 law firms by revenue, according to a major research project by Legal Week.
3 minute read

International Edition

The damned Savage - the College of Law chief executive tells it like it is

Successful, controversial, unconventional – The College of Law's chief Nigel Savage has a singular reputation within the profession. Neil Hodge meets the 'Brian Clough of legal education'
10 minute read

International Edition

Government backs new paralegal training scheme with £1m in funding

The Government has assigned £1m in funding to a new apprenticeship programme that will enable budding lawyers to train as paralegals and pursue an alternative route into law without the need for a university education. Pearson has won the tender to provide the training programme, which is expected to launch in early 2013. It is intended to target school-leavers who are interested in a career in law, but who cannot afford or do not wish to pursue a university degree.
3 minute read

International Edition

College of Law accounts: 2% income rise and £100k pay drop for CEO

The College of Law has posted 2010-11 income of £74.4m in the wake of its recent private equity takeover, with the College's accounts also revealing a £100,000 decrease in pay for chief executive Nigel Savage. This year's total income marks an increase of around 2% on the 2009-10 figure of £73.1m, with the total comprising £72.3m in course fees and subscriptions from legal education, plus an additional £1.3m in investment income.
3 minute read

International Edition

Career Clinic: Will I lose my top 10 training contract if I fail my exams?

"Don't get too crafty because that would bring your integrity into question. It's better to be honest and explain why you failed than to take a risk and then end up being grilled by a bunch of lawyers..."
2 minute read

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