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Legal Week

RPC and Weil announce 100% trainee retention rate, as results come in from host of firms

RPC has given jobs to all 15 of its autumn trainee intake, with Weil Gotshal & Manges also revealing a 100% retention rate.
17 minute read

Legal Week

Regulator brings in alternative to training contracts in bid to open up profession

The Solicitor Regulation Authority (SRA) has introduced 'a period of recognised training' as an alternative to the traditional training contract route to legal qualification.
10 minute read

Legal Week

Former DPP Keir Starmer joins Mishcon in consultancy role

The former director of public prosecutions (DPP) for England and Wales, Sir Keir Starmer QC is to join Mishcon de Reya as a part-time dispute resolution consultant.
4 minute read

Legal Week

Magic circle salary hikes reflect return to boom times but US threat remains

As the post-recession associate lateral market in the City seems to be heating up, competition for the best young legal talent is growing.
20 minute read

Legal Week

Bubble trouble – why Kirkland's latest hire has upped the stakes

Kirkland's hire of Weil banking partner Stephen Lucas is the latest example of US firms wielding ever-more hefty chequebooks to secure the right names...
6 minute read

Legal Week

Different strokes – firms racing to go global risk losing their grasp on their USP

In a world where globalisation and consolidation are increasingly the buzzwords of choice, it takes a brave man to stand up and be different.
5 minute read

Legal Week

Bright young things – decreasing opportunities drive disenchantment among student population

Given Legal Week's focus on senior lawyers working in the top international firms, the people we speak to on a daily basis have already enjoyed success in their careers.
5 minute read

Legal Week

Taking stock – partner hiring is down but acquisitive US firms remain a scourge for UK rivals

"They take our work and our partners and now they want our associates" – is how one senior partner at a leading City firm recently described the continued efforts by US law firms to make their mark in the London legal market
9 minute read

Legal Week

Plus ça change – can Rare's diversity scheme transform the profession?

On the surface a lot can change in the legal world in six months. In the time since I went on maternity leave last summer, SJ Berwin has agreed and gone live with its much-trailed combination with King & Wood Mallesons (KWM), Lawrence Graham has finally found a merger partner in the shape of Wragge & Co, and CMS Cameron McKenna? Well, it hasn't yet managed the US link it has publicly set its sights on, but it has agreed a deal with ailing Scots firm Dundas & Wilson. In many respects though, these developments – with the exception of the KWM merger – seem unlikely to be transformational. Even in KWM's case, the impact it makes will be intrinsically linked to the extent to which the firm can integrate and overcome sizeable cultural differences. Meanwhile, UK mid-market merger activity is increasingly just business as usual for a host of firms scrabbling to improve – or simply maintain – their position in a saturated and highly competitive market.
6 minute read

Legal Week

A conscious bias – why a little positive discrimination is no bad thing

A reader questioned last month why we had chosen to highlight the fact that all of newly merged Dentons' recent EMEA partner promotions were female. Why was their gender relevant to their promotion, they asked – would we have raised the issue if all four of the new partners were male? And of course, he (or she) has a point. With so few women making partner – despite more of them than men joining the profession at entry level and various initiatives by firms to boost female retention – there is inevitably a bias towards reporting the few that do make the grade.
9 minute read

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