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Walker Morris keeps NQs on £29k trainee pay until November
New qualifiers must wait two months for salary hike Walker Morris’ Leeds headquarters One of the biggest legal employers in Yorkshire will keep its newly-qualified (NQ) solicitors on trainee pay until...
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Ropes & Gray bans TikTok on work devices following privacy concerns
Applies to lawyers and staff across firm’s global offices Ropes & Gray has banned the use of TikTok on devices which receive work emails following privacy concerns raised by clients. The firm-wide...
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Freeths partner fined £4,000 for asking derogatory question to gay trainee
Also breached accountancy rules A partner at a national law firm has been fined £4,000 for asking if it was acceptable to refer to a gay trainee solicitor as a ‘poofter’, before repeating the offensive...
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Future City trainee goes public with concerns about doing training contract...
‘I struggle to see how this could truly be replicated virtually’ A future City trainee solicitor is “alarmed” that some people would prefer never to go back to the office now that lockdown restrictions...
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Average partner earnings at Clifford Chance hit £1.69 million
Revenues up too despite pandemic Clifford Chance’s London office Clifford Chance has become the third magic circle player to post its 2020 financial results, revealing modest uplifts to both revenue...
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Ashurst keeps profit per equity partner above £900k and holds NQ pay steady...
Silver circle firm’s PEP is down 7% and NQ pay frozen as it confronts the pandemic Ashurst has released its latest set of financial results, with partners continuing to earn in excess of £900,000 in...
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Allen & Overy posts 93% autumn retention score
38 out of 41 trainees stay on Allen & Overy’s London office Allen & Overy (A&O) has today announced an autumn retention score of 93%. Of the 41 final-seat trainees due to qualify in...
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Partner profits at Freshfields dip to £1.82 million as revenue creeps up 3%
Magic circle player cites ‘challenging economic climate’ Freshfields has gone public with its latest set of financial results, with equity partner earnings dipping slightly to £1.82 million. The...
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US firms hold the MoneyLaw line
Akin Gump, Vinson & Elkins, Sidley and Debevoise have ‘no plans’ to reduce London trainee or NQ pay The London offices of four US law firms have kept their newly-qualified (NQ) and trainee...
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‘Kirkland & End It’ is the latest corporate law meme account poking fun at...
Is this a new social media trend? Now there’s a ‘Kirkland & End It’ Instagram account poking fun at the legal profession. The meme page, which is in no way associated with Kirkland & Ellis, has...
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Irwin Mitchell retains 47 out of 52 autumn NQ solicitors
Strong 90% score follows firm’s decision to delay start dates of future trainees Irwin Mitchell’s office in London Irwin Mitchell has posted a solid autumn 2020 trainee retention score of 90%. Of the...
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Magic circle partner reveals how home-working has changed his life for the...
A&O funds lawyer Paul Sampson says he can now have dinner with his wife and read his kids a bedtime story A magic circle partner has revealed some of the things he “rarely or never did” prior to...
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WFW pauses recruitment for direct TC applicants as it announces 94% autumn...
Exclusive: Watson Farley & Williams to review process and will resume once able to run assessment centres effectively WFW’s London office Watson Farley & Williams (WFW) has paused recruitment...
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Corporate law firm pledges to donate all profits to charity — forever
Aria Grace Law looks to ‘spread the wealth’ A corporate law firm has pledged to donate all of its profits to charity each year in an effort to “spread wealth with clients, lawyers and society”. Aria...
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US law firm Crowell & Moring to recruit first London trainee
Inaugural rookie will complete ‘non-rotational’ TC US law firm Crowell & Moring is to take on its first trainee solicitor in London. The Washington-headquartered firm confirmed it will recruit one...
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Beware the legal outsourcing second wave, junior City lawyers
What comes after the pandemic may not be good for MoneyLaw salaries The first wave of legal outsourcing, which swept the legal profession in the wake of the 2008 financial crisis, seems almost quaint...
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The opportunities for future City lawyers in a post-COVID world
Three associates from the London offices of Freshfields, Baker McKenzie and Reed Smith join a ULaw careers expert to share advice On the panel at this month’s ‘How to become a City lawyer in a...
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Freshfields posts 84% trainee retention score
Declines to say if any NQs are on fixed-term deals Freshfields has become the third magic circle firm to reveal its autumn retention score, revealing 32 out of its 38 trainees due to qualify next month...
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Home-working: Older solicitors more likely to struggle with tech compared to...
Do you know your Zoom from your Hangouts? Older solicitors are more likely to struggle with tech compared with their younger colleagues in the wake of the coronavirus pandemic and moves to more agile...
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Junior solicitor struck off for trying to cover up costs order against her...
Newly qualified Katherine Gilroy said her mental health had suffered from overwork A newly qualified solicitor who worked herself into a state of nervous collapse has been struck off for trying to...
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