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Herbert Smith Freehills: Partner profits slip by nearly 10% to £857,000
Taylor Wessing also records drop Herbert Smith Freehills has published its latest set of financial results, recording a 10% drop in partner profits. The global player posted revenues of £989.9 million,...
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Latest financials reveal mixed fortunes for City firms
Pinsent Masons, Simmons & Simmons, Clyde & Co, RPC and HFW among those to post 2020 results A host of top law firms have published their 2019/20 financial results as the City continues to...
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9 City law firms make gender equality employer list
Recognised for creating workplace environments inclusive of women The legal profession has taken a total of nine spots in this year’s gender equality employer list. The 2020 ‘Top 50 Employers for...
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SRA reveals SQE exam cost of £3,980 as it extends transitional arrangements...
Total fee doesn’t include prep course costs The Solicitors Regulation Authority (SRA) has today revealed the total cost of the new solicitor super-exam, and extended transitional arrangements in...
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No sanction for trainee solicitor who inflated billing hours
Tribunal finds rookie was not dishonest A trainee solicitor who billed clients for work she had not done has been cleared of wrongdoing. Michelle Louise Craven, who was working at Cheshire outfit MLP...
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Travers Smith partner profits down 20% amid COVID-19 disruption
PEP now ‘approximately £1 million’, says silver circle player Travers Smith has revealed its latest set of financial results, with profit per equity partner (PEP) dropping sharply by 20% to...
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Former trainee solicitor barred from legal profession following rape conviction
Ex-Cripps rookie jailed last year A former trainee solicitor who was jailed for raping a woman and attempting to rape another has been barred from working in the legal profession. Wilfred Mandizvidza...
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Macfarlanes to cut NQ pay by £5,000 as it reveals 88% autumn retention score
Silver circle player’s partner profits up 10% to £1.91 million Macfarlanes’ London office Macfarlanes is set reduce the salaries of its newly qualified (NQ) lawyers by £5,000 as it confirmed 22 of its...
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US duo announce 100% autumn retention scores
London offices of Jones Day and Covington & Burling keep all qualifying trainees The London offices of US law firms Jones Day and Covington & Burling have announced autumn retention scores of...
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Linklaters offers emergency accommodation to staff suffering domestic violence
Magic circle player will also provide financial support and additional paid leave Linklaters has introduced a new policy and package of support measures for staff living with domestic abuse, in what is...
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The Legal Cheek Podcast: 3 essential skills for junior lawyers
Available to listen now How can you make the most of your time as a junior lawyer? In the latest episode of The Legal Cheek Podcast, City lawyer Eloise Skinner talks about the skills you can cultivate...
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Justice charity teams up with Big Four accountancy firm to launch virtual pro...
LawWorks Deloitte Access to justice charity LawWorks has teamed up with the legal arm of Big Four accountancy firm Deloitte to launch a new pro bono advice platform. Free Legal Answers, a website...
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Eversheds Sutherland posts 88% autumn retention score
38 out of 43 The London office of Eversheds Sutherland International law firm Eversheds Sutherland has today announced a UK autumn retention score of 88%. Of the 43 UK final-seat trainees due to...
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‘Why do City law firms target second year law students?’
It just seems so arbitrary In the latest instalment in our Career Conundrums series, one aspiring solicitor wants to know why some City law firms prefer second year law students and final year non-law...
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Former City lawyer charged with fraud over missing Commonwealth money
His wife, a fellow lawyer and anti-corruption expert, also faces corruption charges An international lawyer who worked in the City and at the headquarters of the Commonwealth has been charged with...
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Clyde & Co cuts junior lawyer pay by £2,000 and confirms 90% retention
Training contract numbers at the firm increase Clyde & Co’s London office Clyde & Co has cut the salaries of its junior lawyers by £2,000 in London and the regions, and confirmed an autumn...
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Herbert Smith Freehills retains 22 of 32 autumn qualifying trainees
One on fixed-term deal Herbert Smith Freehills’ London office Herbert Smith Freehills (HSF) has recorded an autumn retention rate of 69%, keeping 22 out of 32 qualifying trainees. The silver circle...
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Top US law firm reports itself to the SRA after libel trial is Zoomed around...
McDermott Will & Emery in hot water over breach of judge’s order A leading firm of solicitors has reported itself and two of its London-based partners to the regulator after a live feed of a...
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Baker McKenzie retains 14 out 17 autumn qualifying trainees
A score of 82% Baker McKenzie has revealed its autumn 2020 trainee retention score, confirming 14 of its 17 soon-to-be associates are staying put post-qualification. The international firm said it made...
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Slaughter and May reveals 93% autumn trainee retention score
38 out of 41 Slaughter and May’s London office Slaughter and May has become the fourth magic circle firm to reveal its autumn 2020 trainee retention score. From a September qualifying cohort of 41,...
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