Magic Circle 'wasted' £10m on trainees last year
A report by The Lawyer shows that trainee attrition cost magic…
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UK firm Allen & Overy increases trainee pay
Allen & Overy has increase trainee remuneration for the first time in three years. Starting from 1 September, first year trainees will receive £39,000, up from £38,000. Second year trainees will get £44,000, up £800…
Slaughter and May makes up two partners in London
Magic Circle firm Slaughter and May has promoted two London lawyers to the partnership, bringing the London partnership to 106 lawyers, and the global partnership to 117. The gender split in the partnership is pretty…
Slaughters appoints new Hong Kong head
Slaughter and May has appointed corporate partner Peter Brien as the new senior partner for Hong Kong. Brien replaces long-serving incumbent Richard Thornhill, who retires after 36 years with the firm. Thornhill…
London law firms work towards socio-economic diversity
London law firms are taking up a range of initiatives to remove the barriers that prevent students from lower-income backgrounds pursuing a career in law. This article from more »
30% Club: 'talent strategies' beat diversity programs
The 30% Club - an initiative aimed at increasing the number of women in leadership positions in the professional services - has recommended a shift in focus from traditional diversity programs to focussed “talent…
Slaughter and May elects new executive partner
Slaughter and May has elected disputes head Richard Clark to the role of executive partner, effective from 1 May 2013. Clark takes over from incumbent Graham White, who intends to retire from the firm at the end of April…
Amarchand, Platinum, Slaughters and Herbert Smith lead $2.05b United Spirits deal
British multinational alcoholic beverage company Diageo has purchased a 53.4 per cent stake in the Indian company United Spirits from its parent company the UB Group for Rs. 11,166.5 crore (approximately $2.05 billion).…
Slaughter and May announces reduced year-end bonuses
Slaughter and May has announced that it intends to pay end of year bonuses to all associates, trainees and support staff, but that it will be reducing the amount of the bonuses compared to last year. This is the…
Slaughter and May considers adding US expertise in Hong Kong
UK firm Slaughter and May is considering whether to add US law capability across multiple jurisdictions - including its Hong Kong base - according to an inside source that spoke with The Lawyer. The Slaughter and May…