‘After Lehman collapsed, salaries still went up’: Magic Circle NQ pay rises as market cools Holly McKechnie ‘Law firms are stupid. They were stupid last time round. People forget but, after Lehman Brothers collapsed, salaries still went…
New brooms from the Magic Circle: Moore adds new law string to his bow as Braham set to chair M&G Charles Avery Gideon Moore (pictured), Linklaters’ erstwhile global managing partner, has added a further flourish to his CV to take on the…
Comment: Last orders – The final reflections of a veteran legal pundit Alex Novarese I’ve always suspected that, like politics, careers in journalism largely end in failure. Here is how mine ends. After 20…
A&O shrugs off lockdown to hike revenues 4% to £1.69bn in first post-pandemic results from UK law elite Alex Novarese There has been much speculation about the impact of the coronavirus pandemic on the profession but the first set of…
Linklaters edges revenue up despite global slump as City results start flowing in Alex Novarese Traditionally, like the proverbial London transit, you wait ages for one set of Magic Circle results and then they start…
Comment: After their lost decade, the current crisis should see the Magic Circle back on world-beating form Alex Novarese Sometimes a shock looks certain to leave life forever changed only for things to carry on much as normal. Sometimes,…
The Global 100 debate – Decision time Alex Novarese Alex Novarese, Legal Business: Let’s get some observations on how people think their businesses are performing. Charlie Jacobs, Linklaters: If…
Double blow for Magic Circle as US leaders Weil and Skadden secure M&A veterans Muna Abdi Leading US firms continue to dominate the London recruitment market with significant appointments from the Magic Circle, as Weil, Gotshal…
LB100 Overview: Apocalypse soon? Marco Cillario As Legal Business was unpacking the 2018/19 financial results of the UK’s top 100 law firms, the Office for National…
The end of A&O’s marathon O’Melveny merger bid reveals the stark choices facing the Magic Circle Alex Novarese This article sits in the news leader slot of our latest issue, but when considering Allen & Overy (A&O) and…
Prestige, cash and a bit of spin: how to get ahead in trainee recruitment Thomas Alan As the associate pay war rages, Thomas Alan finds major firms are falling back on cultural tropes in the expensive…
The Global 100: The devil you know – The two visions for Freshfields Nathalie Tidman ‘Some of the management are dinosaurs. They don’t understand how important this is.’ So speaks one loyalist Freshfields Bruckhaus Deringer…
Associate pay war, anyone? Freshfields sets new Magic Circle standard by raising NQ pay to £100k Marco Cillario Marco Cillario assesses the City-wide implications of Freshfields’ decision to dramatically hike associate salaries A decade after leading the way…
Bench strengths – Sizing up the City’s top dispute teams Tom Baker The best dispute lawyers often have something of the diva or rockstar about them – argumentative, uncompromising and brash. Michael…
City elite sees sharp increase in partner promotions and improved female promotion prospects Nathalie Tidman Magic Circle takes a leaf from US playbook after a parsimonious 2018 This time last year, Legal Business was still…
Slaughters becomes latest to reveal underwhelming gender and ethnicity pay gap Thomas Alan Slaughter and May has published its first partner-level pay gap report, revealing that male partners earn on average 8.9% more than…
Looking back on 2018 – The year in law through ten on-point pieces Alex Novarese As 2018 draws to a close, an editor’s thoughts naturally turn to digging out stuff we’ve already done when they…
Our latest event: 80 top partners and general counsel (plus a few token men) Alex Novarese One of our favourite pieces of the year was our first cover feature of 2018, Alphas, which thanks to the…
Comment: We come not to bury the Magic Circle but to save it Alex Novarese A number of contacts have been telling me of late that Legal Business is gaining a reputation for being ultra-bearish on the…
We come not to bury the Magic Circle but to save it Alex Novarese A number of contacts have been telling me of late that Legal Business is gaining a reputation for being ultra-bearish…
