Top UK lawyer leaves New York litigator to launch ‘modern’ firm – taking 27 of 33 lawyers with her January 31, 2022 A top British lawyer at Boies, Schiller & Flexner’s London office has said she is leaving the much talked about firm to set up a rival litigator, and that she will be taking more than 80 per cent of her former employer’s London-based staff with her. Natasha Harrison, a managing partner at Boies, Schiller & [...]
Slaughter & May hires first COO in shakeup of management structure January 31, 2022 Magic Circle law firm Slaughter and May has poached Freshfields chief operating officer (COO) Jill Hoseason as its first ever COO. Hoseason will join Slaughter & May following almost 14-years of tenure at its rival, Freshfields Bruckhaus Deringer, where she served as the Magic Circle firm’s Global COO. In her new role, Hoseason will take [...]
Tilney Smith & Williamson moves to Belfast’s £85m Ewart building in vote of confidence for Northern Ireland January 31, 2022 London professional services firm Tilney Smith & Williamson is set to move its Northern Irish staff into Belfast’s newly renovated Ewart building, as it pushes forwards with plans to expand its business in Northern Ireland. The move will see the Mayfair-headquartered firm occupy the 13th floor of the 17-story tall Ewart building – a former [...]
Mishcon de Reya postpones IPO due to volatile market conditions January 31, 2022 London law firm Mishcon de Reya has said it is temporarily postponing its IPO due to “volatile” market conditions. The delay comes as another blow to London’s stock market, following a series of disappointing IPOs over the previous year. Mishcon de Reya’s senior leadership decided to put the firm’s IPO on hold, following conversations [...]
Freshfields pays out £50k bonuses to private equity lawyers January 31, 2022 Magic Circle law firm Freshfields Bruckhaus Deringer has begun paying out special bonuses to mid-ranking lawyers working on private equity deals, as it seeks to keep hold of its staff in the face of competition from US firms. The London-headquartered firm is reportedly paying out bonuses worth £50,000 to lawyers working on private equity deals. [...]
MJ Hudson boasts of strong performance amid surging demand for ESG services January 31, 2022 Asset management consultancy MJ Hudson has said it expects its strong performance to continue for the rest of this financial year due to strong demand for its ESG services The AIM-listed firm said it expects its strong performance over the past six months to continue for the rest of the financial year, as it said [...]
Bain, McKinsey and BCG outgun Big Four with huge salaries and big bonuses January 28, 2022 The Big Three consulting firms – Bain, McKinsey, and Boston Consulting Group (BCG) – are now offering considerably higher salaries than the Big Four accounting firms – EY, PwC, KPMG, and Deloitte – new figures from Management Consulted show. A tight global labour market in 2021 and stiff competition among white collar firms has caused [...]
Coinme hires former FBI agent to keep up with ‘rapidly evolving’ regulation January 27, 2022 Cryptocurrency exchange Coinme has hired a former FBI special agent as its first in-house lawyer, in a bid to keep on top of the “rapidly evolving global regulatory landscape” facing the crypto industry. The Seattle-based crypto exchange said it had brought in veteran counter-fraud expert Tom Davis to serve as its first general counsel. Coinme [...]
UK government shakes up Universal Credit in bid to tackle labour shortages, as vacancies hit record highs January 27, 2022 The UK government has said that unemployed people will be expected to look for any sort of work, within weeks of first claiming Universal Credit, if they are unable to find a job in their previous occupation. In an effort to move half a million people into employment by the end of June, the government [...]
Office occupancy is up, as workers return to Central London offices January 27, 2022 Workers have started coming back into central London offices, according to new data from Infogrid, which shows the number of workers back in central London is up 42.7 per cent compared to last week. The figures, collected by Infogrid using sensors it has installed in its customers offices, show that office occupancy jumped 42.7 per [...]