Online hearings are harming junior lawyers, top judge says January 31, 2022 A senior British Judge has warned that virtual hearings are stunting junior lawyers’ development. Chancellor of the High Court Sir Julian Flux warned that “junior barristers and solicitors’ participation is limited to being a tile without picture or sound on a Teams screen.” The top Judge warned that the rise of remote hearings has seen [...]
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 [...]
Mining giant Anglo Pacific names new CEO amid shift away from coal January 31, 2022 Mining company Anglo Pacific has said company veteran Marc Bishop Lafleche will succeed Julian Treger as its new CEO. Bishop Lafleche, who currently serves as Anglo Pacific’s Chief Investment Officer, will take over the firm in April of this year. Former Citi banker, Bishop Lafleche, first joined Anglo Pacific in 2014 as the company’s investment [...]
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 [...]