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Private equity house takes majority Parabis stake in law firm LBO first
"If deals like this catch on, I suppose the trainees and junior associates in the country can forget about making partner? The incumbent equity partners are now able to cash in on their stakes, effectively selling out the future of their juniors. After..."
Latest comment: 06 Feb 2012 | 21:31 | 1 comment
Cobbetts refinances £10m banking facilities as top earner takes £400k
"Typical law firm really Fee earners out for themselves. Usual "I'm alright Jack" attitude. No appreciation of other staff members, whom they look upon as cattle fodder."
Latest comment: 06 Feb 2012 | 19:44 | 2 comments
Not your typical vacation - City law firms on how to get a vac scheme placement
"Just wondering how my attitude could come across in vac scheme applications made on paper via a prescribed form and/or a standard CV? Or how it played with me getting a job offer from a top firm following my first interview?"
Latest comment:
06 Feb 2012 | 15:00 | 
| 14 comments
Linklaters to shift client focus and crack down on partner performance
"I'm more interested to know how did LW get hold of this internal memo."
Latest comment: 04 Feb 2012 | 21:18 | 7 comments
Court of Appeal rules fixed share partners are not employees
"Some people have been asking whether I would go to the Supreme Court. If you fund me then I would. I am definitely up for it. If I was to go to the Supreme Court this would be my approach 1. ss4(4) legal nonsense 2. hypothetical assumption contr..."
Latest comment: 03 Feb 2012 | 15:39 | 2 comments
Herbert Smith confirms Australia merger discussions to firm's staff
"I think this is the worst kept secret in the legal world. Hardly warrants the print space."
Latest comment: 03 Feb 2012 | 14:52 | 1 comment
What not to review - AKA the Coffee Machine Contract Conundrum
"Having won a long battle to ensure that (i) the company has one central point of legal advice (the GC) and (ii) that only the GC (or his team) instructs outside counsel, my company's policy is that all legal documents have to be seen by the GC (or a m..."
Latest comment: 03 Feb 2012 | 11:22 | 1 comment
DWF and Cobbetts call off merger talks due to 'market uncertainty'
"But the real story is "what happened to the over zealous IT employee"? A rollicking for doing what he was asked to do?"
Latest comment: 01 Feb 2012 | 23:30 | 1 comment
Ashurst managing partner to stand down ahead of schedule
"Beddow is a competent candidate for the job, but it is unlikely that the board would allow two private equity guys to run the firm. Another potential candidate is Cristina Calvo. Charlie wants to increase the number of female partners in management..."
Latest comment: 01 Feb 2012 | 11:10 | 1 comment
World's first listed law firm takes over UK's Russell Jones & Walker
"I'd be staggeringly surprised if Slater & Gordon were raking in £1bn from the UK in a few years as that's twice what an MC firm does now and they are pulling in less than a sixth of that sum back in Oz."
Latest comment: 31 Jan 2012 | 14:14 | 7 comments
Career Clinic: Will voluntary redundancy look bad on my CV?
"I read in disbelief some of the comments (from well-educated lawyers) about people who have been made redundant especially the ones where apparently only the "best" people are retained during a redundancy programme. You must be very ignorant to think ..."
Latest comment: 31 Jan 2012 | 13:59 | 16 comments
Banking on change - the impact of the Vickers banking reforms
"Interesting insight into both the commercial and legal implications of the paper and the response from the government. Question is how diligently have all stakeholders considered these?"
Latest comment:
30 Jan 2012 | 15:52 |
| 1 comment
SNR Denton partners question one-off £500k payout for former chairman
"This is completely justified. In order to incentivise partners at the top of the lockstep and near the end of their careers to leave the UK for tax-free Dubai and ex-pat packages, we have keep them whole. It's only too bad that so many other had to fo..."
Latest comment: 29 Jan 2012 | 04:34 | 1 comment
Top 50 union promises shuffle upwards for national duo but no end game for Pinsents
"So that's a union of top 50 promising a shuffle for national duo but not promising a game at the end for Pinsents? This reasonably interesting and well-written feature is grossly undersold by a pile-up of redundant cliches. "
Latest comment:
27 Jan 2012 | 15:10 |
| 1 comment
Career Clinic: Is quitting private practice for a goverment legal job worth the gamble?
"I am a six years PQE commercial property lawyer who is leaving private practice to join the GLS, having done a secondment there. As others have said, you do really need to consider the pros and cons of your current role. If money is one of your ..."
Latest comment: 27 Jan 2012 | 10:40 | 8 comments
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