In a muted week for lateral recruitment, Baker McKenzie and Eversheds Sutherland made hires in the City, while Eversheds also grew on the continent.
For the third year running, Mishcon de Reya has welcomed a group of businesses to the firm’s MDR LAB: an incubator programme for tech start-ups in the legal space.
Slaughter and May has confirmed that 93% of its autumn-qualifying trainees will be staying on as associates. The firm will be keeping 37 out of its 40 newly-qualified (NQ) solicitors.
City stalwart Ashurst has followed suit with peers in the Square Mile to raise the salary for newly-qualified solicitors (NQs), upping the ante to £105,000 including bonuses.
Travers Smith has marked a tenth consecutive year of revenue growth with an 11% increase in turnover, although profit per equity partner (PEP) grew at a more subdued 4%.
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