The Lex 100 News
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Mayer Brown Posts 80% Spring Retention Rate
International firm Mayer Brown has released its retention figures for those trainees due to qualify in March 2020. 80% of the soon-to-be NQs are being kept on at the international firm. Five jobs were offered, of which four were accepted by applicants. The distribution is as follows: two trainees will qualify into the Finance department, …
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Dealwatch: Weil and Mayer Brown scoop leads on Nestlé’s $4bn US ice cream business sale
Weil Gotshal & Manges and Mayer Brown have advised on the sale of Nestlé’s US ice cream business to Froneri for $4bn. Froneri is an ice cream focused joint venture by Nestlé and PAI Partners created in 2016. The deal means that brands such as Häagen-Dazs, Edy’s, Drumstick and Dreyer’s will join its portfolio which already includes Movenpick, …
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Dealwatch: Slaughters and Ashurst make headlines on i newspaper sale as DLA and A&O dine out on Bookatable acquisition
In a busy week for UK buyouts, Slaughter and May advised Daily Mail and General Trust on the £49.6m acquisition from JPIMedia of i newspaper and its website by its consumer media business, DMG Media. The Slaughters team was led by corporate partner Rebecca Cousin while an Ashurst team led by corporate partner Braeden Donnelly advised JPIMedia Group. Donnelly …
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Legal secretaries and support staff most at risk as industry loses up to 35,000 jobs by 2027
Legal secretaries and support staff will be the most affected by a decline in legal sector jobs in the next decade as the sector evolves and with increasing adoption of technology, according to a report commissioned by the Law Society. Based on employment data gathered by the Institute for Employment Studies, the report estimates the …
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BARBRI acquires SQE provider Kaplan Altior in preparation for education market overhaul
Legal education provider BARBRI International has accelerated its plans to move into the Solicitors Qualifying Examination (SQE) prep market by acquiring UK-based training and assessment provider Kaplan Altior. The acquisition was completed 30 November, and the new business BARBRI Altior will offer training courses including the Professional Skills Course (PSC) for trainee solicitors and preparation …
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Six City firms appoint BPP to deliver ‘super-exam’ prep courses amid education shake-up
BPP has been chosen by a consortium of six leading firms to provide Solicitors Qualifying Examination (SQE) preparation, as the City gears up for an incoming education overhaul. The consortium is comprised of Freshfields Bruckhaus Deringer, Herbert Smith Freehills (HSF), Hogan Lovells, Linklaters, Norton Rose Fulbright and Slaughter and May. BPP will now design an …
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Dealwatch: A&O and Ashurst close £1.2bn UK tunnel project as US-led buyouts take centre stage
Allen & Overy and Ashurst won leading roles on the £1.2bn Silvertown Tunnel project, the only big-ticket UK-led deal this week in a market awash with US buyouts. A&O advised a consortium including Aberdeen Standard Investments, BAM PPP PGGM, Cintra, Macquarie and SK Group on the Silvertown Tunnel PPP with a team led by David …
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Tom Morrison Essay Prize – Enter by 6 January and win £1,000
Are you a student, recent graduate or governance professional at the start of your career? Enter the Tom Morrison Essay Prize. Essays are sought on the following topic: Could organisations more proactively address environmental, social and governance issues before being required to do so by regulation? How might this be achieved and what do you …
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Skadden Open Evening – 3 December 2019
Skadden, Arps, Slate, Meagher & Flom will be hosting an open evening on Tuesday 3 December 2019. It will be a great opportunity for aspiring lawyers to gain valuable insights about the firm and network with trainees and solicitors from Skadden. The event is aimed at law students in their penultimate or in their final year, …
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Graduate Open Evenings with the Chartered Governance Institute
Join The Chartered Governance Institute for a Graduate Open Evening to explore the breadth of opportunity that a career in governance and company secretarial can offer.
