CC corporate partner Steven Fox, who joined the magic
circle firm last year from Ashurst, is leading the firm's team advising SS&C on UK law alongside CC partners Lee Coney (corporate), Roderick McGillivray (finance), Simon Crown (regulatory) and Sonia Gilbert (employment).
Not exact matches
«To say the vultures are
circling is probably an understatement,» Larry Perkins, the CEO and founder of the advisory
firm SierraConstellation Partners, told Business Insider
last month.
Since stepping down from running British food giant Premier Foods Plc in June
last year he has worked with a string of private equity
firms including KKR which is now
circling Treasury Wine after approaching the board in April with an offer of $ 4.70 per share.
The figures are contained within CC's annual corporate responsibility report, which states that the magic
circle firm invested a total of 58,368 hours in pro bono and community activities during the year, up 2 % from the figure of 57,071 hours reported
last year.
The magic
circle firm's latest partner promotions, announced
last week, included City competition lawyer Kerry O'Connell, who will move from London to Brussels before the end of the year.
Banding systems and combined pay and bonuses mean rates across the magic
circle are harder to compare than at most US
firms, but Clifford Chance, for example,
last year pushed NQ rates up to # 85,000 including bonus.
The UK magic
circle saw growth hampered by the faltering euro in 2014 - 15, with Allen & Overy (A&O) the only
firm with an international spread to see a marked revenue increase in the
last financial year.
The
firm, which
last month became the first of the magic
circle to file its gender pay gap report, revealing a pay gap of 23 % for non-partner employees, has now announced that when including partners, the overall gender pay gap for all employees and lawyers rises to 60.3 %.
Allen & Overy's (A&O's) management team took home a combined # 15.8 m during the
last financial year, according to the magic
circle firm's limited liability partnership (LLP) accounts.
Bates, who has been London finance head for the
last seven years, will take up a four - year term at the helm of the magic
circle firm's City office on 1 January next year.
The vote, news of which was first revealed
last week, was largely seen as a formality after the magic
circle firm successfully courted the private equity star, despite interest from US outfits including Simpson Thacher & Bartlett.
The five magic
circle firms brought in # 5.5 bn
last year — an impressive performance and certainly the best average showing across the legal elite in several years.
The magic
circle firm unveiled its «Fintech Fast Forward» scheme
last October, and opened the first round of applications for the scheme the following month.
Last month, Cravath Swaine & Moore kickstarted an associate pay war among US and magic
circle firms when it hiked its first - year US associate pay $ 180,000 (# 124,000) a year.
Within law - student
circles, a 2L at the University of Virginia gained mythic notoriety
last summer when she reportedly drank too much, undressed too much and dove into the Hudson River while attending a party hosted by the
firm where she was a summer associate.
Ellis, who was a partner at MoFo between 2007 and 2008, has rejoined her old
firm this week to work alongside corporate partner Thomas Chou and M&A partner Jeremy Hunt, who joined the
firm last year from magic
circle firm Allen & Overy.
The magic
circle firm has hired IP partner Mark Heaney, who joined Simmons from US
firm Baker Botts
last year, alongside fellow Simmons IP partner David Stone (pictured).
The magic
circle firm took a small equity stake in the business in return for its help developing the software
last year.
Over the
last 5 years Alexandra has focused on introducing Resource Management structures in to new markets and sectors, including implementing one of the first dedicated Resource Management functions in to a magic
circle law
firm.
Last month, Legal Week revealed that Berkovich was in talks to join the magic
circle firm following a restructuring of Ashurst's New York office.
Having pulled a 15 - or 16 - hour day at the coalface (ok, at the PC) in your magic
circle firm's boiler room, the
last thing you want to do when you get home is to get out the egg whisk and the mineral water.
The group of 18 new partners — an increase of two on
last year — features six London lawyers, including structured finance senior associate Richard Hart, whose promotion comes after the recent review of the magic
circle firm's finance offering.
The magic
circle law
firm — which is the UK central bank's preferred legal adviser — has so far advised the Bank on matters including a # 170bn stimulus package unveiled
last month to boost the economy.