Mishcon de Reya hikes junior lawyer salaries to £110,000 Law Top City law firm Mishcon de Reya has upped its salaries to £110,000 for its incoming cohort of junior lawyers as the pay war continues to intensify. The firm, known for its high-profile disputes, has upped its newly-qualified salaries by 10 per cent, effective from September, while also increasing the salaries of first-year trainees to [...]
City law firms considering corporate-style models amid capital crunch Law Artificial intelligence investment may force top City firms to abandon the traditional limited liability partnership (LLP) mindset and behave like capital‑hungry corporates, a top legal finance firm has predicted. Speaking to CityAM, Burford Capital’s chief operating officer, Travis Lenkner, and vice president, Patrick Savage, said City law firms that would never traditionally sell a controlling [...]
Former Southern Water boss charged with conspiracy to defraud Law The former boss of Southern Water is among four of the water firm’s ex-employees set to face criminal proceedings for conspiracy to defraud. The Environment Agency (EA) alleges that between January 2012 and December 2017 Matthew Wright helped manipulate the operator self-monitoring testing regime by implementing “artificial no-flow events” at wastewater treatment works. The government [...]
