News Alert: Freshfields partners face profit share cut and drop to lower lockstep ladder

Legal Week | News Alert January 6, 2016 Freshfields partners face profit share cut and drop to lower lockstep ladder Freshfields moves some partners to second tier lockstep ladder capped at 30 points as profitability drive continues Top earners at Simmons and Stephenson Harwood see double digit pay boost UK firms increase highest-earning member pay by 20% and 30% respectively as revenue and profits rise Insurance firm Parabis owed creditors £121m when it collapsed Administrators report reveals the extent of the firm’s liabilities and what went wrong prior to its collapse in November Clifford Chance management takes 7% pay cut as profit and revenue fall Slimmed down management committee takes home £90,000 less on average as profit dips and European revenue falls Clifford Chance and Linklaters advise as Sainsbury's approaches Argos owner Magic circle duo advise either side of UK supermarket giant's rejected approach for Home Retail Freshfields and Linklaters win third of top roles on Europe's largest deals in 2015 Partners share the highlights and challenges of working on some of this year's biggest deals but some question whether blockbuster takeovers will persist through 2016 JLegal Salary Guide 2016 - NOW AVAILABLE The JLegal 2016 salary guide is now available. May we take this opportunity to wish you all a very Merry Christmas and a happy and healthy 2016 Please register for your copy at www.jlegal.com Please register for your copy here Legal Week Law Legal Briefings & Resources The break option battle: a tenant's guide to emerging victorious One of the most eagerly awaited (and then talked-about) cases of 2015 was the decision in Marks & Spencer v BNP Paribas - once again, a landlord and tenant were boxing over break options. This Nabarro briefing sets out some top tips for emerging victorious from the break option battle. Download Upcoming Events for Legal Professionals Corporate Counsel Middle East Awards 2016 Awards & Rankings - Thu 12th May 2016, Dubai Hosted by Legal Week (organisers of The British Legal Awards) and the Corporate Counsel Middle East Group, these awards will celebrate legal excellence in the Middle East and are open to in-house legal teams and law firms operating throughout the region.. Details Book Online Enquries Add to Diary 1947 Legal Jobs from Legal Week Jobs Lead Professional Support Lawyer – Real Estate CMS -Competitive An Energy Deputes Team within a leading international law firm, ranked Tier 1 in Chambers and Partners and Legal 500 in the energy sector, seeks a ...London – EC4N 6AF More from Legal Week Jobs HEAD OF PLANNING Our client is a major law firm with expertise across many practice areas of which real estate is a core one. Aligned to that is its planning practice which acts for clients from both the private and public sector and which has a number of dedicated specialists. For further information click here

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