Service with a smile, well paid partners and associate recruitment drives - the best of Legal Week last week

Legal Week | Editor's Comment December 8, 2015 Service with a smile, well paid partners and associate recruitment drives - the best of Legal Week last week Tue 8th Dec 15:27 The best news and analysis from Legal Week over the last seven days Against the backdrop of the time-worn ‘more for less' adage, partners would be forgiven for thinking that cost was the be all and end all for in-house lawyers when it comes to recruiting external advisers. But while there is no denying that value for money is a key criterion, in fact the way in which advice is delivered is a more important factor for many GCs. Underlining the importance of good client relationships, a recent poll of 900 in-house lawyers for Legal Week's flagship Best Legal Adviser report found communication and responsiveness among the traits highlighted as making the difference between good and great advisers. (Some of the partners who appear to be getting it right when it comes to service delivery are the Client Partner of the Year finalists at our recent British Legal Awards.) Money has also been in the headlines as the first of the UK law firms' LLP accounts start to trickle in, providing an in-depth profile of 2014-15 financial performance. And for the top earners at Linklaters and Macfarlanes (where pay for the highest paid partner leapt by more than a third to over £3m and £2m respectively), it was certainly a good year. But while the partner profits of such firms may suggest otherwise, the long tail of the recession is still having an impact on many firms. Having laid off swathes of associates in the downturn, as well as cutting into trainee intakes, the resulting dearth of mid-level transactional lawyers several years on is keeping recruitment consultants busy as firms now attempt to fill the vacuum. And, for those of you wondering why the winners won what they did at last month's British Legal Awards, here is the lowdown on the judges' favourites. Other popular stories this week: 'Brutal decisions are needed' - RBS says law firms should tackle under-performance like investment banks London lawyers dominate Shearman & Sterling global promotions round 'We are not trying to be the largest firm in New York but you need to be the right size' - Linklaters' US head on hiring in Manhattan Freshfields cuts 30 German back office jobs as Clifford Chance unveils Canary Wharf support centre   Royal Bank of Scotland general counsel Collins resigns to join Santander Linklaters, Cliffe Dekker Hofmeyr and Werksmans advise on €18.6bn Frankfurt listing 'We don't want people looking for the biggest pay cheque' - Linklaters US head on hiring the right partners British Legal Awards General Counsel of the Year: Stefan Borson, Quindell British Legal Awards TMT Team of the Year: Herbert Smith Freehills More stories from Legal Week Legal Week Conferences & Events Legal Week Private Client Forum Americas 2016 Conference Wed 10th Feb 2016 - Tucker's Point, Bermuda Legal Week Trust and Estates Litigation Forum 2016 Conference Thu 10th Mar 2016 - Fayence, France Legal Week Independent Law Firms Forum 2016 Conference Thu 17th Mar 2016 - London, UK More Legal Week Conferences & Events Legal Briefings & Resources Mauritius insolvency law in 60 seconds Thin veil between discrimination and justification: an interesting employment case from France Construction insurance: taking an interest More Legal Briefings & Resources Legal Jobs Peerpoint: Consultant Lawyers (Interim) - Regulatory Reform Competitive (hourly or daily rate) Peerpoint: Consultant Lawyers (Interim) - International Capital Markets Competitive (hourly or daily rate) Chase Portland: ***SENIOR REAL ESTATE FINANCE ROLE WITH PROSPECTS*** c£80-85,000 More Legal Jobs

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