News Alert: Behind the scenes: who are the legal advisers to the UK's top law firms?

Legal Week | News Alert February 11, 2016 Behind the scenes: who are the legal advisers to the UK's top law firms? They may not be the face of the firm, but law firm GCs are becoming more powerful as the scope of their roles increases Mayer Brown hires private equity heavyweight Perry Yam from Reed Smith as firm slashes net debt Yam will join the US firm on 15 February after resigning from Reed Smith last month Skadden to pull out of Australia as international office closures continue US firm is in the process of winding down two-partner Sydney office which is due to close in the first half of 2016 Am Law 100: Cooley revenue climbs 14% as profit soars 21% West Coast leader and new London entrant achieves second year of strong double digit revenue growth after 19% hike in 2014 Kennedys full equity partnership shrinks 14% as profit and turnover dip Fellow insurance firm Ince & Co also reports fall in revenue and operating profit, but Watson Farley & Williams reports growth 'In no way are we starting from scratch' - CMS focuses on US as Duncan Weston takes on global role US, Asia and Africa on the agenda as former CMS UK managing partner Duncan Weston discusses his new global role Qualifying in 2016? Register for DMJ’s career event DMJ Recruitment is hosting its annual careers event for qualifying Lawyers on 13th April. The drinks and networking evening will explore the qualification process and its timings; how to maximise your chances of securing your ideal role; and the state of the market. Lawyers expecting to be taken on by their existing firm and those considering their options are welcome. The event was oversubscribed last year so book early to avoid missing out! To book and for more info, click here Legal Week Law Legal Briefings & Resources New rules to tax carried interest in certain funds as income - a look at the proposals The UK Government published draft legislation on 9 December last year amending the tax treatment of carried interest. The new rules restrict the ability of UK tax-resident individuals to treat carried interest as a capital gain, as this Latham & Watkins briefing explains. Download Upcoming Events for Legal Professionals Legal Week Independent Law Firms Forum 2016 Conference - Thu 17th Mar 2016, London Legal Week Independent Law Firms Forum brings together managing partners and seniormanagement from independent law firms from across the globe to debate and discuss challenges facing their firms. Details Book Online Enquries Add to Diary 2202 Legal Jobs from Legal Week Jobs Corporate - Finance - 3 to 5 years - Leading US firm - £150,000 salary Chase Portland USA -Market leading salary and package on offer - Leading US rates CORPORATE – FINANCE (3-5 PQE) This US firm is one of the most prestigious and well regarded options available to any Solicitor in the UK.  They ope...London (Greater) (GB) More from Legal Week Jobs CONSULTANT LAWYERS (INTERIM) – CORPORATE AND M&A Peerpoint, Allen & Overy’s interim resourcing business, engages legal consultants to work on top quality legal placements with Allen & Overy or clients.We engage with lawyers where we anticipate a demand for their skills and we are currently building a leading position in the areas of expertise set out below – if you are a high-calibre lawyer with strong technical skills and experience in these areas, with a desire to support A&O’s corporate group or the legal teams of Peerpoint’s clients, then we are keen to hear from you For more details on this role and to apply please click here

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