CMS Cameron McKenna, Nabarro and Olswang are in talks to push through a three-way merger that would create a global firm with revenues of almost £1 billion, it has been reported.
The best commercial lawyers have their fingers firmly on the pulse of the business world. If that is the role to which you aspire, starting to get a grip now on the business and economic news of the day is essential, but it can be hard to know where to start. Look no further.
Two firms have stepped up their contributions to making law a more gender-equal profession, with Freshfields banning “Dear sirs” as a way to begin communications and Latham & Watkins launching a breastmilk delivery programme for its travelling lawyers.
Stephenson Harwood and US-headquartered White & Case have revealed their trainee retention rates for the cohort qualifying in Autumn 2016.
A motion has been passed at the Liberal Democrats conference expressing “regret” at the party’s role in making swingeing cuts to the legal aid budget during the 2010-15 coalition government.
The Law Society has condemned a report from the National Crime Agency (NCA) that identifies money-laundering as a major threat and describes solicitors as “crucial to the laundering of illicit funds”.
Want to know what’s been happening in the commercial world that might be of interest to your future clients? Look no further than this collection of interesting business stories from the past week.
Magic circle firm Clifford Chance is cutting its training contract numbers by 20.
The government is to continue with its plans to increase court fees for immigration and asylum cases by up to 500%, despite near-unanimous opposition from lawyers, law centres, unions and community groups.
The justice secretary, Liz Truss, has confirmed that it is the government’s intention to go ahead with plans to implement a British Bill or Rights, although no timescale has been revealed.