Milbank LLP has announced substantial summer bonuses for its lawyers globally, including those in London, while Osborne Clarke LLP has announced a salary increase for its newly qualified (NQ) associates in London.
Browne Jacobson LLP has launched a virtual free job simulator for less advantaged students, offering aspiring barristers a glimpse into life in the firm’s barrister team. The programme enables delegates to experience and complete tasks that replicate those of a junior barristers in the firm’s team – “a genuine first for the legal profession”.
Magic circle law firm Freshfields has entered a multi-year collaboration with leading AI company Anthropic to accelerate the development and firm-wide deployment of AI-powered legal workflows, with the Claude family of AI models now available globally across the firm.
Specialist AI venture capital firm Yorkshire AI Labs has launched AI law firm LEXcelerate, with the aim of significantly accelerating the remortgaging process by automating the majority of administrative work.