Osborne Clarke's Salary Boosts Paid Members Public
In Short: Osborne Clarke LLP has increased the salaries of newly qualified (NQ) lawyers in its London office to £94,000, riding the wave of a strong financial performance that saw its international revenues jump by nearly 20%.
Mishcon de Reya Secures Injunction for Chanel Against Former Employee Paid Members Public
In Short: A London judge has ordered Charlotte Skeens, a former employee of Chanel, to temporarily remove TikTok videos that allegedly disclose confidential information, potentially breaching a settlement agreement she signed with the fashion house.
Simpson Thacher in AML Hot Water Paid Members Public
In Short: Simpson Thacher & Bartlett LLP’s London office faces a tribunal over alleged failures to implement adequate anti-money laundering (AML) measures, with the Solicitors Regulation Authority (SRA) claiming the firm did not fully comply with regulations introduced in 2017.
Linklaters Snags Top Talent in Sweden Paid Members Public
In Short: Linklaters has brought in Magnus Wennerhorn, a seasoned leveraged finance expert from White & Case, to lead its banking practice in Sweden, aiming to bolster its services for banks and private equity clients in the region.
Gibson Dunn and Sidley Austin Advise on Diversified Energy’s $106 Million Natural Gas Asset Acquisition Paid Members Public
In Short: Diversified Energy Co. PLC has finalized a $106 million deal to acquire natural gas assets in eastern Texas from Crescent Pass Energy LLC, expanding its U.S. operations. The deal was funded by a combination of cash and the issuance of new shares.
CRS boosts NQ salaries Paid Members Public
In Short: Charles Russell Speechlys LLP has increased the salaries of newly qualified (NQ) lawyers in its London office to £88,000 to stay competitive amid rising pay rates driven by U.S. firms. The firm has also made similar adjustments in its Cheltenham and Guildford offices.
DAC Beachcroft Represents Westfield in £665,000 Dispute with Clearpay Paid Members Public
In Short: Westfield has taken Clearpay to court for more than £665,000, arguing that the payment processing company wrongly terminated two "buy now, pay later" partnerships linked to advertising at Westfield's London shopping centers.
