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Getty Images By. Scottish News. Clifford Chance bucked the trend, however, announcing its strongest set of financial results to date. It was also a period that attracted forecasts of dramatic change and modernisation in law that continually fell short of reality, despite the introduction of the Legal Services Act. News Fettesgate: 'Magic Circle' spells panic in the police IT started out as whispers between lawyers over boozy lunches and mutterings of discontent in police canteens. Given the ‘ongoing and unpredictable’ consequences of the pandemic in the final quarter, Clifford Chance said it has taken a provision against the profits distributable to partners, meaning some money was withheld. But let us put politics to one side and assume that a form of substantive Brexit is happening. It brings you quick, access to the library catalogue and value added legal information sources. Continue reading “Magic Circle duo goes full throttle on Aston Martin’s landmark London listing”. It is even more welcome in such a difficult year, and it is lovely to be able to share some good news with our team and colleagues. Freshfields, Allen & Overy and Linklaters have all announced a year-on-year fall in profits for the year ending 30 April 2020, in spite of robust revenue growth. Our Privacy Policy has changed. James Booth. The moves come as the UK’s infection rate today [16 March] rose to 1,395 cases, 35 of which have proved fatal. The Magic Circle cannot recommend a magician or answer questions about the magicians who advertise their services. Back-of-the-envelope calculations suggest such a move, which will put Freshfields well ahead of its Magic Circle peers, comes at an annual cost of more than £10m. Continue reading “Linklaters leads Magic Circle pack amid solid 2018/19 trading but uncertainty looms over the City elite”. Continue reading “Magic Circle scrambles as UK construction giant Carillion falls into liquidation”. Continue reading “Coronavirus impact widens as Links and Eversheds become latest City firms to send staff home”. City heavyweights Slaughter and May and Freshfields Bruckhaus Deringer have taken the driving seat on the proposed initial public offering (IPO) of Aston Martin, a float reportedly valuing the luxury car maker at £5bn. Dentons’ restructuring partners Nigel Barnett and Neil Griffiths are advising the liquidator, the Official Receiver, which the government will be providing with funding required to continue to carry out the company’s public services. Revenue was up 0.7% at £1.64bn. The decision to hike its associate pay scale, raising its benchmark rate for newly-qualified solicitors from £85,000 to £100,000 is a bold and expensive step for the City giant. Allen & Overy (A&O), Slaughter and May and Clifford Chance have asked City staff to work from home in a bid to mitigate the spread of coronavirus. Amid a wider slowing of the UK economy and Europe’s deal markets in the face of Brexit and a range of cross-border headwinds, the City’s big four international players posted another year of the moderate results that have defined their post-banking-crisis form. News. To recap as the UK tiptoes towards banana republic territory in the wake of last month’s inconclusive, prediction-defying general election: City professionals face the prospect of an unsteady government negotiating a logistically-epic exit from the EU with an uncertain agenda against a much larger and better prepared counter-party. A heavyweight line-up of Slaughter and May, Freshfields Bruckhaus Deringer, Dentons, Clifford Chance (CC) and Linklaters have mobilised as construction giant Carillion files for liquidation in one of the largest UK insolvencies for years. Three magic circle firms have reported a dip in profits this results season, as provisions are made for the ‘ongoing and unpredictable’ consequences of Covid-19. News 'Magic circle' judge Lord Dervaird takes gay secrets to the grave after he dies aged 80 . Continue reading “Magic Circle playbooks in Europe are full of contradictions”, Legalease Ltd, 188 Fleet Street, London, EC4A 2AG, T: +44 (0)20 7396 9313 | E: subscriptions@legalease.co.uk, “Legal Business/OpenText Webinar – Evolution of digital solutions for in-house teams post-lockdown”.

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