Mergers and acquisitions occur when one company takes control of another. The internationally agreed definition is when one company gains more than 50% of the ordinary shares (or voting rights) of the acquired company.
Baker McKenzie has become the latest law firm to put its newly-qualified (NQ) solicitors in line for a six-digit pay package with an eye-catching 23% increase to its starting rates.
Taylor Wessing has confirmed its newly-qualified (NQ) solicitors will now earn £77,000, a £6,000 uplift from the previous £71,000 offering. The tech-focused firm also announced that this figure could rise to £92,400 when taking into account bonuses.
In a muted week for lateral recruitment, Baker McKenzie and Eversheds Sutherland made hires in the City, while Eversheds also grew on the continent.
For the third year running, Mishcon de Reya has welcomed a group of businesses to the firm’s MDR LAB: an incubator programme for tech start-ups in the legal space.
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