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.
Slaughter and May has confirmed that 93% of its autumn-qualifying trainees will be staying on as associates. The firm will be keeping 37 out of its 40 newly-qualified (NQ) solicitors.
City stalwart Ashurst has followed suit with peers in the Square Mile to raise the salary for newly-qualified solicitors (NQs), upping the ante to £105,000 including bonuses.
Travers Smith has marked a tenth consecutive year of revenue growth with an 11% increase in turnover, although profit per equity partner (PEP) grew at a more subdued 4%.
The rundown of this week's top news stories.
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